Are you in the process of selling a home or thinking about putting your house on the market in the near future? Then now is the time to make a concerted effort to ramp up the potential sale price, asking price, and resale value. Fortunately, a small investment now can go a long way toward reaping a high ROI (return on investment) when sale day arrives. What are the most effective moves people make to bring in more cash for a forsale house?
Besides the all-time favorite, roof replacement, other productive approaches include adding a home lift, doing a full-scale paint job inside and out, upgrading all the HVAC components or replacing the unit entirely, and adding a backyard swimming pool. It’s important to note that all the methods people use to boost the value of a house also serve to make homes more livable, comfortable, and convenient for long-term occupancy. That way, even if you decide not to sell, the upgrade will help you enjoy your home more completely for years to come. Here are the most cost-effective tactics for upping a home’s resale price.
Install a Lift
Putting in a home lift can significantly up the potential resale price of any home. Additionally, when you consult with domestic home lifts experts to add a new unit, the result can be a shorter selling time due to the number of interested buyers. But there are other benefits of lifts besides those related to selling faster and for more money. Domestic lifts not only add a touch of elegance and class to any room they’re in, but they also make it possible for older adults and very young children to move floor to floor safely, never having to use long staircases or risk falling.
Replace the Roof and Paint Inside and Out
Roof replacement is one of the most popular ways to instantly ramp up the possible resale price of a residential structure. In fact, most people shopping for new houses ask first about the roof before even entering and touring the living space. A roof replacement or full-scale upgrade can mean better selling prices and more bids for sellers who might otherwise be struggling to attract attention to their listing. The same is true for owners who decide to invest in a professional interior and exterior paint job. A fresh coat of paint can immediately transform the overall look and attractiveness of any house.
Upgrade HVAC Components
Sharp-eyed home shoppers take careful notes about the state of HVAC systems, the heating-ventilation-air conditioning arrays that are often the centerpiece of a residence’s infrastructure. One reason for paying such close attention to the HVAC condition is that replacement costs for faulty ones can be extremely high. Property owners who take the time to obtain a thorough inspection of their units before sale are making a wise investment in a number of ways. Then, it can be even better to replace or repair any HVAC components that are faulty or about to reach the end of their expected life cycles. For owners who decide not to sell, the expense can be viewed as an investment that likely prevents a more costly repair in the near future.