The housing market slowed a bit during the infancy of the Coronavirus pandemic. The processes slowed due to fear of having potential buyers visit homes. Most people are not comfortable making a huge purchase unless they have seen the property physically. Boosting the value of your home is imperative before you decide to list the home on the market. There are certain improvements that can add thousands of dollars while they only cost a fraction of that.
Refinish Floors and Bathrooms
The floors and bathrooms are going to be focal points of the home. Bathtub refinishing is far more affordable than a complete renovation of a bathroom. The floors being refinished can make them look new which is what you want when selling your home. Installing a complete new set of flooring is going to be expensive when compared to refinishing. Take time to think about this as affordable options can be the best!
Open Up the Kitchen
Opening up the kitchen can allow the home to flow in a far better way. For parents, this is almost essential if you want to cook while keeping an eye on the kids. Being able to interact with other family members while in the kitchen is another added benefit. A number of people are looking for an open concept so it is best to appeal to the largest number of buyers possible. Painting a cabinets can allow them to have a new look as new custom cabinets are extremely pricey.
Landscaping Makes a Bigger Difference Than You Think
The one aspect of the property that a number of people forget about is that of the landscaping. The curb appeal of the home should be at its maximum as it could be the final selling point for a buyer. This doesn’t have to be immensely expensive as lawn care companies can be affordable. A complete landscape revamp can be thousands of dollars if you are thinking about taking that route.
Price Your Home in a Way that Could Encourage a Bidding War
The pricing of your home accurately can be tough especially if you have never sold a home before. In the past, home sellers were at the mercy of their real estate agent’s opinion. With websites like Zillow it is easy to see what homes have sold for that are similar to yours in the area. Checking these out and adding to the price for features like a pool or upgraded flooring if a home you have researched didn’t have these features. A bidding war is the best thing that can happen as buyers can start to get competitive which results in the price being driven up.
Boosting the value of your home will require work and a budget. Take the time to consider taking out a small loan you can pay back right after the sale of the home. You won’t regret getting the best price for your home as this can turn the home into an unbelievable return on investment.