Tackling any home improvement project around the house can significantly increase the value of the home’s equity and help in its selling appeal. Any small improvement such as replacing a broken window pane, repaving or recovering a driveway, or simply fixing a step that has become noisy is an easy way to convince any potential home buyer.
The first step in tackling a home improvement project that will add significant value to the house requires analyzing any of its flaws. There may be significant problems on the interior or the exterior of the home, or in its landscaping.
Recognize that curb appeal is the key component to selling a home. Any first impression by a potential homeowner will have a long-lasting effect. Begin fixing any obvious flaw to the outside of the home. This means re-varnishing the door, repainting the exterior, cleaning up the yard, and making sure that the roofing material is in good condition. If possible add a few plants around the exterior of the home to give it a new, fresh look.
Consider the outdoor lights, whether they need to be cleaned or replaced. This will help when any potential buyer shows up on a cloudy day or moonless night. This simple step can help maximize the beauty of the home when seen in the dark.
Potential homeowners enjoy that the interior of the house has plenty of light. Be sure that the walls are painted in a lighter tone, and that the wattage in the light bulbs are higher than normal. Obviously, if any gaps are found in the foundation they should be plastered or caulked. Attempt to create a feeling inside the home that is spacious and open. Take away any unnecessary knickknack, trophy or item that tends to represent that someone actually lives in the house.
Consider replacing any worn out carpeting. Additionally, it is always a good idea to remove outdated wallpaper. Potential buyers tend to shy away from buying homes that will require major updating to suit their taste. Focus in on updating the bathroom and kitchen as much is possible. Replace any broken tiles, lose countertops, or flooring material it is worn or cracked.
If the appliances will be sold with the home, it is best to make sure they do not appear to be outdated. The potential homebuyer will not want to spend a significant amount of money on updating the appliances or making major improvements in the home. If the stove, refrigerator, bathtub, toilet, or any other key component of the house looks rusty or old, it should be changed out before putting the house up for sale.
While not every homeowner has the ability to spend huge amounts of money on making significant improvements, the affordable ones should be considered. Large expenses on major improvements might not bring back a sufficient enough return on the sale of the home.
It is best to set up a budget on what improvements can be made around the home at an affordable price and have them done before placing the house up for sale.