Tips to Increase Your Home’s Value and Attract Potential Buyers
If you’re considering selling your home, you likely want to make it enticing inside and out to help attract potential buyers.
Before you begin remodeling your home, it’s important to know which improvements may be most appealing to house hunters. Here are some things to consider.
Don’t forget to trim your trees, This Old House says. Landscaping improvements may bring a good return on investment, according to This Old House, while overgrown trees and plants may deter potential buyers.
Be sure the lawn is mowed and bushes are trimmed, and consider asking neighbors to do the same, suggests HGTV. Your home may be more appealing to buyers if the whole neighborhood looks well maintained, HGTV says.
If you’re able to invest a bit more in your home, a new roof may add value for buyers, suggests Consumer Reports. A new roof may help better protect the home from potential damage from ice, water and rodents, the site says.
Before opening your home for a showing, make sure it’s clean, says HGTV. In addition to basic cleaning, decluttering your home can help it look more attractive and welcoming, HGTV says.
You may also want to invest in any necessary repairs and maintenance, suggests This Old House. For instance, fixing leaking pipes or having your furnace tuned up may help add value to your home, according to This Old House.
A fresh coat of paint may also help make your home look more attractive to buyers, says Consumer Reports, which suggests repainting high-traffic areas in your home in a neutral shade. In addition, it’s a good idea to repair or replace damaged areas that are easily visible, such as a scratched door, according to Consumer Reports.
Kitchens and Appliances
Buyers may be drawn to a home with an attractive kitchen, says Forbes. You may not have to gut your kitchen to improve its appearance. Simply giving your cabinets a new coat of paint may help give them a more modern look, Forbes suggests. Even replacing knobs and drawer handles may help give your kitchen an updated look, says HGTV.
If you decide to replace appliances or cabinetry, opt for traditional models that will appeal to the average person, rather than versions that are specific to your taste, adds HGTV. And, if you opt for a bigger kitchen overhaul, it’s important to keep renovation expenses relative to your home’s value. HGTV suggests spending no more than 10 percent of your home’s value on a kitchen upgrade to get a fair return on your investment.
You don’t necessarily have to spend a fortune on improvements to catch the eyes of potential buyers. Making sure your home is well maintained may go a long way toward selling it, so you can move on to enjoying life in your next place.
Originally published on June 25, 2014.