There are a few tips and tricks you should implement if you want to increase home value before you sell your house in Milwaukee, Wisconsin.
According to a NerdWalley survey from 2018, 65% of homeowners believe the value of their home will keep on rising over the following ten years, but the Coronavirus pandemic has already proved that nothing can be certain.
Many factors that you don’t have any influence over determine the price of your home, such as the area you live in and the condition of the market. This can make you feel quite hopeless if you want to get some cash from your home sale.
Fortunately, there are a few ways you can increase home value while you’re preparing your Milwaukee home for sale. Here are some useful tips:
1. Make It Attractive
Let’s face it. Everyone wants a home that looks attractive. Unfortunately (or fortunately, for some), the outside of your Milwaukee home is the first thing people will see. This is why you have to make the curb appeal be the selling point of your house. If the exterior doesn’t invite a prospective buyer to walk through the door, your home isn’t likely to sell.
The best way to increase home value is to ensure the landscape is well-maintained. Don’t allow it to be dull. Plant flowers or repaint the front door. Maybe change the window frames if they are damaged. Your house mustn’t look worse than your neighbor’s.
When the exterior looks good, focus on the bathroom and kitchen. These are next areas people will look at when they are considering purchasing your property. If they aren’t looking adequate, your property cannot reach its highest valuation.
2. Make It Low-Maintenance
One thing that bothers most home owners is how difficult it is to maintain a property. If a house needs constant maintenance, this means future owners will have to pay for all the repairs. This immediately makes your home drop in value.
If you make some major replacement right before you put the home up for a sale, this might make people calmer, since they know that is one huge repair they don’t have to think about. Just keep in mind that these repairs can cost a lot.
3. Make It More Energy-Efficient
Making your house more energy-efficient can help you increase home value by a lot, especially in certain parts of the country. There are even energy-efficient mortgages (EEMs) that can be used to purchase an energy-efficient home. This increases the pool of buyers.
Led lightning, double-paned windows, attic insulation, and efficient appliances can help you increase home value and invite energy-conscious buyers. You may even add solar panels on your roof, as this can make your home value skyrocket.
4. Make It Larger
Another thing that impacts value is square footage. One of the main ways to increase home value is to make your property larger. This doesn’t mean you should build an entire new part of your house. You may simply add a new room, build a deck or finish the basement.
5. Make It Smarter
Smart houses are becoming increasingly sought-after. Most home buyers want to add smart technologies into their homes, so they will prefer homes that have already implemented this. This includes fire detectors, carbon monoxide detectors, thermostats, door locks, security cameras, lighting, and door locks.
Smart devices don’t increase home value as such. However, they do increase the overall appeal, and so-called “techies” are likely to pay more for these houses. Not to mention that these additions won’t cost as much as, for example, renovating your bathroom.
Can You Sell A House Without These Upgrades?
While these upgrades increase home value, they also cost a fine sum of money. In fact, if you don’t do the right advertising (another costly thing), you may have done them in vain. Not to mention that there isn’t a guarantee that you’ll actually manage to increase the amount of money you’ll get. Actually, many houses listed on the MLS never sell. Even if you do sell it, chances are you’ll spend more during the home preparation process than you would profit after the sale.
The best way to sell your house without worrying about making these costs, the best thing you can do is to sell your house to a direct buyer, such as Sparks Property Investors LLC. Direct buyers will buy your house even if it isn’t in the best possible condition. They’ll take it upon themselves to make all the repairs, and they won’t care if your house isn’t in top-notch condition. They’ll even buy your house if you’re nearing foreclosure!
With Sparks Property Investors LLC, you don’t have to worry about sale expenses, as we’ll pay for everything! Not to mention that we’ll pay in cash. This means you’ll get your money much faster than you were with a traditional sale. Not dealing with banks can also help us close the sale for up to 7 days!