If you’re thinking of moving soon, you’re probably focused on preparing to buy your new home. While tending to things like determining what you can afford and getting pre-approved for a mortgage are important steps in the moving process, though, it’s also good to take some time to think about your current house as well.
Here are a few of the most effective renovation projects to consider in order to increase both the value and sellability of your home before you put it up on the market.
Invest in Landscaping
Curbside appeal is a classic selling factor with any home. It doesn’t matter if you’re working with a massive rural estate, the restricted yard of a suburban townhouse, or a solitary front door for a tiny flat in the city, it’s always important to address the condition of the outside of your home.
When it comes to renovations aimed at selling your house, in particular, always remember to focus on looks over functionality. That isn’t to say that you should make shallow repairs to your home. On the contrary, all of your home renovation projects should be done with an eye towards longevity. However, when preparing to sell, it’s important to focus on projects that will increase the appearance of your home and make it more attractive to a home buyer.
For instance, this isn’t the time to invest in a new metal roof if the current asphalt one doesn’t have any problems. However, there are several smaller, more effective projects worth doing, such as:
- Putting in a nice exterior garden.
- Replacing your front door.
- Renting a power washer to clean your siding.
- Putting up a nice shed.
Freshen Things Up with a Coat of Paint
Paint is the most cost-effective way to spruce up any home, inside and out. Giving your home’s exterior a bright, clean new look can really help it pop in the minds of buyers as they arrive on the premises.
In addition, painting interior rooms can do wonders when it comes to freshening up a space. Try to use bright, simple colours, such as whites, tans, and greys in order to appeal to as many people as possible.
Give the Bathrooms and Kitchen a Once Over
The bathrooms and kitchen are simultaneously the most important and the most dangerous areas to renovate before a move. On the one hand, when one of these rooms is trendy, clean, updated, and functional, it can often have the most dramatic effect on the value of your home.
In fact, nearly every list of home improvements that add value to your home will include both bathroom and kitchen remodels on them. However, honest lists of this nature should also include the caveat that these remodels are helpful for selling your home when they’re done within reason.
If you’re going to sink tens of thousands of pounds into a new kitchen, make sure to do it at a time when you’ll be able to enjoy using the renovated room for a while. If you’re simply trying to improve your house’s value, though, you’re going to want to focus on specific, more affordable things like:
- Replacing countertops with reasonably priced alternatives.
- Painting or refacing cabinets.
- Swapping out hardware and fixtures.
- Adding new lighting.
Depending on the scale of the project, this kind of renovation can still get a bit pricey. Fortunately, there are many options to finance larger home improvement projects if money gets tight as you’re preparing for your move. And, of course, if you’re choosing your projects wisely, you should be able to recuperate that money and pay back the loan once the house sells.
Invest in Renovations that Help Stage Your Home
Staging your home won’t necessarily add monetary value to the sale price, but setting up a good presentation for potential buyers is certainly a significant factor when it comes to a home’s sellability. This is especially true for period homes where the charm of age must be offset with a certain level of modern sophistication.
If your home is older, a fresh coat of paint isn’t the only thing you can do to bring it into the modern era. You can also deck out your abode with tasteful modern tech that can help demonstrate the living space’s smart home potential to buyers. Put a home assistant out on a shelf in plain sight. Install a smart garage door system and have your agent use it during showings. If you’re feeling ambitious, you can even go for an entire smart security system to put buyer’s minds at ease.
Along with technology, it’s also worth considering any eco-friendly enhancements that will appeal to buyers. Take appliances as an example. If you can replace a dingy old refrigerator with a new one, you can get a moderately priced model that will likely be ten times more efficient — and that shiny new fridge will certainly give a greater “buy appeal” to your home.
Prioritize the Buyer
From bathrooms and kitchens to landscaping, painting, and staging, there are plenty of renovation projects that can make your home both more valuable and easier to sell. The essential thing to keep in mind as you set about making improvements is to prioritize the buyer.
With every decision that you make, look at things from the perspective of the person looking for a home. Let your own preferences slip to the background and focus on what will be attractive to the average home buyer right now. If you can do that, you should be able to sell your home quickly and at the best value possible.