10 Ways to Boost the Resale Value of Your Home
It doesn’t make much sense throwing money into a big remodeling project that won’t end up boosting the value of your home in the end. Learn what buyers want, then start early and small. These home improvement projects will make smart use of your resources and time.
1. Ask a Pro
It might be worth your while to hire a pro to look over your home and give their advice. A couple short hours spent with a home inspector, real estate agent or an interior designer can give you valuable insight into what potential buyers will see when looking at your home. This small investment can save you money in the long run!
2. Landscaping — Invest Early
A big selling point for potential buyers is a beautiful, landscaped yard with full, mature shade trees. Unfortunately, trees and foliage don’t grow and mature overnight. You’ll need several years growth to make the most of your investment, so make planting a priority early on. It’s also a good idea to get expert advice on the proper care and placement of your trees and yard.
3. Power Wash Siding & Paths
Simple and low cost, giving the paved areas and exterior of your home a power wash can be almost as dramatic as repainting. If you don’t have a power washer, try renting one from your local hardware store.
4. Keep Your Lawns Green
Nothing is a bigger turnoff to potential buyers than sad, neglected lawns. To obtain a vibrant and healthy lawn, the best and least expensive route is to maintain one from the very beginning with regular care. If you don’t have the time to start from seed, laying new sod can be worth the dramatic improvement in curb appeal.
5. Upgrade Exterior Doors
The way your house looks from the outside will help attract potential buyers, and ultimately sell your home — it’s as simple as that. And let’s face it, the way your home looks depends a lot on the condition of the front door and garage door, if it’s visible from the street.
6. Remove Obvious Eyesores
Stained carpets, tacky light fixtures, popcorn ceilings and outdated wallpaper are all prime examples of obvious eyesores. Their replacements don’t necessarily have to be high end, just clean, simple and contemporary.
7. Minor Kitchen Renovations — the Biggest Return
A fairly current kitchen probably should be left alone since remodeling a kitchen can be pricey and you may only recoup about 65 percent of your investment. But smaller updates, like painting, refinishing cabinets, or upgrading to Energy Star appliances, can freshen up the look of your kitchen at just a fraction of the cost.
8. French Doors
For those looking to add a special feature to your home, consider replacing a door or block of windows with French doors. They let in more light, open up a space so that it feels larger, and make for a romantic-sounding addition to your home’s sale ad: “French doors leading onto a covered patio…”
9. Current Paint Colors
To show off your home to its best advantage, give it a fresh, crisp paint job in modern neutrals like gray and putty. While you don’t have to avoid all color, remember that the bolder the color choice, the more likely it won’t agree with someone. The same goes for the exterior — an overly bright or badly chipped exterior will need refreshing too.
10. Build in Extra Storage
Anywhere you have the space, like hallways or the garage, consider adding built-in shelving or cabinets. Buyers love seeing storage options, so this can add a lot of appeal and makes for a great investment. If you are able to take on some of the work yourself and keep costs reasonable? Even better!