Are you considering selling your home? The real estate market fluctuates, so it can be difficult to predict how much a buyer will pay for your home. But regardless of the state of the real estate market, there are a few ways you can increase the value of your home before listing it for sale. Don’t worry—you won’t have to call in construction crews, tear down walls, and spend thousands of dollars in order to get the job done. These upgrades are so easy that they can be completed in one week:
Paint the walls
There’s no better way to give your home a facelift than applying a fresh coat of paint to the walls. Fresh paint will make your home look cleaner and more updated, which means buyers will be willing to pay more for it.
You can also tackle this project without the help of a professional, so it’s one of the most cost efficient ways to upgrade your home. What colors should you choose? Remember, if you’re getting ready to sell your home, you shouldn’t let your personal taste guide this decision. Instead, stick to neutral colors that will appeal to the largest number of buyers.
Install a programmable thermostat
It’s no secret that buyers are on the lookout for homes with green features and are willing to pay more for energy efficient homes. With this in mind, why not install a programmable thermostat to make your home more energy efficient and therefore more attractive to buyers?
Homeowners can preset a programmable thermostat to ensure the heating and cooling system does not run excessively during the hours that no one is home. For example, if everyone is out of the house between the hours of 8 a.m. and 5 p.m. every weekday, you could adjust your programmable thermostat to shut down the heating and cooling system during these hours. Installing one of these devices can be done in under an hour, and it’s a move that pays off—it’s estimated that you can save about 10% on your heating and cooling bills.
Add attic insulation
Does the temperature in your home change from room to room? Do you feel a draft in some areas of your home? It’s possible you don’t have enough insulation.
Before you sell your home, consider adding insulation in your attic. The average price of this project is around $1,250, but it’s estimated that adding insulation can increase your home’s value by nearly $1,500. This means you will be able to pocket around $250 just by making this upgrade prior to selling your home.
Pay attention to landscaping
Homeowners who are thinking of selling their home are often so wrapped up in improving the interior that they completely forget about upgrades to the exterior. To increase the value of your home—and attract more buyers—it’s important to pay attention to the landscaping.
According to a survey of over 2,000 brokers, spending between $400-500 in landscaping upgrades can increase your home’s value by between $1600-2000. Consider adding brightly colored potted plants near your front door, trimming the bushes to make your yard appear more orderly, or planting a small flower garden near the mailbox to welcome potential buyers as they pull up to your home.
Easy kitchen and bathroom upgrades
Kitchen and bathroom renovations can significantly increase the value of your home, but many of them are expensive and time-consuming. However, there are a few ways you can upgrade your bathroom and kitchen in less than a week without breaking the bank. For example, head to your local hardware store and pick out new decorative cabinet pulls that you can use on your bathroom and kitchen cabinets.
This is a great way to make these rooms appear more modern without spending a lot of time or money on the upgrade. You should also consider replacing the faucets and showerhead with low flow models. These fixtures cost around $30 each, but they help homeowners achieve a water savings of between 25-60%. This is an inexpensive way to attract green buyers who are willing to pay more for homes with these energy efficient upgrades.
Get rid of popcorn ceilings
Popcorn ceilings are a major turn off for buyers because they make your home appear outdated, so if you have popcorn ceilings, it may be wise to get rid of them before listing your home. How is it done?
Head to the hardware store to buy a solution that is designed to soften the texture of popcorn ceilings. Then, lay down an old sheet or blanket on the floor so you don’t make a mess. Apply the solution to the ceiling, and then begin scraping away the popcorn texture. You may never pay attention to the fact that you have popcorn ceilings, but buyers will, so keeping these textured ceilings could lower the price of your home.
Let there be light
What kind of lighting fixtures do you currently have in your home? If it’s obvious that your light fixtures were purchased decades ago, spend a few hundred dollars upgrading them to more sleek and sophisticated styles. You should also switch all of your bulbs to LED bulbs so you can appeal to green buyers.
Although LED bulbs are more expensive than traditional bulbs, they last up to 25 times longer and use up to 75% less energy. While you’re at it, why not install dimmer switches as well? Dimmer switches can help homeowners control the amount of energy being used in a room, so this is one more example of an energy efficient feature that can be installed to increase the value of your home. Before buying a dimmer switch, carefully read the packaging to ensure it is compatible with your wiring and bulbs.
Remember, these are just the upgrades that can be completed in one week. There are plenty of other opportunities to increase the value of your home if you are willing to spend more time and money on the project. Set your timeframe and budget before beginning to plan what upgrades you want to make so you can stay on schedule and successfully increase the value of your home!