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People are always asking how they can get more money for their house when they put it on the market. While some of the things that determine your home’s value are out of your hands (location, age, layout), many buyers are willing to fork over a little more when certain upgrades have been made. Below are some suggestions for projects and improvements that can increase your home’s resale value.
Invest in Energy Efficiency
It’s the 21st century, and green is the name of the game! Not only do energy-efficient updates help protect the environment, they also save you more money by reducing utility bills. Now we’ve all heard of those little energy-saving hacks like unplugging your phone charger and washing your clothes in cold water — but those aren’t the kinds of things that are going to add value to your home. If you want a greater resale value, you have to think bigger. Consider one of these upgrades:
Make Roof Repairs
If you don’t plan on replacing the roof, you’ll still need to make sure it isn’t in need of major repairs before selling. A well-maintained roof can mean a quicker sale, since potential buyers will notice its appeal during showings. It’s best to hire a contractor to inspect the roof and give you an estimate for any necessary repairs. If your budget allows it, definitely schedule for the repairs. If not, you’ll need to decide if it’s worth leaving the roof as-is, keeping in mind that it can affect negotiations with the buyer and result in a lowered home price.
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