When it comes to selling your home, you probably have conflicting emotions. You may be excited about your new destination, but there’s a part of you that doesn’t want to part with the place that has been your safe haven for the past few (or many) years. Now that you have already made the decision to move, it’s best to move forward. However, since you’re sure you’re ready to sell your home, it’s natural that you will want to take some extra measures to get the best deal possible, and sell your house for what it’s truly worth.
It is common knowledge that in order to increase the value of your home before selling, you need to make some upgrades and renovations, as well as repair all the minor damages that you might have been putting off.
The Common Mistake That You are Likely to Make
In an attempt to increase their home’s value before selling, most homeowners dive head-on into a sea of repairs, DIY projects and other costly home maintenance activities. Not only does your bank account take a beating, it may not translate into a higher selling value.
A lot of money invested into fixing anything and everything does not guarantee that you will boost the value of your property. As a matter of fact, it might have the exact opposite effect. For instance, if you freshly paint the entire house or make drywall textures to ‘uplift’ interiors, it is likely to make the potential buyer more suspicious of whether it was intended to hide any faults or cracks in the walls.
What You Should Focus on Instead
What many homeowners tend to forget is that when buyers are looking for a house, unless explicitly stated otherwise, they know that most houses they are viewing are not brand new. People have lived there in the past, and therefore, potential buyers do not expect it to look brand new.
Instead of trying to make the home look like it is a new build, you should focus only on repairs and/or renovations that make a good first impression. What potential buyers see and feel when they walk into your house is what they will remember long after they leave your home.
What are the Next Steps?
With that said, if you are planning to sell your house, the first thing you should look into is any obvious home maintenance tasks. Exposed wires, plumbing leaks or any other issues that pose health and safety risks need to be fixed immediately. After that, you should focus on giving the house a facelift. That’s a pretty broad statement, and it can be very costly to improve your entire home.
The best investment to make prior to selling your home is a kitchen renovation.
It’s a proven fact that completing a kitchen renovation to increase home value is your best choice because it gives you the highest return on investment. The kitchen is the heart and soul of any house. Besides daily meal preparation, it serves as the hub of activity where you check the daily mail, unpack the groceries, chit chat with family and friends while cooking and so on. If the kitchen is modern and inviting, then your chances of getting a higher bid for your house significantly increases as well.
Critically examine your budget, consult a reputable kitchen renovation company for an estimate and then take the required steps to revamp your kitchen and boost your home value.