Do you want to sell your home for the most money without spending a fortune preparing your home for the sale? My Austin clients often ask me what they can do to get the best price for their property. There are a number of steps I take to ensure a home is marketed properly. However, some may want to take additional steps to make small updates/remodels to get a significant amount more for their home. Take a look at these 9 tips to increase your home’s value without breaking the bank.
1. Spruce up the exterior
If you are looking to increase your home's value, you definitely want to think about the exterior of your home. The first thing a potential buyer is going to see when they look at your home is the outside. You want to deliver a great first impression. Plant flowers in the front yard, power wash your sidewalk and porch leading up to your front door, and make sure leaves are raked regularly. Make sure there are no cobwebs or bugs near the front door, I once saw a dead lizard in the doorbell when I was showing a multi-million dollar listing. Prospective buyers have ample time to survey this area while the agent is opening the lockbox so you want to make sure you make a great first impression with a clean and inviting exterior!
A fresh coat of paint can do wonders for your home value. Paint the inside walls of your home a neutral color to brighten the room and make it appear larger. Cans of paint generally cost around $25, so grab a few and start sprucing up those rooms. If you don’t want to paint the entire wall, make sure to touch up any scratches or dings. Paint can really go a long way in increasing the value of your home
3. Replace handles and knobs
You might not be able to afford brand new cabinets in every part of the house, but you probably can afford some new handles. If you are attempting to increase your home's value, purchase new handles or knobs for your cabinets in the kitchen and bathroom to give the rooms an updated look.
4. Re-Caulk the Kitchen (and Bathrooms)
Caulk can get yellow and brittle after a few years, especially around sinks and bathtubs. Increase the perceived value of your home by spucing up the kitchen and bathrooms by re-caulking. A tube of caulk costs around $5 and can update a home's look (and value!)
5. Match your Appliances
Is your mix and match kitchen affecting the resale value of your home? Did you know, you don't have to buy brand new appliances that are all the same? – most appliances have front panels that can be removed and replaced. Give your appliances a facelift by buying matching front panels to give your kitchen a consistent feel. This low cost fix will be sure to increase your home's value.
I mentioned the first impression at the beginning of this post. If a buyer enters a home that's dirty, it will be hard for him or her to look past the state of the home. This may be the most important tip for increasing your home's value. Clean your floors, windows, walls and baseboards. Give your home a good scrubbing. This will let in light, allow buyers to see the views and increase the marketability of your home. You will also want to de-clutter and de-personalize. Remove family photos and religious items. Another trick I like to tell my Austin sellers is to remove about half of the items in your closets and pantries so they appear larger.
Outdated fixtures can make a home less appealing to prospective buyers. You can spend a significant amount of money replacing all of the light fixtures in your home, but you don't have to spend so much to get the same results! Increasing your home's value can be as easy as purchasing new lampshades to perk up an older lamp, and changing outlet covers and light switch plates to give your home an updated look.
8. Replace faucets
Purchase a new faucet for your sink and shower in your bathroom, and you'll increase your home value. Make sure the faucets for the sink and shower match – most of the time new faucets will cost around $30 to $60. You may want to consider updating your kitchen sink faucet to increase your home's value too.
9. Update your flooring
Another part of the home that ages a house is the flooring. What do you think of when you see a shag carpet? You may want to have wood floors refinished or concrete floors polished. Rugs or carpet that have gone out of style or seen better days can decrease your perceived home value. If you have enough money to replace the carpeting, go for it! However, if it’s not in the budget, you may want to consider pay at close flooring options or display a sign with carpet swatches that advertises an allowance will be given to buyers to replace with their preferred flooring after closing.
All of these tips are sure to increase your home's value. If you are curious how much your home is worth, click here for a free estimate on your home's value.
This post originially appeared on shesellsaustin.com