If you're thinking about selling your home in the future, (whether that means next month or a few years from now) you'll want to make sure you do everything you can to get the best selling price. When it comes to determining your home's value, there are a couple of factors you can't do much about, like your home's location and fluctuations in the market. The good news is, there are plenty of ways you can add to the value of your home in a relatively short amount of time.
Upgrades that Improve Home Value
You might think that upgrading your home to increase property value means you have to undertake a full scale renovation. Thankfully, that's not the case! Seemingly small cosmetic changes can have a big impact when it comes to upping the value of your home. Even if you're not planning to sell your home in the near future, it's good to think about how the investments you make now will eventually get you more money down the road. So, what are the best ways to increase the resale value of a home?
Kick Your Curb Appeal Up A Notch
What's the first thing people will see when they come to an open house or take a look at your listing? The front of your home, of course! How your home looks from the street is known as curb appeal and it plays a huge role in how much potential buyers are willing to pay for a new home. They're eyeing it up and looking for all the things they might need to spend money on once they own it, so making sure it looks picture perfect is very important.
A few quick and easy improvements can make a huge difference. Consider planting a few flowers, fixing up the lawn, giving your fence a fresh coat of paint, painting your front porch, or painting a bold new color on your front door. These ideas are all pretty quick to do, but really give your home an instant makeover.
Give Your Exterior A Whole New Look
If you're willing to invest a little bit more, it's a good idea to paint the whole exterior of your home. It can seem like a big job-one that potential buyers will probably want to avoid doing once they move in. Seeing that it has been freshly painted has big value in the eyes of buyers, who will appreciate knowing they won't have to worry about it for years to come.
When you're ready to paint the exterior, carefully consider the color scheme. Neutrals are usually a safe bet, but brighter colors can sometimes be a better choice. If you're not sure how to choose the right color, follow the advice in this guide. (Hint: the style of the home and the neighboring homes are important to consider.)
Refresh Your Kitchen
Not everyone has the time and money required for a complete kitchen overhaul. But you can definitely give your kitchen an upgrade without totally gutting it. You can start by simply giving it a new coat of paint in a color that works well with the space. A step up from that would be to update the existing cabinets with paint and add a splash of color to your kitchen island. It's a relatively quick and cost-effective way to transform the space that could potentially increase your home's value by three to seven percent.
Beautify Your Bathroom
Bathroom renovations are another big one for home buyers. When they see an outdated bathroom, they'll probably also be seeing costly renovation bills. Again, you don't need to shell out for the fanciest new gadgets like heated towel racks. All it takes is a carefully chosen paint color to bring new life into a tired old bathroom. A neutral color like taupe, soft gray, or white can instantly create a spa-like atmosphere. If you want to go with something more colorful, try a pastel tone rather than something overly bright. Intense colors in the bathroom can throw people off.
In many cases, a quick coat of paint can make all the difference in how your home looks in the eyes of potential buyers. If you're looking to increase your home's value with some instant paint upgrades, contact us for a free estimate.
