Add value to your house


8 Ways To Increase Your Home's Value

Whether your goal is to renovate your home this year or sell it, making home improvements can increase your home’s value.

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8 ways to increase the value of your home

1. Clean and declutter

To help boost the value of your home, begin by decreasing the amount of stuff that’s inside it. Cleaning and decluttering are relatively inexpensive tasks, even in bigger homes. Professionally cleaning a four-bedroom home costs between $200 and $225, according to HomeAdvisor.

Of course, you could save money by doing the work yourself. Start by going through cabinets and closets and making donation piles. Then clean out drawers and other storage areas, making sure you’re not keeping anything you don’t need or want.

2. Add usable square footage

Adding more usable space to an existing home can make a lot of financial sense, and that’s especially true in areas with limited available real estate where land and space are finite.

Homes are valued and priced by the livable square feet they contain, and the more livable square feet, the better, says Benjamin Ross, a Realtor and real estate investor based in Corpus Christi, Texas. As a result, adding a bathroom, a great room or another needed space to a home can increase function and add value.

Adding a separate mother-in-law suite can also be a smart idea, says Ross, noting that “most homes do not have this feature, so adding one sets you apart from the competition when it is time to sell.”

The national average cost to build an addition is $49,562, according to estimates from HomeAdvisor. The actual cost will vary depending on the type of room you’re looking to add. For example, tacking on a laundry room to your home might be as little as around $8,000, while adding a new bedroom with an en suite bathroom might run up to $100,000.

3. Make your home more energy-efficient

Projects that lower utility bills is a smart way to increase the value of your home. Installing a smart thermostat, for example, helps improve efficiency and save money, says Scott Ewald of Trane, an HVAC company.

“The right smart thermostat will allow a homeowner to control their home’s climate from anywhere, giving them the power to manage energy costs regardless of whether they are sitting on the couch or away on vacation,” says Ewald. “Such investments in home tech — particularly when connected to the HVAC, which is the largest mechanical system in the home — provides a strong selling point and highlights the home’s overall comfort, functionality, energy efficiency and convenience.”

It can cost between $200 to $500 to make this quick upgrade, according to Fixr, or an average of about $300.

Other ways to improve your home’s efficiency and value include replacing old, leaky windows, installing energy-efficient home appliances and adding insulation to your home. Keep in mind, though, that new windows and new appliances will be a much more expensive project.

4. Spruce it up with fresh paint

One of the most popular home improvement projects in 2022 is painting or wallpapering, according to Angi. A fresh coat of paint can make even dated exteriors and interiors look fresh and new — and it’s not that expensive, either.

Begin by repainting any rooms with an “odd” color scheme, says Timothy Wiedman, a former professor and personal finance expert who has flipped homes over his career. For example, did you let your then-11-year-old daughter paint her bedroom hot pink 16 years ago? If so, that’s a good place to start.

Your painting budget will depend on which rooms you’re hoping to give a new splash of color. For example, HomeAdvisor pegs painting a bathroom — usually the smallest room in the house — somewhere between $150 and $350, while a 330-square-foot living room might cost as much as $2,000.

5. Work on your curb appeal

From power washing your driveway to hiring someone to wash your windows and mow the lawn, improving curb appeal can make a big difference in your home’s value. In fact, curb appeal can account for as much as 7 percent of it, according to a 2020 joint study out of the University of Texas at Arlington and the University of Alabama.

Upgrading your landscape can go a long way, says Joe Raboine, director of Residential Hardscapes with Belgard.

Some ideas: a fresh walkway, shrubs, planters, mulching or even a new paver patio or outdoor kitchen.

6. Upgrade your exterior doors

Also in the vein of curb appeal, replacing an old front door can work wonders, says Wiedman. In the late ’90s, he and his wife replaced an old, ugly door with a solid mahogany door with a frosted, oval piece of lead glass. He stained the door himself to save money, and the result was “simply stunning.”

Don’t forget the garage doors, too, says Randy Oliver, president of Hollywood-Crawford Door Company. At a 93 percent return-on-investment, you’ll get back nearly every cent you spend, according to Remodeling magazine’s 2022 Cost vs. Value Report.

