Inside Out: How To Increase Your Home’s Resale Value

sell a house

So, you’ve decided 2021 will be the year you finally sell your home and begin the next chapter of your life. Whether you’re moving somewhere smaller, somewhere bigger, or somewhere else entirely: selling your old home and beginning anew is an exciting time. 

Before you start packing, you first have to find out what your current home is worth and how much you want to get out of any sale. And that includes any improvements you can make to increase the value of the home, without breaking your bank. 

If you’re not sure where to start, here are some of the most popular upgrades people are making today:

Add scale without adding size 

You don’t have to knock down walls to make rooms feel bigger. One of the best ways to increase the resale value of your home is to make it feel bigger than it actually is, and it doesn’t have to be done at any great expense, either. One of the best ways to do this is with a simple coat of white paint on the ceiling. This will brighten up the space and make it seem big. If you do want to spend a bit of money, you could add a couple of large windows to the living room, as an example. Or, add long swathes of horizontal wood, or faux-wood flooring, lengthening the room without lengthening it, as it were. 

Don’t modernize everything 

Many people have fallen into something of a trap in the modern era that everything has to be brand new or else it isn’t worth anything. The housing market is just one of the markets where this is far from the truth. Just because your home might be older, doesn’t mean that the things that give it character aren’t valid and can’t be kept. The old wooden sturdy staircase, or the original archways from when the home was first built? Those can be refinished and they’ll have just as much value (if not more) as they would if they were brand new. Don’t modernize the entire interior; make sure you keep what makes your home unique. 

Refresh your kitchen 

One of the areas where the new owners will spend plenty of their time in the kitchen. If your kitchen is looking a little outdated, it should be one of the first rooms you spruce up. If a complete kitchen remodel is not financially feasible, then look for simple ways to revamp. A splash of paint on the cabinets, a new backsplash for the oven, perhaps a new light fixture? Kitchen remodeling doesn’t have to be a big, expensive job. A little goes a long way. 

New windows, new outlook 

One really good investment you can make in your home is new windows. Replace the old, decrepit, leaky windows with a brand new double-pane. Perhaps the lounge could use some more light? Consider a bay window. Maybe one of the bedrooms doesn’t have any windows at all? Consider putting one in – the more natural light you can introduce into a space, the better you’ll feel. 

Invest in energy efficiency 

It’s no secret that the world is actively attempting to ‘go green’. There’s no reason why you can’t follow suit at home. Again, this doesn’t necessarily have to be a big investment on your part, even something simple like recycling can go a long way. 

Energy-efficient light bulbs are another investment to make. However, if you do want to spend the money, you might consider better, more energy-efficient appliances that’ll save the new owners money on electricity. The Realtors at NV Home Pro state that on-demand water heaters and solar panels are another huge drawcards for prospective buyers. The alternative source of power will not only save the new owners money, it will also help to save the environment.

Selling a home is all about making it as inviting as possible for a prospective buyer. In general, the less the prospective buyer has to do or think about, the better. You can make a home so much more attractive for a buyer without putting in too much effort. And, if you do decide to spend a bit of money in the process, make those decisions wisely and ensure you can recoup on investment come sale time.