5 Ways to Increase Your Real Estate Property Value
Many property owners must have been looking out for ways on how to maximize their properties in such a way that they can make use of the ownership and perhaps, earn from them. If you were one of those property owners who have Ayala properties, or from some other developers for example, would make you realize and think things through. By this, you are then looking for methods on how to market and increase your property’s value especially for future’s sake.
Let’s run down some 5 ways on how to increase the property value of your real estate touching from the basics.
Clean Your Property
Which basically means, making the place tidy inside and out. One of the important things to be reminded of is to make, especially, the outside portion of your area neat and clean. It is one thing that catches attention. And if you are one of those who wanted to market off your properties to buyers, have the slightest clue of making the place well-maintained and cleaned up because it is the first thing most buyers see. Remember, buyers can have the ability to not get out of the car once they see that a part of your house is not great to see. And that what you have made improvement on the inside will never get noticed if the outside puts them off.
Now, once you have finished tossing off the bad elements from the outside, you can now walk through the property without getting tripped over anything. Next up is getting your interiors done. To do so, all you got to need is a broom and a vacuum in order to give you a better perspective of what you can work with and what needs fixing. You can use some common sense on the interior cleaning, if it is obvious that the carpet is going to be replaced or the walls needs to dusting, just roll it up and dust those off, respectively.
Here goes the tricky part: the fixing. To note of the things that needs to be fixed, grab a pen, a notepad and a camera to document and check on what areas of the house needs to be replaced or rid off. You can start by checking outside at the front door and keep going until you are back. Check whether parts are still in shape and in mint condition, if there are any walls that needs to be repainted, damaged cabinets, sink, cracks on the driveway and so on. Make sure you also get to test the septic field if applicable, the furnaces (if you have one), hot water tanks and all the mechanical stuff. All the more you need to check on these as these are one of the probable causes why your property’s value can’t be counted as equal to “valuable” because of these shortcomings.
Paint to Appeal
This is one home improvement solution that should not be taken for granted. Paint typically adds value to your house, not mentioning the value it incurs to buyers because it gives appeal to the whole look. As what they say, ‘paint is a curb appeal in a can,’ which totally nails the whole point of home improvement. A home that that has been completely caulked and painted will not only better but it will be more energy efficient. And by that, choosing a paint suited to your house’ set up can also help you save up on energy matters such that thermal coatings, if you happen to use them, can lower energy bills by 20% year round. The thermal coating creates a radiant barrier that reflects heat out in the summer and reflects heat in during the cold seasons. That is just one of the many other good reasons why painting your property is a good move. Another reason is that it is psychological too.
However, let is also be known that you have to be careful in choosing the color of the paint that you wanted to use for your property as it may not be a good idea to just mix and match different colors in one set-up. You can research online or check on interior-exterior house magazines and learn the basics on what kind of paint to apply. Or better yet, hire a specialist to help you out.
Spicing up your place would be one of the most exciting things to do especially if you wanted to improve your property and have it an eye-catcher for buyers. Remember, never underestimate the difference color can make. After painting and fixing the broken things within your property, it would not be painful enough to see some bling on the yard just to add up more detail on it. Don’t overdo though. Make it simple. Mow the grass, trim the shrubs, weed the garden and tame it. Adding green stuff like small trees or shrubs affects the value of your home by giving an impression to your buyer that it creates privacy and a warm fuzz feeling to them, making it more enticing and actually, livable.
By marketing, it would mean making your house or property desirable and wanted. And by doing so, you need to jazz up your marketing skills in order to make this work. Of course, you have the control on how to make the value of your property grow. And since you have done the home improvement stuff, you can now move on to making it like its business.
Take pictures of your property and make it more appealing by taking angles that are pleasing. You can use the online media to promote your property as well. By doing so, it would also catch attention if you talk about the property of where its location and what establishments are around it, which could add up to the market value of your property because of its accessibility. Write about it but make it as genuine as possible.
To conclude, take time to look at your home from the eyes of a buyer, spend a few thousand, put in some sweat or write a few checks, but you will sleep soundly knowing you have maximized the home’s value and your equity.