10 Ways to Boost Your Home's Resale Value
Figure out which renovations will pay off, and you'll have more money in your pocket when that 'Sold' sign is hung
Houzz Contributor. You can also find me on Lolalina (http://www.lolalina.com/), my blog devoted to all of the things that make a house a home - decorating from the heart, living with intention, and savoring life's simple pleasures.
Houzz Contributor. You can also find me on Lolalina (http://www.lolalina.com/),... More »
With real estate prices not what they once were, to put it mildly, it's only natural for homeowners preparing to sell to be thinking of ways to up their home's value. But it simply doesn't make sense to throw money into a big remodeling project that won't end up netting a higher sale price in the end. What's a homeowner to do?
Learn what buyers want, then start early (so you can enjoy your hard work before you sell) and small (to avoid excessive spending) for the best possible results. These 10 home improvement projects make smart use of your time and resources.
Learn what buyers want, then start early (so you can enjoy your hard work before you sell) and small (to avoid excessive spending) for the best possible results. These 10 home improvement projects make smart use of your time and resources.
| |
| 1. Hire a pro. Consider hiring a pro to take a look at your home and offer advice. One morning spent with a home inspector, a real estate agent or a local designer can give you insight into what potential buyers will see when they look at your home — and can save you money in the long run. |
| |
| 2. Invest early in landscaping. A beautifully landscaped yard with gorgeous, mature shade trees can be a big selling point, but you'll need to allow for at least several years of growth to make the most of your investment. Make planting a priority early on, and be sure to seek out expert advice on the proper placement and care of your trees and yard. |
| |
| 3. Power wash paths and siding. Giving your home's exterior and paved areas a power wash can be nearly as dramatic as repainting, for a much lower cost. Rent a machine from your local hardware store if you don't have one. 4. Maintain green lawns. Sad, neglected lawns are a major turnoff to potential buyers. Maintaining a healthy lawn from the beginning with regular care is the least expensive route, though laying new sod can be worth the dramatic improvement in curb appeal if you don't have time to start from seed. |
|
by Gast Architects
»
|
| |
| 6. Remove eyesores. Outdated wallpaper, tacky light fixtures, stained carpets and popcorn ceilings are all good candidates for updating. The replacements need not be high-end; just think clean, simple and contemporary. |
| 7. Minor kitchen renovations bank the biggest return. If your kitchen is fairly current, you may want to leave it alone — remodeling a kitchen comes with a hefty cost, and you may only be able to recoup around 65 percent of your investment. Smaller updates such as painting or refinishing cabinets that are still in good shape, or upgrading to Energy Star appliances, can refresh your kitchen's look at a fraction of the cost. |
| 8. French doors add more than light. If you are looking for a special feature to add to your home, consider replacing a door or several windows with French doors. Not only will they let in more light, but the open feel they provide makes the whole space feel larger. Plus, they make for a romantic addition to your home's sale ad. "French doors leading to the garden" — now that has a nice ring to it! |
9. Choose current paint colors. A fresh, crisp paint job in modern neutrals like gray and putty shows off your home to best advantage. Don't feel you have to avoid all color; just be aware that the bolder your choice, the more likely it is that it won't agree with someone. An overly bright or badly chipped exterior paint color may need refreshing too, so don't stop with the indoors.
10. Build in extra storage. Another great investment is to add built-in shelving or cabinets in halls, garages or anywhere you have the space. Buyers love seeing great storage, so this can add a lot of appeal — and if you are able to do some of the work yourself, you can keep costs reasonable.
Do you have a home improvement story to share? What's your advice to those wanting to increase their home's value? Leave a comment and let us know!
More:
Selling to a Younger Buyer
How to Get Ready for a Big Move
Sell Your House Faster: 21 Home Staging Tips
Do you have a home improvement story to share? What's your advice to those wanting to increase their home's value? Leave a comment and let us know!
More:
Selling to a Younger Buyer
How to Get Ready for a Big Move
Sell Your House Faster: 21 Home Staging Tips
Ideabook updated on July 27, 2012.
What are you working on?
News From Our Partners
Latest Ideabooks
People found the photos in this ideabook after searching for:
View over a million photos:

















Go to as many open houses in your local area as you can, note the features, size and condition of each house and compare to your home to assess the advantages your home has to offer or what simple improvements you can make. Look for flaws that would deter you - what flaws does your home have?? Chat to other potential buyers to gauge their reactions, what they are looking for, what is important to them and what is on their 'wish list'. Look at your local area, is there a particular group you would be most likely to be selling to - young families, empty nesters, investors and work from there.
