You can increase the value of your home whether you may be thinking about selling your home, or just would like to knock out a few DIY projects. Here are the top five things that you can do to increase the value of your home. It is a great time to be selling a home with prices stabilizing and increasing in the Valley. It’s also an even better time for buying a home with near record lows for FHA, VA and conventional loans. 5.3 million homes are projected to change hands during 2015 says the National Association of Realtors.
Our home sellers in Goodyear, Litchfield Park, Avondale, Buckeye, Surprise, Peoria, Glendale and Phoenix are always asking us how they can make the most amount of money with their real estate. As your Realtor, I would recommend the following if you are looking to increase the value of your home at relatively low costs. Keep in mind April, May, June, and July are the prime selling months so if you may be interested in selling your home please contact Ewen Real Estate today to assist you and help get you the most amount of money for your home sale. Here is the latest Real Estate Market Report for more information on home values. So without further adieu, here is the list of things you can do to increase the value of your home.
Increase the Value of Your Home
Spring Cleaning: You would not believe how much this means to potential buyers. How your home looks inside and out is a major factor on when and if your home sells. Before you think about listing your home you should consider what it looks like when you pull up to your home. Is it amazing and you say WOW, or are the bushes overgrown, weeds everywhere, and oil stains in the driveway? You don’t have to answer, but obviously you would not want to be the later. Moving on to the inside, you want to make sure it is free of clutter and free from any odors and has a clean scent throughout. The reason why this is so important is that when I hold your house open to bring in buyers to get you top dollar for your home, we certainly don’t want them to be scared away at the curb.
The Kitchen is where the rubber meets the road in a home sale. Any Realtor will tell you that a kitchen is what sells the house more than any other area and really is a must to have in decent shape. This does not mean you need to buy all new appliances, but it does mean you should consider a fresh coat of paint, fixing a leaky faucet and cleaning everything thoroughly inside and out to give it a fresh appearance. If there is money left in the budget new curtains, hardware, and a light fixture can do wonders for your kitchens appearance.
The Bathroom is almost as important as the kitchen in the minds of the buyers to appear as clean and well maintained. Fresh caulking around the tub and toilets, a fresh coat of paint, and fixing any leaks will impress your potential buyers. If there is room in the budget, updating the mirror and lighting fixture can really make the bathroom pop and a new toilet can speak volumes!
Freshening up the paint in the rooms that need it. Picture yourself as a buyer touring a home. You walk into a room that’s painted dark blue and there is gouges all over the walls and all you can see is the sheetrock. What is your impression going to be? Exactly, and that will be your potential buyers impression to. So a great idea is to touch up all those areas that need it or even better yet, slap a fresh coat of paint on there but ensure you stick with a neutral color. This is not one of the things you want to get to creative with. Be very careful with your corners and ceilings to ensure that you have crisp lines, leaving blotches of the new paint on the ceiling is not going to help your cause.
And we left the best for last, the outside of your home and the first thing every potential buyer is going to see. You want to make sure your front yard is manicured, weeds removed and screaming green (meaning plants and grass are happy and healthy). Take a good look at it and see if you need to make any stucco repairs or touch up any faded paint. If you’ve been in your home for ten years or more without a paintjob, you may want to look at painting your home but make sure you get approval from your homeowners association if you belong to one first. Also take a good look at your front door and see if that needs painting, this is a must if it needs it.
Thank you for checking out our list to help you maximize the profits on your home. If you may be thinking about selling your home, or buying another home please call Mike Ewen today for your FREE consultation (623) 824-6274! We are standing by to assist you sell your home fast and for the most amount of money.