Even in a seller’s market, putting your home up for sale can be a difficult process. In particular, when there are other homes near you that can offer a buyer more, you may not have much interest in your property. Regardless of whether you are content to remain in your home for a while or not, it is important to find ways of increasing the value of your home.
Give The Exterior A Little TLC
Some homeowners focus on the interior of their home to the detriment of the outside. Remember that the first thing that buyers will see as they walk up to your home is its outer shell; you want to make a good first impression. Consider adding new siding, particularly if yours looks old or worn. Vinyl is a great choice, but if you want to get even more money back from your investment, consider a fiber-cemented product.
Make Your Front Door Stand Out
Another way to make the exterior of your home shine is to replace your front door. Choose a product made of steel, and look for something that has a few embellishments to make it unique. While a door like this could be quite expensive (averaging around a thousand dollars), the investment will be worth it; you may get back about 75 percent of what you put into it.
Create Another Bedroom
Many people don’t want to deal with the time and expense associated with building onto their property.
However, it is possible to increase the number of bedrooms that you have by simply working with your attic. You will need to hire an electrician and possibly a plumber to make the space livable; also, unless you have home building experience, a general contractor is a must. Windows and a closet will need to be put into the new room, and if you really want to make an impression, add an attached bathroom as well.
Let The Light In
Windows become visibly worn well before most of the other features in your home. Therefore, replacing them can make a huge difference in how others view your space. Look for products that match the exterior design scheme of your property, and consider purchasing those with an Energy Star label, as they will also help you lower your energy bill.
Make The Basement Livable
One of the most underutilized features of many properties is the basement; the potential for this room is nearly limitless, as it can be transformed into a new living or entertainment space. Consider staining the concrete flooring for an attractive modern look and think about adding a bathroom as well. You should receive nearly 70 percent of your money back from this addition when it comes time to sell.
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Jim Flick is a real estate blogger, writing on a variety of topics from how to fix up bayside condos to home improvement DIY tips.