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Tuesday, March 21, 2017

How to Raise the Value of Your Home This Spring



If you want to raise your home’s value before listing it this spring, here are a few tips for you.

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If you want to raise the value of your home this spring and sell it for top dollar in our market, here are a few tips you can use.

The first thing you can work on is curb appeal. When people drive up to your home, if the aesthetics of the lawn, trees, and the rest of the landscaping look great, they’ll want to walk into the home. Some people also love seeing an upgraded front door or garage door. Not only do these touchups sell the house, but they’re also inexpensive to do.

Inside the home, one of the things you should consider installing is hardwood floors. This is a very popular feature right now, and it’s not as expensive as you might think to add. You can get some great deals for real hardwood or even find some high-quality laminate—it’s difficult to tell the difference between the two. Laminate is less expensive, but putting real hardwood floors down will net you another $10,000 to $15,000 in your home sale.

Another thing to consider is painting your house. Whether it’s the interior or the exterior, it only costs a few thousand dollars and it makes a big difference in terms of your bottom line.

A lot of properties around Carson Valley have old roofing, and if your home does too, you should think about upgrading. What I mean by old roofing is wood shingling that’s been sitting there for 30 years. Old roofing is a concern for buyers because they don’t want to have to spend $10,000 to $20,000 replacing it after they buy their new home. There are inexpensive ways to remedy this problem, and it’s certainly better to do so before listing your home rather than negotiating over it later on in the process.

Order a home inspection before you list so you can negate any buyer leverage.

On a related note, I recommend ordering a home inspection before listing. This allows you to discover and fix anything that shows up on the report. That way, when a buyer makes you an offer and orders their own inspection, you’ve taken everything off the negotiating table for them to bring your price down further.

If you have any questions about this topic or are looking to buy or sell a home, please don’t hesitate to reach out to me. I’d love to help!