The Resourceful Seller: How to Increase Home Value

Real Estate

The Resourceful Seller: Ways to Increase Your Home’s Value

When it’s time to sell your home, the last thing you want to do is stay there any longer than you must. Keep reading for ways to boost the value of your property and make it the one your buyers remember.

Paint

We’ll go ahead and get the most obvious update out of the way. Painting your home, both inside and out, is the quickest way to cover up blemishes and make the home appeal to a broader market. Stick with neutral colors throughout and don’t forget to touch up the trim, ceiling and cabinets.

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Master the art of curb appeal

Redfin lists curb appeal as the top home makeover that matters. Consider adding a few seasonal flowers and a fresh layer of mulch in the flower bed. Make your front porch stand out by cleaning away the cobwebs and adding a pop of color -- a turquoise, red, or yellow front door will catch the eye from the street.

Replace doors and windows

If you live in an older home, it may be time to check the functionality of your doors and windows. These points of egress are important for a number of reasons. For starters, modern windows and a well-insulated exterior door are desirable to potential buyers. But perhaps more importantly, if your windows won’t open because they’ve been painted over so many times, the home becomes inescapable in case of fire or other emergency. 

Prioritize the kitchen, bed, and bathroom 

Three spaces all homebuyers need are somewhere to cook and eat, a place to sleep, and a place to handle more private matters. Pay attention to the kitchen, bedroom, and bathroom and make sure these areas are clean, comfortable and functional. The Home Buying Institute emphasizes the importance of uncluttering these rooms. The more counter space and floor you can free up, the better.

 

(Need more tips? See 5 Minute Home Makeover in 4 Easy Steps.)

 

Swap out your old thermostat 

Even if your HVAC unit has recently been replaced, you may have elected to keep your old dial-based thermostat simply out of habit. However, not only does this date the property, but it’s also energy-inefficient. It’s simple and easy – not to mention cheap – to replace your old thermostat with an electric model. This guide can show you how to do it in less than an hour.

Hide minor imperfections

Painting is a wonderful way to update a room, but if your walls have minor imperfections such as seam lines from painted-over wallpaper, you might not know what to do next. Removing wallpaper can quickly turn into a mess, but luckily there are several ways to paint over wallpaper that don’t require a ton of work. Hunker suggests priming the wall with an oil-based primer before using drywall joint compound to paint over the seams and sand it smooth. Once the wall is nice and smooth, you’re ready to paint.

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If you have to deal with the wallpaper itself, scraping can be time-consuming. But modern wallpaper often peels off easily, leaving nothing but the backing. If your wallpaper is of the type that peels, you should peel off the outer layer before priming. Then use a drywall screen to smooth the surface before priming with a polyvinyl acetate primer (PVA) to bond that papery surface to the wall behind it.

Enhance storage space

Storage is one thing no house seems to have enough of. Increase the storage footprint of your closets by adding extra shelves or installing a dedicated closet organization system. Your local a Lowe’s or Home Depot will have plenty of options to fit your space and budget. Even something as simple as a hanging sweater rack, which should cost no more than $35, will make your closets look more spacious.

 

(Need more tips? See 5 Steps to Defeating Winter Blues By Decluttering.)

 

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Talk to your realtor

Nobody knows your market like your listing agent. Ask about specific features that are in demand in your price range. Your agent can give you insight on the most impactful projects and help you avoid spending time and money on your old house that you could put toward your new home.

The real estate market remains competitive throughout much of the country. Make sure you stay ahead of the competition by taking care of minor issues and making your home move-in ready.

 

Many thanks to guest blogger Seth Murphy for this handy list of tips! To contact him for ideas, check out his DIY blog here.

 

For more info on staging, decluttering, and getting your home ready to sell, check out What's Wrong With This Picture? 

If you'd like a personalized to-do list, give me a call at 612-840-3322 and set up a free consultation.

 

 

  

Posted by L. Lathrop for Jim Burns