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Tuesday, February 17, 2009

How To Raise Home Value To Sell For Quick Cash

By Chris Channing

Getting a house sold is a long process in itself, but truly making it a profitable endeavor can be quite the task. If you want to make your house a hotter target for home buyers, and also make some extra money in raising the overall value, there are some steps to take that will achieve both goals. Best yet, they won't take long at all to implement.

A new homeowner is going to want a home that needs little work done to it. A prime example of a "creature comfort" such as this would be making a home more ready to survive extreme weather conditions when it comes to energy. Since energy costs have soared over the past few months, having an energy-efficient home will attract a lot of interest over others.

Doing outside work on a house is somewhat expensive, but necessary if the house is in poor condition. Even for housing that is in average condition, some landscaping work can bring out quite a bit of value in the home it didn't have previously. Common inexpensive projects may be to plant fruit trees, a small garden, or make a small pond. More expensive projects such as building a patio or deck will bring much more value to a home, but be prepared to shell out more money.

Selling a house for cash is also made easier through interior design- although this is also a very expensive route in increasing value. Interior design may include repainting rooms, adding light fixture or draperies, adding carpet, or furnishing a home to appear more homely. This method also takes more work than the normal upgrades, since it involves moving objects around and careful planning.

Current homeowners may wish to invest in sheds as well, as they are quite inexpensive in today's market and bring much value in return. Different types of sheds are available, large and small, to suit anything from a simple equipment housing area to a guest home. Sheds carry the same energy problems homes do, so extra work in installing insulation and laying water pipes or electricity lines down may be necessary.

A real estate broker is going to be able to help a consumer quite a bit in finding the best ways to raise property value. Finding a good broker is tough, considering there are so many to choose from. Going from the advice of word of mouth or going online to see reviews of different brokers is always a solid idea. In any case, visit a few and make an educated decision.

Final Thoughts

From this point forward, you should consider looking into books on the subject of home improvement. Also consider talking to a broker in your area for options in increasing value with relatively little cash. With the right course of action, it isn't uncommon to see a house go for 20% or higher in overall value from a little effort.

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