When it comes to selling real estate, competition is fierce. In the current market, a home offering nothing special will struggle to sell. Potential buyers can easily search for properties online and view photos of homes for sale. If yours doesn’t stand out, you won’t get an offer, no matter how reasonable the price or location is. You need to add value to set your property apart from the competition. This article shares 3 creative ideas for adding value to your property so that you can sell it faster and at a higher price.
Add A Granny Flat
A granny flat is a standalone structure attached to or built on the same property as the main house. They’re an excellent way to add value to your property because they provide a revenue stream. Granny flats are also perfect ways to add space for aging parents or family members who want to stay close to you, and as the increasing popularity of storage units shows, space really is in demand and at a premium. Potential buyers can easily see the benefit of renting out a granny flat. Current figures suggest a well-designed and proportioned granny flat can add 20-30% to the market value of your home. It pays to do your research for good contractors such as A1 Granny Flats to ensure you get a good quality build.
Focus On Landscaping
Landscaping is one of the easiest ways to add value to your property. This includes both the front and exterior of the property. Well thought out and implemented landscaping can potentially increase your home’s value by up to 77%. The beauty is that there is no one rule as to how you should landscape your outdoor space. However, you should keep to the flow and usage of the home. A family home can benefit from opening the kitchen to accommodate indoor-outdoor living with state-of-the-art decking and a wooden structure such as a pergola.
A well-manicured lawn and flower beds with strategic pathways will also favor potential buyers as swimming pools.
Extend The Kitchen
Extending the kitchen is excellent if you have a smaller home trying to add value to it. Buyers often look at the size of the kitchen before deciding on their offer. If your kitchen is noticeably smaller than others on the market, you may have difficulty getting offers. An extended kitchen offers more space for the cook and more counter space which is always helpful for multiple people cooking at once. It also allows for the addition of an island. Island counters are very popular these days and are often included as a standard in more expensive home plans. Adding an island to your kitchen will help you sell your property for more.
Conclusion
When it comes to selling real estate, competition is fierce. In the current market, a home offering nothing special will struggle to sell. Potential buyers can easily search for properties online and view photos of homes for sale. If yours doesn’t stand out, you won’t get an offer, no matter how good the price or location is. You need to add value to set your property apart from the competition. This article shares 3 creative ideas for adding value to your property so that you can sell it faster and at a higher price.
