How to increase house value for Sale ?
Making changes to your house before selling can be a good idea, it increases the interest of the buyer and maximizes the eventual sale price. Anyhow, you need to be careful that the cost of renovations does not exceed the value of the property.
Making changes to your house before selling can be a good idea, it increases the interest of the buyer and maximizes the eventual sale price. Anyhow, you need to be careful that the cost of renovations does not exceed the value of the property.
Following are the 5 steps to increase the house value.
- Improve the appeal of the curb
- Paint your surroundings
- Install an outdoor entertainment place
- Enhance the floor plan
- Update the kitchen and bathrooms
A survey highlighted that buyer will reduce their offers by as much as 25% if a house’s street look isn’t up to mark. Before you sell tidying your garden and touching up the paint on your front door could make a huge difference.
A few things can completely change your house quicker with a coat of paint. If the interior or exterior walls of your property are looking a little dull, one or two coats of paint will bring them back to life in a few minutes which will in turn improve the first impression your house makes. A full repaint of the exterior is going to be more expensive. But usually, this is an investment that is good for the sale, as prospective buyers will use an exterior as a factor to buy.
Property buyers aren’t just looking for a house- they are buying a lifestyle. That’s why installing even a simple outdoor entertainment area in your house can make a huge difference. A new deck, an outdoor kitchen, or even a paved seating area are great ideas. These areas create interest, particularly if well decorated in character with the house.
If your house has many small separate rooms, it could be good to change the floor plan to make it more open. This is true if you have a separate kitchen and lounge space, as modern buyers prefer these to be combined to enable an open plan of living. While this type of renovation is usually costly, in some cases it can vastly improve the property and its value.
The kitchen and bathrooms are the rooms that tend to make or break the value of a house, as they are spaces where both the family and guests spend a lot of time in. So, if they are looking dull it could be worth updating them. This is true if you are living in an expensive area where expectations are high and property is expensive. But as bathrooms and kitchen renovations are very costly, make sure you have a strict budget and stick to it.