Check out the little things in your home, chipped woodwork or paint, shoddy finishes, worn floor coverings, tile grouting - replacing that can make a bathroom look like new, even just using a grouting pen to freshen the existing grouting does wonders. Check for mould or any sign of water damage, nothing worse than dank smelly areas. Have any water problems fixed, anything obvious will only be deducted from your selling price anyway.
Check Houzz website room by room for little ways you can dress up your rooms cheaply or rearrange furniture to create a whole new and updated look. Just because the rooms look filled with expensive furniture and furnishings, doesn't mean you can't create a similar look inexpensively. When I first started my renovations, I was sent this website as a joke.........it is now my bible, I don't do a thing without checking here first.
Beware of overcapitalising! It can be cheaper to demolish and rebuild rather than extend and/or renovate.
There have been a lot of forums on this subject recently and from all of them one message has been loud and clear ................ clean, clean, clean.
Inside, we knew we had to correct a moisture problem in one bath that had left paint peeling and have some nail pops and such fixed in the drywall throughout the house. For $250, one guy did it all; we repainted that bathroom ourselves. We also had a crack in a fiberglass tub unit. When my husband called a dealer about replacing it, they said no need, that it could be resurfaced and look like new. $150 and two hours later, it was done!
I'd thought to have all our carpets cleaned, but since there weren't any obvious stains the realtor said to save our money. We had carpet buckling in a few places and called a locally owned flooring company for help. They restretched where needed and for $100 any indication of a crease or hump disappeared.
Beyond that, I cleaned all the woodwork and walls, retouched paint and decluttered. We were moving, so why move things we weren't using? We also planned to put our stuff in storage and live in a smaller place temporarily until we decided where we wanted to go next. So we really didn't want to pay to store extra stuff. It was a good strategy. The house had incredible closets and decluttering and arranging showed them off to advantage.
I think people need to be careful what they spent their money on when getting ready to sell a house. Structural things are more important than decor. Plan also that an inspector will find things you missed. In our case, they found the reason for the moisture in the bathroom: a soffett vent directly behind the problem area, clogged with insulation!
Don't discount the importance of a good realtor. Interview several and ask how they handle problems uncovered during inspection. We didn't ask this upfront, but did choose someone with a lot of experience who we trusted. He had a designated staff person who expedites closing and took care of finding quality people to handle the repairs and get it done quickly for a reasonable price. We didn't need to come up with any additional cash, as he agreed to settle it at closing. This realtor's commission was a smidge higher than others we interviewed, but he earned it, hands down. Some of the houses in our neighborhood that had been for sale before ours switched to our realtor after our house sold so quickly.
As for the comment on beige it's basically a palette that is feeling very 1999-2009. The latest palette is greige. If that's too cool for you, look for warm greys with possible green undertones. Calming, warm, yet subdued helps the buyer relax and enjoy the house when they walk in the door.
As a home stager in Seattle, I often come across homes that have been remodeled by home owners AND builders, where the updates and floor plans were not thought through so well. Most of these homes, even though they have beautiful finishes, they sit on the market longer.
In addition to your suggestions, this is the advice I give homeowners: before you decide to make any updates to your home when you are planning to sell your home is first identify the targeted buyers for you home and keep them in mind when you are making your plans. You'll be happy you did.
I blog about this a lot and if anyone is interested, they can find them on my website. www.SeattleStagedToSell.com
I recently saw a blog in this website by a designer who had redecorated a beach house with all white walls and then used fresh, summery colours to liven the decor. Each room owned a colour but included pops of other colours to tie the whole house together. Nothing about it was my style at all but I absolutely loved it because it was perfect for the house, it was beach mood with class. I hate white walls, I've tried them and they look terrible in my home, but in this case anything else would have looked cheap.
If you are going to sell in autumn or winter or live in a colder climate, then the beige/brown neutrals are going to look warm, cosy and inviting, if you sell in spring or summer or live in a warm climate, then greys, whites, pale blues with pops of bright summery colours will make the house look fresh, cool, clean and just as inviting. You have to look at what is best for YOUR home and what makes your home inviting and liveable. It is surprising how people can be swayed from their 'trendy' ideas when they see something with mood and character, it all comes down to what people can live with.
Isn't it better to have a true neutral on the walls and have a grey rug, pillows, seat covers, etc.?
Though I like painted walls I like the clean square cut's in the walls better than the rounded edges from piles of paint.
My goal is to sell a house quickly for as much money as someone else is willing to pay. I think many of the respondents here are thinking about what kind of paint they would prefer over the long-term in their own home. Those two objectives may not line up and I certainly encourage branching out from grey if your personal palette needs it.
