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10 Tips to Increase the Value of Your Property from Elvis Buys Houses

Are you planning to sell your home? Do you know that a few repairs and fixtures can increase the value of your house? This article will share various tips to help you boost the value of your property.

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10 Tips to Increase the Value of Your Property from Elvis Buys Houses

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  1. 10TipstoIncreasetheValueofYour PropertyfromElvisBuysHouses WrittenbySteveLabus Areyouplanningtosellyourhome?Doyouknowthatafewrepairsandfixturescanincreasethe valueofyourhouse?Thisarticlewillsharevarioustipstohelpyouboostthevalueofyour property. Which repairs are necessary? Beforeyouthinkofupgradingyourproperty,makesurethatyourhomeissafeforliving.Thebuyer willappraisethehousebeforepurchasingit,andtheappraiserwilllookatafewthings.Appraisers wanttoensurethatthehomemeetstheHUD’sminimumpropertystandards.Securityisgoingto bethefirstconcernforanybuyerandappraiser.Youcanhireaninspectortocheckthestatusofthe roofandfoundation.Ifeverythingisokay,wecanproceedtowardscosmeticfixtures. 1.Small Fixtures MinorrepairsorupdatesoftenbringyouthehighestROI.Ifthebeautyliesindetail,thenyouneed totakeanotherlookatyourproperty.Everyhomecanbenefitfromsmallrepairsorupdates,so makealistofnecessaryrepairs. Outdatedlighting,golddoorknobs,outdatedoragedleakyfaucets,smallfloorcracks,broken doorknobs,drywalldamage,outdatedelectricplugs,oldpaint,andnon-workinglightsare examples.Focusontheminorrepairs,andyoucangiveyourhomeanentirelynewlook. 2.Improve the Landscaping Overgrowngrassandbushesgivetheimpressionthattheownerdoesn’tcareabouttheproperty. Focusonthecurbappeal.Therearehundredsofideasavailableonline.Youcantakeinspiration fromInstagramorPinterestanddesignthegardenaccordingly.Theinterestingpartisthat landscapingprojectsoftenhaveanROIofcloseto100%.Thatmeansyou’llbepaidback,every dollaryouinvestinthisproject. Witheveryrenovationproject,it’simportantnottooverdothings.Landscapingprojectshaveahigh ROI,butthatdoesn’tmean,investing$20kwillbringyou$20k.Considerthearchitecturalstyleof yourproperty.Chooseasimpledesign,assignabudgetforthissectionandifpossible,hirea professionaltodothisjob. 3.Update the Bathroom Adirtyoroutdatedbathneedstobeupdated.Makesurethatthebathsparkleslikeanewone.You don’thavetodoafullremodel.Asimpleupdatecouldbeassimpleaspaintingthevanity.Thereare alsoepoxybasedpaintapplicationsavailableforthevanitytop/sinkarea.Anewfaucetandtoilet seatdoeswondersaswell. Mostimportantlymakesureitsclean!Takeacleaningsolutionormixvinegar&bakingsodaand applythemixtureonallfaucetsandpipesinthebath.Cleanwithwaterafter2-3hours,andyou’ll