“The front of the home is the first thing you, your neighbors and prospective buyers will see,” says Oliver. “Garage doors often take up the most amount of space on the front of your home, so installing a modern glass panel door or a rustic wood door will dramatically improve your home’s appearance.”

7. Give your kitchen an updated look

Many buyers zero in on the kitchen as the central feature of a home, so if yours is outdated, it can ultimately affect how much you garner from a sale. Likewise, if you aren’t able to utilize your kitchen fully due to layout, space or other concerns, you won’t be maximizing the space.

This project, though, will require a lot of money, and you likely won’t get every dollar you invest back. According to the NAR/NARI report, the average kitchen remodel costs around $80,000, and a homeowner would likely get around $60,000 of value when it’s time to sell.

If updating your entire kitchen is too big of an undertaking, a minor remodel could still have an impact on your home’s value — think coordinating appliances and installing modern hardware on your cabinets. Talk with a real estate agent about what makes the most sense and what will command the most dollars from prospective buyers.

8. Stage your home

If you’re planning to list your home for sale, consider skipping cosmetic home improvements and go with a home staging service instead. Seventy-three percent of staged homes sold for over list price — an average of $40,000 higher — and staged homes move off the market nine days faster than the average, according to the Real Estate Staging Association.

Staging costs just over $1,600 on average, according to HomeAdvisor, but the cost varies based on your needs and home. Staging services range widely, from decluttering and depersonalization (for example, removing family photos or specific decor) to bringing in rented furnishings, repainting and more. Simply put, the more work involved to stage it, the more expensive the production will be. A real estate agent can help you determine which staging services would make an impact on your home’s value.

How to pay for home improvements to increase value

Whether you plan to sell your home or just want to enjoy it more while you live there, it’s important to consider how you’ll pay for these value-adding projects. You can work to save the cash to pay for home improvements as you go, but there are also plenty of financing options that can help you remodel your home sooner rather than later.

Personal loan

Personal loans allow you to borrow a fixed amount of money with a fixed interest rate. These loans are unsecured, meaning you don’t have to put your home or other property up as collateral to get approved. Many personal loan lenders let you borrow as much as $35,000 for home improvements — sometimes more — which you can then repay over time. The rates for a personal loan can vary widely, so be sure to compare options to get the lowest-cost loan for your project.

Home equity loan or HELOC

Home equity loans are similar to personal loans in that you receive a lump sum of cash with a fixed interest rate and fixed monthly payment. Home equity lines of credit, also known as HELOCs, work like credit cards, and come with variable rates and a line of credit you can borrow against.

These borrowing options require you to put your home up as collateral to qualify. The good news is, you could score a lower interest rate with one of these types of loans compared to a personal loan or home improvement loan. In addition, no matter which option you go with, the interest might be deductible if you use the money to make eligible home improvements.

0% APR credit card

If you need to borrow a small amount of cash for your home improvement plans, you might be able to skip the loan and go with a 0% APR credit card instead. Many cards have no interest payments on balances for up to 18 months, which can be ideal if you have a smaller-scale project in mind. A credit card can also work well if you’re able to pay your contractor with it.

Just remember: If you don’t pay your balance off by the time your zero-percent APR offer ends, your card’s interest rate will reset to a much higher variable rate, costing you more.

Cash-out refinance

If you have built equity in your home and you’re looking to do a major renovation, a cash-out refinance could provide you with the funds you need while getting you a lower rate on your current mortgage. The refinancing process is just as paperwork-heavy as taking out a mortgage, however, and there are closing costs to consider. If you go this route, take the time to shop around for the best refinance rates so you maximize your savings.

Improvements to increase value FAQ

17 best ways to add value to your home

(Image credit: Creative Tonic Design)

Knowing the best ways to add value to your home has always been important – but never more so than in 2022, as house prices and mortgage rates* continue to rise following the pandemic.  

Knowing how to make your house stand out to potential buyers can often feel overwhelming – especially in such an ever-changing, competitive market – but the process doesn't need to be complex. If you steer away from the home improvements that won't add value – and focus on the renovation ideas that will sell your home (for the right price) fast. 

