People have always looked for ways to increase the value of their home to make good deals in the future. After the market was a bit shaken up a few years ago, things became more intense. People are trying even harder to find good deals and are very careful about choosing homes to invest money in. If you want to catch the attention of buyers, you need to play your cards right. Improve your home in a way that will grab attention, by enhancing its features. After that, you can call up cheap movers Hamilton and start packing. In reality, you could try to do it all yourself, but that would be a run in the dark. Most likely, you will waste time and money while your house just sits on the market. Instead, you can take our advice on selling your Hamilton home for top dollar.
You most likely know that a home is not only a place to live but also a source of potential profit. Thanks to a thing called home appreciation, recent house owners sold their properties for roughly 30% more than the amount they bought it for. Home appreciation occurs when the value of a property increases on its own, and it is a very nifty thing. However, predicting a home’s appreciation rate is not always easy. It depends on many factors, such as the number of buyers looking for a home, or the ability of Hamilton moving services to execute the move. It is, however, possible to increase home value above the level. If you want to know how, keep reading and we’ll teach you about selling your Hamilton home for top dollar.
Add beauty to your home to increase value
The first, and often the best thing to do is make your home more attractive, literally. Home staging and decore are an excellent way to make the home more appealing to the eye of potential buyers. Also, there is another benefit to this. While you are remodeling with the goal of selling your Hamilton home for top dollar, you are also making it prettier for yourself. This will make an ideal home for you and whoever buys it. To see just how important this is, let us look at the data. Recently, around 40% of real estate agents said that working on home improvement increased house prices by 5 to 10%. This means that, if you currently own a home worth around $300.000, you can increase the price by 15 to $30.000 just by redecorating.
Still, this doesn’t mean you should pump thousands of dollars into it just for the sake of increasing value. Only undergo this process if you yourself will love and appreciate the changes you make. Even if that does not drastically improve the worth, you will still enjoy what you did, and even that counts. If you do decide to remodel, the next question is, what do you start with? These are the most common rooms people redecorated and improved:
- Living room
- Master bedroom
- Dining room
Let us use the kitchen as an example. A minor kitchen refurbishing will set you back around $25.000. This includes everything from appliances, countertops, shelves, elements, walls, and flooring. Usually, the projects recover around 80% of the invested funds, which means you will add around $18.000 to your home value. That isn’t bad at all.
A good agent is key to selling your Hamilton home for top dollar
If you want to sell your home for good money, you need to put that task in the hands of a professional. It is not smart to trust this matter into the hands of a rookie with no market experience. What you need is an agent who has been in the business for years and has a solid record of sold properties. Also, it is good to avoid agents who do commission cuts. They will often cut everything but the amount they put in their pockets.
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A good agent should:
- Treat you with respect and professionalism
- Be familiar with and actively use the Multiple Listing Service a system used by real estate agents to advertise properties
- Be transparent and answer all your questions with honesty and detail
- Have at least 4 years of full-time experience in the field
- Make at least 35 consistent sales in a year
More space means more profit
By the common logic of things, bigger homes usually go for more money. The average price recently has been around $130 per square foot, and it held its place for small and big homes. So, any square foot you can add to your home will directly add to the property value. Even though the construction work is tough, you will enjoy the final results, and make house hunting hassle-free for someone else. Look around your home and assess the situation. Is there a place in your house where adding another bathroom would bring convenience? Is there a useless wall you could knock down and make the place feel bigger?
Let us use the bathroom as an example. When selling your Hamilton home for top dollar, keep in mind that adding things to the house can cost more than the total resale value. If, for example, you want to add a standard bathroom with a relatively nice sink, bathtub, and toilet, that will boost your home value by around $30.000.However, the cost of the entire project can add up to around $45.000. This means you probably earn back all your invested money. Still, you will get close to 60% of your investment back. This isn’t all that bad considering you are going to live there for some more time and enjoy the fruits of your labor.
Keep maintenance in mind when selling your Hamilton home for top dollar
A good way to make your home more presentable and solid is to maintain it properly. A home that is taken care of inside and out will appeal to buyers and ease their minds about potential expenses. All your appliances and vital systems should be well maintained and up to date. This is key in selling your Hamilton home for top dollar, as it offers safety to the new owner, but you as well, for the time you are still living there. If the roof has fallen into disrepair, fix it up. Check your water heaters, and if they are old and dirty, replace them. Anything you do to the home to make it a safer and better place to live, inside and out, will make a big difference when the time comes to sell it.