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You are here: Home / Blog / Strategies to Up the Value of Your Home

Strategies to Up the Value of Your Home

August 16, 2019 John Kynor Leave a Comment

The housing market in many parts of the country has become pretty competitive. What this means is that you need to make sure you’re on the top of your game when it comes to putting your home on the market for sale. There are some basic strategies you need to consider employing to up the value of your home before you put it on the market.

The Two Rooms that Really Matter

When it comes to residential property, there are two rooms that consistently are at the top of the list of important parts of a home among people looking to buy a new residence. The kitchen and the bathroom are rooms in a residence that buyers will nearly always focus on.

When you are working to identify strategies to up the value of your home, you need to particularly focus on these two rooms. With that noted, you can actually refresh the appearance of your kitchen and bathroom fairly simply and even in an economical manner.

One tactic you can employ for these two important rooms is to change out the hardware in these spaces. This can include faucets and knobs on sinks as well as knobs or handles on cabinets or cupboards. (Don’t forget a consideration of a change out of hardware on the shower of bathtub as well.) You can also do a change out on cabinet doors, or simply stain or paint them a new color.

If you want to invest a bit more money in these two primary rooms in your home in advance of putting it up for sale, you can consider replacing counters. You actually have a broad range of choices when it comes to countertops for both the kitchen and bathroom.

You don’t want to go too far overboard when it comes to replacing counters as a sales strategy. You need to make sure that you focus on a type of counter that enhances the appearance of your home but isn’t so costly, your investment in the chance won’t be recouped via the sales price of the property.

Home Audio System

When it comes to strategies to up the value of your home, think sound. You can install or update a home audio system, a step that will make your home more appealing to nearly any prospective buyer.

In thinking about what to do when it comes to a home audio system, think comprehensive. Think about updating or installing a home audio system that will encompass multiple rooms in the residence. The system should be structured in way in which the same music can be played throughout the residence, if desired. In addition, the system should be designed in a manner that permits individual rooms to have separate sound at any time desired.

When you are having an open house, or an individual showing of your home, a solid audio system can play a key role in your overall staging efforts. By selecting appropriate background music, you can enhance the overall feel of your home when you are showing it off to potential buyers.

There is a great deal of flexibility in what you invest in when it comes to a home audio system. You can make changes, or add a new system, and keep within a reasonable budget.

Paint can do Magic

If you want to conserve what you spend on preparing your home to go on the market by upping its value, never underestimate the role fresh paint can play. This includes both fresh exterior and interior paint.

A fresh paint job on the exterior of your residence can be valuable in improving the curb appeal of your residence. Curb appeal is what catches the attention of a prospective buyer in the first instance. If you home looks vibrant and well taken care of, buyers will want to see more of your property. If your home’s exterior appears tired and dated, rather than stop in and take a closer look at your residence, a possible buyer will drive on.

One additional note about painting. You certainly can undertake a pre-market paint project on your own. Painting is not the most complicated of tasks. However, it does require a level of skill and ability to ensure that an interior or exterior are properly painted. You can save money on painting your home yourself. However, you need to weigh what you might be able to save against how well you think you will do on the project. You also need to consider whether you really think you will have the time to do painting yourself.

Jessica Kane is a writer for Silver Superstore, home of the internet’s best flatware.

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Filed Under: Blog, Featured Blog Posts, Selling Your Home Tagged With: Adding Home Value, home tips, Home Value

About John Kynor

John Kynor is the Founder, CEO & Qualifying Broker of Q Realty®. John has enjoyed over 15 years in Albuquerque real estate and is a multi-million dollar producer. He founded Q Realty® in 2012, which quickly became one of the top real estate companies in Albuquerque ("The Q"). Contact John at John@Qrealty.com with any questions.

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