Maximizing Your Home's Value

Posted by Kamenka & McArdle Canmore Home Sales on Monday, July 12th, 2021 at 4:38pm.

Many of us think about property improvements when it comes time to sell our home. As home owners we take great pride in doing some of the more apparent home maintenance - such as keeping up with the yard, and keeping the home tidy and neat. As realtors we have been called to list a property or represent the buyers of a property where we know that the home could command a greater value for the owner if a few more items were tended to.

To help you maximize your home's potential consider the following tips:

Outdoors

Do a regular permitter walk of your house to see anything that made out of place.

  • Is there a crack in the parging of your foundation?
  • Are there any fence boards that need replacing?
  • Has the deck been recently stained?
  • Does your front door look well maintained and recently painted?

A potential buyer with a keen eye will be looking first for what is wrong with the property - and their first impression will be based on what the exterior looks like.

Indoors

As a potential buyer enters your home, consider how they'll experience your property.

  • When was the last time the interior of your house was painted? We often see homes that are well staged, but when you look closely, the walls show wear and tear. A fresh coat of paint goes a long way.
  • When was your furnace last maintained? This is another tell-tale sign of how well a property was cared for. Service comapanies date a sticker on the outside of the furnace at the end of each maintenance call - showing potential buyers that your furnace is well maintained.
  • Cleanliness - this one likely seems obvious. You want to leave your home in pristine condition when you are showing it. This can take more elbow grease than some would imagine - and this can truly influence a buyer and their willingness to pay top dollar for the product. A buyer doesn't want to see remnants of your last meal on the stove, or a laundry basket full of dirty clothes.

Consider the long-term goal of home ownership. Your home is one of your biggest investments, and when it comes time to sell your property, ensuring that you can get the biggest return on your investment is important. Continued upkeep will provide you with the biggest buyer's pool when it comes time to sell, and ultimately get the highest return on your investment. 

As you prepare to sell your home, reach out to Clare and Mary-Anne and they can provide you with their expert insights to help you maximize your property's value. 


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