The New Year is here and as you create your lists of goals and to-do’s for 2019, you might be considering ways to increase your home’s value. Even if you aren’t thinking of moving immediately, there are many simple ways to invest in your home that can pay off when you decide to put it on the market.
Up Your Curb Appeal. Since the exterior of your home is the first thing potential buyers see, it’s important to make a good first impression. New siding or a fresh coat of paint may be to your advantage. You’ll also want to think about lighting, landscaping, and outdoor storage – you might be able to improve what you already have, or enlist the help of a few professionals to create a beautiful exterior look.
Take Care of Maintenance. Make sure all main systems are in top condition, including heating and electrical. Consider replacing the water heater, roof, or main appliances. Buyers don’t want to worry about any underlying issues and being able to demonstrate how you have kept up your home could help sway their decision in making an offer.
Focus on the Kitchen. Many consider the kitchen to be the true heart of the home and it tends to be a make-it-or-break-it factor in a home-buying decision. The trick is to make thoughtful updates without pricing yourself out of the market. Do your research to find out what buyers are looking for, and also consider styles that will last more than a year or two. Updates as simple as painting the cupboards and adding a new tile backsplash make a surprising difference.
Smarter Living Spaces. Since there is no way to know exactly how buyers would prefer to utilize your floor plan, help them envision themselves in your home by creating flexible living spaces. For example, a finished room above the garage adds appeal as guest quarters, an office, or playroom.
Beautify the Bathrooms. Outdated bathrooms can be a huge turnoff to buyers not wanting to deal with a renovation project in their newly purchased home. Upgrading fixtures, lighting, flooring and countertop materials in your bathrooms can make it not only functional, but inviting.
Outdoor Living. Especially in our wonderful Southern climate, outdoor living space adds appeal to any property. An attractive outdoor oasis with a spacious deck, screened-in porch, stone patio, or outdoor fireplace will have potential buyers dreaming of a peaceful summer or fun family cookouts.
If you are thinking of selling your home, speaking with a William Means agent is a great first step. With their in-depth knowledge of the local market and understanding of what today’s buyers are looking for, they can provide even more insight into increasing the value of your home.
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