When you’re getting ready to list your house in Las Vegas/Henderson, one of the most important things to consider is how you can raise its value. There are many different ways to do this, and if you put in a bit of effort and planning, you should be able to get top dollar for your home when it comes time to sell.
How an Appraiser Values Your Home
When selling your house, an appraiser is a person who will determine its market value as required by the buyer’s lender. They will use several factors and analyses, including a comparative market analysis (CMA), to determine what similar houses have sold for in your area. This information gives them a good idea of the current market value of your home.
Once the appraiser has determined the market value of your house, they will assess its condition and how well it has weathered over time. This assessment includes looking at things like the type and condition of roofing materials and any issues with moisture or mildew that may indicate structural problems. The appraiser will also consider how well the house has been maintained over time, considering things like frequent painting or repairs to keep it looking like new.
Finally, the appraiser will consider any updates or additions you have made to the property, such as adding new landscaping or upgrading rooms. They may look at these changes for aesthetic appeal and impact on the value of your home. For instance, a small investment in some minor updates can often result in significant improvements to your home’s resale value.
It’s not mandatory, but to get a head start in discovering ways to increase the value of your house, you may choose to pay for a listing appraisal, which is an appraisal you get before putting your house on the market. You can get a list from that appraiser of things you can do to bump up the sales price of your home.
Curb Appeal
Curb appeal is the visually appealing factor of a house as seen from the street. It’s what makes a potential buyer want to stop and take a closer look or keep driving. Good curb appeal can make a house feel warm and inviting, even before stepping inside.
There are many ways to add curb appeal to your home. By sprucing up your curb appeal, you’re more likely to attract buyers and sell your home faster and for a higher price. If you’re selling your house, it’s essential to pay attention to details like landscaping, painting, and overall upkeep. First impressions matter, so take the time to ensure your property is looking its best.
Staging Your Home
When it comes to selling your home, first impressions are everything. This is where staging comes in. Staging is preparing your home for sale, and it can significantly impact the final selling price.
Proper staging can make your home more attractive to buyers and help you to achieve a higher sales price. You can do a few simple things to stage your home for success.
First, clean, declutter and depersonalize your space. Buyers want to be able to imagine themselves living in your home, and clutter can make that difficult. Remove any personal like family photos, and clear off surfaces like countertops and coffee tables.
Next, give your home a fresh coat of paint. A neutral color palette will appeal to a broader range of buyers.
Finally, add some furnishing and decor to give your home a warm and inviting feeling. These simple steps can make all the difference in staging your home for sale.
Additional Ways to Increase Your Home's Value
In addition to curb appeal, staging, and home maintenance, there are other things you can do to increase your home’s resale value.
Replace screens: new window and door screens can be an inexpensive way to give your home a fresh look.
Paint: a new coat of paint can brighten up any room and make it feel more spacious.
Change light fixtures: outdated or damaged light fixtures can be replaced relatively quickly and inexpensively. New light fixtures can brighten your home and make it feel more modern.
Update hardware: outdated doorknobs, cabinet hardware, and faucets are easy to replace. They can have a big impact on the look of your home.
Replace light switch plates: light switch plates can be dirty or damaged, and replacing them is a quick and simple way to update the look of your home.
Update electrical socket covers: just like light switch plates, electrical socket covers can become dirty or damaged over time. Replacing them is a quick and easy fix that will likely raise the value of your home.
Recaulk: old or damaged caulk can make your home look dated and unkempt. Replacing it on sinks, bathtubs, and windows is a relatively inexpensive way to improve the appearance of your home.
Refinish floors: old or damaged flooring can be refinished relatively inexpensively. This is a good option for hardwood floors, linoleum, and tile.
Add new doors: a minor investment in this area can yield significant results. New doors add both function and style, making your home more desirable to buyers.
Conclusion
There are many inexpensive ways to increase the value of your house. First and foremost, be sure to understand the appraisal process so that you have a realistic idea of your home’s worth.
Obtain a listing appraisal for even better guidance. Make sure your home is in good condition and has great curb appeal. Stage the house for sale so that it makes the best first impression, and pay attention to smaller details like window screens, fixtures, and hardware.
These may seem like small changes, but they can make a big difference when potential buyers are considering your home.
Talk with your real estate agent to find out even more ways that you can update and upgrade your house to get the best sales price.
