Want to Sell Your House? These Updates Appeal to Buyers
Thinking of selling? Even in a seller’s market, it’s important to make your house stand out against others in your area. One way to do that is by having these features in your home.
Even if you don’t plan to sell your home right now, you still want to ensure its value is high. After all, you never know when circumstances may change, so building equity can never hurt. People often see renovations as a great way to increase their property’s value, but not all renovations have the same effect.
Whether you’re renovating or already have certain features, it’s important to know that some offer more upside than others. The property features highlighted in this article appeal to buyers. It’s up to you to decide which ones are worth it.
A room’s paint job is among the first things that someone sees when looking at your house. When someone enters your home, they’ll pay close attention to the paint in all of your rooms. Does it look fresh? Is it neon green?
These are the questions that potential buyers ask when they look at your interior and exterior paint job. They’ll pay more for a turnkey home where they don’t have to immediately hire painters to brush over everything. This is especially true if it consists of neutral colors that can accommodate various complementary colors for furniture, rugs, and so on. A neutral color enables a potential buyer to envision themself in the house. For a low cost and high ROI, be sure to consider neutral colors when selling your home.
A fresh coat of paint, a backsplash, aesthetic countertops, and modern appliances can drastically improve your kitchen’s appeal to potential buyers. Remodeling your kitchen sounds like a big project, but it can be done cost effectively. Paint the cabinets or get new ones altogether depending on your budget. You’ll also want to consider upgrading your countertops to granite or another material that is popular in new homes in your neighborhood. While a kitchen remodel can be costly, it is a great way to catch a potential buyer’s attention.
Smart home technology
Smart lights, innovative security systems, smart doorbells, smart HVAC, and other integrated wireless systems can put all your home’s functionalities at your fingertips. You will feel more secure and in control of your environment. Certain smart technologies can significantly increase energy savings and add a lot of value to your home. Thus, smart home systems will make your property more appealing to budget-minded buyers and technophiles at minimal upfront cost.
Modern HVAC systems
Nobody wants to buy a home with an old heater or insufficient vents that they’ll just have to replace. A new HVAC system will make your home much more appealing to potential buyers, and you’ll be able to recoup much of the cost of installation if you sell your home. As a bonus, you’ll still save a lot of money on your energy bill if you eventually decide not to sell.
It might not seem super glamorous, but insulating your attic is a quick, easy, and cheap way to significantly boost your home’s value. The U.S. Energy Information Administration predicts volatile energy prices in the next few years, so insulating your home is an excellent way to hedge your bets against higher prices. Considering how expensive utilities have been lately, more and more buyers are looking for efficiency in their next home.
Energy efficiency is a high priority among millennial buyers. Having updated appliances that are environmentally friendly, you’ll appeal to more buyers. It will also help you save on your energy expenses by having an eco-friendly washer, dryer, and dishwasher.
Curb appeal means everything. Much like paint is a first impression on the interior, landscaping has the same effect on the exterior. Have you ever driven by a house with long grass or an overgrown bush that covers the house? Contrast that with a perfectly manicured yard. Which would you want to look at as a potential buyer?
A little sunshine and fresh air never hurt anyone, and building a space to enjoy these things certainly won’t hurt the value of your home. A high-quality deck will make your home much more appealing to a broader demographic. Installing a good deck is a simple process and won’t cost you much money. While you wait for your home to sell, your new deck will allow you to enjoy exciting cookouts and social events in the great outdoors.
Most people want a fence to protect their lawn and set clear boundaries between their property, the curb, and the neighbors. Fencing is vital to buyers with children or pets, so a good fence will make your home appeal to a broader range of potential buyers. A functional, durable, good-looking fence doesn’t take much money or effort to install, but it can significantly improve your home’s curb appeal. This is especially true if you meticulously match the material and color of your fencing with your home’s exterior design.
What if you don’t want to deal with renovations?
All of the aforementioned renovations are relatively convenient and can add value to your home. However, even the best renovation can be a hassle. Therefore, if you’re considering selling your home, you might want to sell as-is without having to make any upgrades.