5 Ways To Boost Resale Value

by Lucky Chan 09/15/2019

If you intend to sell your home, your goal is to get more for it than what you paid. That goal can become achievable if your house is still attractive. But, in a case where the paint in your house is falling off the kitchen cabinets, the fence is wobbly, and every room seems to be tired-looking, then a home renovation is the best way to get the best resale value for your home. 

A home renovation helps you boost your home's appraisal value, but before you begin renovating, it is essential to know which projects will raise your home’s worth. Which renovations can boost your home's selling price? 

Upgrade the kitchen.

Installing new appliances and cabinetry usually will cost you a pretty penny, but you can easily give your kitchen a face-lift by making some affordable cosmetic changes. Painting cabinets a neutral color is a perfect way to cover up scratches without breaking the bank. Putting sparkling new knobs on cabinets and purchasing new faucets for the sink make it fresh and appealing to the eyes. Install an island if you have the budget. Potential home buyers make a beeline for the kitchen when they first view a home for sale, so ensure this room looks clean and reasonably upgraded to attract families with children.

Dress Up the Bathroom.

When it comes to increasing your home value, the bathroom is almost as essential as the kitchen. If your toilet is dirty, old, or doesn't flush properly, it is a turn-off to any potential buyer. A new shower, bathtub, or toilet will be a great value booster. Another great value booster? Bring natural light in the bathroom by adding a window and installing a glass shower door.

Go Green. 

The demand for energy-efficient houses is on the rise thus making your home more green will increase its value. Anything that helps keep heat in your home during the winter months and out during the summer months is a huge plus. Furthermore, you can put solar panels on the roof for sustainable power generation as well as installing energy-saving LED light bulbs.

Go Smart.

Affordable smart gadgets like fire detectors, security cameras, carbon monoxide detectors, and learning thermostats will incredibly boost your home value. You will be sure to get more than what you spent on installing these devices, especially when you meet a "techie" buyer.

Don't Forget the Outside.

For many home buyers, what your home looks like on the outside is as essential as what it looks like on the inside. Painting the door, getting a new doormat, trimming the shrubs, putting some potted plants on the front porch, removing debris from the gutters, raking up old leaves, buying a new mailbox, and replacing the door knobs and even improving the yard fence will increase your home value without busting your budget. 

Speak to your real estate agent to know what home buyers in your area are looking for so that you give yourself the best chance of getting a quick sale on the market.

About the Author
Author

Lucky Chan

Lucky Chan is a full-time real estate professional specializing in the San Francisco Bay Area market. His goal is to preserve his client’s peace of mind, help build real estate wealth and lead them through the complexities of buying or selling a home. 

Lucky Chan has earned the Certified Residential Specialist (CRS) and Graduate Realtor Institute designation (GRI). Fewer than 4% of REALTORS nationwide have earned these credentials, which assures buyers and sellers that their agent is ethical technologically advanced and will help them to achieve maximum profits and minimizing costs when buying or selling a home. 

He will listen to your needs, answer your questions, and creatively tackle any challenges that may arise.

Lucky Chan 415-337-7110 or email [email protected]