Do you want to increase the value of your Albuquerque home this year? If so, now’s the time to get started! With real estate prices on the rise and a competitive market out there, 2023 is proving to be an excellent opportunity for homeowners looking to make their property even more appealing. But what steps should you take to capitalize on these trends?
Experts suggest doing the following things to add value and appeal to your home in order to make a faster sale.
Use a Real Estate Agent
One of the first things you will want to do if you are thinking about selling your house and want to increase its value would be to use the services of a real estate agent. Many first-time homeowners who are selling assume that selling their house by themselves is easy to do and come to learn the hard way that there are more factors involved than anticipated.
What professionals like The Sandi Pressley Team can do, for example, is to price your home competitively because they have a great understanding of the Albuquerque real estate market. More importantly, when it comes to negotiations, they will ensure that you get the best price for your home, something that you might not be able to do alone. In addition, they will know exactly what renovations to make to increase your home’s price without unnecessarily spending money.
Get a Fresh Coat of Paint
The next thing you will want to do, and something that will instantly increase the value of your home, would be to get a fresh coat of paint. Over time, the exterior of your home deteriorates, which is normal. This can happen because of exposure to the sun, rain, and heavy winds. Getting a fresh coat of paint to protect against sun and rain will definitely increase the value of your home.
In terms of the interior, consider slapping on a fresh coat of paint inside. If you have kids, you know that walls don’t stay clean, and if you have hung up paintings or photographs, they’ve no doubt been damaged. When choosing a paint color, it is best to stick with neutral colours that appeal to most buyers.
Repairs and Light Renovation
One of the most important things you need to do to increase the value of your home would be to do some repairs and some light renovation. As mentioned above, your house will take some damage over time, and things will get broken. It might be a light fixture here and a gutter there, but they add up and make an impression on potential buyers. As such, you should walk around your home and note all the things that need to be repaired.
In addition to doing some repairs, light renovation is a must since some homes can get quite dated rather quickly, depending on the original style. You should do light renovations because you don’t want to renovate the home well past market value since you won’t get your money back on the investment. Things to renovate would be the bathroom and the kitchen since these are two rooms that buyers look at mainly when buying a home.
Do Some Landscaping
Finally, the last thing you should consider doing to increase the value of your home would be some landscaping. Much like the interior, the exterior of your home makes a big impression on potential buyers since it is obviously the first thing they will see when coming for a viewing.
Things to do would be to ensure that the grass is cut at all times. You should also consider trimming the flower beds if you have any and removing weeds. If you have a walkway, ensure it is not overgrown and looks neat and trimmed. If you have any outside lighting, ensure the bulbs have been replaced and are working for any nighttime viewings.
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Albuquerque, NM 87112
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Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.
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