The home improvements that can add value – according to experts

Designing your dream home doesn’t come cheap, and when it comes to renovating a house, it's imperative to ensure you’re spending your money wisely.

Our advice, before you begin any major project, is to speak with a trusted local real estate agent for advice about which home improvements they think will make the most difference where you live. However, while each property differs, some are usually always worth the investment. Here are the top renovation and decorating ideas to try this year. 

1. Boost curb appeal 

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The best place to begin when creating a powerful first impression is on the outside. Whether you're experimenting with new front door color ideas or you hire a professional landscaper to accentuate your front yard, you only have one chance to set the tone your home deserves. 

'Hiring a landscaper is time and money well spent,' says Chase Michels of The Michels Group by Compass. 'A review of research by Alex X. Niemiera, a horticulturist at Virginia Tech, found that a well-landscaped home had a 5.5-12.7% price advantage over a home with no landscaping. That translates into an extra $16,500 to $38,100 in value on a $300,000 home,' Chase says. 

'Niemera states that the number-one thing that buyers are looking for in landscaping is a sophisticated design. Close behind are plant size and maturity.'

2. Adding stone veneer 

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According to Chase, adding stone veneer is one of the most impactful ways to generate a profit from a renovation. 

'Adding manufactured stone veneer is the number one project for recouping your investment. The 2020 national average stone veneer job costs $9,357 and the average resale value added was $8,943 for a cost recoup of 95.6%.' So, if you're looking for traditional garden ideas with economical benefits, this renovation is the solution. 

3. Replacing your garage door

(Image credit: Antoine Bootz)

Designing and organizing a garage may not seem impactful in the overall scheme of your home. However, Chase explains, it is one of the best investments you can make to generate a return. 'The 2020 average job cost was $3,695 and added $3,491 in resale value for a 94.5% cost recoup,' the realtor shares. However, he recommends doing it sooner rather than later, so you can enjoy its benefits for a longer time. 

'Go ahead and make the updates while you live in the home instead of making them right before you resell it,' he says.

4. Painting and giving your interiors a decor refresh

(Image credit: Annie Sloan)

The old adage holds true: flirting with new paint ideas does wonders. The same can be said for wallpaper, new carpeting or drapes or just simply a general decor refresh. However, painting is one of the cheapest and impactful ways to add value to your home.

'On average, a gallon of paint costs around $25, leaving you plenty of money to buy rollers, tape, drop cloths, and brushes. Studies show that painting the interior of a home has an average return of 100-120% on the investment,' Chase says. 'A crisp, clean property appeals to the buyer and makes a huge difference.'

And even if you're not selling, there's no harm in redecorating now and again to ensure your home looks its best. So you can continue to enjoy living there too. 

5. Paint your exteriors

(Image credit: Jody Stewart)

Don't use all your color ideas up on your interiors. While it is important to colorize the inside of your home, the exterior is just as impactful. 

'Painting the exterior is also a cost-effective upgrade for a home. According to Consumer Reports, an exterior paint job can potentially increase the value of your home from 2-5%,' Chase says. 'Selecting the right exterior paint will give your home a clean look and the widest range of buyers and help improve its value.'

6. Adding a conservatory or sunroom

(Image credit: James Balston)

Research shows that adding a new conservatory or sunroom is one of the most cost-effective ways to add value to your home. 

The average cost is around $12,000, but adding one will bring an estimated 6% uplift to the value of your property. On a house price of $320,000, that’s a boost of $19,000, adding $8,000 to your property’s price once the cost of the project is accounted for.

7. Replacing a dated kitchen

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Updating your kitchen ideas is nearly always money well spent. At upwards of $12,000, it’s an expensive home improvement but one that can boost your property's value by 5.5%, which equates to $17,400 on the average property. 

Once the cost of the work is covered, a new kitchen will still add $6,700 in additional value to your home. Failing that, replacing a tired old kitchen worktop is an easy win when considering ways to improve your home.  

Heather from MyJobQuote agrees. 'Not only will this improve the overall aesthetic of your kitchen, but it can also be completed with minimal disruption.'

