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How to Sell Your Home for More Money

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How to Sell Your Home for More Money
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Homes lose value over time due to aging, wear and tear, major renovations or repairs that must be completed promptly, and other factors. This negatively impacts your house’s sales price, meaning you’ll sell it for less. Fortunately, there’s a lot you can do to preserve your property’s value and raise its sales price. Let’s explore how you can sell your home for more money.

Invest in profitable renovations and repairs

Your home’s current condition significantly influences how much it sells for. Completing a home inspection before listing it for sale can help you identify what you can fix to raise the resale value. Renovations that boost your sale price include:

  • Kitchen renovation: The kitchen is a major selling point. Consider installing new cabinets, investing in smart kitchen appliances, and adding kitchen furniture accessories for a higher sale price
  • Swimming pool renovation: A swimming pool is the centerpiece of your backyard, and you don’t want it to have signs of wear and tear when you want to sell your property. Be sure to replace outdated tiles or finishes, upgrade equipment like heaters and pumps, and upgrade the lighting.
  • Bathroom renovation: You can modernize and replace fixtures, enlarge the bathroom, upgrade the vanity, and add mirrors to increase your property’s resale valueInvest in property styling

Property styling is a great way to prepare your house for sale. It involves enhancing your home’s overall appearance by showcasing its best features or showing it off in the best light possible. Property styling creates an inviting space using existing or new furniture and accessories. It makes your home more attractive and appealing to prospective buyers.

While you can style your home yourself, investing in professional property styling can be profitable. This is because it’s done by experts who understand what drives buyers and will collaborate with the best real estate agents to develop strategic property styling plans that guarantee a substantial ROI (return on investment). Alongside driving up your sale price, styling your home makes it sell faster.

Collaborate with a real estate agent

While many homeowners opt for the FSBO (For Sale By Owner) technique when selling their homes, the lack of experience may result in unprofitable sales. Partnering with a skilled real estate agent can help you sell your property for more. These professionals understand the market well and develop a pricing strategy that gets you more value for your house upon selling. Real estate agents can pinpoint minor faults that, once corrected, can significantly raise your home’s sale price. Additionally, leveraging their excellent negotiation skills can help sell your property at a higher price.

Enhance curb appeal

Curb appeal significantly influences your home’s sale price. Your property’s exterior is the first thing prospects see when viewing your property, impacting their first impression. If it’s appealing, your home will be more attractive to potential buyers. This will result in your house selling quickly and for more. To enhance your curb appeal, consider:

  • Refreshing the landscaping: A professional landscaping service can help boost your home’s overall appeal
  • Repaint the house: If you’ve had your exterior paint for a long time, it might have already started chipping and cracking. A fresh coat of paint can elevate your curb appeal

Endnote

While properties depreciate over time, there’s always something you can do to improve your home’s resale value. Property styling, hiring a real estate agent, enhancing curb appeal, and more can help sell your home for more.

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Written by
illustrarch Team

illustrarch is your daily dose of architecture. Leading community designed for all lovers of illustration and #drawing.

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