I’ll never forget the real estate crash of 2018, it brought my family absolutely to the brink. Not many of you know but my day job is working for an abstract and title company, it is very dependent on homes selling. All has rcovered since the crash of 2008, but no one has forgotten it. House values remain incredibly important and always will be. I do find it rather tragic though that oftentimes we don’t make our houses nice or “fix” them until we sell.
Which, to me, is absolutely ridiculous! Whether you plan to sell or not, I think putting the work into our homes to raise their value will literally raise the value of our lives. We should get to enjoy and live in all of our hard work and we should be worth it!
(This is a contributed post, for more information about my compensation please read my disclosure policy)
Home values are a hot topic recently. After the real estate crash of 2008, real estate experts and investors have taken a close look at the shift in home values over time. Unfortunately, most people seem to have a false view of how home values change, and how much money they can expect to make when they sell their home.
According to leading economists, most real estate appreciation is simply accounting for inflation. This means the funds you’re getting from selling your home won’t equal out much when you consider the home you’re planning on buying is also going to be more expensive. What does this mean for homeowners? Luckily, owning a home is still a great investment. However, you’ll need to take matters into your own hands to raise your house value. Here are 5 tips to raise your value on a budget.
One thing many buyers today are doing before making a purchase is checking the history of the home. If the home is linked to crime or unsavory activity, like a break-in, this is bad news for the house’s value.
People want to live in safe homes, and any negative activity will affect your resale ability. It’s a smart idea to invest in a wireless security system with Alarm Grid to ensure you don’t have any issues with intruders.
When it comes time to sell your home, don’t just leave it as is. You want to make your home look welcoming and inviting. This means you have to stage your decor and furniture in a way that makes your prospective buyers feel like they’re at home already. Review some interior design trends for inspiration, and make sure you’re as neutral as possible.
While simple, a coat of fresh paint in every room of your home helps everything look clean and nice. This is one of the simplest improvements you can make that really impacts the value of your home. This is especially true if your home already features paint colors that some buyers might not want in their own home. Focus on choosing colors that appeal to the greatest number of people.
You don’t have to be a landscaping expert to do some minor yard upgrades. Investing in healthy, native plants that are easy to care for will not only help you, but it will also appeal to buyers. When the yard looks clean, maintained, and healthy, this ups your curb appeal.
Always think green when shopping for plants for your yard. That means choosing plants that are built for your climate and environment, and that will require less water and ongoing maintenance. Easier care is always the best!
The bathroom is one of the most noticeable areas of the home to spend money on. Your money will get stretched a lot further here, and you don’t need any advanced plumbing skills. Replace outdated wallpaper, swap outdated fixtures, and just make sure everything looks clean. You’d be surprised just how great a small refresh looks in your bathroom.
Is your home in need of some love and care? Luckily, you don’t need to invest in costly, time-consuming upgrades to make a big impact on your home’s value. You want to get as much as you can from your home. That means doing some small adjustments to really create a space that speaks to buyers.
(This is a contributed post, for more information about my compensation please read my disclosure policy)