If you plan to sell your home this spring or summer, you might be wondering how you can increase the value of your home last minute. If your home is outdated and needs some improvements before you list it in the Houston real estate market, there are certain value-raising tactics that work better than others. As your Keller Williams Memorial real estate team, we’re here to fill you in on the best ones!
As a seller, it’s up to you if you want to have a pre-listing inspection done. This can be helpful to see what repairs are needed and what issues will arise when a buyer has an inspection done. Either way, there are simple repairs and upgrades you can do to make your home look and function better. Replace any rotting wood or leaks, get rid of mold, paint with a fresh coat of paint, power wash the exterior, sand and stain the deck, etc. Pay attention to the eyesores of your home, or annoying noises or smells, and work toward fixing them.
If you have an outdated home, but you can’t afford to upgrade the whole house, the kitchen might be the smartest room to update. Kitchens and bathrooms are the most popular rooms in a home, and the ones that buyers are most interested in. This doesn’t mean you have to do an entire kitchen overhaul. If fact, the return on investment is better for a basic kitchen remodel than a full blown one. Set a budget and see what you can do within that budget. Ideas include adding a backsplash, upgrade outdated appliances, paint your kitchen cabinets, or update the lighting fixtures.
Buyers are really into their outdoor space, especially somewhere like Houston, where temperatures are warm for most of the year! If yours could use some work, consider investing your time and funds into that space. Update your landscaping, fertilize your lawn, build a nice outdoor seating area, add a deck, or just clean up your space for ample curb appeal.
A smart rule of thumb to follow with upgrades is to ensure that your upgrades are energy efficient, as all buyers are interested in saving money on energy bills! Laura Bierman, an expert in all areas related to effective household management and a creative content director at the homeowner’s portal Youthful Home, advises: “If replacing appliances, choose Energy Star options. Pay attention to insulation options, lighting, replacement windows, etc. that can save energy in the long term.”
Every Houston home seller wants to get the most money possible for their home, so these ideas are a great place to start. Just remember, not all home upgrades are created equal when it comes to return on investment, so choose wisely!
If you have questions, or if you would like to get started on the home-selling process in the Houston real estate market, contact us! Our Keller Williams Memorial real estate team is here and ready to help!