5 Strategies to Increase Your Home Value

The real estate market can be volatile, fast-moving, and even fickle at times with property values constantly fluctuating. It can make it hard as a seller to know or even take a guess at what your house may end up fetching.

With that said all control isn’t totally out of your hands, as there are things you can do as a homeowner that will help to increase the value of your home and ensure you get the absolute top dollar in the market.

So before you go ahead and hang that “for sale” sign, here’s a look at five ways you could go about increasing the value of your home and make sure you get all you anticipated.

1. Upgrade the Flooring

One thing that potential buyers are sure to notice when they walk into your home is the flooring. They will specifically be looking for stains, rips and tears in carpet, broken tiles, and lifting material. If you have any of that going on in your home, it can be well worth the investment to upgrade the flooring.

Rather than just go with standard materials, you could always install wood flooring or a neutral high-grade tile. Remember that you are trying to appeal to the masses, so picking good quality materials in neutral shades is usually the way to go.

2. Modernize the Kitchen

A full kitchen renovation is not only a huge job but it is also quite expensive. Yes, a great kitchen can sell a home, but there is no need to gut the entire room in order to boost the value. Instead look for ways to modernize the space.

Some great examples include changing out the hardware for modern and trendy pieces, installing new lightning, updating the sink and faucet, putting in a tile backsplash, and giving the room a fresh coat of paint. If your appliances are tired looking, updating to stainless steel is a sure fire way to please buyers.

3. Give Some Attention to the Landscaping

Of course if your home is lacking in curb appeal then you’re not going to attract buyers, and it will affect the bottom line. Again there is no need to go all out and gut the exterior, instead it’s about keeping things well maintained and kept-up with. Make sure the lawn stays neat and trimmed, install exterior lighting, give the front door a fresh bold colour of paint, clip overgrown bushes and hedges, and plant bright colourful flowers that capture the attention of potential buyers.

4. Declutter the House from Top to Bottom

The last thing you want is for your house coming off as being too small. This will affect its value and can turn buyers right off. Decluttering your house from top to bottom is an absolute must for any seller. Even if that means you need to put your items in storage temporarily, it will pay off.

As you declutter the home be sure to also take away personal items like family photos and personal touches. You want the buyer to be able to envision themselves in the space, so they need that blank slate.

5. Paint Can Do Wonders

We’ve already mentioned painting the kitchen, but the reality is a fresh coat of paint throughout the entire house will literally transform the space. It makes things feel fresh, clean, inviting, bright, and welcoming – all of which appeals to buyers.

One tip when painting the full house is to pick a neutral colour palette that you stick to throughout the entire space. This will create flow and ensure the rooms don’t feel disjointed.