Author: Seth Murphy
Your Queens home is most likely the biggest investment you will ever make in your life. The investment isn’t just financial, either. It’s an emotional investment. Your house is where your family lives and grows. It’s where you can escape from the world’s problems and the anxiety they cause. It is a huge part of your life.
However, nothing lasts forever. Whether you end up moving for a job or you want to downsize once the kids move out, chances are someday you will want to sell your Queens house. When that day comes, you want to ensure that you get the most money you can get for letting it go. While you can’t control the market, you can do little improvements over the years to increase your home’s resale value.
Paint Your Walls
A fresh coat of paint can breathe new life into a home. It helps update rooms and makes everything look cleaner. While you may be tempted to go with something bold for your decorating scheme, choosing neutrals is a better option if you want to appeal to a larger audience of potential buyers. When people shop for houses, they want to be able to see themselves living there with the least amount of work necessary on their own part.
However, not all rooms do best in neutral. Real estate analysis shows that painting the bathroom a light shade of blue (such as powder blue or periwinkle) can increase a home’s value by up to $5,440 on average. Of course, if you hate neutrals and blue, you don’t have to paint your home those colours. The important thing is the paint is clean and fresh with crisp lines that look attractive in a room.
Invest in Energy Efficiency
Every time you do some sort of update over the years, keep your power bills in mind. The more energy efficient the house, the more modern it is. Whether you are buying a new refrigerator or getting your window screens replaced, there are new options out there that can reduce your home’s carbon footprint. If you really want to commit, contact your local utility company and ask if they do free energy audits. An expert can point out areas in need of improvement in order to maximize your home’s energy efficiency.
Maintain (Or Replace) Your Roof
Your house’s roof takes much of the brunt of the weather. Because of this, it shows wear and tear much earlier than other parts of the house. Keeping up with regular roof maintenance is a good way to ensure your home’s resale value isn’t diminished. Fixing damaged shingles (especially after heavy rain, hail, or snow seasons) can prevent leaks and damages that eventually necessitate an entire replacement. Also, removing algae and mold with power washing can help improve your home’s energy efficiency and improve its curb appeal.
Of course, if you live in an older house chances are you may someday need to replace your roof. Unfortunately this isn’t exactly cheap and many scammers out there take advantage of people looking for this work. Watch out for:
If you do decide to replace your roof, use cool roof materials that can also help your home’s energy efficiency.
Your home is a big investment, so you want to be sure to protect its value in case the day comes where you want to sell it. One of the easiest ways to update your house and its resale value is painting. Many experts suggest sticking to neutral colours or a light blue, but the most important thing is to make sure the paint is clean and fresh for an updated look. Investing in energy efficiency is another way to make your home more modern and valuable. Your roof may be the part of your house that needs the most maintenance of all. Watch out for common scams that take advantage of this and invest in cool roof materials if it is time to replace.
For a professional consultation on what needs to be done before putting your home on the market, give us a call to see what your return on investment would be.