How to increase the value of your home in Tucson, AZ
If you want to boost the value of your Tucson home, these six strategies can help you achieve that goal.
Curb appeal: Improving your home’s exterior can make a big difference. According to a recent survey by the National Association of Realtors, 92% of realtors recommend enhancing curb appeal prior to listing. Easy-to-tackle projects like painting the front door, updating landscaping, and power washing the siding and walkways can help draw in potential buyers.
Strategic updates: Focus on high-impact home improvements that offer the best return on investment. The 2023 Cost vs. Value Report by Zonda shows that replacing a garage door can yield a 103% return on investment. Additionally, updating kitchens and bathrooms with new fixtures, lighting, and modern appliances can significantly enhance your home’s appeal and value.
Necessary fixes: Before listing your home, make sure all major systems are in good working order. This includes addressing issues with the roof, plumbing, electrical systems, HVAC, and foundation. Tackling these repairs can help you avoid negative inspection results and keep potential buyers interested. However, it’s always a good idea to consult your real estate agent before investing in costly repairs.
Decluttering and depersonalizing: Preparing your home for sale involves more than just cleaning. Decluttering and depersonalizing spaces is crucial for helping buyers envision themselves in the home. A HomeLight survey found that decluttering can increase your home’s sale price by $8,000 or more. Remove personal items like family photos, religious symbols, and collectibles, as well as excess furniture to make rooms appear larger and more inviting.
Deep cleaning: A spotless home can make a lasting impression on buyers. According to a HomeLight survey, deep cleaning can boost a home’s value by $3,700. Focus on areas like carpets, grout, windows, and baseboards to ensure your home looks its best. A thorough cleaning can make your home more appealing and help buyers overlook minor imperfections.
Home staging: Effective staging can showcase your home’s best features and help buyers visualize themselves living there. HomeLight’s Agent Insights Report indicates that professionally staged homes can sell for up to 13% more than unstaged homes. Staging involves arranging furniture and decor to highlight your home’s strengths and create a welcoming atmosphere. More than 30% of the real estate agents surveyed by HomeLight consider staging essential for a successful sale.
How to buy before you sell in Tucson, AZ
If you’ve found your dream home in Tucson but are worried about selling your current one, HomeLight’s Buy Before You Sell (BBYS) program can help. This program lets you unlock a percentage of your existing home’s equity to secure a new property without the typical contingencies.
The BBYS program works by allowing eligible homeowners to access their equity within 24 hours, with no upfront fees or commitment required. This means you can buy your new home first and then sell your old one, making the transition smoother and eliminating the need for temporary housing or rushed sales.
HomeLight charges a 2.4% fee based on the final sale price of your current home. If your home doesn’t sell within 90 days after you’ve purchased your new one, HomeLight steps in to buy it. They’ll continue to market and sell the home, passing the remaining profits to you after deducting any costs.
Press play on the video below for more information about HomeLight’s Buy Before You Sell program:
