So, you have arrived at the decision to sell your home. What must be definitely going through your mind is how to get the best deal for your property. Before you put up a notice that informs the public that your house is on sale or pass the news to your friends and family, keep in mind the fact that the realty market in some states and countries has been slow. Therefore it is advisable that you make some effort to ensure that your property looks appealing and attractive to your potential buyers. Below are some tips that will help you enhance the resale value of your house:
Pep up the exteriors
After purchasing a house, homeowners usually spend money, energy and time in designing the interior of the house according to their desires. The important fact that they overlook is that the exterior plays a significant role in convincing a potential buyer to either consider the property or not. The exterior is what is first seen before taking a look at the interiors. Hence it is vital that you pay attention to pepping up the exteriors of your house as much as the interior so as to get a better resale value.
Create additional space
Having an extra room is ok, but it will be useless if it serves no purpose. Instead of an extra room come up with ways to increase the space in the house. There are lots of architect firms with interior designers that are capable of altering the physical dimensions of your house to make it more spacious. A room that is spacious will fetch a higher resale price compared to one that has a small extra room.
Conduct minor repairs
A significant portion of your house resale value will be reduced if the property has a number of unattended repairs. A potential buyer will be interested in knowing the current physical condition of the house and the anticipated longevity of the house making an ultimate decision. The sight of leaking pipes, falling patches damaged floor will definitely lower the property’s value. Make sure all minor repairs are handled regularly.
Keep a cushion for price negotiation
It is advisable to price your house with some cushion for reduction during the negotiation stage. You should also consider the current market rate of similar properties and how the deals have been finalized before deciding on your price or agreeing to the price offered by the potential buyer of the house.