Tips For Increasing The Value Of Your Home

September 16, 2015
in Category: Business
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Tips For Increasing The Value Of Your Home

Are you getting ready to sell your home? Then again, maybe you just want to try to refinance your mortgage or even take out a second mortgage. Either way, it is important to make sure that you follow Than Merrills’ advice to increase the value of your San Diego home as much as possible.

After all, the more your home is worth, the easier it will be to sell or get approved for a particular loan product.

Update The Curb Appeal

Curb appeal is a big thing that must always be considered, even if it is just a loan that you are looking into. Some of the things that you and other FortuneBuilder students can do is freshen up the exterior paint. You can keep the same color pattern than you already have. However, if your house colors are a little outdated or are outside what would be considered the normal color choices, you might want to change it up a bit. For example, a bright purple home with pink trim will not sell as well as a home that is tan with white trim. It is all about making your home as visually appealing to as many people as possible.

You can also brighten up the landscape by adding some new plants and fresh mulch. The nice thing about this is that it can be an affordable project as long as you are shopping around for the cheaper or discounted plants at your local home improvement store. Also, you do not have to go through the expense of replacing all of the old mulch. Just select the same color as the existing mulch and spread the fresh stuff on top.

Update All Light Fixtures And Outlets

To help increase the value of your home, you will want to improve its look and functionality by changing out the light fixtures to newer models. Also, should you find that you have one of the older San Diego homes, you might need to replace old outlets. This is a relatively inexpensive thing to do, even if you have to hire an electrician to do it. Also, the upgrades can be completed in just a couple of hours, and that is if you have a lot of replacements to do.

Gather Your Receipts

You might be able to get more out of your home if you are able to provide receipts that show all of the recent upgrades. For example, any replacements or repairs made to windows, doors, the roof, furnace, hot water tank, plumbing, or electrical should be made available. This shows potential buyers just how well you have maintained the home, which in turn will make it more valuable to them.

As you can see, there are several things that you can do in order to quickly and easily increase the value of your San Diego home. All you have to do now is get started and then you will be able to reap the benefits.