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Five tricks for upping the value of an older home

By Mike Wheatley | August 26, 2015

Before placing your home up for sale you may want to make some simple repairs and changes. Not only can this help it sell faster, but can also increase the value, giving you more money. If you have an older home there are many changes you can make to have it feel newer and improve the value. Here are five you don’t want to miss out on.

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Improve Curb Appeal

Your home's front entry is the focal point. Painting it the door a new color or changing out the fixtures on it will provide an overall updated look. Make sure to keep your front yard looking fresh and vibrant. Mowing the lawn, planting colorful new plants, and making sure existing plants are not overgrown are just a few ways to spruce up the exterior. You might also consider upgrading your garage with a liftmaster gate opener. A company like Perimeter Security Systems can get you the right parts so you can make it a DIY project.

Add a Security System

Adding a security system is another way to increase value. Most potential buyers have families and having a home security system is a bonus to them worth any added expense. The system doesn’t have to be extravagant, just something to add protection and value. If it feels safer for you, then chances are they’ll be able to feel the same.

Paint the Interior

Painting the inside of your home gives it a fresh, updated, and clean appearance. Stick to neutral colors to appeal to a wide array of potential buyers. If you have older wallpaper make sure you have a way to take it down safely without damaging the walls.

Remodel the Kitchen

Most home buyers are not looking to take on a kitchen remodeling project as soon as they move. Having this done will appeal to buyers, while also increasing the value of your home. Improving the appliances, cabinets, layout, flooring, paint, and fixtures will bring out the most value for you.

Install New Light Fixtures

While it may sound odd, replacing light fixtures inside and out will help boost the value. Installing new fixtures gives the home a brighter and warmer feel. Most older homes have dark and heavy light fixtures. Today we have a variety of different types of materials you can use to give your home extra flair. Nickel-plated, chrome, brass, cast iron, and LED fixtures all look modern, while improving the overall value to your home.

Improving the curb appeal of an older home, adding a security system, painting the interior, remodeling the kitchen, and swapping out old light fixtures are all wonderful ways to improve the value of an older home. Consider making these improvements before putting your home up for sale to maximize its final selling price.

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at [email protected].
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