When you start attempting to sell your house, you may find that you are not getting the offers you want straight away. Luckily, if you plan correctly, you can maximize your home’s value, even when on a budget. Here are 5 simple ways you can easily boost the prices you will receive for your house.
Make the Simple Upgrades First
The most important and simplest step in selling a house is addressing those small tweaks which can drop your house’s value unnecessarily. Always make sure your house is cleaned, and any minor issues with your home are repaired, prior to evaluations and visitations. If you are on a budget, you should also focus on which parts of your house need upgrading the most, and invest a little bit of money on doing so. Kitchens and bathrooms especially are known to significantly influence house value.
Early in the process you should also consider using different selling options depending on your specific needs. Private homebuyers for example can be useful for selling your home quickly and securely. Using an online homebuying platform can also save you money on costly agency fees. This method can be time-consuming, however.
Given that interior design trends change rapidly, you may not realise how your home may appear to people unfamiliar with it. That’s why taking the time to update the decoration in your house can be an easy way to add value to your house. Simply updating the colour scheme to more neutral shades of white and grey will instantly give your home an appealing, timeless quality. What’s more, using more impersonal decoration will allow prospective buyers to imagine themselves in your home more easily. Consider also adding some modern flourishes to your home, in line with what is currently popular.
Inspect Your Heating and Electrics
Issues with your heating or electric systems may not be obviously visible on viewings. But, any serious buyer will want to know they are in good shape prior to making an offer. Making repairs to boilers or wiring can be time-consuming and expensive. Therefore, buyers will be more willing to pay the price you want if there are no underlying problems with these aspects of your house. You may consider getting a professional inspection on your gas and electrics done, prior to selling. This will reassure anyone with potential interest in your property that it is safe. This is therefore a great way of subtly increasing your property’s value.
Add an Extra Room
If you have the money to spend, and want to significantly increase the value of your property, additional rooms are the way to go. Extensions can increase your house price by as much as 30%, while even a simple additional bathroom can give a 5-10% boost to your property price. Although the up-front cost is undoubtedly high, in most instances the added value will still make it worth it in the long-term. It is important you do not focus on cost at the expense of the quality of the new room, however.