As spring arrives, many more people are thinking of selling their homes. Some want to upgrade to bigger homes, others want smaller homes with less maintenance required. As home prices rise, you need to make sure you have the home improvements to fetch the best price possible. There are certain things you can do to increase the resale value of your home.
The condition of your home’s roof can severely impact the resale value. If most of the homes in your area neighborhood have newer roofs, it is a good idea to replace yours too. If the old roof is in bad shape, replacing the roof won’t necessarily result in a huge increase in the sale price, but it is a necessary evil.
When replacing your roof, choose materials that will increase your resale value. A 30-year asphalt roof results in a better sale price than a 20-year asphalt roof. Similarly, upgrading to metal or slate can increase the value of your home but only if it is appropriate to do so in your neighborhood. If most of the other houses in your neighborhood have asphalt roofs, stick with asphalt.
Reduce Energy Cost
In most older homes, over 30% of heating expenses literally go right through the window. In fact, if you aren’t completely sure that your home’s windows possess an Energy Star rating, it is a good idea to replace them when doing home improvements. That might sound like a huge project, considering you’re thinking about selling your home, but Remodeling Magazine’s “Cost vs. Value” report from a few years back showed that around 70% of the cost of replacement windows can be recouped when it’s time to come up with a listing price for the home. Few home improvement projects give you that type of return on investment, and few buyers will consider paying top price for a home that doesn’t have updated windows.
Alternative Home Upgrades to Up Your Resale Value
There are other important things to consider when trying to get the best price for your home. Landscaping is an improvement project that can provide a great return on investment. Kitchens are an important room on which to focus. Make sure the appliances are up to date, and if cabinets and counter tops look shabby get them repaired or replace them. Make sure all flooring is in good shape, and keep in mind that most sellers today shy away from carpet and look favorably to wood flooring. Once you’re ready to list and show your home, remember to keep your home free of clutter, make sure you add touches like fresh flowers and great lighting, and pay close attention to any feedback you receive so that you can react quickly to get the best price for your home.
Contact Us About Improving Your Home’s Resale Value
If you’re interested in improving the resale value of your house through home improvement from Lonestar, get in touch! We offer a large array of home improvement services, each of which will pay dividends in the long run!
To get a quote, give us a call at 804-266-1717 or request a quote online!