Featured in the current edition of Consumer Reports (March 2015) are the top 5 ways to increase the value of your home.
Through various posts on this blog, I have cited the same important strategies to consider in order to boost the value of your home, whether you are selling or not. Here are the five from Consumer Reports:
- Clean Up & Clear Out: Grime, clutter and funky odors are big turn-offs to potential buyers. A messy homes screams I don’t care. It’s a negative message you don’t want to give. Integral to the cleaning process is decluttering and depersonalizing the space as much as possible. Your goal is to let buyers envision themselves in the home – so ditch the family pictures and personal effects, organize messy closets and get rid of clutter in every room as well as the garage. 41% of realtors say dirt, bad smells and clutter are the costliest home-selling mistakes.
- Invest in Your Kitchen: The kitchen remains one of the most important rooms in a home. If yours is outdated or in need of minor repairs, by all means spend the time and money to make it attractive and more functional. Simple and inexpensive improvements include: updating cabinet hardware, fixing and/or replacing leaky faucets, painting the walls and adding new curtains. It’s the little things that make a big difference. 53% of realtors say the kitchen needs to be in good shape before selling.
- Bathroom Upgrades: Buyers are interested in well-maintained homes, especially in bathrooms. Again, simple improvements can go a long way – caulk the tub, re-grout tile, install new fixtures, paint, and upgrade mirrors and lighting. 42% of realtors say the bathroom needs to be in good shape before selling.
- Paint: A fresh coat of paint can do miracles. Choose neutral colors, white trim. 16% of realtors say interior painting is essential in promoting the sale of a home.
- Enhance Your Home’s Exterior: Better known as curb appeal. Be sure your lawn is mowed, keep shrubs, plants and flowers trimmed, paint/stain the front door, replace cracked siding boards or repoint brick, power wash the house and be sure your roof is in good condition. 31% of realtors say the roof is one the more important parts of the home to have in good shape.