Getting ready to sell your home? You will want to maximize the home appraisal value so that you can get as much money for your home as possible and there are all kinds of big and small ways that you can do this.
It is worth taking some time to increase the home appraisal value as in addition to helping you to get more money for your home, you should also find that it makes it easier to find buyers and could even drum up a bidding war.
There are many obvious ways to add value that can cost a fortune, but what about when you are working with a budget? Fortunately, there are a number of budget-friendly options that could make a big difference. So, if you are planning on selling your house anytime soon, then read on for a few of the best ways to increase the home appraisal value.
Minor Repairs
First, you should get any minor repair work that needs doing carried out. There are all kinds of small issues that a house might have that don't need immediate attention, but these will deter potential buyers and would allow them to negotiate a lower cost.
Often, minor repairs you can do yourself or you can hire someone without breaking the bank. A house that does not need any work doing will add value while also making it more enticing to buyers.
Minor repairs can include improving the utility systems of the home, like the type of gas that is connected to it. In some areas, homeowners can choose which service provider and type of connection they would like to have. To assist them in making this important decision, they can consult the natural gas comparison site for more information.
Some natural gas suppliers may have specifications that the homeowner should comply with, which may need minor adjustments or repairs.
Improve the Curb Appeal
People form their first impression of a home from the outside and this means that you want to make your home as attractive as possible from the curb. Improving the curb appeal is a smart way to add value and make the property more appealing, plus there are many ways that you can do this without spending too much. A few of the best ways to improve curb appeal include:
- Painting the front door
- New front door furniture
- Power-washing the pathway
- Washing the home's exterior
- Landscaping the front garden
- Cleaning the windows
Make the Home Energy-Efficient
Energy efficiency is a major trend in real estate right now with so many people looking to reduce their environmental impact (and reduce household costs). If you are working on a budget, options like solar panel installation may be out of reach, but there are other more affordable options. These include:
- Attic insulation
- Double glazing
- Energy-efficient appliances
- New boiler
- Smart thermostat
Attic/Basement Conversion
An extension is one of the best ways to add value to a home, but it is also a major cost to cover. Therefore, a cheaper option is to have an attic/basement conversion that would allow you to increase the living space in the home without building a new structure.
This is particularly worthwhile right now with so many people working remotely, so properties with space for a home office are heavily in demand. Converting either of these spaces will be a cost to cover and take some time to complete, but if you want to add to your home appraisal value, then this is one of the best options and should be viewed as an investment.
Kitchen Remodel
The kitchen is one of the most important spaces in the home, but it is also an area that can become worn over the years. A modern kitchen remodel can make the space much more practical, attractive, and welcoming and add a significant amount of value.
New appliances, modern countertops, smart storage solutions, stylish lighting, and features like a kitchen island can transform a shabby kitchen into an attractive space.
Remodeling the kitchen could be challenging on a budget and you will not want to cut corners, so it might be worthwhile arranging a Plenti renovation loan. You can get home improvements loans tailored to your needs and the added value that you get should help to make repayments much easier to manage (especially if spread out over a number of years).
Bathroom Upgrades
Another space that can become worn over time is the bathroom. A dingy, worn, and unclean bathroom is the fastest way to deter a potential buyer, so this is often a space that needs some attention.
Remodeling the space is certainly worth considering and, as above, you could take out a renovation loan to cover the costs. There are other more affordable upgrades that you could make, though, such as:
- Deep cleaning
- New tiles
- A new toilet
- New faucets and fixtures
- New lighting
- A new shower
Decorating
How a property is decorated should not have an impact on a potential buyer, but it inevitably does play into how they feel about the property. A home that is tastefully decorated will always be more appealing to a potential buyer than one that has not been decorated for many years, so it is worth spending some time decorating before putting the home on the market and this can add value.
Painting the walls, cleaning the carpet/flooring, new lighting, and new furniture can revitalize the space and show a potential buyer what they could do with the property (staging).
Declutter and Remove Personality
Finally, it is important that potential buyers can envisage themselves living in the home. This is hard to do if your laundry is out to dry, there are photos of family everywhere and a pet running around the house.
Before receiving a home value appraisal, you should take the time to declutter the home and remove your personality from it. This might include throwing things out/putting items in storage, deep cleaning the home, and making it as neutral as possible. This should help to add value and make it easier to find a buyer.
Increase Home Appraisal Value With These Tips
Hopefully, this post will help you to increase your home appraisal value so that you can get as much as possible from the sale. A smart homeowner will always take the time to improve their property before putting it on the market and you don't always have to spend a fortune to increase value.
Enjoy this post? Check out our other home improvement articles for further ideas.