There is quite often a point which every family gets to where they feel like they have outgrown their current home, or fancy a change of location. Since you have had children, you need more space, or even as time goes on and your children are grown up and left, you don’t need as much space and need to think about downsizing. Whatever the reason for wanting to change, we can all agree that our homes can often be our biggest and most financially rewarding asset.
Sure, many of us are going to have a mortgage, but that does not mean that we do not have the leverage to get the best resale price and thus raise our profit. With that in mind, here are some of the top tips to help you improve your home’s selling price.
Make the necessary improvements
Although you may believe it is a false economy to make home improvements when you are planning to sell your house, you are wrong.
There are almost always going to be things on your property that need repair or replacement; fence panels in your garden, a structural component of your house etc but if left undone, those things will reduce the value when someone begins assessing the cost to them.
The fact is, the initial cost of maintaining your home to good order is much smaller than the final sales price, which means that savings will potentially mean more money in the long run.
Minimise your stuff to maximise your space
It is necessary to optimise the space that you have got in your home, so make sure that you spend some time on decluttering and even using storage facilities to put extra furniture away until you move home. A larger home, even if it just an illusion, is always much more desirable to a potential buyer.
Redecorate the key rooms in your house
There are some rooms in your home that add value to the overall property. They are usually the kitchens and the bathrooms. They are seen as costly jobs for a complete remodel to a potential buyer, but actually, investing a little here and doing research to buy materials can add tremendous value to your overall selling price.
Sometimes the most minor of changes can make a big difference. Pinterest is a great place to look for inspiration in the kitchen and bathroom.
Think about your decor
Of course, not everyone is going to have the same taste in home decor, so it is important to cater to the masses when selling your house. The same house could have two different selling prices due to the decor.
One may look neutral and tidy, the other vibrant, and may trigger thoughts of spending on improving the interior. For the sake of expense, it is easier to tone down the decor and cater to a wider audience who can then put their own stamp on the property when they move in.