Are you thinking about selling your home soon, or at least, in the near future? Then you shouldn’t only focus on having your home look great for your household and visitors. You should also add functionality to it to increase its overall value. The value is an important part of selling the house, which can encourage potential buyers to consider investing in your home.
But what can you do to improve your home while increasing its home value and being a comfortable place for your family to live in as you look for buyers? Read on to learn about what you can do for your home to improve its overall value!
Awesome Improvements to Increase Your Home’s Value
While home improvements can make a home much better to live in, remember that not all of them will be able to give you the return of investment you need after selling it. With that in mind, these are 5 worthy improvements you can do for your home to increase its value:
- Make Your Home More Spacious
Any home buyer would appreciate more space around wherever they live in. Regardless of their income bracket, those who bought or planned to buy a home want more square footage.
You can do this by starting off with your basement. High-income buyers like basements, which adds more heated square footage and increasing the price bracket.
Also, open up your floor plan! Knock out one wall to create a more spacious layout, with buyers favoring designs that are completely or partially open around the living area, dining room, and kitchen. This is because it allows more natural light and has the space look even bigger, less stuffy.
- Enhance Its Curb Appeal
The curb appeal is what would make a splash with potential buyers even before entering the house. A beautiful landscape implies that your home is maintained well, and realtors say that landscape maintenance projects would most likely result in sales. Curb appeal can really help improve the house’s marketability and even boost its value!
You can improve the curb appeal by adding a stone veneer at the front of your home, and touch up the exterior’s paint, which is good for those on a budget.
If you have extra cash, then consider replacing your existing entry door with one made of steel. You can also preplace your garage door, which most likely pays for itself when using your current motorized opener.
- Add Style in Rooms for Less
Buyers will focus on your bathrooms and kitchens, looking for attractive and remodeled ones, which they are more inclined to invest in as it saves time and effort on their part from renovating it.
You don’t need to spend a ton on a remodel though, there are ways that total overhauls don’t have to cost too much! One thing you can do is to swap the fixtures in the kitchens and bathrooms. This includes placing new drawer pulls and knobs, faucets, and other things to match the home’s style and ambiance, though it may be best to ask a real estate agent to see what styles are more wanted in the area.
You can also opt to do minor and affordable remodel rather than upscale ones, focusing more on what needs to be repaired and replaced for an updated style and function. If you can, I recommend installing hardwood floors or refinishing existing ones with the Wood Glass Group, which is known to give you a good return on investment and raise the house’s value.
- Reduce the Maintenance Hassles
For homes that are over 10-15 years old, it’s time to repair or replace the big-ticket items to reduce the hassle of maintenance, which is a huge turn off to potential buyers.
When doing this, look into the huge parts of your house and consider redoing or repairing them. If they are still in working condition, find ways to maintain and spruce up its functionality.
Redo your roof, pump your HVAC, and look into the sidings, which may need some replacement or remodeling.
- Make the Home More Efficient
Today, home buyers are thinking green, wanting more green features to save the environment and utility bills. You can do upgrades such as:
● Replacing old toilets with low-flow fixtures
● Invest in energy-efficient appliances that have an Energy Star symbol
● Getting energy-efficient windows
Furthermore, you may want to perform upgrades on your home which cater to the area and neighborhood’s trends and/or demographics. Find out who your target buyers are and see what they need and prefer to have the most (for instance, millennials may have different wants compared to older people!).
Wrapping It Up
When it comes to increasing your home’s value for potential buyers, there are things you can do to receive a better return on investment. From opening up space down to replacing or resuming renovation activities, potential buyers (and your household) will be wowed by the changes and want to live in it!
I hope that this article on how to improve your home to increase its value helped you out! Now that you know the answer, do try following any of these ideas and see how it can make your home look even better!
Do you have questions or would like to share tips and experiences on home improvements? Share them in the comments section below, I would love to hear your thoughts and stories!