Unfortunately, it’s believed that many American homeowners fail to recognize that they can get a much higher tag for their properties during home sales.
If you own a home and plan to sell it soon, don’t let yourself fall into the trap many have unfortunately found themselves in. With the tips enumerated below, you can increase your property’s value and boost the chances of you getting into a successful real estate sale. Read on.
- Partner With Real Estate Professionals
Hiring real estate professionals is among the best ways to sell your home for a profit. For instance, a realtor’s knowledge of home market prices can help you set a fair price for your home. Also, they can help you negotiate better prices with prospective buyers.
You can sell your home to ‘We Buy Houses’ companies as well. Unlike listing your home on the market with the help of a realtor, you can search online using the words ‘we buy houses Knoxville’ to find a company to work with. They usually buy real estate as-is, and costs associated with conventional real estate sales are mostly waived – allowing you to get the most out of your transaction.
- Prepare For Every Showing
Home staging involves decorating, arranging, and cleaning the house to present it best. The process creates an inviting image for your buyers that they can use to envision themselves living in your home and form an emotional connection to your property. Plus, staging makes your living space look and feel more expensive than it is.
With the help of a home staging expert, you can do the following:
- Declutter To Free Up Space: Ensure the furniture you use for staging is the right fit to avoid making the rooms look and feel crowded.
- Painting: Paint your walls with attractive hues and coordinate them with the features in your home.
- Update Interior Decor: Display furniture and decor pieces that are attractive, unique, and updated to draw buyers’ attention.
- Consider Art: Hang attractive portraits and art on your walls. Art will boost your house’s value to attract potential buyers.
Keep in mind the following cardinal rule: a well-staged home sells fast and at a much higher price.
- Improve Your Curb’s Appeal
The curb is the first thing people see during a buyer’s inspection, and its appeal has a considerable influence on the price of the house.
To begin, the layout and architectural design are your clients’ first contact points with your home. Make sure to carry out improvements that significantly highlight the strong points of your home’s design.
Next, it’s recommended that you make repairs that are easy to notice on the exterior. A seemingly well-kept house on the outside makes homebuyers believe that they’re getting value for their home purchase.
Home improvement projects that aim to improve your curb appeal range from repainting your home, tidying your lawn, sealing cracks, repairing broken systems, and updating the outdoor landscaping.
- Upgrade Your Kitchen
It’s believed that most American homebuyers pay a great deal of attention to a property’s kitchen during home viewings and price negotiations before a sale. Because of this, it’s in your best interest to make your kitchen look brand new to ensure a successful sale.
Begin by giving your kitchen walls a fresh coat of paint to make the space look airy and comfortable to be in. Then, proceed to replace dated kitchen appliances to give your kitchen a new look. During staging, display newly acquired kitchen devices, dishware, and many more for the viewing pleasure of visiting homebuyers.
- Make Your Home Energy Efficient
Thanks to the rise of responsible environmental stewardship these past few years, individuals are believed to be more conscious of their impact on nature. Thus, concepts like green home gadgets, lowering carbon emissions, energy efficiency, and others have been in the consciousness of homebuyers across the country for a while now.
How would you make your house seem more valuable in the changing times? Introduce upgrades that make your property more energy efficient. Install new eco-friendly features like underfloor heating that decreases monthly energy bills. Explore other green options such as smart thermostats, energy-rated windows, and so on.
- Revamp Your Bathrooms
Aside from the kitchen, it’s regarded that the bathrooms play a crucial role in a homebuyer’s decision of whether or not to buy a given property.
Real estate professionals believe that a home with newly renovated and spruced-up bathrooms can fetch a much higher price tag and has a higher chance to close on a sale in a much sooner time.
Set aside a budget to make improvements to your bathrooms before an impending sale. Replace old shower heads with new ones, regrout bathroom tiles, and do a deep clean of your bathroom and its fixtures. If your budget permits it, you can do major updates like installing new floor and wall tiles, introducing new bathroom features, and many more.
Conclusion
The strategies highlighted above can help you maximize your home’s value during a real estate sale. Some of them are relatively budget-friendly, yet you may have to dig deep into your pockets for major home improvement projects. Before proceeding with any one of them, calculate the projected returns to determine if a certain project is worth spending on.
