5 Easy Ways To Boost Your Property Value

It’s incredible how your house and property value does not appear to be an investment  till it comes time to put it up for sale. All of a sudden, after years of living in it, the idea of how much it really worth hits you like a ton of bricks. So, let’s take a look at 5 easy ways to increase your property value.

Preferably, you’ve diligently kept it up over the years and at this point of time can simply focus on cosmetic adjustments to improve and raise its  dollar value in the eyes of a future potential Buyer. Most of those “projects” are relatively easy, will not cost you a pretty penny and can be completed by yourself.

If you carefully choose those “projects” and repairs you can finish up with quite a few extra dollars at the closing table. On the other hand, if your home has significant issues, like a leaking roof or your CAC blowing warm air instead of a cold one, you will need to seek a help of a professional contractor, which, in my opinion, is a better option (because you can compare prices and find not the most expensive one) or give your hard earned money to the Buyer (who will most likely ask more money than the job entails) to do, well, pretty much the same.

If you anticipate or suspect there might be problems with your home, do yourself a big favor find a home inspector in your area or talk to your local Realtor, he will recommend one and arrange a full home inspection. It will definitely pay off in a long run for a number of reasons. If that’s a reputable home inspection company your potential Buyer might not undertake his own inspection which will save him a few dollars. Nowadays the price of complete inspection is quite pricey, so the Buyer would certainly be appreciative. Home repairs that buyers expect to be made and that increase your property value the most, include:

Property Value and Plumbing

Piping/Plumbing should be perfect or close to it.

Property Value and Electrical

Bring your electrical system up to date, change the electrical panel. If you still have the old one, this will come up during the inspection, trust me.

If you have carpeting, make sure it is professionally washed and there are no stains remaining. If you have a hardwood floors, there are no gaps and other damages. And if it needs a touch up or possibly refinishing some troubled areas, do not hesitate and simply do it!

Small things can have a huge impact – dripping faucet, damaged window screen and chipped or cracked counter-tops. The fact that it didn’t bother you while you’ve lived in the house does not mean the Buyer feels the same way.

Larger projects, such as roof problems, are sometimes better dealt with by disclosing them to potential buyers and letting it be known that the price of the home reflects the need for the repair.

If you feel you have more questions, need help, friendly advice, please do not hesitate to call me. I will gladly complete the Comparative Market Analyses or CMA (with no obligation on your part, think of it like inviting a good friend to talk through something that is important)for your property and then together we can decide what areas could possibly be improved to bring the value of your beloved home up, so once the time to sell comes up, you will be ready and more importantly confident in the price you should be asking for your house.

Last but not least, consider investing in transferable home warranty, one of the many things, that makes every Buyer feel warm and cozy!