Home Selling Tips To Help You Get The Most Value

March 8, 2023

2022 has been a red-hot year for real estate, with the National Association of Realtors estimating a 15.7% rise in the national median price for homes. The pandemic lockdowns over the past two years are largely to thank for this surge in demand, with cabin fever-stricken homeowners desperate to move out of the city centers and into the suburbs, where more room and tranquility awaits. That being said, if you've been thinking about selling your property, now might be as good a time as any to list it. But even as a hefty appraisal may await you, there are some minor issues that could prevent you from realizing the maximum value of your property. Here are some valuable tips to help you earn the best possible profit from your home's sale.

Get a valuation

While a real estate agent can tell you how much they reckon your house is worse, you may want to take this into your own hands. Browse online at websites like Zillow to see how much homes of similar size typically go for in your area, while also consulting with several real estate agencies to get a general indication. Also important to consider is the capital gains tax that you may be required to pay. This is a tax that is paid on the profit that you get from the sale.

First impressions count

When prospective buyers come to view your property, the first thing they'll see is the exterior. For this reason, it's a good idea to ensure that your home has the ultimate curb appeal. Even if there's not enough time to do major repairs, minor touch-ups that could greatly enhance your home's outside appearance include repainting, washing the windows, and ensuring that the front lawn is cut and presentable. Even upgrading your house number and door handles with newer versions could make a difference. Plants, flowers, and neat paving can also go a long way.

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Declutter

By the time you've decided to sell your house, you already know that you'll have to start packing up your belongings. With that in mind, it's time to think about getting ahead of the game and organizing your possessions. Not only will that help get the ball rolling when the eventual move comes around, but it will also tidy up your home, making it more attractive to potential buyers on show days. If you're going to be moving to a smaller place, start thinking about what items you're going to throw away or sell.

Set the stage

Once you've gotten rid of the clutter, it's time to redesign your home in a way that will be most inviting to viewers. This means strategically moving furniture so that your house looks as spacious and homely as possible. Think about setting the dining room table and laying out an extravagant tablecloth so that viewers can imagine what it would be like to live in this home. By fuelling their imaginations, you can make your property appear more homely in potential buyers' eyes than the competition.

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