4 Ways to Tell if You Can Add Value to a Home

By
Real Estate Agent with Tunmire Realty

Learn how to add value to any home with these quick tips: 

Deferred Maintenance: Small repairs and the general neglect of a home can make it appear less appealing than it really is. Don't be detracted by deferred maintenance; instead, perform an inspection to eliminate the risk of serious problems, then use the condition as a negotiation tool.

First Impressions: More than one home has suffered from a bad first impression; overgrown shrubs, faded paint, lack of shutters and stained concrete walkways make any home look tired and dull. Fortunately, first impressions are fast and affordable projects; landscaping, pressure washing and a new doorknob quickly turn a tired entrance into an inviting space.

Lights and Appliances: Upgrading lights and appliances might be one of the best ways to add value to any home. Energy-efficient appliances and beautiful LED lighting not only provide a modern, up-to-date appearance but are quieter, easier to operate and more dependable than older models.

Cosmetically Challenged: Some homes simply suffer from poor taste; horrid carpets and personalized paint choices may have been the pride and joy of the original owner but don't translate well into the general market. Rather than succumbing to the "shock and awe" when encountering a cosmetically challenged home, focus on the structure and surroundings instead. Cosmetic fixes often result in the largest "bang for the buck" when it comes to adding value to the price of a home.

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Tags:
selling
investing
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