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What is Curb Appeal And How It Affects Your Home Value

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Curb appeal is important. If it’s time to sell your home, then you’re definitely thinking about how you can get the most money out of the sale. The truth is that there are tons of available houses on the market just like yours, so how do you grab a buyer’s attention from outside your home to get them in the door?

The way to do this is by improving your home’s curb appeal.

Not only does it get them through the door, curb appeal also drums up the emotional side of a homebuyer’s brain to increase the final selling price of your home.

If you’re selling your own home, increasing your curb appeal will be low hanging fruit. Here’s how you can up the curb appeal of your home.  

Landscaping

According to a study done by Virginia Tech, landscaping your home can increase the overall price by 12%. There are several things to take into consideration here.

  1. First, it’s best to spend money on landscaping far in advance before you sell your home. The reason for this is large plants tend to drive up the price the more than small ones – so you either need to buy mature plants (which is expensive) or plant them when they’re young and let them grow.
  2. Adding a splash of color can do wonders to your front yard. The best way to do this is to plant flowers in beds or pots depending on what’s available. When choosing flowers, make sure to have a good mix of bright colors. Red and yellow flowers tend to be the most eye-catching so that’s a great place to start.
  3. Give people a place to sit. Adding a bench to your porch or garden area has been correlated with increased home values.

House improvements/repairs

Deferring maintenance on your house can lower its cost by 10% or more. There are a few things you can do to help.

  1. Pressure wash your home. Getting dirt off of the paint can be enough to make it look like new. Even if it doesn’t, cleaning your home is a necessary step before you repaint it.
  2. Repair your roof before you put it on the market. According to the National Association of Realtors, the national median cost of a new roof costs $7,600.
  3. Be bold with your door. Stay away from browns and whites if you can help it and instead try something with a splash of color. Blue, red and yellow are all great color choices depending on your house’s color palette.
  4. Fix any eyesore issues like sagging gutters, cracked walkways, loose bricks, and chipped paint. All of these can detract from a home and steer people away from falling in love with your home.

Performing these updates to your home can quickly increase its curb appeal and cut its time on the market by 10% – 15%. At the end of the day, it’s about giving your home the best chance to sell for a good price for the least amount of effort/money possible.

If it’s time to make a plan to get the most value out of your home then contact us today and we’ll connect you with an expert who can help you increase your home’s value.

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