Inexpensive Upgrades You Can Make to Increase Your Homes Value
If you are considering putting your house on the market, you will undoubtedly want to make sure you get the most money possible. If you’ve lived in the building for some time, you will likely need to do some renovations and restorations to enhance its saleability and aesthetics.
You might have been hesitant to carry out upgrades during your time living there due to the cost. While you might have lived with some less than perfect solutions, you must make some adjustments to the home to enhance its value in the eyes of buyers. Thankfully, these upgrades do not need to cost an arm and a leg. With that in mind, here are some inexpensive upgrades that you can make before selling your house.
Give it a Lick of Fresh Paint
It is hard to overestimate the difference that a fresh coat of paint can make to a building. This is one of the quickest and cheapest ways to increase the appeal of your house in the eyes of prospective buyers.
However, there are some rules you should bear in mind when refreshing paintwork. If you’re looking to sell the building, it’s in your best interests to avoid any wild or off-the-wall colours. Instead, look for more neutral, toned-down colour schemes, as these will appeal to a much broader range of potential buyers. You should avoid brown or muddy colours when decorating the interior of your home, as these can significantly reduce the amount you are liable to receive upon selling.
Also, consider giving your front door a new look. Your front door is one of the first things viewers will notice when visiting your home, and first impressions matter. While an outright replacement might be expensive, simply repainting the door can dramatically improve your home’s curb appeal.
Ensure Your Electrical Safety Solutions are Up to Date
One thing that can certainly reduce the price of a home and even deter buyers altogether is insufficient electrical safety solutions. While you are not legally required to prove your home’s electrical safety when selling it, it can certainly impact the value of offers should potential buyers notice anything amiss with the electricals.
With this in mind, it is, therefore, a good idea to call out an electrician to your home to assess the state of affairs. They can conduct a thorough inspection of the wiring in the building and confirm that your house is electrically sound or suggest any upgrades that may be necessary. This will help promote confidence in the building among buyers, maximising your chances of receiving your asking price.
One thing that is worth checking is the fuse box in your home. If this is outdated, it can lead to reliability issues and potentially even become a safety hazard. Thankfully, the cost of a fusebox consumer unit is relatively low, so you can make this upgrade for a small sum.
Change the Handles
Another inexpensive alteration that you can make is updating the knobs and handles on your cupboards and drawers. This might seem like a tiny detail that no buyer would pick up on, but subconsciously viewers will notice.
Replacing the tired handles and doorknobs in your home with shiny new ones is a cheap thing to do, but it can easily revitalise the interior of the building. If you decide to make this change, you must keep the era that your home was built in mind. It’s all well and good if you love the aesthetic of shiny brass handles, but the effect will be diminished if they do not suit the building itself.
Take Care of the Garden
Prospective buyers hate overgrown gardens. While it might not be an issue in itself, they will assume the worst about the upkeep of the rest of your home if the garden has not been looked after properly. In the eyes of buyers, an overgrown outdoor space can signify that there could be other problems with your home, reducing the likelihood that they will put in an offer.
Thankfully, it is easy and inexpensive to spruce up your garden. Generally, all it takes is breaking out the mower to remove overgrown grass, trimming hedges and trees and weeding any flowerbeds. Overall, this is one of the most cost-effective ways of maximising the value of your home when you put it on the market.
Check out this article for more tips on what to do with your garden when selling your home.
Take Your Personality Out of the Equation
Regardless of how long you have occupied your home, it will undoubtedly reflect your personality. While this can make the building more pleasing for you and others to spend time in, it can be challenging to quickly sell a home.
When you are trying to sell a house, viewers must be able to imagine themselves and their lifestyle within the building. To facilitate, you must make an effort to depersonalise your home when you put it on the market. You should remove anything related to you and your family. This might mean removing any personal photographs, children’s artwork, trophies, among other things.
There is a delicate balance when depersonalising your home. You want it to be warm and inviting but not overly cluttered. It might help to think about what you’d expect from a hotel room when doing this, as it can help you visualise what the space should look like.
Depending on the number of personal items and how long you have lived there, this can take a few days to complete. However, it is well worth the effort, as it can dramatically increase the speed of the sale.
In summary, home improvements before putting it on the market are essential, but they do not need to be expensive. Following the tips outlined above, you will be able to improve the desirability of your home on a budget. Ultimately, this can help your home sell more quickly and maximise the amount you will receive from buyers.