Do You Know How To Increase Your Home Value For Appraisal?

Posted on by

You might feel lucky if you own a home. Many Americans dream of being able to do this, and struggle to do it but never actually accomplish it. In truth, you’re probably not that lucky for owning a home as you likely got it through your own smart planning, hard work, and even blood, sweat, and tears.

It can feel bittersweet putting such a thing on the market, but if you’re moving into a newer home that suits you better, or just changing what part of the country you live in, it might still be an upgrade to the quality of your life.

You know that your home is likely one of your most valuable assets, financially speaking, and so you want to get the most you can for it. It is not at all uncommon to do renovations and even property enhancements before an appraisal in order to get the most value you can for it. The question is, do you know how to increase your home value for appraisal?

You can easily come up with a list of possible projects to do around the house that you can think of, but are they worth it? You are limited to how much time you have before going on market, as well as your renovation budget. You might extend that budget with using credit cards, but can you be sure you’ll get your money back?

It’s well worth it to consult a real estate agent or professional who knows the local market and what buyers are looking for. You might discover that blowing tens of thousands on a renovated kitchen is a bad idea when many buyers like customizing their own when they move in. You could also find out that something like a finished garage or basement is more valuable than a swimming pool in the backyard.

It’s great to avoid the expensive projects that wouldn’t return much value or even cost you more than they boost the appraisal value. It’s even more beneficial to find out what specific projects don’t cost that much but add the most to the appraisal value. Smart home technology, new appliances and fixtures, and enhanced windows and doors don’t cost but a few thousand in many cases, and yet can add over ten grand in some markets.

Once you do have a list of possibilities and know which ones are good ideas, then you have to decide whether or not you’re doing the work yourself to save money or hiring contractors to do it. If you can find a contracting agency in town that works with flippers, then you might have a great resource to use. If you’re able to move out of the home before the work, possibly temporarily into an apartment, then the contractors have free rein to get the work done well and fast, and then you can even stage the home professionally for viewings and tours when it’s on the market.

Three Simple Tasks You Can Do Over The Weekend To Add Value To Your Home

Posted on by

Are you planning to sell your home in the coming months or year? Like so many other individuals placing their homes on the market, they want to ensure that they get the most out of their home. However, today is not a seller’s market, it is all about the buyer and them getting the biggest house for the least amount of money. Thankfully, the buyer still has some tactics that will allow them to get the most amount of money for their home. This article is going to shed some light on the top three methods you can use over any weekend.

One of the top ways to add extra value to your home rather easily is by replacing all of the sinks and faucets in your home. These are typically one area that tends to show age and grime the most. Depending upon the number of sinks and faucets in your home, this quick fix can cost as little as $500. One does not have to be an expert plumber to replace these fixtures either. In fact, all you are going to need is some basic plumbing skills and a few expert YouTube videos and you will be good to go. This short task will only take an evening and the benefits are endless.

Perhaps one of the easiest and cheapest ways to improve the look of your home is to paint a room. A fresh coat of paint can instantly renew an old and wron room. However, you will want to ensure that you always use neautral colors while repaitinging a room. If the room has a dark color, you will want to prime the the room so it will easily take the new lighter color. Always remember that you want to make your home as easy for the prospective buyer to envision themeselves in it.

Finally, you are going to want to organize and clean the house. This is going to accmplish twop things for you. First, it is going to make the home much more attractive and presentable to possible buyers without clutter around the home. In addition, it is going to make the moving process that much easier for you! So it truly is a win-win situation. There is no need to go wild, simply add some hooks, shelving, and bins around the house to make the process much easier.

As you can see, there is no need to pay a lot of money just to get your home in shape for selling. In fact, these three simple fixes can all be accomplished in a day and for under a few hundred dollars a piece. Whether you choose to paint, organize, or add new sinks, they will all help you gain much more value for your home. This is going to allow you to get a better home and make the moving process much easier for you and your family. Hopefully, this article has given you some ideas on how to increase the value of your home.