Who does not want the maximum amount of moneypossible when selling an extremely important asset? Selling a home is a huge undertaking, as you need to make sure that you are making a profit while not setting your price too high for potential buyers. Here are a few tips from expert realtor Sol Kahane on how to increase the resale value of your Thornhill real estate property.
Increase Your Curb Appeal
When dealing with homes, the saying “don’t judge a book by its cover,” does not usually apply. Most potential buyersdrive by before doing a house tour to decide whether it is worth looking inside. So maintaining and boosting your curb appeal can be beneficial in marketing your hometo prospective investors. Here are a few ways to increase the curb appeal of your home:
- Repaint the porch
- Improve your garden by planting flowers, and take care of them
- Make sure your house number is easily visible and legible
- Make sure your lawn is properly mowed
- Repaint the fences if necessary
- Clean the windows, especially the ones at the front
- Power wash the driveway and sidewalks
- Paint the front door if necessary
Paint the walls of your house so that they look clean and appealing; this is always a bonus for those interested in buying. Neutral colors are the best. Research has shown they are the most aesthetically pleasing to general audiences. Painting walls is not as costly as most of the other improvement options. A simple coat of paint can add value to the home and make it look pleasing.
Kitchen and Bathroom Upgrades
It may sound like a hefty investment to upgrade or remodel your bathrooms and kitchen, but it is guaranteed that the most desirable homes have already done so. It is estimated that upgrading the kitchen and bathrooms will allow for a profit margin of 80 to 85%. Even minor upgrades such as changing the lights and fawcets can really make your home’s resale value increase.
Improving Your Home’s Energy Efficiency
A big way to increase your home’s resale value while being energy efficient is to ditch the air conditioners and opt for a whole-house fan. If you have enough budget you can also switch to a more environmentally friendly flooring option, such as bamboo. Bamboo flooring is renewable, easy to clean, classy and will be really appreciated by environmentally cautious buyers.
Add on Storage Units
All homebuyers love the prospect of ample space to store their belongings. That’s why either building closet spaces or adding custom shelves to your garage or closets can increase your home’s value. To further accentuate the added storage units sort your belongings and place them in an organized manner in the shelves. A neat house is a bonus too!
Get Rid Of Outdated Popcorn Ceilings
Smoothing out your popcorn ceilings will make your home look more modern and aesthetically pleasing. Ceilings are surprising important tohomebuyers. All home owners should be acutely aware of their ceiling, how clean it is, and how it looks to prospects.
Install Solar Panels
An easy way to have a more environmentally friendly home is by installing solar panels. They may be pricey initially, but in the long runpotential home buyers who want a green home will be willing to pay the price. Plus, you will be cutting down on energy costs as well. You can ask your realtor to play up as an important bonus to prospective home buyers.
I hope these tips on how to increase your home’s resale value help you in selling your housefor the best possible price in the future. At the end of the day, if your home looks and feels good and homey, you are guaranteed to attract more buyers to your home. And they will be willing to pay the price you want.