Are you planning on selling your home this year? Don’t make the mistake of selling your home as-is! Otherwise, you might end up leaving money on the table.
The average down payment for a new home is $59,880. If you want to boost your asking price, however, it helps to have a plan. Otherwise, you might find yourself fending off lowball offers.
Here are seven ways to increase home value before selling in 2022. With these tips, you can get the most from your current property.
Don’t make the mistake of rushing to sell your house. Instead, plan ahead for a more successful selling process and higher cash offer.
Discover how to increase home value with ease! Get started with these seven simple tips today.
Know Your Buyers
Before anything else, it’s important to gather research. Otherwise, you might make assumptions about current buyers exploring the housing market. If you don’t know your buyers, you might not market your home with their interests in mind.
After all, different properties and amenities can attract different buyers.
Think about the buyers your home might attract. For example, some buyers want to find a fixer-upper. These buyers won’t care if certain appliances or other features are outdated.
Other buyers, on the other hand, want to find a move-in-ready home. These buyers don’t want to spend time and money making repairs. This type of buyer is more likely to turn away from a property that’s outdated.
Perhaps you’re focused on attracting families to your property. You might want to consider improving your backyard instead.
Take the time to learn as much as you can about the buyers who are exploring homes in your area. Look at the homes in your neighborhood that recently sold, too. Consider how much they sold for before setting your asking price.
Once you understand your buyers and the current market, you can make more informed choices moving forward.
You can increase home value before selling your home by staging your property with your target audience in mind.
Remember to research your target audience and their needs first. Then, make adjustments to your home. Staging your home will make it easier for people to imagine themselves in each room.
Don’t push your furniture toward the walls. Instead, give the furniture a little breathing space. Use sofas and chairs to make conversational groups in each room, too.
Try to remove as many personal items as you can, especially photos. Otherwise, personal items might make it difficult for buyers to imagine themselves there.
You can also adjust the furniture to avoid traffic issues in each room.
Update the Curb Appeal
One of the best ways to boost your property value before selling your home is to update the curb appeal. After all, potential buyers see the outside of your home before anything else. If the exterior paint, driveway, or landscaping looks unappealing, it could scare buyers away.
They might try to post a lower cash offer, too.
How your home looks from the outside might inspire more people to walk through the door.
Start by investing in a new door or consider giving it a fresh coat of paint. Look for affordable renovations you can make that might have a big impact. For example, you can also pressure wash the front walk and driveway.
Consider trimming the hedges and trees to improve the overlook look of your home, too.
If you have a bigger budget for repairs and renovations, consider replacing old, worn-out vinyl siding.
You can also touch up the landscaping. Make sure you have a well-cut lawn, tidy patio, and lively plants.
Create a Digital History
Before listing your home and beginning the selling process, consider creating a digital home history. Buyers can see your home is already well-maintained and move-in-ready. You can use online services to create an online digital footprint to include your:
- Floor plans
- Warranty documents
- Maintenance records
These documents could give potential buyers peace of mind. You can also show your efforts as potential buyers learn more about your listing.
A few minor upgrades can help increase home value before you sell your house, too.
First, consider upgrading your kitchen. For example, you can upgrade features like your appliances or create an eat-in arrangement. Consider granite countertops and stainless steel fixtures.
Otherwise, consider giving the cabinets a fresh coat of paint.
You can also upgrade the bathroom. Consider replacing hardware, adding new light fixtures, or cabinet refacing.
You can also install new hardware like drawer handles, cabinet pulls, and doorknobs. Even with a small budget, you can make a major impact.
Add Energy-Efficient Features
Try finding new ways to make your home more energy-efficient. For example, you might choose a vinyl window replacement. You can also add solar panels to your home or use landscaping for energy conservation.
Perhaps you prefer to switch to energy-efficient lights or appliances instead.
Consider installing smart home technology throughout your property, too. Smart thermostats and door locks are inexpensive now. They can help boost your asking price before you begin the selling process.
Look into smartphone-controlled lights, security systems, and carbon monoxide detectors. These features can help your property stand out from other listings. You can market your home as a state-of-the-art smart home when selling your home.
Hire a Home Inspector
A poor home inspection report might scare potential buyers away. Before you miss the chance to attract buyers, schedule your own inspection. A pre-listing inspection will help you determine which changes to make.
You can avoid unforeseen snags and take care of the repairs before someone tours your home.
Start Selling: 7 Tips to Help Increase Home Value With Ease
Don’t miss the chance to increase home value before selling your house. Instead, use these seven tips to boost your asking price. With these tips, you could get a higher cash offer.
The changes you make could have a major impact on your ability to attract buyers, too.
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