Top Tips to Increase Your Property’s Value
When you’re preparing to sell your home and list on the Calgary MLS, you’re often stumped as to what you might do to increase its value. The MLS listing price and the final selling price will be affected disproportionately by some features while others will not raise its value at all. Choose those areas of your home that you can reasonably afford to fix up.
It’ll be a challenge to determine whether you should fix up flooring, evidence of water damage, roofing, or other major turnoffs for buyers. You might want to get a real estate agent help you figure out what is most important to increase the value and attraction to buyers.
Here are some top priorities for increasing your home’s value:
Kitchen Cabinets: Female buyers are particularly observant and impressionable regarding kitchens and bathrooms. If your cabinets look run down, out of style, or just aren’t sufficient, this is where you might get the best return on your renovation dollar. You can reface the cabinets which is the most visible part. Always go for real wood products and consider which types of woods are popular right now. It might not be oak. Replace the handles and other hardware such as the drawer slides. There are modern ones that close slowly that are impressive to buyers.
Kitchen Hardware: Upgrading your plumbing fixtures to the latest styles is a great way of making the right impression. Those with copper, brass and other high end finishes are excellent.
Upgrade your Kitchen Countertops. There are plenty of countertop styles to choose from including marble, slate and laminate types. Plastic laminate are at the bottom of the price scale and concrete and granite are the higher grade. Composite granite/resin types give a great look of granite without the high price.
Flooring. Choose new flooring that is resilient and lasting. Hardwood floors are an excellent choice yet some laminates may work better. They still look like hardwood but can take the beating of high traffic areas and children and pets.
Master Bathroom: This is very important. If possible replace the sinks, toilets and showers. No one wants to take over someone else’s dirty, outdated bathroom. They cringe at the amount of work and cost needed and will be relieved if they don’t have to do it. This is a huge factor for women. Choose a clean, modern style with some spa like features. Rainshower shower faucets, jetted oversize tubs, and double sinks are especially cherished.
Lawns and Landscaping: The curb appeal of the home is very important even in MLS listing photos. If they don’t like the look of it, they won’t bother visiting. Don’t kill your prospects before they’ve seen the home. Do some lawn care, plant seed, fertilize, and trim the trees and vegetation.
There’s plenty more you can do to increase the value of your home. The best advice is to use a professional realtor. Whether you’re choosing Denver, Chicago, Vancouver or Calgary homes, the advice is the same; use a real estate agent or real estate broker. They know how to make the best of your particular property and house. The return on investment in hiring a broker is well beyond the commission they charge. It is well worth it.
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Home Inspection is a process that all homeowners have to familiarize themselves with. This is a process that you have to know whether you’re buying or selling a property. It will serve you well to be aware of what happens during home inspections because it determines if a property is fit to be lived in. The procedure is so important especially when for home buyers which is why it is included in the provisions of purchase agreements.