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How To Increase The Value Of Your Philadelphia Real Estate

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You probably know this, but real estate in Philadelphia is competitive. If you want to increase your value, you need to make improvements and be smart about your choices. However, this can feel overwhelming at first if you don't have some guidance. So use the tips below and make sure you're getting the most you can out of your property for the maximum value now and into the future:

How To Increase The Value Of Your Philadelphia Real Estate
Windows

Windows cover a large portion of your home. And when you think of it, they are not very energy efficient. They are just panes of glass, letting energy flow in and out of them at will. This can make your heating and cooling bills huge in certain times of the year, especially in Philly.

If you have old windows, new buyers will see this and it will lower the value of the home. They will know they have to replace them down the line or risk higher bills. So get those old leaky windows replaced and repaired. It's worth the price. The same goes for doors.


Kitchen

Your kitchen is a great place to invest in and get ROI. Not only can you enjoy the newer kitchen remodel yourself while you live there, but it will boost your home's value so you can sell it for more down the line. In terms of kitchen styles, go with something that fits the character of the home, whether that is modern, old fashioned, or a certain color scheme.


Roof

A leaky roof or one that is risking a collapse soon is never a good sign to future buyers, especially with snowy winters every year. This will make your value go down fast. Get the roof repaired and even redone if you want to see your home value go up.


Paint

There is a lot to be said for a new coat of paint. It is one of the most underrated things you can do, and yet one of the least expensive. Beware though, don't go overboard on unique colors. Keep the colors simple and neutral so the future buyers can really project their own dreams onto it, raising the price.


Furniture

New couches and chairs always shine when houses are being shown. They can really liven up a room that is otherwise plain. If you don't own the furniture you want for certain rooms, don't be afraid to rent it on a payment plan.


Landscaping

Part of your home is the lawn. It is also one of the first things that people will see when driving up. Your landscaping can put your value up or down depending on how well and how often it is done. Don't skimp on your outdoors. After all, it is the only part that everyone else sees the entire time.


Carpets

When people first walk into the house, one of the first things they notice is the carpets. If the carpets are dirty, it could make an otherwise great place look trashy and turn away potential buyers. Don't let that happen to you. Hiring carpet steam cleaners won't break the bank but you get a lot back for your return on investment. Then they will be thinking how fresh and clean the house smells and looks.

When it comes to increasing your real estate value in Philly, there are a lot of places to start. It can seem like a lot to take in at first. Luckily, if you just focus on the areas above, you can get the most bang for your buck and create an increased value that lets you enjoy more equity lines of credit or a better sales price when the time comes.

Brett Clawson is a business owner and entrepreneur with over 10 years of experience. In his free time, he enjoys writing and learning about emerging business trends.

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