Top 5 ways to increase your home's market value (updated for 2020)

Posted by Dan Miller, REALTOR on Sunday, November 15th, 2020 at 7:02am.

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 top 5 ways to increase your home's value without breaking the bank. All five of these recommendations are low cost solutions that provide a great 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 your listing when they view your home 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. Remember, we offer Debbie's expertise free of charge when you sell your home with Mad City Dream Homes. 

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. 

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. 

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. In other cases the best decision may be to install new flooring. Your stager can help you select an affordable flooring product that will dramatically improve your home's appearance. 

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. 

Increase Value through Cleaning

Are you in need of a trusted painter, electrician, flooring company, or house cleaner? Please give your favorite Mad City Dream Homes real estate agent a call. We'll connect you with local contractors who do great work and for a fair price. 

This article is published courtesy of:
Dan Miller, REALTOR
Mad City Dream Homes & RE/MAX Preferred
1619 Monroe Street #1, Madison, WI, 53711

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