If you are thinking about selling your home, there is a lot of work that will need to be done. You will need to determine an asking price for your home, which can be done after you have researched other similar properties in the neighborhood. You must list and market your property and decide on your next home.
Getting your home ready for market is one of the most important steps. You should expect to host open house showings soon after your home has been listed. In a competitive market, you will need to do all that you can to make your house stand out above the rest.
Selling a home in Tennessee is not always easy. The entire process can take several weeks or months from start to finish. You can still achieve your goal. It just takes proper planning, determination, and patience.
Here are 23 great ways to increase the value of your home:
- 1. Take care of your roof.
- 2. Polish floors and replace carpeting.
- 3. Upgrade your countertops.
- 4. Remodel your bathroom.
- 5. Be creative with your landscaping.
- 6. Look at your gutters.
- 7. Plant a few trees if you can.
- 8. Clean your home thoroughly.
- 9. Add some energy-efficient lighting.
- 10. Finish your basement.
- 11. Upgrade your master bedroom.
- 12. Add extra storage.
- 13. Decrease energy costs with a programmable thermostat.
- 15. Paint your walls.
- 16. Add or expand a deck.
- 17. Repair or replace siding.
- 18. Have an open floor plan.
- 19. Add or expand an outdoor patio.
- 20. Reduce clutter.
- 21. Replace furniture and appliances.
- 22. Attend to any maintenance or repairs that need to be made.
- 23. Check your insulation.
- Have Questions? Ask The Lumiere Team!
1. Take care of your roof.
Roof repair can be rather time-consuming and costly. Take a few minutes to inspect your roof’s condition. Fix any gaps that may exist and replace any shingles that are worn. You can also paint your roof if you want to add resale value to your home.
2. Polish floors and replace carpeting.
Well-worn floors and carpets are usually a turnoff for most prospective home buyers. Most of them are not looking for a place that needs a good fix-up. It can also leave them guessing that other things may be wrong with your home.
Now is a good time to repair, repolish or replace your floors. You can use flooring made from wood, stone, ceramics, vinyl, bamboo, and other materials if you are replacing the current flooring.
You can also remove carpeting to highlight flooring or buy new carpets to match the color schemes for different rooms in your home.
3. Upgrade your countertops.
Kitchens are one of the most used rooms of any home. They are also a key selling point for many home buyers. That is why it is important to make your kitchen a focal point for open house visitors.
You can upgrade to wood, tile, marble, concrete, stone, glass, quartz, marble or granite countertops.
Many of these materials last a long time and provide a significant return on investment. They improve the aesthetics and functionality of your kitchen and make it a gathering place for family and friends.
4. Remodel your bathroom.
Bathrooms are another point of interest for most potential buyers. Bathrooms should be clean and efficient. It may be time to upgrade your tub, shower or sink.
You could add an additional bathroom if you prefer, as home buyers are often looking for a property that has as many bathrooms as there are bedrooms.
5. Be creative with your landscaping.
You can design unique landscapes for your front and back lawn, no matter how big or small your lot is. You can make more space for flowers and other plants or expand on your current landscaping.
Design something unique that will be sure to draw people’s attention. You can buy new supplies or recycle old materials if you want.
6. Look at your gutters.
Downspouts and gutters help keep your home’s foundation intact. Clogged or leaky gutters can create more problems over time.
Spend a few hours cleaning your gutters or replacing them if necessary. There are plenty of maintenance-free models on the market today that keep leaves, rain, and snow out.
7. Plant a few trees if you can.
Trees are a nice complement to a person’s property. They are visually appealing and can help you manage your yard.
Trees can also save money on your overall cooling costs. Picking out a few nice trees for your front and/or backyard will work wonders towards improving your property’s beauty and bringing potential buyers your way.
8. Clean your home thoroughly.
One of the first things that you should do before the first open house showing is to clean the interior and exterior of your home from top to bottom.
Make sure that no surface or storage area is left untouched. You can do all the work by yourself or you can hire a professional cleaning service to get the job done for you.
9. Add some energy-efficient lighting.
As you are cleaning, you may take a few moments to notice your light fixtures. If you have been meaning to upgrade or replace some of them, now is the perfect time to do so.
