Indeed, real estate can be the best investment anyone can have. Prices rarely depreciate, especially if it’s about a piece of land. However, these are not usual times. The COVID-19 pandemic is somewhat an unpredictable time. So if you’re planning to sell your house, learning to increase its value will be a useful skill.
Whether you like it or not, the perception has a lot to do with that. Nobody would like to pay a huge sum of money for garbage, right? Right from the onset, experts know that perception is key. You can actually have a fair estimate of your property based on its address in just about two minutes.
So how do you increase the value of your prized property in record time? When you do that, your real estate can be a better magnet of attention. Again, perception is your key here. It can help you land a good deal even if the market is tight. It’s important that buyers perceive that they’re getting the better end of the stick. And that could mean that you don’t get ripped off on your part.
A key factor when selling your home is cleanliness. A clean abode means a well-maintained one. Just talk to your realtor. People are very particular about how clean a place for sale is. Indeed, a dirty property can lower expectations and lower desire in the process.
According to Consumer Reports, when you clean up your property, you can get a 3 to 5% increase in investment returns. This is where your regular maintenance kicks in. If you have been remiss in cleaning, chances are that you will have a hard time preparing your real estate for sale.
Another good thing to do is to showcase how clean the house is. Raise the curtains, and leave the toilet seat open. When the prospective buyer sees these, they will be encouraged to buy. We call this staging.
Enhance Your Property’s Curb Appeal
Another thing you should definitely do is to see how your house looks from the street. Check anomalies. Is the mailbox off? Does the garden need some trimming? When your house shines from the outside, buyers will have a greater impression of your property right from the get-go.
Another way you can enhance the curb appeal of your house is painting. Putting a fresh color can attract more buyers, improving the curb appeal in the process. Start with the interior, especially the rooms. In doing so, you give life to it.
Note that it’s important you choose the right paint. While the usual paint can make your abode shine, some is best suited to make materials last longer.
You can try powder coating. Meant to protect, powder coating will allow your handrails and other metals in the house to last longer than expected. It can also make metals resistant to scratches. So you not only give the metals in your house a great finish, but you also ensure that they’re strong enough to brave the torments of the weather.
Moreover, when painting different parts of the home, do it systematically. This means that you should do one room at a time. Have an arranged plan as to how to repaint the rooms. This way, you wouldn’t miss out on any spot. And at the same time, you execute a more efficient job.
Upgrade the Kitchen
The kitchen is one of the spots you should never neglect. In terms of increasing the value of your house, the kitchen is topping that list. More often than not, your kitchen space can either make or break the deal for you. So a timely makeover should be wise.
Apart from thorough cleaning, you need to ensure that the kitchen is fully functional. You should assess well how much effort you need to get the kitchen a needed boost.
Style and functionality should go hand in hand. The kitchen should be a beauty to behold. If you’re running out of ideas, these DIY methods should do the trick.
Fix the Bathroom
Another key portion of the abode is the bathroom, and you should not neglect it. You can say that this is the second room in the house that has a great impact on its overall value.
If the budget allows it, a new bathroom and toilet fixtures will bid you well. Rusty fixtures are an abomination to a buyer. Change them so that the bathroom doesn’t look old. Take pictures and examine the areas you can improve.
When you put your mind to it, giving your precious abode a facelift isn’t a tall order. It just needs your undivided attention. But don’t worry. Like any work of art, a property that’s stunning will surely not go unnoticed. As a result, its owner will not end up largely unrewarded.