Whether you intend to add equity to your home or make a profit by the time you sell, improving your home will always be a great investment. There are many things you can do to upgrade your property and make it more efficient, comfortable, enjoyable and equipped. To do so, you might need to add square footage or install new technologies to make it low maintenance and more attractive to future homebuyers.
Your house is a valuable asset, and improving it and taking care of it should be a priority. We provide you the complete guide to increasing your home value.
Firstly, first impressions matter. A home's exterior design will attract a potential homebuyer. Maintaining a good-looking yard, a well-painted house, and a clean entrance is a must.
Furthermore, the focus of a home's appearance is both the kitchen and bathroom. There are nowadays lovely floor and tile finishes that will give your home a boost in value and beauty. If you are blessed with a fireplace, make sure it is modern - looking and placed in a strategic spot of the house, preferably in the living room.
Efficiency is everything nowadays since many homebuyers are interested in a low maintenance property. If you are into saving money, installing solar energy panels or/and solar water heaters is eventually cheaper, and if selling is your goal this is a way to enhance a home offer since the new owner will not have to go through the overwhelming installation process.
Also, considering double-paned windows, enhanced attic insulation, LED lighting and wooden flooring for better heating, are ideas to add value to your home.
Another way to increase the value of a property is by adding smart technologies, homebuyers are interested in acquiring a safe house, smart gadgets include fire detectors, carbon monoxide detectors, security cameras, door locks, and lighting, among other features. And the bright side is, the installation of these technologies is not that expensive.
Lastly, expanding the square footage of your home, if possible, will be a huge positive impact on the value of your property. Since the price per square foot is a way that real estate agents compare homes that are similar. It is not necessary to build a new room, adding a deck or remodeling your basement might be good ways to augment foot square area.