Top 5 Ways to Increase Your Home's Market Value (updated for 2018)

Posted by Dan Miller, REALTOR on Sunday, April 8th, 2018 at 6:02am.

You are ready to sell, and you want to get the best price possible. This means showing your home at its best. We suggest a few simple updates that can be done both quickly and affordably. Take a look at our list of 5 simple ways to increase your home's market value without breaking the bank. All five of these recommendations are low cost items that provide a high return on investment. 

Step 1: Hire a Professional Home Stager

In real estate, first impressions mean everything. A professional will help you stage your home so buyers fall in love with it when they first view it online. Depending on your needs, your stager will also recommend new paint colors, new flooring, and new light fixtures which dramatically improve your home's mass appeal. If you're looking for a great stager, we highly recommend Debbie Lea from Showcase Home Stagers. Her expertise, service, and willingness to go above and beyond are truly exceptional. 

Professionally Staged Home

Step 2: Update Paint Colors

A fresh coat of paint can do wonders for a listing. Your stager can help you select the right color for each room in your home. Fresh paint (or stain) can also be used to hide imperfections that have accumulated due to wear and tear over time. For example, nicked up trim, doors, and kitchen cabinets can all be made to look brand new again when addressed by a skilled painter. Warden & Sons is one local company that specializes in preparing homes for sale. Call them at 608-274-0980 for a review of the painting projects that will help you maximize your home's market value. 

Increase Value with Fresh Paint

Step 3: Update Lighting

Old light fixtures can stand out like a sore thumb and make a house feel very dated. Fortunately it's easy to swap out old and dated fixtures for new ones that give your home a whole new look. Your stager can help you select affordable fixtures for each room in your home. Very often you'll find everything you need by visiting your local Menards and buying a few $30 fixtures off the shelf. Verona Electric is a reliable, family-owned company which can help you complete any electrical project large or small. They are a professional group and easy to schedule. 

Increase Value with New Light Fixtures

Step 4: Update Flooring

Sometimes you can give your home a whole new look simply by having the carpets professionally cleaned. Zerorez of Madison and Phenomenal Carpet Cleaning are two local companies that do an excellent job of cleaning carpets and removing stains. In other cases the best decision may be to install new flooring in one or two rooms of your home. Your stager can help you select an affordable flooring product that will dramatically improve your home's appearance. Mike King is a flooring specialist who can capably install any type of product for you.

Increase Value with New Flooring

Step 5: Have Your Home Professionally Cleaned

The last thing to do before you open your doors is to have your home (and windows) professionally cleaned. Clean homes create a great first impression, so every surface in your home should sparkle. Madison Deep Cleaners is one local company that does an excellent job of helping home owners prepare their property for sale. 

Increase Value through Cleaning

Looking for more ways to increase your home's market value? Give us a call. We'll visit you at your home and help you outline a plan for moving forward. 

This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
610 Junction Road #205, Madison, WI, 53717

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