Improving The Resale Value Of Your Home
For most people, their home is the largest asset they own. Every time you make a mortgage payment you are building up your equity position until, finally, the home is entirely yours. Even if you have no intention of reselling your home in the short term, it is still worth making it more valuable. Perhaps you will need to borrow against the value of your home in retirement, or perhaps you will want to move to a bigger home in the future. Having a more valuable property makes everything much easier.
When you are decorating your home, opt for more neutral colors that are likely to appeal to a broad range of people. That orange paint might look wonderful to you, but it’s also likely that a large number of buyers will be put off. Potential buyers should be able to imagine themselves living in your home and that’s often much easier to do when the canvas is less intrusive.
You should ensure you always have a tidy and well-maintained yard, and that you invest time into growing beautiful plants and trees that will give your home personality. Creating a beautiful garden takes time as you wait for nature to take its course. That’s why it’s a good idea to begin gardening right away. Having a beautiful garden is a major selling point for certain types of buyers, particularly those in retirement or those with young children. If you’ve got out of the way of gardening, the first step is to make sure that all your tools are working. Of course, if you need replacement parts, you should visit Pat’s ATV parts to buy what you need. You wouldn’t replace your car because a part needed to be replaced, and the same applies to your gardening tools and equipment.
Make sure that your bathroom and kitchen are in great condition. While every room is important, people are more likely to be forgiving if your bedrooms need some work. Often even minor work in your kitchen and bathroom can make a big difference.
“The kitchen is still considered the heart of the home. Potential home buyers make a beeline for this room when they first view a home for sale, so make sure your kitchen looks clean and reasonably updated,” writes BankRate. “For a few hundred dollars, you can replace the kitchen faucet set, add new cabinet door handles and update old lighting fixtures with brighter, more energy-efficient ones.”
Your appliances can make a big difference to how people perceive your home. In fact, simply replacing the front of your dishwasher and fridge freezer can make your home seem much more valuable to potential buyers. Keep in mind that, in most cases, you can call appliance manufacturers and order new fronts and doors to make your appliances look new. In some cases, you can even rotate the front around and suddenly you have a new panel. Unscrew the front, flip it around and see if the back is usable.