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Adding Value to Your Home

It is possible to make an average looking home look better and increase its value in the eyes of your potential buyer. By checking around the house to see which parts need minor improvement, you can give your home a ‘face lift’. The better your house looks, the more attractive it will be to a potential buyer. With the minor renovations that you can do, you may be able to sell your house at your asking price or at near your desired amount.

Here are 5 ideas on how to add value to your home. Take note that every house is different and that you might need to consult with a professional stager. It may cost you a couple of hundred dollars to get a full report of what may be done to make your house as presentable as possible.

Place A New Coat Of Paint

If your paint has faded, or has marks for art work that had hung from the wall, spend a little time, money and effort to apply a new coat of paint to the areas needed. You can do it yourself or hire someone in need of a part time job. Paint it white if the space will not look too sterile. Neutral to warm colors are also great.You may want to consider painting the some areas with trending colors to accentuate it or when having to paint a large space.

Most home improvements stores have paint specialist who can help you find coordinating colors if you don’t know how to pick and choose. If you don’t like the way your old cabinets look, they can be painted or whitewashed. If the kitchen does not look too great, placing in a new door or changing the old veneer may be a bit expensive but will surely bring about a dramatic improvement.

Change Old Fixtures

Make an inspection of the drawer and cabinet pulls, faucets and light fixtures. If any of them look old and worn out, it is time to replace them. This will give your house an edge over other competing properties in your category. Your potential buyer has looked at a number of various homes for sale already. If they see your place with beautiful and new light fixtures, new faucets, ceiling fans, and new cabinet knobs and pulls, it would make your home look more attractive than the others that they saw previously. The amount that you spent on changing old fixtures will be worth every single penny in helping you get to sell your place.

Landscape Your Garden

A plain yard or having plants that are overgrown has no curb appeal. You can make your garden look a lot better buy doing some landscaping. Try to get an honest opinion for a friend on what the curb appeal of your garden is. This will give you an outsider’s perspective that can help you decide on what garden improvements you can make. If you have the budget, you can hire a landscaper to turn your garden into a showcase.

You can ask your local gardening store to help you pick out the right plants for your environments. They will know if the plants you like need sun or shade, how often they need to be watered and how much maintenance if you have to give them. If there is no one to assist you, most plants for sale are tagged to make it easier for you to choose what will thrive best in your garden conditions. Here are a few of the common low to no maintenance plant options that work well in the chilly Minnesota climate: Hostas, Japanese Yew, Lilacs, Bayberry, Arborvitaes, Spruce varietals, Dog Wood, and lilies.

Make Minor Repairs

If you have lived in your home for quite some time, you know what minor repairs need to be done. If you won’t repair it, as a seller, you are legally required to disclose all those items to the buyer. It is better to fix what you can, like a hole in the ceiling, a creaky door, or a toilet that won’t flush properly.

These things that need repair might get noticed by your prospective buyer. These little things will give them a reason to bargain or even make them lose interest in your place. If there repair work that you need to be made is rather costly, you can get estimates from at least two handymen and study the difference in quality material cost and their labor fees.Staging Your Home For Showing

This method is not only a money saving idea but it can also be effective in adding value to your home. Use all items you own to make your home look its best. The first step to take is to see how much clutter you have. You may not be a messy person but if you just have a lot of things it might be a hindrance to the potential buyer from taking a good look at the house. You have to keep in mind you are that your focus is in selling the house, not your things.

You can start packing up items that are not being used and placing them in a storage area. If your walls are covered with art or photos, it may be time to bring them down and place them aside to neutralize the look of you home. Another way that art and photos can be used is by placing them strategically to give emphasis to high walls, vaulted ceilings or tall windows.

Open spaces maximizes the optical illusion to make the square footage of the area seem larger that it really is. You can remove oversized or redundant furniture to add to what is the perceived square footage. If you have dark and heavy curtains, it is better to leave them open or remove them if they make the room look dark and smaller.

Ask a trusted friend or family member to take look at your house and make recommendations so you can make its best to a potential client. If you have rooms that are being used for non-traditional purposes, it is recommended to turn them back into their intended space. For example, if you are using your formal dining room for office space, make it into a dining area again or at least turn it into a neutral-use room.

Budget estimates:

Here is an example of the budget that you would need to upgrade an average house. If you are not the “do-it-yourself” type, or don’t have the time or energy to do it, add the cost of labor to your budget. These ideas on how to renovate your home to add to its value can be done easily and does not require a lot of effort.

New Kitchen faucet : $100 – $200

New Bathroom faucet : $50 – $100

New Drawer and Cabinet Pulls : $25 – $200

New Lighting Fixtures : $15 – $100/each

New Paint : $100 – $300

Landscaping : $50 – $1000

These estimates are the based on the average price of mid-range quality new items that are affordable. It is more practical to use the simple items and it is not necessary to buy designer brands. Checking out online items on sale at EBay or Craigslist might help you get to save more. It is easy for you to make your home look its best even on a limited budget so that a potential buyer will fall in love with it and buy your home.

Buy Homes MN