News

4 Tips for Improving Your Home’s Resale Value

Maybe you’re not planning to get out of the property anytime soon, which means the rate of your home’s resale value is probably not high on your priority list. This is understandable. However, when you do plan to sell, or even if you just want to take better care of your home so that it stays in excellent condition for as long as possible.

Keeping your floors, walls and appliances in a good a shape is a perfect place to start at.

Did you find a leak? Maybe your appliances need repairs? Or maybe your wall requires a new coat of paint? Don’t neglect those things, so when you’ll be ready to sell your house you could maintain and improve your home’s resale value and price.

here are some tips which can help you improve the resale value of your house.

1. Refinish your hardwood floors

Hardwood floors are a prized asset when it comes time to sell a home. At the same time, hardwood floors can be expensive to install and difficult to maintain, especially in high-traffic areas. If you’ve got an older home with scratched and worn hardwood floors, refinishing them is an easy way to increase your home’s resale value.

The steps for refinishing your hardwood floors may look daunting at first, but with some hard work and plenty of patience, you’ll be able to refinish your hardwood floors for only a few hundred dollars in materials.

2. Refresh your countertops

The kitchen is the heart of the home and one of the most important spaces when it comes to resale value. According to a recent remodeling impact report from the National Association of Realtors, a minor kitchen remodel can recoup 80% of its costs when the home sells. One quick way to spruce up your kitchen is to refresh your countertops.

Before you decide on a material, think about how much time you’re willing to spend maintaining your new surface. If you have kids, pets and frequently host dinner parties, you’ll need a durable countertop that can withstand heavy use. Then, consider your budget and style preferences.

If you want to sell your home quickly, it is vital that people who tour the property see it as an appealing place to live. By replacing old laminate countertops with granite or another stone product, you can add life and personality to one of the most important rooms in your home.

The same goes for bathroom countertops. Many people set aside money from their tax returns each year in order to make improvements around the house. A good use of this money would be to replace chipped laminate or outdated Formica in a bathroom with a new and attractive material such as granite or marble.

3. Spend more time on your front yard

Why should you spend more time on your front yard? Because the right landscaping can add up to 28% to overall home value, according to a study by Virginia Tech. And that’s not all: a well-manicured lawn can also increase your home’s resale value by 5-11%.

There are a few things you should pay particular attention to when it comes to landscaping your front yard:

Your Lawn. The first step is making sure your lawn is in tip-top shape. In addition to mowing and watering it regularly, you’ll want to make sure your soil is healthy and weed-free. Those weeds may look harmless but they can be quite the nuisance for potential buyers.

The Plants. Even if you don’t have a green thumb, you can still create an attractive landscape with the right plants and flowers. If you’re just starting out, we recommend sticking with low maintenance, hearty plants like boxwood shrubs, juniper trees and hostas that will survive even in harsh conditions.

The Walkway. Even if it’s just a few stepping stones leading up to your front door, having a walkway adds charm and character to your home’s exterior. You can keep things simple with brick or flagstone pavers.

4. Replace or fix your appliances

Outdated appliances can be a turn-off to prospective buyers, especially if they aren’t in working order. If you’re not planning to sell, you still want functional appliances. Consider installing energy-efficient appliances to save on your monthly bills and reduce environmental impact.

If your appliances are still in good shape and only need a tune up or a fix, you should probably get a Winnipeg washing machine repair service instead of getting a new one.

Update your bathroom amenities. A dated bathroom can be less appealing than one with updated fixtures and accessories. When making updates, keep in mind that a simple remodel doesn’t have to mean a big expense. Adding some decorative touches like new lights, mirrors or repainting can do wonders for enhancing the look of the room without breaking the bank.

Related Articles

Leave a Reply

Check Also
Close
Back to top button