Midland Real Estate: 6 Ways to Maximize Your Home’s Value on a Tight Budget

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We all know that a little DIY, a few renovations, and some artful staging are great ways to get your home noticed (and sold) fast, but what if you just don’t have the budget to do all that? Are you resigned to waiting around, twiddling your thumbs until the right desperate buyer comes in? Will you be forced to lower your asking price just to gain a little interest?

Fortunately, a tight budget doesn’t always mean a slow sales process, especially in the Midland-Odessa real estate market. You can still maximize your home’s value, up its appeal and get it noticed — all without a huge investment. You just have to be a little more creative about it.

Are you looking to sell your home, but don’t have a whole ton to pour into prepping it? Here are a few ways you can increase its value without a lot of cash:

  1. Get to painting. Painting is a great, low-cost way to give your home a makeover. On the outside, it can make your property look newer and better cared for, and on the inside, it can cover cracks and smudges, give a room a more welcoming air, or even just help potential buyers better envision themselves in the space. Best of all? You can DIY it!
  2. Plant it. You might not have thousands and thousands to hire a professional landscaper, but what about heading up to Home Depot, grabbing a few pots of seasonal flowers, and picking up a few trees? Then all you have to do is head home and start planting. You’ll give your garden a happy little makeover, and with the trees, you’ll offer a little welcoming shade for potential buyers.
  3. “Add” a room. Installing an actual addition to your home can cost thousands but fortunately, that’s not your only option. Want to offer potential buyers a nursery, a study or a den and make your home look more enticing? Fool them with a little décor change. Line your extra bedroom with IKEA bookshelves, and include a small desk and chair. Take out the bed and nightstand, and they’ll be impressed by the perfect little office your home offers. It’s all about presentation!
  4. Increase seating. Installing more seating throughout your home is a great way to make it look roomier and more spacious. A bench in the back garden, a couple of low-cost barstools at the counter, or even just a small patio set out in the backyard can give the illusion that the property is more expansive than it really is.
  5. Clean the carpets. After years and years of use, carpets can get pretty dingy, so a good, thorough cleaning can go a long way. Though a professional carpet cleaner is a good option, you could also just go to your local grocery store and rent a Rug Doctor. It’s a fraction of the cost and it can give your flooring a makeover in just a few hours!
  6. Refresh the front door. Your front door is one of the first things people will see, so put some time and effort into it. Replacing a door can get expensive, but for a low-cost option, consider simply repainting or restaining it. You can also repaint the frame, hang an eye-catching wreath, or add some potted plants or other affordable décor in the entryway. You want it to look as welcoming as possible.

It doesn’t have to be expensive to get your home noticed. All you need is a little creativity and some good old hard work, and you’ll have an all-out bidding war in no time. Want more guidance like this? Visit Guardian Mortgage Company’s blog all month long for expert selling advice.