Selling your house for more $$

Make Your Home More Valuable Before You List It

Working in the field of real estate and mortgages for many many years has opened my eyes to brilliant and crafty ways of influencing value of property – both from a Seller’s viewpoint and a Buyer’s viewpoint.

There was a neat article I recently read from Consumer Reports® magazine called “How to Make Your Home 10% More Valuable”.

It struck a cord with me, the housing market being the way it is right now. It’s a Sellers market with values increasing yet it is also a Buyers market with the rates remaining lower.

If you have thought of selling your house or property but are “waiting for values to go up even more” you most likely will end up with higher competition as so many others are in the same boat. Putting your house on the market now increases your opportunity for higher asking price due to the increased Buyer demand...but do it after reading this article and putting it to some good use!

The top 5 ways to raise your home’s value were:

1. Clean Up, Clean Out

Cost Range: $0 (DIY) - $2,500 (Pro)
Potential Return: 3 to 5%

2.Spruce Up the Kitchen

Cost Range: $300 - $5,000
Potential Return: 3 to 7%

3.Freshen Up the Bath

Cost Range: $300 - $1,000
Potential Return: 2 to 3%

4.Paint the Rooms - Selectively

Cost Range: $100 (DIY) - $1,000 (Pro)
Potential Return: 1 to 3%

5.Enhance the Exterior

Cost Range: $150 - $7,500
Potential Return: 2 to 5%

Hope the above helps get you off the fence!