When selling your house, you obviously want to have the greatest resale value possible. A high resale value guarantees a larger pool of potential buyers and a good price for your home. Consider making the following changes to your home to increase its resale value in the matter of a single project.
Exterior ImprovementsThe exterior of your home is one of the first things that a potential buyer will see. An attractive exterior often means an attractive interior, which can urge your potential buyers to look inside. The following changes can get your buyers' attention:
- Landscaping. Up to 90% of realtors recommend improving a home's landscaping before putting it on the market. Fresh flowers and a well-kept yard give the home more curb appeal.
- Roofing. A roof repair may help you increase the value on your home. However, a roof replacement can add up to $10,500 in return investment value, according to a report by ISoldMyHouse.com. Choose roofing shingles that can last between 20 to 50 years, such as asphalt shingles. This will tell your potential buyers they won't have to replace the roof for years to come.
- Deck additions. Potential buyers that love to entertain are more likely to look for houses that have an outdoor space such as a deck. By adding a deck to your backyard, you can increase the resale value of your house by $11,000.
Indoor ImprovementsOutdoor improvements may make your home more appealing to potential buyers, but small improvements to the inside of the house can keep them invested. Here are some of the most common improvements that homeowners make to their houses before putting their homes on the market:
- Bathroom remodel. Bathrooms are one of the first things to get remodeled in a home. This is often because they're either too small or the tile is outdated. By changing the sink, shower, or tile, you can improve your home's resale value remarkably.
- Kitchen remodel. Outdated countertops, sinks, stoves, and cabinets can turn off quite a number of potential buyers. By altering your kitchen to make it more modern, you can convince many potential buyers to consider your home.