Inexpensive Tips for Increasing Property Value Before Selling Your Home
by Reader Contributors
When selling your home, of course, you want to get as much as you possibly can for it. So what are some inexpensive updates you can make to increase property value and what projects should you avoid?
Dear Dollar Stretcher,
We’re pretty sure that we will be selling our home at some point in the coming year, and obviously, we wish to sell it for as much as we can. Is there anything we can do over the next number of months that will help increase our property value? Are there updates we should avoid that will not add any real value to our home?
We are looking for inexpensive solutions. We can’t afford new kitchen cabinets or a bathroom remodel, but we are very handy and can do smaller updates and upgrades ourselves.
Thanks in advance for any suggestions!
A.J. and Lisa
Inexpensive Ways To Increase Property Value?
We asked our frugal readers for their suggestions on affordable home updates that could make a home more saleable and updates that probably should be avoided. Read on for their suggestions for inexpensive ways to increase property value before you sell your home.
Don’t Put Off Until Tomorrow What You Can Do Today
The first thing you could do would be to go through and do all those nagging little repairs that have been waiting on “tomorrow.”
Secondly, a fresh coat of paint in light or neutral shades will help give people a palette in which to view their own furnishings in your space. It is like how art galleries leave the walls plain to show their items without distraction.
Thirdly, I recommend you start decluttering and packing away non-essentials now. When you want to hold showings, a clean, organized environment does wonders for other’s perspectives.
Lastly, I would recommend you put aside a little money now so that just before you show your house, you can save yourselves a little work and headache by hiring a person or small team to give your place a thorough deep clean to prep for visitors. If you save a little more, you can get an hour or two from a house stager to plan and arrange your things to their best advantage. Even if you don’t want to invest a lot of money in a house you will sell a year down the road, if it looks clean, well-appointed, and in good repair, you ought to do just fine.
Jenn
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Paint and Clean Everything to Increase Property Value
Using an off-white paint color is safest. Don’t try to guess what colors someone might like. I put a hint of peach in my white paint to give a slightly softer color. The buyers were happy that they did not have to paint right away and could “live” with the white until they had time to paint the colors they wanted.
Make sure there are no smells, animals and personal “stuff,” and have the yard very neat and clean.
Dee in FL
Go to the Pros
Since you are already planning on selling your home in the near future, you can start interviewing realtors right now. They will give you some great ideas on putting your best foot forward.
One realtor we talked with even had some lighting suggestions for a northern-facing room in our home. They will also point out more serious issues that should be addressed so your home will be in an excellent competing place (against similar homes) when you decide to put it on the market.
Dora
Clean, Tidy and ‘In Good Repair’ Can Increase Property Value
I think the most important thing is to make sure everything is sparkling clean, tidy, and in good repair.
How long has it been since you’ve painted? If any rooms look dingy or any outdoor trim looks dirty or faded, a fresh coat of a pleasant neutral color is a small investment that will make a big difference. You should also consider removing any dated wallpaper and simply painting the wall.
Could your siding or deck benefit from pressure washing? Do you have squeaky doors, loose floor tiles, or cabinet drawers that don’t open/close properly?
How is your lawn and landscaping? You may want to do a winterizing lawn treatment to help the lawn green up faster in spring. Any bare spots should be seeded now so they’re filled in by the time you hang the for sale sign. Could your landscaping benefit from a couple of colorful perennials? If you have overgrown shrubs, could you remove them and plant smaller, tidy ones? (See DIY Landscaping for Less.)
Repair or replace any plumbing fixtures that drip or take a lot of muscle to turn on/off. Also, extreme decluttering is technically not a home improvement, but it will make your home look more attractive to a buyer.
Colleen
Don’t Ignore the Little Things
Fix any holes in the walls and ensure all the light switches and electric outlets have covers. Make sure no cupboard doors are falling off their hinges. It’s easy for homeowners to assume that homeowners can see past the little flaws. However, in reality, many of them are turned off by little flaws.
Kim
Expert Interview: Realtor Tips for Preparing Your Home for Sale
Avoid Shots in the Dark
There are many things to do that can increase the value of a home and some that can subtract value, but without knowing the home’s location, most suggestions will be shots in the dark.
The best way to determine which improvements will add the most value is to partner with a reputable local realtor and ask for advice on what buyers in a given area are looking for and what to avoid.
Tammy
Clean From Top to Bottom
When we were planning to put our house up for sale, the main thing we did was to remove as much clutter as possible and clean the house from top to bottom. Go through each room, clean it and arrange it as if it were going to be photographed because it will. Baseboards, doors, air vents and windows should be cleaned. Make sure it smells good.
On the outside of the house, we put fresh mulch in the landscaping, pressure washed the house and driveway, and painted the mailbox and post. First impressions are everything. Our realtor commented that he first noticed that we had wood stairs instead of carpeted stairs, which is a plus. This was one of the first things we did when we moved in because I hate vacuuming stairs, but it might also increase the chances of a sale.
Wendy
Reviewed October 2023
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