Property

While some families may perceive their home renovation projects solely as a means to enhance functionality, these updates can also boost the resale value of a home when it hits the market. While many believe only major undertakings significantly impact the sale price, even niche projects or subtle improvements can be valued by potential buyers. Grand changes undoubtedly leave an impression, but every alteration carries weight. Are there particular projects that excel in augmenting a home’s utility for both current and future owners more than others? For homeowners considering listing their property on the market, prioritizing projects that expand available living space should top the list. This often involves backyard renovations, such as porch extensions or the addition of a gazebo. Alternatively, for families that may already have these backyard projects completed, projects such as finishing a basement are equally as important. While these transformations serve as excellent starting points for enhancing your family’s home, delve into the accompanying resource for insights into the most popular projects for improving resale value.

Property Payoff: Tips To Increase Resale Value provided by Synergy Builders, the first choice for adding a sunroom to your house

Placing your house on the market is not always an easy process. Beyond the extensive bureaucracy involved, there is also the challenge of value. Achieving a great return on investment is generally dictated by the fluctuations of the market and the general factors of a neighbourhood. However, an individual property can still achieve a greater value, even when compared with nearby homes, promising it is able to stand out.

To accomplish this, homeowners must make certain considerations and changes to their home, adjusting it in ways that make it a more enticing purchase for buyers. Today, we’re drawing from the expertise of estate agents to share the best ways to do this and, as a result, get the best value for your property.

Kerb Appeal

When interacting with any experienced property seller, you will repeatedly hear one important phrase: kerb appeal. This alludes to the first impression your home will make and how it is seen from the outside.

A property will stand out with a freshly painted facade, tidy garden, and attractive doors and windows, suggesting value even before a potential buyer steps inside. In addition to making a great first impression, kerb appeal also holds great outward-facing value, which is an attractive quality to many since living in an attractive home is generally something every resident wants.

Modern Features

There are a number of modern assets and features that help a home to stand out. Homeowners would be wise to install electric car charging points, future-proofing the property as electric cars begin to become standardised, as well as to find log cabins for sale, a garden feature that has become increasingly popular for the opportunity it affords homeowners to establish a remote working space within their home.

With a little market research, even smaller trends can be identified, such as boiling water taps, and installed to make a property seem more up-to-date and comfortable.

Clear Aesthetics

Be sure to clean and clear your home. In addition to ensuring that it is immaculate, which any seller should ensure as a standard, it is beneficial to remove as many belongings as possible, especially larger furniture items.

While there can be advantages to showing a living space as it is used, buyers are most likely to favour space and will want to see the capacity of a property, as well as imagine their own input into its design. As such, be sure to, at the very least, remove any personal items, such as family photographs, and then where possible strip down living spaces to demonstrate how much potential space a property has.

Minimal Costs

To give a property even more appeal, it should minimise its ongoing costs. This means achieving a great EPC rating, having abundant insulation, and requiring little in the way of utility bills and maintenance costs. If a buyer sees high costs in the future, as well as the need for any immediate repairs, they are more likely to use the evidence as leverage to make a lower offer on the property.

Many homeowners are thinking of cashing in on the high home prices plaguing the housing market by putting their property on the market. If you’re considering selling, now’s the time if you want to get the process done quickly and profitably.

Before staking that ‘For Sale’ sign on your property line, however, consider some last minute home maintenance tasks. Any top-notch real estate agent would attest to the importance of not only presenting a clean and tidy home, but also a decluttered one as well. To get the best possible price for your home and really impress your buyers, decluttering is absolutely essential.

Can I skip the decluttering process?

Ultimately, the decision is yours. However, real estate agents across the nation estimate that decluttering adds substantial value to a home. In fact, according to HomeLight’s Top Agent Insights for Fall 2022, decluttering could add approximately $6,523 to a home’s sale price.

Consider this task doubly important in the wake of the COVID-19 pandemic. Buyers want spacious properties in case future stay-at-home orders arise. Families, especially, realize the importance of having enough space should another pandemic force everyone home.

Since most buyers are motivated by the need for more space, a decluttered household will truly impress buyers and increase your home’s value.

Where to focus

If you’ve lived in your home for a long time — or even just a few years — decluttering might seem like a hopeless task, but the best way not to overwhelm yourself is by tackling the process room by room. Start where buyers are going to be most focused on: the living room, master bedroom, and kitchen.

As those rooms are the focal points for most buyers, those are the most important areas to declutter. Next, check out your storage spaces. Remember, you don’t need to clear all your belongings from these areas, just make sure they appear neat and organized.

If you still have the energy once those areas are decluttered, target your office space next. While home offices are at the top of many buyer wish lists, they’re also infamous for clutter. Outdated financial documents, postcards, and work papers pile up over the years, so file away the necessities, toss away what’s no longer needed, and organize the space to the best of your ability.

How to get started

Start by labeling your boxes so you know what to keep, donate, or toss. From there, divvy up your tasks into a manageable timeline. If you’re having trouble finding the motivation or you keep getting overwhelmed, try one of these tips.

Set a timer for a certain amount of time — around 20 minutes depending on your timeline — and challenge yourself to fill your boxes with as much as possible during that time. If you do this everyday for a week, you’ll be surprised how much you’ll accomplish with jut 20 minutes of work each day.

Try the 12-12-12 method next. This one’s simple. Each day, collect 12 items to keep, 12 items to donate, and 12 items to toss.

If neither of those methods work for you, create your own decluttering schedule. Perhaps you’ll set a goal to complete a room each week or schedule out a day to tackle one of your closets.

You’ll be shocked over the worth of your home once the decluttering process is over, so contact a real estate agent today to get started on the selling process!