My own kitchen is high gloss white and three shades of grey in the background. It's trendy as hell and I expect to repaint in a few years when I get bored with it. That will cost me around $2k and one weekend. Not a big deal to freshen things up and get rid of the inevitable smudges and bumps from our kids. If your paint job costs $10k I can see why you only want to do it once. Once you have a good painter do the prep work and throw on the primer, changing color coats is much easier and just involves careful masking.
BTW, we just remodeled our own kitchen and I used Ikea cabinets with their 25 year warranty and interchangeable doors because I can always swap them out right before I want to resell without having to tear out the whole kitchen. The cabinet guys want to sell you wood frames because they are more expensive and pop you into the "full-custom" category. The particleboard is more dimensionally stable around the fluctuating moisture levels in a kitchen and less prone to warp over time. We saved $15k on cabinets and put it into appliances we really love! (Miele, Liebherr)
We have a YouTube Channel Portia+Rohm Realty where I try to add more construction videos of upcoming homes. I've found that the buyers really appreciate seeing what happened behind the walls and the thought process. In the case of 1677 11th St. (one of the videos) the buyer was relocating from out of town and was able to make the offer after his wife saw the during construction and finish tour videos. If you don't feel comfortable making your own, ask your Realtor to do a video tour for you. I have more page views from my videos than from the MLS!
On average, many resales here are on the market for a year or longer now, and it can’t be fun to be in a house that no longer feels like your home; with colors you don’t like, and a lot of your personal stuff stored away.
A lot comes down to personality. I spend a lot of time selecting exactly what I like .. and 10 or 20 years later I still like it, like furniture. Other people make selections on a whim, and 18 months later they’re ready for a change again. The latter can be a lot more expensive.
Since I've confused everyone I'll explain what I meant... I like new contemporary sharp cut corners. After years of piling on paint, those "square cuts" (edges and corners) no longer look sharp they become rounded. Not a big deal to some but to those of us - me - that look is important therefore I don't paint with the fads.
Perhaps I should have remained quiet since my comment seemed to be quite bothersome. Sorry. :`(
I picked the colors I did because I love them, not because its "in". I just got lucky on that one. I hope it's still current when we go to sell, whenever that might be.
There is so much snobbery about products on the TV home shows, people are almost brainwashed into believing they HAVE to have them when all the time the products being pushed are usually those of sponsors - how believable is anything on these shows. Last weekend I looked a 3 beautiful homes on the market, all in the $1.5m price range and ALL homes had exactly the same carpet in a colour I could only describe as pale mud. For that price, I would want a bit of individuality.
When you have been on this earth as long as I have you do become content in and with yourself, your likes and dislikes, and what you are comfortable with, so no amount of hype or snobbery sells a product to me. In fact I just loathe going into shops and having some gung-ho sales person speak to me like I have been locked away for the last 20 years and have no idea of anything, just because I am old. It is lovely to read too, donnaciano that you are still planning to accommodate your 5 children. I am so sick of being constantly told I should downsize but I want the space also for my daughters and my grandchildren to freely visit and stay and I like to think the extra housework helps keep me fit.
Houzz is the best app, because as old as I am I do update and love new ideas. And my kids check it out when they come over and just fawn over it. "This is great mom, help me with this idea".
But every year it is something else that is the new in thing and I might love to look at it, but I really hate having to talk one of the kids out of spending their money on a something they really don't need.
And I truly believe the glass shower had to have first been designed for a movie set. I prefer my shower private. Five kids are now five adults still coming home, just not as often.
We found both of our homes fairly quickly. The first, the family was still in it with a six month old, rocker in front of the television. Had a five and a three year old. The second was complety empty. Clean as a bell, but I could tell where their televisons had been and knew mine were going to sit somewhere else. I assumed it would be the same this time. It's a good thing we aren't in a hurry because it seems to be a whole new ball game now.
I'm just really glad I taught my kids to clean behind themselves and we fixed things when they needed to be fixed. And I might simmer some vanilla and cinnamon on the stove. But I like to do that anyway. It does make the house smell so good. And my older good looking fridge is going with us. My baby's baby loves to get his own ice out of it. Just like she did.
We aren't in a mansion, but we are downsizing a tad. But only because when I'm in the bedroom reading and my husbands on his computer it's a long walk to ask him something. The kids aren't cool with the move yet, but they weren't the first time either. Now with grandkids there's time to make new memories. Enough familiar stuff goes they barely noticed the first move.
I don't ever want my kids or grandkids not to stay because they think they are in the way. And housework does keep you fit.
I love your “pale mud” description! I think I mentioned that my basement was so dark when I bought this house; with olive walls & an olive-brown carpeting, I referred to it as “the bat cave”! I had my own logical preferences, even when I bought my first house at 32, I think it's more a function of "independent thinking" than "age"! I remember asking what mortgage I’d qualify for, and the monthly payment was way higher than I felt comfortable with, regardless of the bank’s calculation. That’s another thing I don’t understand, people shifting responsibility to their lender, because they didn’t think for themselves regarding how much they could afford to pay monthly!
