5 Tips for Increasing Your Home’s Value
If you’re considering selling your home, expect to lose at least $20,000.
A home is a valuable asset, but selling it can cost you money, from taxes to paying your real estate agent. And in some areas, up to $80,000 is swiped from the home’s sale price.
That’s why it’s crucial to boost your home’s value as much as you can. By increasing your home’s value, you can ensure you earn as much as possible when putting your home on the market.
Use these five tips to improve the value of your home, whether you’re ready to sell or simply looking to maintain your property.
Choose Cheaper Energy
Energy costs can drastically change depending on the home. That’s why many buyers look for an energy-efficient home.
Eco-friendly options that use less energy will save you money now, while also increasing your home’s value.
If you decide to sell your home in the future, many house hunters will see solar panels and other money-saving energy solutions as being a major asset. Learn more about how to take advantage of solar savings for your home.
Invest in Landscaping
One of the easiest ways to improve the value of your home is to focus on curb appeal.
While your home may be stunning on the inside, it’s important to reflect value on the outside too.
Maintain your grass, plant trees, and add some plants that are appropriate for your region and climate. That way, they’ll need less maintenance and upkeep to stay alive for years to come.
Update Your Kitchen
The kitchen is viewed as one of the most important spaces in a home. And it’s also one of the first to become dated.
The cabinets, hardware, and countertops that were stylish when the house was built may feel stale now.
Freshen up your kitchen with a full renovation. Kitchen remodels can be expensive, but they’re one of the best things to improve the value of your home.
If you want to improve the market value of your home, don’t overlook space. The amount of usable, livable space in a home is one of the biggest factors that determine a property’s worth.
Look for ways to expand the space in your home. If you have a large garage or unfinished basement, consider sprucing it up with carpet and finished walls. You can even build an insulated barn in your backyard and use it as another living space.
Just be sure to follow your area’s regulations when building and renovating habitable rooms.
Add a New Coat of Paint
One of the simplest ways to boost your home’s value, without a hefty commitment or investment, is to upgrade interior paint.
As we spend time in our homes, our paint can start to show signs of wear and tear. It may peel or become discolored. And sometimes, the wrong color of paint can be an eyesore for potential buyers.
A new coat of paint can make a room appear cleaner and more inviting, leaving a better impression and increasing your home’s value.
Start Increasing Your Home’s Value With These Tips
Whether you have time and money to invest in a full renovation or you can only afford to repaint your walls, the actions you take now can make all the difference in your home’s value.
Use these tips, and start increasing your home’s value to get the most bang for your buck later.
For more advice and ideas, read our other home improvement articles!