  2. seetheshiningtaps.Changethecurtains.Reglazethebathtub.Cleantheentirearea.Gettheseetheshiningtaps.Changethecurtains.Reglazethebathtub.Cleantheentirearea.Getthe cupboardspolished.Purchasetilestickersandhaveaproapplythem.Changethebulbsandre- paintthebathinawhiteshade. Ifyourbudgetallows,youcanalsotryreplacingthesinkortoilet.However,thecrucialpartisto keeptheplaceclean&spotlessbeforeanyprospectivebuyervisitsyourhouse. 4.Kitchen Remodeling Akitchencanbeconsideredthe‘socialmedia’ofyourhome.Itisthecentralhubformost conversations.Mostprospectivebuyerswilllookatthekitchenbeforeanyotherroom.Anugly& outdatedkitchencanbeadealbreaker. Again,youdon’thavetospendthousandsofdollars,butminorchangescandowonder.Re-paintthe areasinaneutralcolor.Youcanalsopaintonewallincontrastingcolor.Ifthecabinetrylooksaged youmightwanttoconsiderpaintingthecabinetsaswellasreplacingthecabinetspullsand handles.Latelymyself,I’vebeenhiringalocalcabinetmakertofabricateandreplacethereally outdatedcabinetandvanitydoorsthroughoutthehousewithnewmodernlookingshakerstyle doors.Cleanorreplacethefaucetsandconsiderchangingthelights. Completelyde-clutterthekitchen.Withtime,wecollectthingsthatwedon’tneed.Unnecessary cutlery,crockery,cleaningitems,andappliancescanbethe‘clutter’forthebuyer.Takeawaythe unnecessarythings.Whenabuyervisitsthekitchen,itshouldlookcleanandspacious. 5.Enhance the Curb Appeal Askanyrealestateexpert,‘howcanIsellmyhousefast?’,andyou’llhear,‘improvethecurbappeal.’ Takealookatyourpropertyfromoutside.Doyouthink,yourhomewillappealtotheprospective buyers?Ifnot,whatchangescanyoumake? Wehavealreadydiscussedlandscaping.Considerpaintingtheexteriorofyourhome.Neutral shadesareperfect.Paintthedoorinacontrastingcolor.Colorthewindowsinaslightlydifferent tone.Ifthewallsarepaintedwhite,windowsshouldbepaintedina‘lightgreyshade.’ Colorfulplants,anewmailbox,newhomenumbers,anentryway,andhidingpipes&wiringcan boostthecurbappealofyourproperty. 6.Window and Blinds Ihighlysuggestthatallthewindows&classdoorsbethoroughlycleanedinsideandout.Thiscan beabigjobsopayingalocalwindowcleaningtodothisforyoumightbeworththeexpense.Third partywindowcleanerswillusualincludethecleaningofthewindowscreensaswell.Doyourbest tomakesurethewindowblindsareingoodcleanappearanceaswell. 7.Invest in Quality Furniture Stagedhomessellfasterandformoremoney.Stagingisamustifyouwanttosellyourhomeata higherprice.Cosmeticmakeoverhelpsyouwiththat.Youcanalsohireaprofessionalbutmaking minorchangesyourselfwillhelpyouincreasethepriceofyourhome.Ifyourhomeisfully furnishedthenskipthestagingandmakesurethefurnitureaswellasthehouseisclean,freeofpet orsmokeodors,unclutteredandshowready.

