It’s now a good time to buy or sell a home. However, overspending many times to boost a home’s value is not a good idea. Some things can be done at a lot cheaper price, but the outcome will be a lot better than expected.
With that in mind, the following are three ways to boost one’s home value for more affordable prices. And even though some of these steps may seem minimal, the value will spruce up greatly:
1. Clean up thoroughly.
From a few bucks to a few thousands dollars depending on the amount of clutter, weird smells, and grime, cleaning thoroughly from top to bottom, inside and outside the home, and in garages and other areas outside the home go a long way. And the potential return from doing this step is three to five percent.
When cleaning thoroughly, one must depersonalize the space so that potential buyers can visualize how they can use that space. Even the opening of the curtains and blinds to let sun in will give them a better feel, and it would make the space appear bigger. For spaces that are severely cluttered, a professional organizer can help, and there are places like the Salvation Army who are willing to pick up belongings that are in good condition but is no longer needed. And with the harsh winds causing dirt marks and debris on homes in the Midwest, it’s important to do some power washing on the exterior of the home. One would be amazed of the significant difference after the thorough power washing.
2. Paint the rooms selectively.
Painting the walls a neutral color is always a good idea because potential buyers can visualize how they would use the space. Also, neutral colors go with any type of furniture they may want in that space. With this said, depersonalization is key here. Having purple walls may be great for the current residents, but it may be a turnoff to potential buyers who may automatically be withdrawn from buying the house because of that. Also, painting the walls are important because it makes the place appear bigger, cleaner, and fresher.
3. Fixing minor fixtures.
Whether it’s caulking the tub, fixing light fixtures, getting the burnt mark off the counter-top, or replacing some shingles that are more affordable and with a warranty, these steps would definitely make a great difference. It only costs a mere $100 to a few thousand dollars, depending on what all needs to be done. However, the potential return would amount from two to seven percent, depending on the work done.