8. Manicuring your front yard

(Image credit: Proven Winners)

If you have ever walked past a home and 'stopped to smell the roses', you'll recognize the importance of a beautifully manicured front garden. But what can you do to make sure your front yard landscaping ideas set the right tone for the rest of your home?

A report found that 67% of people are more inclined to view a house if the garden is up to scratch, as it means less work and better views. Surveying 3,400 people, OnBuy’s Garden Furniture sector presented images of 20 similar-looking houses with different plants in the front garden and asked respondents to rank the houses from most to least desirable.

Hydrangeas rank first, with 78% choosing them as most desirable. The bold flowers are perfect as the ever-changing blooms bring a new sense of character to the front garden. Although their gorgeous appearance can seem high maintenance, with the correct care, they are fairly easy to grow.

In second place are lilies; these minimal effort flowers caught the eye of 71% of potential buyers, who think it makes a home’s exterior more attractive. The flowers return year after year and require minimal care, so they’re definitely worth planting.

Lavender is the third most desired choice, with the fragrant flowering plant attracting 64% of respondents’ attention. The Mediterranean evergreen shrub repels bugs due to its fragrance, and it’s easy to grow, as long as it is kept away from moist, wet areas.

The secret to having a garden that appeals to more of your senses is to choose scented flowers that bloom at different times of the year and give perfume at different times of the day. For example, lavender planted on either side of a path is popular for good reason as you brush the blooms as you pass, and so release the scent.

9. Updating a boiler / central heating

(Image credit: The Radiator Company)

A new boiler or central heating system ($2,883) is an important factor to consider, especially if you live in the Northern Hemisphere. 

And, if you are planning to sell your home, a dated or inefficient boiler can put potential buyers off. It's important to tend to these basics before you put any love into your decor.

10. Fixing a damaged roof

(Image credit: Matthew Millman)

A new roof ($2,200) is essential for insulation and structural reasons. So, while it may seem like a costly investment now, it is better to ensure your home is safe and leak-free before inviting surveyors, estate agents, and potential buyers to your home. 

11. Adding a new bathroom

(Image credit: Studio Thomas James/Costa Christ)

Playing with new bathroom ideas (around $1,762) is also one of the best tasks to undertake regarding the value-added once the cost of the work is accounted for. It is often said that potential buyers' look at the kitchen and bathroom first before pursuing a property.

12. Adding double glazing

(Image credit: Paper & Paint Library )

Double glazing doesn’t add much immediate value and it is costly, however, it will cover its own cost and will bring a long-term benefit where energy efficiency is concerned – and it will save buyers from having to take on the task. 

13. Accentuating a sunny spot in the garden

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A recent survey conducted by Rightmove in the UK showed that homes with highly-coveted south-facing gardens could be worth up to $30,000 more than those without. The data looked at just under 400,000 three and four bedroom homes and found that a south-facing garden was one of the prime factors for adding value to a home. 

Of course, there's not much you can do to change the orientation of your garden, but if you are planning to sell and don't already have one, it's time to create a defined seating area in a sunny spot in your garden so that potential buyers can picture themselves enjoying the weather.  

'Without a doubt, we’ve seen huge demand for homes with a south-facing garden,' says David Phillip, partner of David Phillip Real Estate Agents in Yorkshire. 'You’d be amazed at how many people turn up to a viewing and use the compass on their phone to work out where the sun is coming from; it’s a really important requirement.'

14. Playing with a Scandinavian-style decor scheme

(Image credit: James Merrell / Future)

Scandinavian decor has been influencing the way we design our homes for decades, but did you know that it can also add value to your home once it comes time to sell up and move on?

Following analysis by Bankrate of the most popular décor designs and hundreds of house prices on online real estate platform Zoopla to determine which interior design style adds the most value to your home, Scandinavian-style was declared the most popular.

15. Decluttering and depersonalizing to add value

(Image credit: Jessica Nelson Design/Carina Skrobecki)

Buyers need to see the space they are getting to see how good value it is. They want to see the condition of the walls and floor, which is difficult when most of it is covered with other people’s belongings. When following the right decluttering tips, you are also allowing the buyer to see the space and imagine themselves living in it – you are selling a lifestyle and a dream.

