Our team at Simpson Real Estate Appraisals wants to help you get the best price for your home. There are many things that can affect home value, and taking steps to correct common issues before you go to market can go a long way toward increasing yours. In this article, we’ll go over three of the most effective ways to increase your home value.
- Decrease Maintenance Needs- One proven way to increase your home value is to lower the amount of maintenance that’s necessary to keep the property in good condition. This method includes updating major systems such as the water heater and wiring to calm buyers’ worries about potential problems, but it can also include things like replacing wood siding with vinyl to prevent damage and the maintenance that comes with it.
- Increase Energy Efficiency- Another way to increase your home value is to make it more energy efficient. A home that uses a lot of energy is likely to discourage buyers who won’t want to pay a high monthly electric bill. There are many ways to make your home more efficient, but we at Simpson Real Estate Appraisals find that installing things like LED lighting, double-paned windows, and even enhanced insulation tend to be the most successful.
- Increase Curb Appeal- A third way to increase your home value is to make it look better, especially from the outside. You only get one chance to make a first impression, so making sure that your facade and yard look their best will help attract more buyers and avoid turning them off. If you’re not sure what you should change about your exterior, you can contact our team at Simpson Real Estate Appraisals to get some expert advice.