Top Ways to Increase the Resale Value of Your Home

Posted by Casey Losh on Tuesday, August 22nd, 2017 at 4:01pm.

If you are a homeowner, it can be difficult to think of leaving a place that has meant so much to you. But for many of us -- especially those who are a bit younger -- we will sell our current home and purchase a new one some day. Before we sell our home, what are the actions that create the most “bang for our buck”? When prospective buyers feel like they could move in and start cooking in the kitchen and entertaining in the back yard immediately, that feeling will often translate to a sale.

  1. Say Cheese! If your home is in great condition and has desirable amenities, it pays to showcase that fact professionally. Pictures are often the reason that buyers decide to visit your home in the hope of making a purchase and, of course, they could also dissuade buyers. You may want to consider hiring a professional photographer to accomplish this task. If you look at a great photographer’s fee in terms of a percentage of the potential financial reward, it may not be as high as it seems. 
  2. Professional Advice. When we start a large project, such as selling a home, we often don’t know where to start. Additionally, we can’t see our home the way that others see it. If we seek out professional advice from an interior designer and/or realtor, we can prioritize the tasks that will show off our homes in their best light. A professional will be able to objectively evaluate what changes will yield the highest returns. For example, when it comes to two of the most important rooms in the house – the kitchen and the bathroom – it pays to find out which of these needs more attention. 
  3. Curb Appeal. Make no mistake about it, first impressions count. This is true for people and it will be true for your home. Your yard and driveway should be inviting and appealing. Even a freshly painted mailbox could make a difference. A relatively inexpensive addition to the walkway, such as lighting, might enhance the appearance of your home and provide a safety feature at the same time. You might also consider planting some flowers in the front yard to beautify your property. 
  4. Inspection. This is no time for unpleasant surprises! Have your home professionally inspected before you sell it to avoid this situation. If there is a crack in your foundation, you may be able to deal with it before you sell your home and save yourself a lot of trouble. If you discover any electrical problems or termites, for example, it will empower you to deal with these problems before putting your home on the market. 
  5. Stage Your Home. Having a professional stage your home will enable you to take better pictures that your real estate agent will use to attract buyers. This means de-cluttering your home as much as possible to make it look larger. For example, get rid of unnecessary furniture and arrange the remaining furniture in a way that is pleasing to the eye and allows good movement. Use warm, neutral colors rather than stark white which are appealing to a wide spectrum of buyers and tend to make spaces look larger. 
These are some ideas to help you get started on the process of adding value to your home. Professionals in the areas of inspection, staging and photography can help us get the job done with much less stress. They can help you prioritize the process and break it down into logical, smaller steps.

Leave a Comment