4 Ways You Can Increase the Value of Your Home This Weekend
Preparing to sell your home is overwhelming and you probably feel like you don’t know where to start. I see this with new clients all the time. However, I like to alleviate some of that overwhelm by sharing 4 simple ways they can increase the value of their home by 5% in just one weekend. Let me tell you how.
#1 - Paint Your Front Door Black
Yes, you read that right. Popular online real estate hub Zillow examined 135,000 listings from 2010 to 2021 and determined that homes with black or charcoal grey front doors sell for 2.9% more, on average, than comparable homes with front doors in other colors. The blacker and glossier, the better.
Why black? A black door communicates to buyers that your home is dignified and refined. It is classic, charming, complements a variety of home styles, and pairs well with other accent colors. In Feng Shui, black is also said to strengthen the energy of your home.
According to Zillow, sellers of homes with black front doors enjoyed up to an additional $6,271 on their final sale prices. So, what are you waiting for? Lay a drop cloth and pay a visit to your local paint supplier this weekend.
#2 - Invest In Your Lawn
Curb appeal is essential. However, simply trimming your trees and tending to the garden isn’t always enough. Your home’s front lawn is the real eye-catcher when potential buyers come for a showing or do a drive by. You want to wow them by having that green, green grass out front looking its best.
With just six applications of fertilizer and weed control, your lawn will become more attractive to potential buyers and your curb appeal will skyrocket. This roughly $330 investment in landscaping could boost the value of your home by up to $1,000 according to a recent National Association of Realtors survey. That’s a more than 300% return on investment.
If you’re willing to spend a bit more, installing a stone walkway lined with greenery will increase the value of your home by another approximately $5,000, according to the survey.
#3 - Neutralize Your Living Room
When potential buyers walk into your living room, they are looking for a neutral space they can imagine themselves and their personal style into. You might think a white living room is the best way to achieve this, but I’m here to tell you otherwise. Paint it taupe. Nothing is more neutral than a light taupe with its warm tan and pink and peach undertones.
The same Zillow study that found black front doors increase home value also found that homes with taupe living rooms are valued higher than homes with white living rooms. These market homes sold at a nearly $2,800 premium compared to their white-walled counterparts.
The logic behind a light taupe living room is simple: light taupe is still bright enough to let the light bounce around the room, but it does so with an element of warmth that white just doesn’t have. It also makes the room appear more expensive and enhances stature, especially in a living room featuring intricate architecture. Accent your taupe living room with white furnishings to imbue the space with a light, airy, and open feel.
#4 - Declutter Your Furniture
Removing unnecessary items from your home is commonplace before starting to book showings. However, time and time again, we see sellers stop there when they should be turning their attention to the furniture in their home. If potential buyers come in and find your home clutter-free but all of your furniture crowded together or otherwise difficult to navigate, it’s very quickly going to go against all your hard work and negatively impact their perception of the value of your home.
The nature of decluttering your home is to create space and openness. The same principle applies to decluttering your furniture. Before you begin showing, you should spend some time assessing the flow of the rooms in your home and arrange your furniture in a way that enhances fluidity, promoting easy and comfortable movement through your home. The way you arrange the furniture, as well as the style of the furniture you choose, should complement each other from room to room. Your return on investment for doing this effectively varies, but I can tell you that homes staged well in this way sell for significantly more than those that do not achieve this balance.
Keep the Traction
Boosting your home’s value by 5% in just two days is a great start, but why stop there? If you want to keep the traction and work to make your home truly irresistible to potential buyers, I invite you to book a no-obligation home evaluation with me today. Together, we’ll look at how to optimize all the unique facets of your home to maximize market value and get you the best possible return on your investment. Call 604 542 2444 or schedule a call with me to get started.
Until next time,