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How to Maximize Your Home’s ROI

Preparing to put your home on the market can be a daunting task. There are many things to think about, but above all, you want to ensure that you’ll be getting as much money back on your investment as possible.

Preparing to put your home on the market can be a daunting task. There are many things to think about, but above all, you want to ensure that you’ll be getting as much money back on your investment as possible. This is known as your return on investment or ROI.
 
So how can you go about maximizing your home’s ROI?
 

Spruce Up Your Curb Appeal

 
As you’re getting your home ready for showings, it’s easy to spend so much time focusing on the interior that you forget to check how it looks from the outside. Your home’s curb appeal is crucial since this is the first impression potential buyers will have of your house! Sweep up leaves and dirt to keep your porch clean, mow the front lawn, water any plants, and remove any clutter, from kids’ toys to bikes. An overgrown yard or cluttered entryway sends a message to buyers that parts of the home have been neglected.
 

Prioritize the Most Beneficial Renovations

 
As you prepare to sell, evaluate your home with help from a trusted real estate agent to determine how you should renovate your home. Depending on how long you’ve lived there, you might not need to do anything significant, but it’s a good idea to catch any wear and tear before a potential buyer does. You might find it beneficial to replace the exterior doors, install a wooden deck, add an attic bedroom, or perform a minor kitchen remodel; these are all options that can help yield a higher ROI. If you have a budget and a strict timeline for any updates and renovations, prioritize projects like these, and be sure to talk it over with your trusted real estate agent.
 

Brighten Up the Home

 
Buyers love to see homes that are flooded with natural light, so pull aside curtains and open the blinds! You can also consider making some minor improvements to brighten things up, including changing out dark curtains for lighter ones and painting drab walls in shades of white, tan, or beige. Switch on all the lights, especially in the bathroom, to make the space appear as bright as possible!

Ready to get your home on the market? Contact the Peak and Prairie real estate team today! These experienced and knowledgeable Franktown real estate agents will be happy to assist you during this important time in your life.
 
 
 

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