Peter D. Schalin is among the top 1% of Re/Max Realtors Worldwide Edmonton Real Estate Professional Peter D. Schalin
Peter D. Schalin is among the top 1% of Re/Max Realtors Worldwide

Tips for Buyers & Sellers
Adding Value to Your Home

Planning to sell in the near future?

Here are some inexpensive touches that create eye appeal for prospective buyers.

Landscaping
Your front lawn, flowerbeds, porch, sidewalk and driveway should be well maintained, neat and uncluttered. Decks, fences, and gates should be in good condition.

Painting
Touch up floorboards. Repaint unsightly walls and doors.

Repairs
Nagging little jobs you have been putting off should be done now:

broken or cracked windows

holes in screens

broken door handles, light switches

leaking faucets or toilets

Note: Major defects such as a leaking roof, or problems with the heating or electrical system, must be disclosed to the buyer. If you don't choose to spend money on such repairs, it will be reflected in a lower sale price.

Removing clutter
Too much furniture or clutter, and crowded storage space will not allow buyers to visualize your home as theirs. Have a garage sale, or store some belongings off-site.

This brief overview is just a start.

Your realtor will have many more suggestions that will help you get top dollar for your home.


Looking at a longer-term investment?

If you plan to live in your home for some time, you will be faced with other decisions about adding value to your home.

What will make you the most comfortable and, at the same time, give you the greatest return on your investment?

Maintenance
Keeping your home in good repair is your best investment:

roofing, eavestroughs, and windows

a new coat of exterior paint

regular upkeep on the heating and electrical system

appropriate flooring in high traffic areas

Renovations and additions
Not all renovations and additions are equal. Be wary of items that a future buyer might consider expensive to maintain. Stick to practical items:

a garage

a patio or deck

an extra bathroom or bedroom

skylights

a central vacuum system

Remember that your realtor is experienced in market valuation and is always ready to give you advice on adding value to your home.

Prepared by the Alberta Real Estate Association

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