I like all the ideas on Houzz, but I wish they’d put things in perspective .. list renovation costs, mention how much people spent building their custom homes, identify which homeowners just happen to be designers, architects, contractors & cut costs by doing a lot of the work themselves themselves .. and maybe people will see some of those beautiful but extreme designs as impractically expensive for the average person!
I am absolutely loving this website even though I can't buy a lot of things here, I can see outside the square to compromise for the same effect. Unfortunately, I do waste far too much time on it. I just wish the photos on Houzz could be put onto an email individually as I have a daughter in LA with 2 young children so is time poor but when she needs anything I search Houzz for it but then have to put it in my ideas book to email her.
Good luck with your house hunting, looking forward to following your progress.
Strangely, granite hasn't taken off that well, the really in thing is Ceasarstone and I am sick of it - I like to be different. I note in a previous comment you said you have Corian and like it. I have it on my ensuite vanity and love it so much I can't wait to put it in my kitchen when I get up to renovating that. It has to be the easiest product to maintain, I can't understand why it never really took off. My ensuite renovation starts next week and despite my vanity being 32 years old I am keeping it simply because anything else on the market at the moment is impractical rubbish in comparison and I can't bear to part with the Corian. It has a timber veneer finish and I am looking at painting that to update it,
Couldn't agree more with you on the perspective issue, especially useful when people can think of building a house with all the bells and whistles and only one bedroom. Although a lot of things are a bit meaningless here, it is still interesting to know just what people do pay to gauge comparisons. I have also raised several times concern at specific trendy colour schemes with no mention to aspect and lighting. When people are looking for help they can make big mistakes if they don't consider this and people needing help often don't understand that. I mentioned the 3 homes I looked at last weekend all beautifully renovated, stylish and ultra modern, but I also looked at a 4th house built around the same time (most homes here were built 40-50 years ago) but other than a new kitchen - not a recent one at that - the rest of the house was original. The whole downstairs was dank and smelly, built ins were falling apart, upstairs the carpets were filthy and very worn, the floor boards creaked and seemed to move when walked on, built ins smelt of age, bathrooms done in 60s avocado green and tobacco brown and landscaping a mess. The house was empty so absolutely no staging had been done. Asking price? ............high 900ks and it has sold already. Be interesting now to see if it is renovated or detonated. Renovating could cost at least $200 to $300k, a new spec house could cost from $300k up. When I read about homes selling for 200k and 400k and the renovations planned it doesn't give a lot of leeway before you would be overcapitalising, especially in the US market.
I remember a friend years ago, painting her foyer a rich forest green high-gloss paint, which she’d seen in a magazine, and then wondered why it looked so dark in her house .. maybe because the magazine photos were taken with flood lights on in the room!
Are you near the water; because that makes home prices skyrocket. There are small bugalows/cottages here, that are right on the beach walk, and they go for > $1 million too. No clue what they’re like inside, but some are rented for the season, so they may not be in such great shape.
Love the forest green paint - too funny - but that is the sort of thing I mean, people just don't realise these things.
We are almost surrounded by water but because of the steepness of the land and it is surrounded by national park we have no water views, we just enjoy the cooling breezes in summer. It isn't just the water though, the whole area is priced similarly, it is convenient to the CBD and beaches and is a very friendly and safe area with excellent schools and 3 international schools which many people here on secondment prefer to send their children to.
The kitchen was already gorgeous and huge so cleaned the solid cherry cabinets with Pledge (really? A trick my wood floor guy suggested) until they gleamed! Fixed up the landscaping a little to add to the great back and front yards - the fruit trees and hedges were growing in for years.
The main rooms were painted a soft gold/yellow - grey would not have worked with the wood, white french doors or solid cherry storage cabinets throughout the whole house. Little things like having someone in to clean the grout of the bathroom made a huge difference in the overall feel of clean. All new facets, lights, hinges brought it more contemporary.
The biggest expense - we had the bedroom carpet and family room pergo replaced with wood floors and refinished the rest. Everything gleamed.
Agent did a brokers' tour Tuesday, open houses Sat and Sun, and took multiple offers on Tues morning.
We did the right things in our neighborhood to have it stand out - it had some great points despite being much smaller than the generic built houses around; but that's what drew us in when we bought it. We just accented the points we loved about the house and 2 retired couples, a young couple with a new baby, a single mom with a tween daughter - they all loved it enough to go way above asking.
A big generic house around the block - sat for months. Even with modern colors. It was just like all the others so people bought the others at a better price.
http://www.rwebay.com.au