Nobody has the exact same taste in décor, and future buyers must be able to visualize themselves living in your space, so consider removing any decoration that shows too much personality. Just because something adds character to the property to make it your home, this doesn’t necessarily mean any value is being added to the property’s saleability.

16. Wash the windows

(Image credit: James Merrell)

Getting down to basics now... Prospective buyers will pay more attention to windows, and they will immediately give a sense of how well maintained the rest of the house is. If you have easy access give them a thorough wash and if your house has wooden windows, then consider giving them a fresh lick of paint to stop them looking old and cracked.

17. Making your home improvements 'smart'

(Image credit: Brent Darby)

Energy-saving and environmentally-friendly enhancements may be good for the planet – but they are also good for your home and your pocket. So what are the top eco-friendly, 'smart' home improvements that you could be making?

With ‘home improvement’ searches up 380% according to Google Trends, it seems we’re focused on updating and fixing-up our homes during lockdown. Interestingly, according to a recent report by Rated People , nearly a third of homeowners (31%) are looking to specifically take on eco-related work at home this year – showing that energy efficiency and green issues are of high importance to homeowners.

The report, which surveyed over 1,000 homeowners, also reveals the top 10 eco focuses that homeowners are tackling – with the number one improvement simply being to install smart lighting, energy efficient LED bulbs that can be automated and controlled via an app. Nearly a third (31%) are making this style of lighting their priority with their home improvements, with upgrading to eco-friendly appliances and double-glazing next on the list, followed by home chargers for electric cars and upgrading insulation.

*According to a Housing Market Prediction by Forbes.

Jennifer is the Digital Editor at Homes & Gardens. Having worked in the interiors industry for a number of years, spanning many publications, she now hones her digital prowess on the 'best interiors website' in the world. Multi-skilled, Jennifer has worked in PR and marketing, and the occasional dabble in the social media, commercial and e-commerce space. Over the years, she has written about every area of the home, from compiling design houses from some of the best interior designers in the world to sourcing celebrity homes, reviewing appliances and even the odd news story or two.

10 simple secrets to increase the value of your home

Make your home look attractive

When putting up a building for sale, many people often forget about the importance of its appearance. All attention is focused on interior layouts and interiors, but this is fundamentally not true. After all, a person receives the first impression when he sees the house from the outside, and it does not always play in favor of the seller. Therefore, in order not to miss potential buyers, the Beautiful Country House offers its visitors several ways to change this situation for the better. We advise you to make sure that the appearance of your home ownership does not scare away, but rather attracts potential future owners.

Exterior refurbishment

The front is the first thing a customer sees, so why not freshen it up before selling. If your wooden house is painted, you must first remove the old paint and dirt, treat with special primers to prevent mold, and repaint. A stone or brick house is also worth preparing. You can wash it with special equipment, paint cornices and other architectural details to look fresh and welcoming, and use Street Art.

Place for recreation

Equip a place for recreation and entertainment in the surrounding area

Porch, porch, backyard - all this can be a great place for family entertainment or gatherings with friends. Make sure the lawn is well maintained, arrange comfortable furniture, table and floor vases with fresh flowers, scatter colorful cushions, trim overgrown bushes, and decorate the area with potted ornamental plants. This will turn the area around the house into a very pretty and cozy space.

Replacement of windows and doors

These are things that are highly valued when buying a home. Their quality can seriously affect even the cost of the house. Therefore, replacing outdated double-glazed windows and worn-out doors will be a wise decision. Especially if you live in rather extreme climatic conditions of cold winters or hot summers.

Extra amenities

Extra amenities are highly desirable when selling your home

Your backyard may have a swimming pool with aqua design, hot tub, relaxation area with professional barbecue, or a summer kitchen. All of these additional options can play a positive role if all of the above is cleaned, repaired, and is in working order.

Landscaping

Well maintained and beautifully landscaped grounds can play an important role in winning the hearts of your potential buyers before they even reach the door of your home. If your landings are outdated, you can invite professionals to clean up and update the design. Many shrubs, flowers, lawns decorated with colored mulch, small architectural forms and pavement paths will delight the eye and attract attention.

