5 Tips on How to Increase your Home’s Price

Increasing the value of your home is not as hard as it sounds. Making small improvements, like upgrading your kitchen or even the living room, can improve your home’s value. Below are some home improvement ideas that will help you increase your home’s selling price.

Plan your Renovation Project

The quickest way to increase your home’s worth is by creating a strategy, irrespective of whether you have just bought the house or been there for some time.

Home improvements should be made deliberately and not on instinct. If it’s your new home, get to know the area that will need renovation, but if you have been there for a while, you already know what to do. Make sure you have a list of all the things you need to change and estimate the amount of time you will live in that house.  If you are planning to sell the house after the renovation, make sure to contact a realtor and establish a selling plan. The realtor will help place your home in the Yukon real estate listings.

Make it More Attractive

You need to make the best first impression of your home.

The outside of your house needs to make the potential buyer want to go inside instantly. Make sure that the landscape is well maintained. Make some improvements to make your yard stand out by planting some flowers or even repainting your door. After finishing with the exterior of your home, change your focus to the kitchen and the bathroom.

All kinds of buyers love focusing on the kitchen and the bathroom. Typically, the kitchen and the bathroom hold a precise influence over the latest trend of first-time homebuyers. Many homebuyers will choose a house that has a contemporary and updated kitchen instead of a traditional one.

Repaint the walls and the cabinets, update your hardware, and breathe a new life to your kitchen and the bathroom.

Cut the Energy Costs

The energy conservation features can have a significant impact on the worth of your home.

 

Consider making your home energy efficient by using double-paned windows, an attic insulator, efficient appliances, and LED lighting. Additionally, you can choose to put solar panels on your roof to increase the supposed property value. However, installing solar panels on the roof is the best way to increase your home’s energy efficiency, only if you are planning to increase the value over an extended period.

Make your Home Smart

Buyers are getting more interested in buying a home that comes with gizmos and gadgets. In some cases, Smart technology might not increase the home value but adds appeal. The good thing about adding smart technology to your home is that you can always do it yourself for less money.

Hire a Licensed Home Inspector

If you are planning to sell the house, make sure you contact a home inspector. You don’t want a sudden contract that indicates signs of rot or mold in your home. It is better to know the problems in advance and take care of it. A proper inspection report is likely to make the buyers feel good about the purchase and not ask for expensive repairs.

Remodeling can be time-saver when you are planning to sell your home. Sometimes, you can get doubtful to put in a little additional work and updates before selling it. It is normal to be cautious, and you sure don’t want to spend more time and money onto a house that you can get back when you sell it. Make sure to add the unexpected costs of selling your home on your budget to avoid surprise costs.

 

For live CPA exam prep and accounting classes, join Conference Room for free. Members will be notified of course dates, times, costs, and how to attend these courses.

 

Get your questions answered to pass the CPA exam, and to learn accounting concepts.

 

Go to Accounting Accidentally for 300+ blog posts and 450+ You Tube videos on accounting and finance:

 

Good luck!

Ken Boyd

Author: Cost Accounting for Dummies, Accounting All-In-One for Dummies, The CPA Exam for Dummies and 1,001 Accounting Questions for Dummies

(email) ken@stltest.net

(website and blog) http://www.accountingaccidentally.com/

 

The post 5 Tips on How to Increase your Home’s Price appeared first on Accounting Accidentally.