The real estate market in the Okanagan is really hot, which means as a home-owner, you’re likely sitting on a good chunk of change if you decide to sell. To increase the value of your home even further, consider these 4 ways you can make more money from your house sale.
- Regular Home Maintenance Is A Must
If there’s one thing you should never neglect as a home-owner, it’s keeping up with regular home maintenance. Simple jobs like patching up small holes or scratches in the walls, repairing drafty windows and doors, and fixing leaky faucets and toilets can all work wonders when improving the value of your home, especially in this hot market. Annual maintenance check-ups are a good habit to get into, but if you notice something needs repairing, try to do it right away so you have less work later.
- Contemporary Sells
Still have the same paint job you did when you bought the house twenty years ago? It’s time to freshen up the interior. Choose a neutral colour scheme like grey or white and find ways to off-set the light shades with pops of colour to suit your personality and style. By modernizing your home, it’ll become easier to sell when it’s time to put the house up for sale.
- Landscaping Is Important
You’ve heard it before, but first impressions are everything, especially where property is concerned. Learn how to garden, and plant some nice flowers at the front of the house. Ensure weeds are being pulled, shrubs are being trimmed, and grass is being mowed. You don’t want to scare away a potential buyer with a bad first impression.
- Energy-Efficient Upgrades Are Helpful
A major seller in real estate is creating an energy-efficient home. Buying “green” is important to property hunters so if you’re able to replace big ticket items like your old, outdated H-VAC system to energy-efficient heating and cooling systems, then you’re already helping your listing generate more attention. Minor swaps like replacing your old light-bulbs to LED or CFL bulbs and replacing your drafty windows to upgraded energy-efficient windows are two great ways to conserve energy, which will help sell your home faster and at a higher price.
- Renovate If Necessary
Renovations are expensive, but at times, necessary. Ask yourself: If I renovate, will my property value increase? You know better than anyone if it’s time for some minor or major renovations. Seek out what people are looking for in a home. Usually, it’s an open concept living space, a modern and spacious bathroom (or multiple!), and a nice deck or patio to enjoy the Okanagan sunshine. If your home is outdated, cramped, and cold, it could be time to upgrade before you sell.