  3. 8.Properly Price your Property Manysellersarenotsurehowtopricetheirproperty.There’slotsofmoneyatstakeheresoI suggesthiringaprofessionalappraisertodoavaluationonyourhousepriortoplacingitonthe market.Anappraiserthatgetspaidcashmaydoyourappraisalforaslittleas$300-$400.Thisis moneywellspentbecauseifyoupriceit$5,000belowtheappraisedpriceyoujustleftalotof moneyonthetable.ARealtormayormaynotdopropervaluationandthereforeyoumightleave moneyonthetableagainbygoingwithwhataRealtorsays.Imyselfusealicensedappraiserto valueallmynewlyrenovated/completedproperties.Thisishelpfulinmanyways!Why?Because oncebuyersandthebuyersRealtorandappraiserknowyouradvertisedsellingpriceisbackedby anappraisalitwillbeunlikelythateitherwillchallengeyourpricepossiblysavingyoualotof moneyandheadaches. 9.Ubnderstanging your Market Finally,I’dliketomentionwhatitisthatthemajorityofbuyerswithinthemedianpricerangelike tosee.WhenIsay“Majority”or“Medium”I’mreferringthebuyersthatbuyinginthe$150,000- $250,000pricerange(obviouslythisdependsonyourpartofthecountry).Therearebuyersin everypricerangebutasthepricerangeincreases,theamountofbuyersdecreases…Ithinkyouget mypoint.WhenIbuyhousesforremodelandsubsequentretailsale,Iprefertobuyinthemedian pricerangebecausethat’swheremostofthebuyersareandthereforeit’slikelythehousewillsell fastandpossiblywithmultipleoffer. 10. Tips on What Buyers Like Today WoodFlooring-Moreandmorebuyersdespisecarpetingthesedays.Woodflooringispreferred. Woodfloorswhichcanbeeitherengineeredhardwoodoranythingthatlookslikeitsuchas laminate,vinylplankorceramictileplanksthatlooklikewood.Themoreplacesyoucaninstall woodflooringthebetter.Iinstallwooditthroughoutthehouse,eveninthekitchen. Iwillinstallcarpetingonlyinthesecondarybedrooms PorcelainTile–IftherethedesignofthehousecallsforitIwillinstallporcelaintileinthewet areas(kitchen,baths,utility).I’llusethemodernrectangular12x24tilesinstalledonabrickpattern orlarge24x24”tilesinstalledonadiamondpattern. Kitchen–Ipaintthecabinetsawhite.Whitisneutralandthisiswhatpeopleliketoday.Idon’t paintthehinges,Ireplacethem.IdthecabinetsareseverelydamagedorsignificantlyoutdateI eitherreplacethemorreplacejustthedoorswithshakerstyledoorsandnewpulls.Iinstall3cm granite,undermount60/40sink,newbrushed-nickelpull-downfaucetandfinishitoffwitha subwaytilebacksplashthatgoeswiththecolorscheme.Buyerstodaylikestainlessappliancesas well.Iinstallnewbrushed-nickellightingtocompletethekitchen. Baths–Themasterbathisthemostimportant.Iinstallnewporcelainshowersurroundswitha framelessglassshowersurround.Ipaintthevanityandinstallgraniteinthemasteraswell.I alwaysreplacealltheplumbingfixturesthroughthemasterwithbrushed-nickelreplacements.The hallorguestbathsIwillinstallnewporcelainsurroundsonanasneededbasis,butIwillcertainly painteachvanityandmakesurethevanitytopsareinpristineconditionorreplacethem.New lightingandvanityfaucetsaswell.

  4. Paint–Iapplyaneutrallightgreythesedays.IremovethepopcornceilingsandretexturethePaint–Iapplyaneutrallightgreythesedays.Iremovethepopcornceilingsandretexturethe ceilingwithanyhousepricedoverthe$300,000pricepointaswellaspainttheceilingwhite.Ilike tokeepeverythingasneutralaspossiblebecauseonceagain“Neutral”appealstothelargestrange ofbuyers.Alltrimandinteriordoorsarepaintedsatinwhiteusingoi-basedpaint.Oilbasedpaintis moredurableandbestfortrimanddoorsbecausethoseareasgetreceivethemostpunishment Miscellaneous-Hardware,lighting,plumbingfixtures–Alldoorknobs,doorstopsarereplaced withnewbrushed-nickel.Alllightingandfacetsarereplacedwithbrushednickel.Idon’tuseoil brushedbronzebecauseitdoesn’tappealtoall.Brushednickelisneutralandappealstoawider audience.Ialsothoroughlycleanallwindowsandinstallnewwindowblindsthroughout. Conclusion: Renovatingahomeforsaleisoftenthebestwaytosellthehouseforahigherprice.Thesesimple tipscanhelpyouincreasethevalueofyourproperty. Formoreinformation,youcanreachouttoElvisBuysHouses.Ihave10yearsofexperienceand haverefurbishedatonofhousesovertheyears.Ibasemybusinessonhelpingothers! Feelfreetoreachoutbycontactingmepersonallyat817-886-8295. Youcanalsovisitmywebsiteatwww.Elvisbuyshouses.com Regards, SteveLabus

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