Can spending $5,000 on your home increase the value by $50,000?

When it comes to preparing your home for sale, you want to present it as best you can to achieve top dollar. Fixer-uppers can present a problem when you need to sell quickly as significant renovations like a new kitchen or bathroom can set you back tens of thousands of dollars and take several weeks to complete.

What can you do to increase the value? There are a few places you can spend a little money to really present the property in its best light.

1. Curb appeal. Cleaning up the gardens, painting the fence or putting up a white picket fence can cost little but improve the curb appeal dramatically. Repainting any architraving outside the home can instantly give the property a fresh look.

2. Repaint inside. Are your walls yellow or marked and chipped? A good coat of a neutral paint will not only give a clean fresh look but also a fresh smell.

3. Replace carpets. New carpet doesn’t have to cost an arm and a leg. Stripping the old worn carpet and replacing with a neutral tone will clean up a room dramatically.

Spending money on these few little items will present the house beautifully in photos, attracting more buyers to the home opens. Once they view the home, they can automatically tick off floors and walls from their renovation list and focus money on a new kitchen or bathroom if needed.

To find out what you can do to get your property ready for sale, contact one of our property consultants today.

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Can spending $5,000 on your home increase the value by $50,000?