You might have thought that you’d never get into the real estate market. You don’t have to go to school or become a real estate agent, however, to take part in this lucrative industry. All you have to do is buy, own, and/or sell a home.
It’s important to note that roughly 84% of people who have invested in real estate indicated that they will make another real estate investment in the future. Before you decide to either list your home or start planning to dip your toes into the real estate sector, you should know how to maximize your property’s value. Here are some great tips for improving your home in order to maximize its resale value if you ever decide to list your property on the market:
Upgrade Your Home’s Appliances
Approximately 84% of all homes in the U.S. have some kind of air conditioning. In fact, the U.S. uses more air conditioning than all other nations combined.
When you do decide to list your home on the market, and prospective buyers begin coming to your house to check everything out, one of the first things they’re going to look at is the appliances. If you have old, worn-down, and rickety AC units, laundry units, and other appliances, they’ll likely do all they can to talk down the asking price — and they’ll probably be successful.
In order to avoid losing out on all that extra cash, however, it’s a simple fix: upgrade everything! It might cost a bit upfront, sure, but it will be well worth it once you can list your home for its maximum value — and you won’t be sacrificing potentially thousands of dollars because of all the old appliances.
Keep Everything Clean and Then Clean It Again
Far too many homeowners only do one deep clean of their property — a day or two before potential buyers start knocking on their door. That’s a good idea for the most part, but you’re going to need to do a lot more cleaning than that. Whether you’re going to sell your home or not, you should be deep cleaning your entire property at least once or twice a month. We’re not talking about simply washing all those loads of laundry and vacuuming, either.
You need to clean everything: your windows (inside and out), your floors, dust every item in your home (don’t forget ceiling fans), scrub everything in your bathrooms, and remove all that clutter! Once everything is thoroughly cleaned… clean it again! It will be well worth it.
Deweed Your Yard
Outdoor landscaping can boost your home’s value anywhere from 5% to as much as 20%! You don’t have to use expensive harsh chemicals to improve your landscape, either. Baking soda, salt, vinegar, and a splash of vodka can actually serve as a great weed killer. Additionally, using corn gluten can suppress weed seeds even before they begin to sprout.
Make no mistake, your landscape is an integral part of your entire property — and its resale value will fluctuate depending on how your yard actually looks.
Don’t Forget About Speaking With Real Estate Agents
You should never go through any major homeowner process all alone. Especially if you aren’t 100% of all the various ins and outs of real estate. That’s where real estate agents and professionals come into play. Roughly 78% of recent buyers found their real estate agent to be a very useful information source.
It’s time to get to work around your home! Even if you’re not planning on selling in the next few months or even years, it’s always a great idea to maximize your home’s value. Consider all kinds of DIY projects to improve the look and feel of your home, and guarantee you some extra cash later on.