Increase Your Home's Value So You Can Sell It For More

Increase Your Home's Value So You Can Sell It For More

If you're interested in selling your home, it's important to try to improve it so that you don't have to reduce its price, as 22 percent of homeowners have had to do at least once. It's valuable to know what potential buyers are looking for and how you can increase your home's value so that you get the most money from selling it. Did you know that most homebuyers want a laundry room? According to the National Association of Home Builders, this is important for 92 percent of people who consider it to be the most desired feature of a new home. Here are other important things you should do to boost your home's selling power.

Improve Its Curb Appeal

When you walk across the road from your house and look at it, does it seem inviting? Or does it look messy, with an untidy lawn or a broken fence? According to the National Association of Realtors, 63 percent of people who are looking to buy a new home will drive past a home theyve viewed online. They're going to see the exterior of the house, such as the yard, gate or wall, driveway, sidewalk, and lawn. These things count so make sure you take time to fix them if they have issues. This isn't always something that you can do alone. If the roads are littered or the pavements look bad, consult with your neighbors. Perhaps you could all work together to improving the look of your road.

Have A Home Staging

During a home staging, your house should look like no one lives in it. This gives buyers an opportunity to imagine themselves in your home, along with all their beloved possessions, so it's an important tip for selling your home. While you're clearing away furniture and personal possessions, you should focus on having good lighting that creates atmosphere and repainting walls. Painting is the most effective thing you can do to improve your home to make it look fresh, clean, and well-maintained. Interestingly, a study by real estate site Zillow.com of more than 32,000 images of sold homes, found that light blue shades in the bathroom and elsewhere in the home have boosted home values by $5,440! Blue is obviously a color that appeals to most people, so it can't hurt to add more of it to your home.

Avoid Upgrading Too Much

You might want to spend money on renovating your home before selling it, but this can backfire. You'll be surprised by how much you can make your home look more inviting and well-maintained just by making small changes. This includes cleaning rooms, changing the curtains, replacing bathroom fixtures and door handles, adding more storage in the form of cabinets, as well as cleaning tile floors and grout. These changes go a long way to appealing to home buyers. When your home looks clean and looked after, it gives potential buyers the idea that they won't have to do much to it.

Selling your home can be stressful because you want to sell it for a good price so that you receive a good financial boost from it. Its important to make your home as sellable as possible to achieve this goal. By following the above advice, you will ensure that your home is more appealing to home buyers who will be willing to pay its asking price.

This article was written by and presents the views of our contributor Chrissy Carter, not the WiserAdvisor editorial staff. To introduce yourself to one of our advisor subscribers, please click here.