Use color

Add color to your home

A seasonal color palette will enhance the appeal and create the perfect home feeling. Colorful lawn furniture, front door, architraves and even a mailbox in the right design against the backdrop of hedges will create the right mood and leave the most pleasant impression on potential clients.

New Entrance Door

Perhaps you should give your front door a makeover with a bright new door and decorate it with an original brass or nickel number. And in addition, place a bell, a door knocker or lamps in the same style.

Ecological comfort

You can increase the list of such options and thereby make your offer more attractive to the buyer for a variety of purposes, such as street lighting, or a green roof with vegetation, greatly increase the value of your home.

Outdoor Lighting

Architectural and Landscape Lighting

Homeowners often forget about it, which is fundamentally wrong, especially when it comes to safety. In addition, landscape lighting will best decorate the surrounding area in the evening, and architectural lighting will decorate the house itself. Therefore, we advise you not to neglect the opportunity to showcase your property in the best possible way at any time of the day with the help of garden lighting.

Look at the house with an open mind

You probably think that the only way to increase the price is through upgrades that require another cash investment. However, it may turn out to be even easier than you might think. Look at your home and yard as if you were an outsider. Your gaze will immediately catch on to a broken branch that you never bothered to cut, an old and rusty children's bike in the corner of the yard, overturned garbage cans in the garage. All these little things are so familiar that you do not notice them, but a stranger will see them first of all. Remove anything that might spoil the impression of potential buyers.

We hope that the advice of our interior design portal will help you take all measures to increase the value of the house you are putting up for sale, and in no case be cheap. Maybe you have some ideas of your own to increase the value? Share them in the comments!

How to increase the value of your home?

The value of your home can be increased by making small changes before selling or renting. Thus, you will make more profit and find a buyer for your home in a shorter time.

Before you sell or rent a property, you need to correctly define your target audience. Does your home attract students, families with children, single people, or newly married couples? After you decide on the target audience, you can begin to transform housing.

Every man's dream is to sell the house he owns for the highest possible price. The way to increase the value of your home is to pay attention to a few important details.

You can learn how to add value to your home by turning even disadvantages into advantages by following the 10 simple and practical steps listed below.

1. Reduce your energy bills

An important thing to consider when renting or selling a home is that subscription fees such as electricity and water are in the tenant's name. Thus, you can take precautions against situations such as non-payment of bills. If there is already a tenant in the house, the used part should be deducted from the rent.

2. Re-paint the walls

After a tenant in your house leaves, you should start painting before looking for a new tenant. The same goes for property owners who want to sell their home. Although bright walls attract the attention of some buyers, be careful to use solid colors in the home you are about to rent or sell.

When preparing your home for new owners, the easiest way to give the rooms a clean and spacious look is to whitewash them. For ease of use and hygiene, it is important to choose paints that are suitable for indoor use, that can be wiped down and that prevent mold formation. To make the rooms look spacious and bright, give preference to light colors when choosing a color. While tones such as champagne, honey foam and sandy beige give a warm atmosphere to the setting, colors such as gray, lilac and blue will create a modern look.

3. Replace old items

Built-in wardrobes and walk-in closets are used to provide additional storage space. Particularly large families need extra storage space for surplus items and outerwear such as shoes and coats. You can also add value to your home by installing fixed cabinets, useful shelves, a walk-in closet or hanger.

4. Replace worn floors

Whether it's an empty home or a furnished home, flooring is an important method of increasing resale value. Clean and bright floors give your home a higher quality and inviting atmosphere. The cleanliness and newness of floors are some of the characteristics that can easily impress potential buyers. If they are worn out, replace them with new ones.

When buying or renting a house, first of all, the interior decoration is also important. Therefore, in order to make a positive impression on your potential buyers, you should replace old, worn-out hardwood floors and tiles in your home. You can choose parquet floors that are not exposed to water in the rooms, as well as tiles in the kitchen, bathroom and balcony. Choosing a tile color in tones that match the whitewash or wallpaper will ensure harmony between the floor and the walls.

5. Organize your garden

If you have a garden, you will need to pay as much attention to it as you would to the interior of your home. With the help of landscape specialists, take care of landscaping and planting flower crops in your garden.