There are many kinds of light fixtures and energy-efficient light bulbs to choose from. They can give your home a more modern look and feel.
10. Finish your basement.
Basements can quickly add more living space to a home. You can build bedrooms, living rooms, game rooms or even a home office.
Finished basements are an easy way of adding extra value to your home. The costs are well worth it in the long run.
11. Upgrade your master bedroom.
Turning your master bedroom into a master suite is another way of increasing interest in your house. You can make as many or little changes as you would like.
The room should be warm and inviting. It should give interested parties every reason to put your home on the top of their list.
12. Add extra storage.
A common problem that many homeowners face is not having enough storage. Investing in extra desks and storage cabinets can help, but sometimes that is not enough.
Converting unused walls into bookshelves or other storage can provide the extra storage space while helping homeowners declutter their lives at the same time.
13. Decrease energy costs with a programmable thermostat.
Programmable thermostats make it easier to maintain a home’s internal temperature. They can be programmed to comfortable settings in summer, winter and when you are away from home. They will also save money in the long run.
15. Paint your walls.
Your interior walls could probably use a fresh coat of paint or two. Painting is a good way to get exercise while you work.
You can change color schemes to match your furnishings or just add brightness and vibrance to a room.
16. Add or expand a deck.
Decks are good ways of adding value to a house. They add more exterior space and can be a good place to enjoy birthdays, holidays, and other special events with family, friends, and neighbors.
If you already have a deck, you can paint, stain, and replace existing boards as you see fit. You can also expand your deck if you need more space.
17. Repair or replace siding.
Another easy way of making your home more appealing is by taking care of its exterior. Take a few moments to examine the condition of your siding.
If there are holes or other signs of disrepair, you should replace those siding sections as soon as possible. You can replace all your siding or repaint your siding if you prefer.
18. Have an open floor plan.
Physical square footage plays a major role in a home’s value. Visual space is also important. If you do not have a lot of indoor space, you can implement an open floor plan. Letting more light in and rearranging or reducing the amount of furniture in a particular room are ways to easily add more visual space.
19. Add or expand an outdoor patio.
An outdoor patio is another simple way to add value to your property. You can have a grilling area or a fire pit.
Patios don’t take a lot of time, effort or materials and can give you an advantage over other similar properties in your neighborhood who don’t have the same type of gathering areas in their backyards.
20. Reduce clutter.
First impressions are essential to selling your home. Your home should look lived in, but it should also be clean and comfortable. No one wants to buy a messy house. People may think that you are trying to hide or cover up potential problems with the home.
Take some time to thoroughly clean each room before the first open house showing. Throw away or donate unwanted or unneeded items. Not only will this make your home more presentable, but it will also give you less things to move after the closing has been completed.
21. Replace furniture and appliances.
It may be necessary to replace outdated or inefficient furniture or appliances.
Newer appliances are typically designed to be more energy-efficient. New furniture can complement any room of your home, even if you intend to take that furniture with you when you move.
Remember that your open house guests will be evaluating the condition of those items during their visit.
22. Attend to any maintenance or repairs that need to be made.
Leaky faucets, malfunctioning air conditioners, broken blinds, drafty windows and other repair and maintenance issues should be tended to before you are ready to sell. Most of these issues can be remedied quickly without having to spend a lot of money.
23. Check your insulation.
If certain rooms of your home feel cold or drafty in winter and rather warm in summer, it may be because they are lacking proper insulation. Adding adequate insulation will reduce energy bills over time. It can also add to a home’s resale value.
These are just some of the many things that you can do to increase your home’s value. If you are unsure of what to do or where to start, you can call on an interior designer or professional contractor for assistance.
You can also tackle many of these items by yourself, or with the help of a few family members or friends. Making time to find more ways to add to your home’s value can lead to a larger asking price. It can also help you move one step closer to selling the property and moving on to the next chapter of your life.
Have Questions? Ask The Lumiere Team!
Your real estate agent is the best source of information about the local community and real estate topics. Give Rebecca Edwards call today at 901-451-2001 to learn more about local areas, discuss selling a house, or tour available homes for sale.