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6 Tips for Increasing Your Kensington Home’s Value

Kensington subdivision: Finance and house loan

Upgrading your home

Do you live or want to live in the Kensington subdivision? Your home isn’t just a residence, it’s also an investment. And if you want to get the best returns, you need to know how to grow its value. Take a look at the tips that will help increase your Kensington home’s asking price:

Up your curb appeal

In real estate, first impressions matter. And what’s the first thing people see when they drive past your home? Your front yard, of course. That’s why you need to really spruce up your lawn in order to attract buyers and command top dollar. Make sure that your trees aren’t overgrown, your lawn is freshly manicured, and that your exterior walls have a fresh coat of paint.

Make your home efficient

Buyers will already be spending a small fortune on their homes, and they’ll appreciate any savings when running their household. As such, people these days – and millennials especially – put a high value on homes that have eco-friendly and energy-efficient features. These include power-saving kitchen appliances, solar-powered lights, low-flow bathroom fixtures, and upgraded HVAC systems. According to research by The Appraisal Journal, energy savings can drastically increase the value of your property.

The kitchen is king

The kitchen is the heart of the home, so it’s not surprising that it’s often the first thing people look at when house hunting. If you’re planning to do renovations before putting your house on the market, focus on practical ones such as a kitchen makeover. And it doesn’t have to break the bank; for a couple thousand dollars, you can install a new countertop, repaint the walls, put in modern shelving, and replace key appliances with energy-efficient ones. Upgrading the kitchen is the most important for increasing your Kensington home’s value.

Open plan is better

All buyers look at price per square meter. But what do you do if your home isn’t the biggest one on the block? While you can’t expand your space, you can certainly make it feel bigger. To this end, try to see how you can retrofit your home to have a more open-plan layout. Even knocking down a few walls can add usable square footage to your home that will help make it look like a better deal.

Fix problems stat!

Not to say that homebuyers are fault finders, but they will use any defect in your home as leverage come negotiation time. And they’d be right to do so: after all, they’ll spend time and money to repair a damaged boiler or address structural problems.
Before putting your property up for sale, hire an inspector so you can catch and fix whatever problems need addressing. Not only will it bump up your home value, it’s keeps your family safe.

As you can see, there’s an art and a science to increasing your Kensington home’s value. By following these tips, you are better positioned to fetch top dollar for your home.

Are you looking to purchase or sell a home in Kensington subdivision?  If you need help listing and marketing your property, be sure to contact a local Knoxville real estate agent. For expert advice, get in touch with Frank Gosowitz at 865-588-1234 or e-mail him at frank@goswitz.com.