When it comes time to sell your property, you’ll want the most profit possible while at the same time, creating value for homebuyers. Increasing the value will bring more prospective buyers through the front door and potentially more offers on the table, resulting in a higher sales price. However, may want to price it the lower than your closest competition and add more value.
Here are three simple ways to boost the value of your Farmington Hills, West Bloomfield, or Bloomfield Township home.
#1. Add space.
Buyers want to see that the house has a lot of additional or extra space. A great way to do this is to remove half of the items from closets, drawers, cupboards and pantries. It shows that there is plenty of room to grow and will make smaller rooms seem larger. If you need to create more space consider knocking down a non-loadbearing wall to open rooms up to each other however, this can be difficult if you have a limited number of rooms. If you have four or five bedrooms, knocking a wall down to create a larger family room might make more sense. Taking a three bedroom home, however, and turning it into two bedrooms may actually decrease the value. Talk to your real estate agent about the best way to add space to your existing home.
#2. Make sure there is enough lighting.
One of the biggest enhancers of your home is a well-lit room. Natural lighting can obviously play a large part here but adding new windows, skylights, sun tunnels or warm lamps can really make a world of difference to each room. Make sure there is enough light and when you have a showing, open all the windows and curtains and turn on all the lights to make each room as bright and open as possible.
#3. Check the landscaping.
Many homebuyers will see a picture of the outside of the home before looking any further. Make them want to come in and view the rest of the home by creating outstanding landscaping and curb appeal. A recent study of real estate brokers conducted by Home Gain discovered that a $100-$500 investment in landscaping can get a return of up to four times that amount. Landscaping really is the very first impression your home will make to potential buyers.
To really make your landscaping stand out, take a look at your closest competition. Is their landscaping eye-catching? What can you do to make your home stand out better than your closest competition? Simply trimming the trees, bushes and making things look as neat and tidy as possible can make a huge difference.
Whatever you do, make sure you do all of the improvements to boost your home value before listing and marketing the property. Anyone that has seen the home without these improvements may simply toss the listing aside.
For more information, contact me today at: 248-752-3088. I’d love to help you walk through how to stage and set up your West Bloomfield, Farmington Hills, or Bloomfield Township area listing for the highest possible price.
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