Increasing The Value Of Your Property: Steps To Take

Written by Posted On Tuesday, 31 March 2015 05:51

If you have made the decision to sell your property, you want to reach the highest possible value for your house. There are minor changes you can make to your house that will increase the asking price by a massive amount. What you ought to remember is that you can increase your profits by making some simple aesthetic alterations to your home. In the last few years, there have been studies that show how remodeling your home can increase its value. Before you begin, you need to set aside a few thousand so that you have the cash to complete each project. Take these steps to add value to your home.

Get a current value estimate

Before you start, you need to know how much your home is currently worth. Once you know what the value of your home is, you can seek to improve it in different ways. If you get an independent valuer to come to the property, they can tell you where you need to improve your house. You should not take every piece of advice that you get. Instead, pick out key points and see whether they are viable for you.

Extend the house a little

Of course, the moment that you extend your property, the value of it increases massively. The average family is bigger than it once was, which means that people need larger houses than they used to. You could hire a company such as Murdock Solon architects to help you create extra rooms for your home. You need to discuss this option with the authorities so that you know what your rights are before you start. Draft up some initial designs so that you know what you want to do.

Repaint the exterior

When people view your home, the first thing they will see is the exterior of the house. If the house looks untidy and the brickwork is rough, they will not want to bother looking at the property. If you want to increase the curb appeal of your home, you need to make sure that the external walls of your house look impressive. You could pay a company to complete this project for you. Your other alternative is to get siding for your home. That means that you cover up the external walls of your house.

Install a new roof

If the roof is falling apart, potential buyers will want to avoid your property. It will cost you a $2,000 or so to replace a standard sized roof. You might look at that initial cost and think that it is not worth your time or money. In fact, once you have a brand new roof, you can expect to make in the region of $15,000 more on your house than you otherwise would. These exterior features make a world of difference to the value of your property. Before people walk through the door, they have already made a decision about whether they want to invest money in the home or not.

Think about the first impression

 

First impressions are everything, and that is something you need to remember before you sell your property. When people come to view your home, they will act on their instincts. If there is something about the house that puts them off, they will lose interest in your property. Spend some time working on the property. Whenever you sell a house, you need to approach the deal in a business like manner. When you get the right information, you can create a home with an immense value. Start looking into your options now so that you know what to do next!

Rate this item
(1 Vote)
William Hayes

I am a financial marketing analyst based in California USA.

www.icduilawyer.com

Agent Resource

Limited time offer - 50% off - click here

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.