Selling Your Home in 2016? Boost Your Resale Value with These Three Inexpensive Renovations
Kirk Jaffe
Strategic Business Advisor Specializing in Housing, Finance, Product Sales To Venture Capital, Government and Family Office, Founder KJE Inc, Tall Pinze Advisory, ModuFi.net
Looking to sell your home this year? If you are, you're looking to get the best possible price. In order to get that top dollar price you're looking for, renovations may be needed. Not all renovations add value to your home, so you must be careful. Here are our suggestions for renovations that have been proven to boost the bottom line.
- Ensuring potential buyers have the best first impression
How do you give potential buyers the best first impression? Start with the yard and landscaping. If you have a concrete driveway, power wash it. Have the lawn mowed, edged, and clean up the clippings. Have a flowerbed? Clean it out and plant some colorful flowers.
If the front door needs a fresh coat of paint, do the job yourself. That will keep the costs down, and greatly improve the look of your home.
- Freshen the interior
Now that you have finished with the outside, you can work on the interior. Each and every room will need a fresh coat of paint, and have it done in a neutral color. Old wallpaper should be stripped and repainted. Remove clutter to make each room look larger. Consider renting a storage space and placing extra furniture there to free up more space.
Have any carpet in the home cleaned by a professional. Got hardwood flooring? Polish it up so it looks great. Your kitchen as well as all bathrooms need to be sparkling.
- Make some upgrades
Upgrades do not always mean lots of cash. Here are some that can be well within your budget. You can add an elegant touch to a family room or a living area with box beams on the ceiling. It adds value to your home. Buy some new lighting fixtures and doorknobs and you can give your home a new look for just a few dollars. Changing the hardware on cabinet doors is also another low cost way to give your home a new look.
You don't have to spend a lot of cash to make your home look presentable to prospective buyers. You just have to spend it in the right place and do a bit of work yourself, or get some help from some of your friends.