Increasing home value is much easier than you think. Here are some features, you can add and make your home worth selling. The homes for sale in Nanaimo that sell fast and at the right price are the ones that offer the best value to buyers. Here’s a quick look how value works and some of the home features that offer good value. What is home value? Home value is the amount of money you’d like to sell your home for and the price that a buyer is willing to pay at a given point in time. However, different buyers may place more or less value on the same home. For example, homes for sale in the dead of winter generally sell for less than they would in the summer because demand is lower. Or, a large family places more value on a 4-bedroom home than downsizing baby boomers would. 8 market factors that influence value Although no two homes are the same, there are some common market factors that influence home value: How to increase home value Now that we’ve discussed some of the ‘big picture’ factors that affect value of homes for sale in Nanaimo, let’s cover some specific home features that offer good value. Many of these are easy to do and can increase the value of your home before you know it: Extra tips to increase your new home’s value Even if you’ve recently purchased a new home and don’t plan on selling soon, you can still add value to it. Here are three things you can do to increase the value of your new home and make it more enjoyable to live in before the time comes to sell: #1 Updating the kitchen and bathrooms Updating in the kitchen and bathrooms adds the most value and provides the greatest return on investment. There are two reasons for this. First, both of these spaces are high-traffic areas that people see and use all the time. Second, because kitchen and bath updates are appealing to buyers, appraisers usually look for updates in these rooms when determining home value. #2 Maximizing curb appeal Curb appeal matters because it creates a lasting first impression on prospective buyers and makes them want to see the inside even more. Planting healthy trees, flowers, and keeping lawns neat and trimmed are three of the easiest things you can do to create good value in your home. #3 Add square footage or open up the floor plan Adding usable living space to your home will increase its per square foot price. Opening up the floor plan also adds value, even if the square footage doesn’t change. Removing a wall, widening a door way, or installing a kitchen island are all features that today’s home buyers see extra value in. Key takeaways for home features that offer good value Source: Free Articles from ArticlesFactory.com I'm an experienced and enthusiastic Realtor & I define 'full service' as 'going above and beyond' for my clients. As your Realtor, I will be an advocate for you. Whether you are buying or selling I will work tirelessly to promote your best interests. If you are selling, I will work to get you the fairest price, in the least amount of time, by showcasing your home on my website and utilizing a team of professional service providers such as photographers, stagers, floor plan & virtual tour providers, to assist in marketing your property. If you are buying, I will work hard to provide you with the best information and market data to inform and assist you, so you can be a well-equipped buyer in the strongest possible negotiating position.