Top Home Improvements to Increase Your Resale Value
If you’re about to put your home on the market among Boston real estate or any other city, you should know that there are certain home improvements that can help make a significant difference in its resale value.
According to a National Home Improvement Survey by HomeGain, one of the easiest and most cost-effective improvements you can make is to paint, and that includes both the exterior and interior of the home. Rooms that are freshly painted make them look more updated, and clean. The key is to select the right colors, with neutrals like warm beiges, tans, golds and greys appealing to most people. Be sure to remove any dated wallpaper as well as to whitewash dark paneling too. Painting the exterior, including shutters, window ledges, and the garage helps to improve curb appeal, one of the most important features of a home. Those who drive by will be far more enticed to want to walk through your door and see what’s inside.
The Front Door
If your front door looks shabby, it can make the entire exterior of your home look worn down, says home improvement guru Bob Vila. Vila says that a new entry door, preferably in steel, will help you recoup 90 percent of your investment if you then sell your home. A solid entry door is the next best choice appearance wise, but he notes a steel door offers the most security and best return on investment.
Another big part of curb appeal – be sure to keep your front yard looking neat and attractive. At a minimum, rake and remove leaves, pull weeds and dead plants, get rid of debris, branches and any items that don’t add to your home’s look. Mow the grass, keep your lawn watered, add some attractive plants and perhaps potted flowers. Improve your backyard’s appearance as much as you can as well.
An Outdoor Living Space
Outdoor living spaces are often on or near the top of the list for luxury homebuyers today. If you can build an outdoor place for cooking, with a barbecue grill, mini-bar and fridge, you may not have to spend a lot but you’re likely to make your home much more attractive to buyers.
Green energy features are highly desirable today as a way to save money and the environment. It adds to your home’s able and increases its value instantly. Switching out outdated high-energy appliances for more efficient ones, change light bulbs to CFLs and perhaps add a programmable thermostat so the heat can be turned down or the cooling setting up when residents are gone during the day.
Clear Up Clutter
A cluttered or dirty home is very hard to sell, even if the place is otherwise outstanding. It’s the biggest factor in selling a home and delivers a 3% to 5% ROI according to Consumer Reports. You may also want to remove personal items like family photos, so that potential buyers can picture their own, making them more likely to place an offer.
Trish the Dish