Have you been living in your home for more than a year? Maybe you want to sell it and buy a new one that has the features you need. If that is the case, you’d better sell your home in the current market where there’s a robust demand for housing.
Apart from your goal of selling your home to motivated buyers, you also need to get a good price on your home. Even if you do not plan to sell this season, there are a number of things you can do to increase your asking price. Here are some tips to remember before you decide to register your home.
Check out the comparison
When setting a good selling price for your home, you should look at prices for similar properties in your neighborhood. With the help of local residents real estate professional, you can carry out a comparative market analysis and determine the average selling price in your area. From here, you can decide whether to sell at the same price range or make improvements that can give your property more exposure and a higher price label.
Handles minor and major repairs
Your selling price is related to the value of your home. One way to improve it’s to tackle structural and cosmetic repairs. Regular wear and tear can damage every component of your home. On top of that, there’s also rain, sleet, and mold that can provide any buyer with a good excuse to negotiate a lower cost. For this reason, make sure to repair any visible defects. Minor issues like leaky pipes can be fixed by yourself, but you need to find the right contractor for such things roof repair and mold removal.
Get new equipment
Although it seems expensive to replace outdated and out of date equipment with a new model, it can potentially increase the value of your home. Today’s buyers want a home that feels fresh, and they also want to use the latest technology that will not add to their monthly energy bill. Investing in a new dishwasher and fridge system can help you justify the high price label for your home.
Increase curb appeal through landscaping
In addition to functionality, buyers also want a home that looks lovely from the outside. This is called curb appeal, and plays a crucial role in attracting buyers who are ready to buy your home. There are several ways to increase curb appeal, but proper garden care and landscaping are some of the best.
Consider trimming the bushes and keeping the grass lush and green. You can even call a local garden center and look for plants that can help make your property stand out. When done right, your landscaping project will add almost $10,000 to the selling price of your home.
If selling your home is on your list of long-term goals, you need to understand how you can get a better price at the negotiating table. These tips will get you started.