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Tips for Increasing the Resale Value of Your Home

Tips for Increasing the Resale Value of Your Home

When it comes to selling your home, small touches and renovations can make a world of difference. However, it can be hard to know what is simply cosmetic and what will actually increase the resale value. Courtesy of  the George Woods Home Selling Team, these tips will help you maximize your chances of selling your home for a higher price.

Set a Goal Selling Price

Determining the right price point for your home is obviously important, and it’s not necessarily a straightforward process. First of all, there is a difference between an asking price and a selling price. Listing your home at one price point doesn’t mean you’ll receive an offer for that amount. It may be higher, but there is a good chance you’ll receive an offer for a fair amount less. And other homes in your area will have some bearing on how much you’ll end up getting for the sale. Keep these factors in mind when determining these numbers, and be sure to talk to your real estate agent for advice.

Create Curb Appeal

Chances are good that when you think about your home, you think about interior spaces much of the time. That’s where we tend to spend the bulk of our time, but that isn’t what will first attract house hunters. The first impression people will have of your home will be how it looks from the outside. It’s critical to make sure that the exterior is appealing to home shoppers, or they won’t be interested in seeing the interior. Because of this, make sure you take care of the details on the outside of your home, because buyers will notice them, and overcoming a poor first impression is notoriously difficult to do.

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Paint

Painting is an inexpensive and DIY-friendly way to improve your home’s appeal to buyers. Giving the interior of your home a fresh coat of paint is a great way to add some life to it, or to change the space as needed. Stick with the right color palette so you don’t turn off prospective buyers. Using light colors and contrast, for instance, can make a space seem more open and vibrant, but you want to remain neutral enough for buyers to feel like they won’t need all new belongings in order to make the space work for them. Here are some more ways to put your walls to work on winning a good offer:

Stage the Entire Home

When house hunters are searching, the point to keep in mind is you want them to be able to envision themselves living in your home. In that sense, you need to keep the space warm and inviting, removing your own personality just enough that it still feels homey but that it could be anyone’s home. Simply staging your space can do wonders. The key is to use a minimalist point of view — the idea is to give interested shoppers an idea of what their lives would look like in your home.

There are ways to stack the odds in your favor when you’re selling your home. Freshen up the home without spending too much money, carefully stage it, and remember to boost your curb appeal. With some hard work now, you can enjoy a quicker return on your investment when you’re ready to list your home.

Ready to buy? Have a home to sell? Let’s get started today! Call the  the George Woods Home Selling Team  at (717) 324-2500 to request an appointment.

Image courtesy of Pixabay

Article provided by Suzie Wilson

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