Today home values are through the roof. The lack of inventory and buyer’s demand continues to push housing prices up. This is the time for those who are thinking about listing their home to sell. Using a Realtor can help you with this process and guide you through the listing to the sale of your home. According to the National Associations of Realtors getting your home ready for the housing market is important.
Curb appeal and a nice move-in ready home sells faster and for a higher price. Investing money in your home in order to sell is actually a wise decision. Here are four ways you can increase the value of your home even in this sellers’ market.
1. Install a New Roof
Nothing like an old dirty roof to hinder the curb appeal of your home. A roof is a big expense and one a new buyer might not want to tackle once purchasing a home. New roofs are on the top of the list when it comes to exterior upgrades to buyers. A reliable roof is one of the most important factors Realtors say buyers are looking for.
The GAF survey revealed that the 380 real estate agents and certified appraisers survey believes that a new roof 100% increases a home’s value. A new roof is your friend when it comes to a home inspection. An inspection will reveal a roof’s damage and it will need to be addressed.
2. Update Landscaping
Even if you are not a professional in the industry, you must know that great curb appeal is very important. A buyer will pay a premium for a home that has great curb appeal. Make sure your lawn is healthy and trimmed.
Also, landscaping can do wonders. Make sure you have plenty of nice trees, bushes, or flowering plants in both your front and backyard. Plants should be native to your community so they will thrive.
3. Install a New Garage Door
Another important asset to a home is the garage door. An updated garage door does increase the value of a home. The 2020 Cost vs. Value Report says that in the East South Central states in the U.S. new garage doors add 132.7% return on investment.
4. Repave the Driveway
A cracked dirty driveway hinders the curb appeal and the value of a home. A cracked driveway just means more expenses to a buyer. A buyer might think there are other issues with a home that have not been addressed when they see an unkempt driveway. If you cannot replace a driveway, at least have it pressured washed which will improve its look.
A professional Realtor can help you with any updates, repairs, or staging before you sell your home. These tips can help you get the best bang for your buck.