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Thinking of Raising Your Property’s Resale Value? Here’s How

January 10, 2019 LAPMG

Thinking of Raising Your Property’s Resale Value? Here’s how

Thinking of Raising Your Property’s Resale Value? Here’s how

A lot of people are content with minimal renovations before they put their homes out for sale. That’s unfortunate. While it is common knowledge that a fortune can be made from well-renovated houses, we’ll like to dispel the myth that you need a lot of money to achieve this. Renovations do not need to be minimal even if you don’t have bucks to spare because you can secure an awesome resale value for your project just by following our featured steps.

It’ll surprise you that your home has the potential worth than you might have initially figured. By following the practices we shall explain, you set a standard for potential future owners who will be checking it out. So finally, let’s delve into how you can refurbish your property and spike the resale value without hassle.

Ensure the frontals are in impeccable condition

Remember what they say about first impressions? What potential buyers see when they come close to the house perimeter is the main entrance part. Essentially, the buyer’s decision will begin to forge as soon as they approach the main door. Therefore, if that moment particularly strikes them positively, it will go a long way in winning over the potential buyer. Also, note that the exteriors are painted well so no crack is seen. The pathways to the main door and the entire entry part ought to be in the perfect state. Do not forget the lights too as they must be functional while their designs sync with the house’s.

 

Tidy homes have more value

More often than not, clean houses worth more than the damply and unkempt ones on the market.  As such, it is important to attend to spots in the building that are most prone to tears and wears. This could be as a result of weather conditions or constant application of strains to particular spots. Chips in the wall and floors and soiled carpets and rugs are some of the things you should take care of.  As for the potential buyers, it’s better your property doesn’t give off the feeling that their would-be home is like a place from the Jumanji forests. In addition to the general cleanliness, sustainability is key. Take note of the heating and cooling systems, the insulation quality, and the windows et al. House hunters aren’t on the lookout for beautiful sceneries and incredible locations alone, sustainability level of the house commands much too.

 

Don’t forget the kitchen

Louis Parrish once quipped, “if you can organize your kitchen, you can organize your life”- a faux-philosophical maxim that highlights the importance of a special part of the house. As a potential home seller, the state of the kitchen could speak volume about your approach to life. Having a functional and neat kitchen no doubt raises the stock of your home.  And as you fix, repair, and paint the kitchen, focus on providing space too for easy movement.

Focus on the bathroom

The bathroom is another integral side of the room you should pay attention to. The goal is to have a beautiful space that constitutes a contemporary and classic setting. Ensure that you are considerate about what goes up or down. That you fancy colorful ethnic pieces or murals don’t make the eventual buyer love them. Also, keep the designs and accessories simple while the bathroom remains highly functional.

Utilize the space outside

We love gardens and the open air! Do you have a house with a terrace and plants too? You might want to ensure they look incredibly great. A clean garden often gives the impression that the whole property is in perfect state. You don’t need to spend a fortune on getting plants as low-maintenance vegetations can do the job excellently well too. And in the case that there is a balcony with the house, stocking it with minimalist furniture, regardless its size, will be a beautiful sight. As long as space is utilized creatively, the house will attract suitors and equally raise the resale value.

At the Los Angeles Property Management Group, we’re experienced in providing property management regardless of your investment area. We also provide expert opinions on how best to raise the stock of your property resale value without breaking the bank.

 

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Filed Under: Latest News, Property Management Education, Property Management FAQ, Residential Properties Tagged With: real estate tips

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    Studio City, CA, 91604
    Phone: 323-255-9400
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