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How to sell your house in a profitable way

Selling your house can be a stressful experience, especially if you are unsure of the best way to go about it. However, the good news is that the demand for new houses has increased post-Covid-19 due to lower mortgage rates. But this does not mean selling your house and making a profit would be easy.

You must handle this situation as best as possible to get the most money for your home. Here are some tips on how to do that:

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Know Your House’s Worth

The price of a house depends on the geographical location. For instance, the average cost of a home in Canada is double that of the USA. In fact, a news report shows that the average price of a Canadian house is now 816,720, which is 20% up in a single year.

However, the price differs within a nation as well. For example, the average house price in Ottawa, Ontario, is around $700,000. On the other hand, the average cost of a home in Calgary, Alberta, is around $457,000. Hence, it is vital to know the worth of your property.

You can do this by checking the price of similar houses in the area. Look for recently sold homes, those that have not sold, and those currently on the market. You can also look for help on the internet to evaluate the worth of property in specific locations. If you own a property in Calgary, you can go to websites helping with a home valuation in Calgary.

Once you know the worth of your property, you can determine the amount you want to sell your house for. You can also consider the extra efforts you have put into maintaining your property and making it look good and add it to your pricing. Additionally, having worth in mind will help you strike a good negotiation.

The Power of a Good First Impression

The first impression of your home can make or break a sale. In fact, a recent survey shows that 76% of home buyers consider first impressions to be everything when purchasing a property. Hence, it’s essential to ensure that yours is favorable.

Your front lawn should be neatly trimmed and free of debris, your door should look clean and freshly painted, and any windows visible from the street should be spotless or covered by attractive window treatments. If you have a garage, ensure it is clean and organized, so potential buyers aren’t dissuaded by the messy sight of tools, boxes, or trash bags stacked up in corners.

You must do house staging to make a good first impression. This can be beneficial for increasing your property’s value. Additionally, a National Association of Realtors survey found that staging a house can help sell it faster. Hence, if you are facing difficulties in selling a home, this is also an important thing to consider.

Add Curb Appeal

A house’s curb appeal will motivate the buyer to pick your property over others. The more the curb appeal, the better it is. However, you also don’t want to overdo it. There are many ways to add curb appeal to your home. Here are some of the ways:

Mow the lawn. The exterior of your house creates your first impression, so it’s important to ensure it looks tidy and clean. An additional number of homeowners spruced up their gardens during the pandemic to increase their home’s value.
Add flowers or other plants to your yard. This gives people a positive first impression of your home when they drive by and gives them something nice to look at as they walk up toward your door if you’re on foot or riding by in a car with someone else who’s walking through their neighborhood.
If needed, paint your front door, or add new windows for extra curb appeal. Ensure you have these things before putting up “For Sale” signs. If not, everyone will think that the inside is just as ugly when they come inside.

Make Minor Repairs

Minor repairs can make a big difference. For example, replacing the door is a relatively inexpensive and easy way to give your home an instant facelift. And if you’re doing it yourself, you might as well take care of that leaky faucet while you’re at it.

As with any home improvement project, there are several things to keep in mind when making repairs on your own:

Make sure you have all the tools necessary for your job before starting.
Get rid of all unnecessary clutter beforehand so that nothing gets in the way during installation or use later.

You can also make updates to your house to increase its value. This will help you sell your property at a higher price. You can try many renovations, from kitchen remodeling to bathroom renovations and door replacement to stone veneer installation. You can refer to this article from the Family Handyman to get ideas for home renovations that can increase your house’s value.

Add Square Footage to Your House

If you want to add space to your existing home and don’t want to move, consider adding a patio, deck, or another story above the garage. These are easy and inexpensive ways of adding square footage without breaking the bank. They can be added to an existing structure without needing structural changes. Many builders offer them as standard on their models.

For example, if you have an older house with no room for a deck or patio but want one anyway, talk with your builder about designing some type of addition that meets your needs and then hide it behind shrubs when not in use.

Another option is adding an extension over the garage. Hence, instead of having two cars parked in front of one another as they would be in a standard driveway scenario where there’s no extension over the garage.

Both cars will have access through a single door opening into each other’s space instead. This can allow for plenty more room than simply having one car parked between two others since there’s no need for additional steps leading up toward either vehicle. Just walk straight down onto the level ground.

Conclusion

We hope that this has been a helpful guide to selling your house the right way. Now that you have all the information you need about how to sell your home for top dollar, it’s time to get started on finding buyers.

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