When selling a house, most owners want to hike up the price as much as possible. Luckily, there are steps you can take to increase property value, and some of them are fairly inexpensive.
Make It More Energy-Efficient
It’s hard to say no to a house that promises reduced energy bills. Making your home more energy-efficient is a simple way to boost property value by a substantial amount.
You can do so by replacing old windows and doors with energy-efficient ones, or adding insulation in strategic spaces, such as your garage.
Paint the Exteriors
According to a report published in HomeGain 2012, painting the exterior of your house gives homeowners a 107% return on investment. It can increase your property value by $6,000 and is one of the most profitable upgrades you can make to your house.
Painting the exterior of the house can take a few years off the building. This will instantly brighten up the house from the outside and attract potential buyers.
Create an Additional Space
Have a basement or attic? If you’ve spruced them up recently, you could ask for a higher price. With multigenerational living on the rise in the USA, more people than ever are looking to maximize space in their homes.
By creating additional space, you’re offering more value to potential buyers, and therefore, can increase your asking price.
It doesn’t take much to beautify the exterior of your property. Ask a landscaping company to come in and see what they can do to enhance your outdoor space.
Installing a few flowerbeds, mowing the lawn, and adding a stone pavement can hike up the property value majorly.
Get A Home Inspection
Realtors advise homebuyers to get properties inspected thoroughly before making an offer. A home inspection will reveal any issues in the house that can prove to be costly in the long run.
If you’re thinking of selling a house, inspect it prior to setting an asking price; this way, you can address any problems that could drag down property value.
By making the repairs before selling the property, you can ask for a higher price.
Are you thinking of selling your house?
Let Repair Pricer help you out! We work with real estate agents that represent sellers and buyers. We interpret home inspectors’ reports and help you figure out how a better price can be negotiated.
Used for post-inspection negotiation, The Repair Pricer tool provides reliable estimates for repairs, so you can start taking action right away.