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3 Ways to Increase Your Home Value

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3 Ways to Increase Your Home Value

If you are selling your home, the process of getting the biggest return on your value can be overwhelming. However, avoiding or miscalculating the best upgrades on your home can make you lose potential profit. To organize the process, the Northeast Iowa Regional Board of REALTORS® offers these key ways to boost your home value.

1.) Bigger is Not Always Better

Selling your home doesn’t just depend on massive overhauls. The smallest changes can have the biggest impact. To start, look at each room individually and see what upgrades can be made to catch a potential buyers’ eye. Simple fixes such as switching facets to stainless steel or upgrading light covers and vents can make a world of difference. Replacing doors and window treatments can also be beneficial. Fresh paint is a surefire way to brighten up any room but it can be labor and time intensive. To save on resources, try incorporating a warm or jewel-toned accent wall. Doing so will not only help you avoid repainting the entire room, but it adds a unique pop of color that is sure to make a statement.

2.) Change Your Perspective

Parting with your home can be difficult. However, personal effects can dismay buyers and prevent them from seeing the full potential. It’s time to view your house as a property and shelf family photos and memorabilia. Remove knick-knacks and display upgraded artwork. Replace worn out furniture in the living areas and remove old drapes around the windows. In the kitchen, incorporate an elegant wine rack and new touches such as a hanging pots and pan rack. Above all, keep it clean. By eliminating clutter and creating a showroom-worthy presentation, buyers can see themselves in the home, instead of feeling like they are intruding upon your personal space.

3.) Know the Points of Interest

When upgrading rooms, it’s important to recognize the key areas of interest. By investing more time in your kitchen and bathroom, your resale value could benefit greatly. If the cost of a perspective overhaul is turning you away, remember that you can concentrate on smaller and more cost-effective changes. Add warmer lighting to your bathroom and focus on upgrading the sink. For big statements, such as granite countertops, avoid the larger areas of the kitchen and incorporate these in the bathroom instead to cut the cost of materials. To improve the kitchen, adding back tile to your sink can make a dramatic difference at a limited price. Additionally, investing in a rolling island is a huge selling point. Not only is it functional and eye-catching but it gives the potential buyers a principal point when they enter.

 

Taking steps to increase your home value can pay dividends once it hits the market. By utilizing these tips, you can help ensure that you get the most for your investment. To further enhance the value to your home, the team at Northeast Iowa Regional Board of REALTORS® is here to help. Contact us today to find out more.
Homeownership! Building Communities One Dream at a Time. Visit www.IowaRealtors.com.