Real Estate

How to maximize property sale price

Selling your home is a huge task, and it’s a challenge that you will struggle to get 100% right. There are so many aspects to what you need to do, and making it work is not always easy. Maximizing the value of your home is one of the things that you should certainly be thinking about. You don’t want to be forced into accepting a substandard offer for your home property. That wouldn’t be right, and it would leave you in an unfortunate position.

Rather than leaving your home as it is and letting the market decide its worth, you should step in and make changes to it. There are so many things you can do to your home to maximize its value. You might be surprised by just how many options are open to you.

For people to be willing to spend more on your property, you have to provide them with reasons. They’re not going to offer higher bids just because you want them to. Read on to learn about the changes you should be making in order to truly maximize the sale price of your home.

1. Make it Clean and Tidy

It’s often the most simple and straightforward things that matter most of all when you’re trying to sell your home for a high price. People don’t expect miracles, but they do expect a basic level of tidiness and cleanliness when they look around a home. If they see that it’s dirty and messy, they will immediately have a positive image of it in their mind. And when it comes to making an offer, if they make one at all, it will not be as high as you would like it to be. So, always make an effort to tidy up and clean before allowing potential buyers through the door.

2. Focus Your Improvement Efforts on the Kitchen and Bathroom

The two rooms in the house that matter more than any others are the kitchen and the bathroom. For families, these are the spaces that get used by everyone at different times. The kitchen is always important because people like to have a space to entertain and eat with the family. These days, most people want an open kitchen and dining area they can make use of. And your bathroom needs to be as modern as it can be because no one likes bathroom fixtures that are stuck in the past. Update the fixture you have in place if necessary.

3. Boost That Curb Appeal

It’s believed that most people have decided whether or not they want to buy a home property before they have even walked through the door. Whether this is true or not, it highlights a salient point: that curb appeal matters a great deal. When your potential buyers arrive at the house and get out of the car, what they see will color their feelings towards the house right away. If they don’t like what they see on the outside, then this will impact the amount of money they’ll be willing to pay for the property.

4. Highlight Any Period Features

If your home is lucky enough to contain any period features, you should make the most of them to improve the sale price of your home. Highlight them to buyers and talk them through the history of the property and how those period features were first established. People love a narrative like this, and they love the idea of buying a chunk of history too. So, don’t shy these things away because they really do go down well. They should be boasted about, not hidden from sight. Not everything in the home has to be ultra-modern.

5. Do Something With Wasted Space

Most homes have some form of wasted space that shouldn’t be left empty but it is. It could be a basement that you’re not doing anything with. By making it into a functional space, you will be able to tell potential buyers that this space is useful to you, and that means it can be useful to them too. It’s almost like adding a whole other room to your home. Some people even go as far as converting the attic into a bedroom. Buyers love extra bedrooms, and they’re always willing to pay that little bit more for another bedroom.

6. Give Your Garden the Wow Factor

Your home doesn’t end at the back door, and that’s why you should be taking steps to improve your garden. You want everyone who sees it to feel that instant wow factor. This is especially true if you’re trying to sell your home to parents who have young children. Showing them the extent of useful outdoor space you have to provide could really persuade them to part with more of their cash when it comes to making a bid and negotiating it with you. There are so many fixes and upgrades that could be made to your garden.

7. Change the Old Flooring

The old flooring in your home might be tired and dull. Unless you have strong and durable wood floors in place, it’s worth looking into an upgrade. There is nothing worse than old lino that’s past its best. Even a grand apartment in Paris can be ruined by poor flooring options. By paying for an upgrade, you might be able to get a lot more money for your home when it eventually sells. It’s definitely something to consider, even if it means spending more money than you’d like. Your sale price will certainly look a lot healthier as a result of such changes.

8. Get Rid of Any Obviously Contentious Aspects

There is no sense in turning people off your home property and damaging its sale price by being too contentious and ostentatious. It’s always much better to keep things a little more muted and to avoid any controversial design choices. People can often fail to see past design choices that are in your face and out of the ordinary. It’s an old cliche, but it holds true; you really do need to make the home’s design as plain and neutral as you can when the time comes to sell it. It’s always the safest bet.

9. Increase Storage Space

Storage is a big deal for many people, especially those with a family that they need to cater for. If you can offer people a lot of storage space, they will have one less reason to offer a lower than average amount for your home. These days, we all have so many things and, often, not enough places to store those things. So, if a potential buyer has a choice between your home and a similar alternative, it could be the case that the one with the better storage options gets bought while the other doesn’t. That’s how highly many people value storage options right now.

10. Remove Your Clutter

Any clutter in your home should be removed before you try to sell it. As well as looking messy and untidy, clutter can make your home look and feel smaller than it actually is. Clearly, this is not what you want to happen. It’s the wrong impression, and it almost always leads to lower sale prices. People want to buy homes with space, but they need to see that space with their own two eyes. They can’t do that if your home has all of its space cluttered up with possessions that you can’t store anywhere else.

11. Add Depth and Accentuate the Space You Have Available

As well as getting rid of any clutter in your home, you should be taking further steps to add depth to the rooms in your home. Anything that can be done to accentuate the depth of the rooms should be done. When you have more space available, and it looks even more spacious than it actually is in reality, you will attract more people. That inevitably leads to more bids and a possible bidding war. That’s when you can really start to see the expected sale price to rise and rise.

12. Knock Down Unnecessary Walls

This might sound like a pretty drastic step to take when you’re in the process of trying to sell your home. However, if you want to make your home worth as much as possible, you need to make the spaces open and expansive, rather than cramped and shut off. If there are too many non-load bearing walls in your home, it could be a good idea to knock some of them down. If they are serving no positive function at all in your home, then why should they stick around any longer? People like open plans and wide spaces in homes these days.

As you can see, there are so many fantastic ways to improve your home and improve its sale price at the same time. Everyone wants to get as much money as possible for their home when the time comes to sell it, so don’t hesitate to make the most of this advice.