Whether you are selling your home or just bought your home, everyone wants to increase its value. People sometimes think only major projects and renovations like pools, remodels, or flooring will increase home value, but the fact is that a few small things can make a big difference, too. And the best thing is that they aren’t really expensive, and just require a little elbow grease to accomplish great results. Check out this video on how to increase home value without breaking the bank!
Hey there, this is Debbie Wright with Charles Rutenberg Realty, serving St. Petersburg to Clearwater and all of Tampa Bay, and I’m here to talk to you today about six tips to increase home value, so follow me
Number one: Landscape. This is pretty important. This is what invites people into your home, or actually what it does is it lets them know how “oh, if the outside looks nice, I bet the inside looks equally as nice.” That’s sort of a precursor to what’s on the other side of those walls or behind your front door, and so when you have a very well manicured front yard and you’re presenting your home nice and neat and clean outside, people automatically assume that that’s how you have maintained the inside. So it’s important to trim the trees, raise the canopies, remove any kind of shrubs that are near the house or against the fence, you want those to be back at least a foot or so. Shrubs and other type of greenery will tend to deteriorate certain materials. So for instance, if you have a wood fence and you have shrubs against that, it could add to the deterioration of that fence, so you want those plantings to kind of be set back a little bit. You want to trim and maintain a space in between your home and fence, etc.
Tip two: Freshen up. Super important, and get yourself on a schedule. I mean power washing the roof and cleaning debris off- super important, cleaning soffits, walkways, driveways, decks, and fences, also very important. Here in Florida, in February we have oak trees and they dispersed their pollen, and so everything is coated and green. So we have to go ahead and get a power wash or a soft wash of the roof if you have a tile roof like we do. We get a soft wash done, just to get that green debris off and make sure that everything that was co ated has now been wiped down and washed off, because it tends to damage it or at least stain it, and you don’t want that. It takes away from your home’s value, it doesn’t increase home value. So you want to make sure that you’re addressing that when it happens. And that might not be the season where you live, but I’m sure you have a season where nature tends to blossom, and there are other issues that you may have to address as you go through the year.
Okay, Tip three- Update. This one’s pretty simple, and it actually impacts value a lot. So when you buy a house and there may be different hardware all over the place, different door knobs, and handles here, and faucet there, go ahead and make a list, a honey-do list when you move in, just to make all the hardware consistent throughout the home. It really does pay off in the end, in the consistency, and when you go to sell your home, you’re really going to see increased home value just in that one aspect. So you want to change out kitchen fixtures and bathroom fixtures and knobs and handles, and it’s gonna give a whole new field to a room, especially if you added some paint or some trim, it could completely change the feel. So that is something I recommend as soon as you buy a property, if that’s not already the case, make those hardwares consistent throughout the home, and you see the value later down the road for sure.
Okay, Tip four- Increase home value by cleaning. Deep cleaning, so important, especially if you have pets to make sure that you’re cleaning those carpets at least twice a year. Grout lines- materials are porous, and sometimes absorb smells, so if you have kids and dogs like I do, I’m always fighting a battle there, and carve out time at least once or twice a year to have a deep clean. It really does keep you ahead of the game, and you get to kind of head off anything that needs to be repaired, you notice things a little differently at that point, but doing that deep clean is super important.
Okay, Tip five- Paint. Now if you need to paint the exterior of your home or the interior, this is a great opportunity to go and see what’s trending. Right now in Florida, we have this gray/white/turquoise trend going on, and so you see it everywhere- buyers love it. I take buyers through houses and every time they see that gray/white/turquoise theme, they just love that color. That’s what they want and that is the trend today. In six months, I don’t know if that’s still going to be the trend, but I can tell you that gray and white are traditional and they can be neutral colors, depending on that the pallet you select. That’s kind of what would be my approach- I would go to Pinterest, I would go to Home Depot, and I would look at swatches and I would stay more neutral in the color palette, and then accent a door or trim in whatever that trend color is, and it’s easy to correct down the road if that trend does change, and you want to put your house up to stop for sale in a year or so and you want to maybe update them freshen something up, it’s going to be super simple to do at that point.
If you are not in the market to paint your entire exterior or your entire interior, just simply painting the trim, the baseboards, and the front door is going to make a huge impact. It freshens up the space, it gives it a facelift, and most importantly, it looks like you really care and maintain your home. It’s a nice, crisp look when you walk into the bathroom and everything is freshly painted and you got new hardware, it just really gives a room a facelift.
So my number six Tip to increase home value is probably one of the more important ones, and it’s been a common thread through the other tips- repair items when they break. If your sink is leaking, get it fixed, it could be a symptom of a bigger problem. If an outlet suddenly stops working, have an electrician come over, or someone who is knowledgeable, so that you can address that, because it can also be a symptom of a bigger problem. If you have got fungus on the bottom of the door and it’s heading up the frame, address it quickly before it just starts taking over other types of material in the area that it can grow and damage. So you want to make sure an address that too. The idea here is to head things off before they become a big problem, and deferred maintenance is a number one issue with buyers no matter what the market is, whether it’s a seller’s market or it’s a buyer’s market or balanced market, buyers want to get as much value as they can. And when they perceive that there’s a lot of deferred maintenance in a home, they’re turned off by that, and all they see is a long laundry list of things that they’re going to have to repair or do once they get in the home, and some of those things aren’t very fun, like painting or decorating are. So important that you take care of things as quickly as you can, once they arise.
Alright, those are my tips, let me know what you think. Give me a comment, subscribe to my channel, leave me a note, you can call me, you can text me, you can email me, you can send me a message on Facebook, and I’ll respond. I appreciate you looking at my video and I’ll talk to you soon. Have a great day.