The Best Ways to Increase Your Home’s Value

Written by  //  July 23, 2020  //  Other Home Issues  //  Comments Off on The Best Ways to Increase Your Home’s Value

home value

The most natural time to think about increasing property value is when you’re looking to put your house on the market. But by that point, it’s crunch time, and you’re so embroiled in the chaos of moving that it seems like an insurmountable task to do the things you need to do to increase your home’s value. Fortunately, there are plenty of things you can do to increase your home’s value long before it’s time to leave it. These are some of the best ways to increase your home’s value.

Consult a Professional

Every home is different, and different types of homes may attract different clientele. As such, it’s best to consult a professional such as a realtor as you begin to look at ways to increase your home’s value. A realtor will be able to give insight into what buyers are looking for in a home of your size, age, and style and give you advice as to how to appeal to that market. If you are close to moving, they can also give you tips for staging, such as how to create a pleasing ambiance and rearrange furniture and décor in a tasteful way.

Interior Décor

Speaking of décor, buffing up your house’s interior is one of the simplest ways to improve value. Adding new flooring or painting your house will make even old homes look new, but improving the décor doesn’t even have to be that intensive or bank-breaking. For instance, refinishing a hardwood floor or cabinets can make a space look just as fresh as installing new ones. Even organizing a space can do wonders to make a home look more aesthetically appealing.

Space

Larger homes tend to sell better, and there are two ways of achieving more space. One method is by adding an addition to your home, whether that means adding an entirely new room or adding more space to an already existing room. This is a pricey, labor-intensive option, but it’s certainly appealing for those who plan to stay in their home for a while and need more space. However, there is another option: making the home appear to have more space. This involves interior design choices as well, but instead of focusing on putting more things in your house, it focuses on having fewer things arranged in a way that makes the house feel more open—in other words, a more minimalistic aesthetic. Potential buyers coming to view your house will feel the difference.

Energy Efficiency

Buyers appreciate a quality home that costs less both upfront and while they’re living in it, so making a few updates that improve energy efficiency will make your home more attractive. Making your home more energy-efficient can involve structural changes, such as installing new insulation, better windows, an updated roof, or even solar panels. It can also include replacing appliances, such as washers, refrigerators, or ovens, with more efficient ones.

image credit: twenty20.com

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