Winter for many people is not the best time to put their home for sale, but although the number of houses for sale diminished as fall and winter come, there are many advantages to sell your house during that time. Therefore, if you are thinking about getting your home ready to sell, there are many things you have to consider before you put it on the market. According to a Real Estate Community article, the resale value of your home can be affected by a wet basement, and can increase the value by 10% t0 30% if the basement is dry.
Read more about this topic by clicking the links below.
Does your basement feel humid? Does it smell musty? Do the walls or floors sweat in summer? Are there water leaks into the basement in the spring or after heavy rainfalls? If so, you may have a dampness problem. This isn’t something you want to ignore.
Basement dampness can cause rot that may eventually create structural damage. Elevated moisture levels can also contribute to growth of mould. It’s important to find out what is causing the dampness and fix the problem.
Many symptoms of damp basements are easy to recognize — staining, condensation, mildew, mouldy smells, uplift of floor tiles, and crumbly concrete surfaces. Get started by conducting a thorough and systematic inspection of the basement, not just a visual scan. Look in corners, at the foundation walls and the floor slab joints, and in the ceiling space between headers and joist ends. Check around windows, behind furniture and drapes, and underneath carpets. Note the presence of musty odours and where they occur.
How To Boost Your Home’s Resale Value
When it comes to selling your house, time is money. And the more time it takes for your house to sell, the less likely it is that you’ll receive your asking price. That’s why it pays to make home upgrades that will boost the appearance and appeal of your house in the current market. These remodeling recommendations from Handyman Connection, for example, can yield important returns when it comes time to sell.
Exterior Enhancements
Exterior home improvements give buyers a favorable impression of the home before they even step inside. This is especially important as more and more buyers are making preliminary visits to properties prior to contacting a real estate professional.
Consider the following ideas:
- Replace exterior doors- Entryways, front doors, and garage doors are a focal point for visitors entering your home, so the sharper they look, the more excited buyers will be to see the interior. Plus, replacing a garage door, on average about $1,200, can generate an average resale value of $2,064.
Increase the Your Property Value Before Selling
There is nothing as exciting and nerve wracking as selling a home. When my family sold our first home in Denver, it was with the understanding that we would be moving into a fancier house. Unfortunately our ability to restart was tied into our ability to sell our old home. In the hard-hit real estate market, we needed to ensure that our home would sell quickly and for a reasonable amount. It was our real estate agent that had the answer: home renovations. Home renovations will increase the property value of your home and decrease the time it will take to sell the home.
Before You Renovate drop that hammer and put away the check book. Do not hurry into the renovation process when a sell is on the horizon. Every renovation needs to be carefully considered before implemented. While renovations will increase the speed of the sale and the value of your home, home owners might not receive all of the money that they put into the renovation. In order to receive true value from a renovation, you need to carefully choose what renovations you will implement. Here are a few renovation projects with solid return on investment.
