If you are considering selling your home now, or even in the future, you will be working hard to get the best selling price possible. Obviously you can’t control the location of your home, or market fluctuations. But, the good news is that there are many ways to improve your home’s resale value.
Although you may think that the only way to get the highest price is to do major renovations, there are hosts of other changes you can make. These seemingly small projects can make a big impact on the value of your home.
These renovations can be made with the future in mind. Even if you aren’t ready to sell now, start thinking about these improvements as an investment. So, what are some of the ways to increase your home’s resale value?
Kick up your curb appeal!
The “first impression” of your home is called “curb appeal,” and it’s a vital component of upping the resale value.
Remember, every potential buyer will consider how many renovations they may need to make, so a good first impression is important. You want to entice people to step through the threshold and discover the rest of your beautiful home.
Some great (and easy) ways to give your curb appeal a boost include:
Don’t forget to add some beautiful pots of flowers to draw attention to all these easy updates!
Bathroom renovations add instant value
Old, outdated bathrooms are a home buyer’s nightmare. Not only are they an eyesore, bathrooms are an expensive update for someone who has just bought a home.
This doesn’t mean that you, as the seller, needs to dish out the dough! Often, a fresh coat of paint is the best way to start. Bathrooms are high traffic areas, and all of the humidity, hair products, soaps and makeup residue pile up quickly. Start by scrubbing your surfaces and adding clean paint.
We recommend choosing a neutral color to create a spa-like atmosphere. Taupe, soft grey, or even white creates a soothing, clean look.
If you have well made cabinets that are in serious need of a refresher, refinishing can do wonders. Plus, it’s way more affordable than purchasing an entirely new vanity. Finish the look with new hardware and you have brought new life to your old bathroom.
Focus on your kitchen
Like bathrooms, kitchens are another hot spot area to focus on. An eye-catching kitchen can dramatically increase the value of your home. A full kitchen renovation may be quite expensive, but there are more affordable ways to transform your kitchen and have it feeling brand new.
The most impactful way you can update your kitchen is through the cabinets. Kitchen cabinets take a beating every day, and older styles are an eyesore. Refinishing your cabinets is a fraction of the cost to replace them, and there are endless style options.
Choose colors that are in style, but won’t look dated in a few years. Too bold or alternative and you may begin to scare people away. You want your potential buyer to know that they can happily live in this kitchen for years.
Of course, a fresh coat of paint on the walls will be the next step in the process. Kitchens are a great space for accent walls. This adds a focal point to the space, and defines an otherwise boring wall.
Planning for the future
Each of these renovations are easy to tackle, and cost very little compared to the value that they will add. When you are taking the time to update your home for resale, it’s wise to consider the cost to benefit ratio. Each of these high impact renovations will exponentially grow the resale value, even if you don’t sell for a few years!
Sundeleaf Painting has been serving the Portland area since 1930. We provide superior service and only use the best products. When it is time to update your home, we will be here to help you – schedule your estimate today.