If your home has just been completed, be sure to thoroughly clean up any signs of construction work before you start looking for new owners or tenants for your home.

6. Increase storage space

You can increase the market value of your home with a variety of renovations before they let or sell your home. While interior decoration, updated at little cost, changes the atmosphere of a place, houses can be made more useful through maintenance and repairs. One of them is to expand storage areas. This can be a very deciding factor, especially for large families.

7. Repair the roof if it leaks.

Before listing your home for sale, overhaul the electrical, water and gas systems. By calling in experts in the field, you can check the plumbing in the house, making it easy for you to find new owners or tenants.

8. Repair internal damage.

Before you put your house up for sale, repair the damage in it - this will increase the price. Nobody wants to buy a troubled house. Even in those homes that will be bought at an affordable price, a small number of problems will move the buyer closer to a more attractive home. Eliminating parts like sinks and faucets before selling will help keep the price down.

9. Tidy up the bathroom.

One of the most important parts of the house is the bathroom. Buyers first of all pay attention to the bathroom before buying a house. Therefore, you need to make sure that the bathroom equipment is of good quality and installed securely.

If things like the sink you use in your bathroom in your home look old, run down and dirty, it will negatively impact the customer experience and experience. Before listing a house for sale, tidy up these rooms and replace the old ones if necessary.

10. Change the lighting

If you are still living in your home when it is listed for sale, you may need some decorations. You can design attractive details that will make a potential buyer want to buy a house. For example, you can install additional lighting in some important places to create a bright atmosphere. Even if you have a dark house in some parts, you can eliminate this drawback in this way.

How is the value of your home determined?

Determining the real value of real estate provides mutual confidence of buyers and sellers when buying a house. Several methods can be used to determine the value of your home. By applying these methods and comparing the data obtained, you can find out the real value of the house. These methods are as follows;

What factors should be considered when determining the value of a house?

Factors such as the age of the building, the facade of the house, the square meter, the floor on which it is located, the presence of an elevator in the building are also of great importance in determining the value of your home.

When buying a house, not only the interior of the house is extremely important, but also the area and location of the house. Remember that you are not only selling the house, but also its location. Make a list of how many malls, schools, supermarkets, hospitals, parks, entertainment centers, gardens, and other important institutions and organizations are in and around your home. When you add all these details to your listing, you will be able to sell your home, for which you have increased the selling price, in the fastest way for the price you want.

How to calculate the value of investment property?

The most important step for your investment is to know the true value of the property you have bought or invested in. There are 3 main ways to find this out:

Calculating the value of your home based on rent: The easiest method you can use to calculate the value of your home is the amount of the monthly rent. Of course, a house with a high rental price has a higher value, and a house with a low rental price has a lower value. To calculate the cost of housing in Turkey, 214 monthly rental payments are calculated.

Comparison of prices with houses in the same location: although the location of the property is one of the most important factors in determining the price, it is not enough. For example, you cannot fit all the houses in Istanbul's Bakirkoy district into one bag. There will be a difference in price between houses close to the street, houses near the beach, or houses near the E-5. When calculating the cost, depending on the location of the house, you need to choose a small area. You should only compare houses on the same street with each other. Since there can be big differences between houses in the same area or on the same street.

Home value calculators: Another way to calculate the value of your home is to use home value calculators. You can get the average property value with the calculation tools that populate with all properties of the home. In this way, you will know both the possible rental income, the amortization period, and the sale price of the house you own.

How to calculate the future value of real estate investments?

Whether for living or renting, those who look at the depreciation value of a home win in the long run. For those who want to own a house and not incur losses in the future, the amortization period should be no more than 15 years. You can calculate the amortization period by dividing the current value of a property by its monthly rental value.

How to invest in real estate?

Investing in real estate is one of the most important decisions many people make in their lifetime. Short-term, medium-term and long-term profit expectations are important when determining real estate investment instruments.

First of all, you need to decide on the type of property. In the preference list, there are options such as apartment, villas, office, land, commercial properties and residences.

Realty Group consultants recommend that when choosing a type of property, analyze the payback period of investments in detail and find out the value of your home.


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