10 Ways to Add Value to Your Property
In today’s market, these are the biggest features that homebuyers look for and will go a long way in adding value to your home. Of course, you don’t have to include everything on the list but even a few will greatly increase the value and desirability of your home, which will help it sell faster and at top dollar.
In today’s market, these are the biggest features that homebuyers look for and will go a long way in adding value to your home. Of course, you don’t have to include everything on the list but even a few will greatly increase the value and desirability of your home, which will help it sell faster and at top dollar.
Interior/Exterior Paint
This is an easy and low cost upgrade. A simple fresh coat will help your property stand out to potential buyers.
Update Kitchen
As kitchens are the heart of any home, it’s one of the major factors that will add the most value to your property and it makes the property more functional and livable. While it may seem intimidating to do a full remodel, gradually updating it will help give you the most bang for your buck. Remodeling Magazine’s annual Cost vs. Value Report states that you can expect to recoup up to 62.7-81.6% of your investment on a kitchen remodel.
Update Bathrooms
Bathrooms are the other major way to add value to your home. According to the Cost vs. Value Report bathroom remodels will recoup 87.7-93.5% of your investment.
New Appliances
-HVAC, Water heater, fridge, stove, washer, dryer, dishwasher
Improve Curb Appeal/Landscaping
First impressions are everything. Even painting your front door, the exterior and house numbers will make your property visually more attractive. You can also add plants, shrubs, flowers, or mulch to make your property look more inviting. This has a huge effect on buyers psychologically.
New Roof
The average life expectancy of a roof is 10 years. We recommend replacing your roof accordingly as it’s one of the top things inspectors and insurance companies look for. On average, you’ll get roughly 57% of your upfront cost back when selling.
New Flooring
Hardwood floors are one of the most attractive flooring and with so many types available today, it can be a cost effective way to add tons of value to your property. Homeowners can expect about a 147% return on their initial investment once selling.
Garage Doors
Not only will a new garage door replacement add value to your property, but it will also help sell your home faster as it takes up a large portion of your exterior and adds extra security. A garage door replacement has an ROI of about 96.8%.
Windows
If you don’t already have dual pane windows, consider this upgrade as it can not only reduce outside noise, but also save energy and help with insulation.Misc:
Electrical Panel, Pex Water Lines, Insulation, Light fixtures, outlets
Before listing your property, also be sure to declutter and clean it out. Doing so will make your property more attractive to potential buyers to ensure that you get the best offer.