04 Jul Happy 4th of July!
Inexpensive Ways to Increase Your Home’s Resale Value
When you’re looking to sell or refinance your home, it’s important to consider your home value and take as many measures as you can to make sure that you set yourself up for success as much as possible.
There are many ways that you can increase your home value without breaking the bank. Below, The Fay Group goes over a few of the most inexpensive ways to make your home stand out without having to do a costly remodel.
There are many ways that you can increase your home value without breaking the bank. Below, The Fay Group goes over a few of the most inexpensive ways to make your home stand out without having to do a costly remodel.
Clean and Declutter
One of the cheapest ways to increase the value of your home is to give it a nice deep cleaning and decluttering. You can do this one of two ways: with good old-fashioned elbow grease or by hiring professional help.
If you’re working on a budget, it’s a good idea to set aside a weekend to get the job done solo. You can enlist family members and friends for help. All you have to do is spring for some cleaning products. Of course, on the other hand, if you hire professional help you will cut down on time and labor on your end, but you can expect to pay the going rate for cleaning services in your area.
Just by cleaning and decluttering your home, you can increase your home value by 3-5%, according to sources like Forbes.
Powerwash It
Two ways to give your home a visual makeover include putting a fresh coat of paint on the interior and exterior as well as giving your home and driveway a good pressure washing. You will want to do the pressure washing on the exterior of your home first to remove debris, stains, and additional build-up.
Try pressure washing:
- fencing
- driveway
- patio
- deck
- walkways
If you’re looking to hire someone to power wash parts of your property, the price of different elements will differ. A house typically costs $220-$380, while smaller aspects cost less. While hiring a professional would save you time, you could avoid all extra costs by renting a power washer from your local hardware store for a pay per hour, which usually costs a lot less.
Paint It
You can address any exterior paint fading or chipping by repainting the exterior of your home. When you paint the interior, try to go for a neutral color so that it doesn’t end up being too jarring to a potential buyer if you’re looking to sell.
If you DIY your paint job, you can expect to pay from $200 for the interior and upwards. Exterior painting will end up costing closer to $1,000-$2,000. Pressure washing is fairly inexpensive- $200-$500 should do the trick. You have the option to either rent equipment and get the job done yourself or hire a professional service, which will come at a higher rate.
Boost Curb Appeal
Real estate people love using the term “curb appeal”, which is how your home looks to someone walking or driving by. You can make your home stand out a little more by touching up any worn-out landscaping, pruning bushes, trimming trees, re-mulching, or even mowing the lawn.
Other inexpensive ways to increase the value of your home include:
- changing out hardware and light fixtures
- adding green energy solutions to your home
- upgrading certain appliances
- adding crown molding
Once you get done sprucing up your home and you’re ready to sell, contact Elise Fay Group today.
We specialize in helping our clients get the most out of selling and purchasing their homes in the Pheonix-Metro area and surrounding communities. We’re excited to help you get the most out of your investment, no matter where you stand.