Increase the value of your home
Expenditure on resources and efforts to add value to your home is always important. These provide a more liveable and appealing home that reflects your style and personality as a homeowner. More importantly, they also increase market value, which is always crucial if you need to sell in the future.
Importantly, not all improvements are costly. In fact, you do not have to install a first-class home theater in your home to make it attractive. A broker said that he himself had installed a swimming pool to increase his home value. Unfortunately, the improvement was quite massive and required a lot of maintenance, which made it less attractive to potential buyers.
According to a report by Harvard’s Joint Center for Housing Studies, less than $ 10,000 has been spent by over one million homeowners on their remodeling projects over the last fifteen years. To help you make an informed decision about the best home improvement projects, here are some tips based on consumer reviews and data from the current housing market:
Any improvement in the kitchen drives the price of a home by 3 to 7 percent. Several studies have found that potential buyers always consider the kitchen as a selling point for every home. Consumer reports have found that a modern or updated kitchen is the most ideal feature of the home. However, this does not mean that you have to take your current kitchen out. You can start with small renovation projects, eg. B. with the repainting of cabinets and walls and the staining of old wood. If you have the budget, you need to upgrade the kitchen hardware in large projects.
The current buzzword in kitchen improvement is the use of stainless steel. Equip your kitchen with appliances equipped with steel for a modern, contemporary design. Lately, there are a lot of black kitchen appliances that look elegant and clean. If you can, invest in these devices and see how the value of your home increases dramatically.
Another wonderful improvement is the use of quartz countertops. If you have the money you can spend, you should take care of it, because these countertops are scratch and stain free and even heat resistant. It consists of stone chips, resins and pigments.
A beautiful garden will always be the first attraction.
The yard is almost always the one that homeowners overlook when doing home improvement work. Note, however, that a properly maintained garden is the first thing potential buyers notice about your home. Above all, the yard is also the easiest to maintain. Always make sure that it is clean and that the grasses are mowed. Also make sure trees and shrubs are trimmed regularly.
You can make your garden more attractive by adding flowerbeds that bloom according to the season. Do not embellish it with exotic plants that are expensive and difficult to care for. Instead, invest in pots or a topiary to beautify the look of your garden.
Do not forget to make minor repairs to the facade, including painting the door or the walls. If possible, add enhancements such as a deck or patio, a sitting area, or even a grill for barbecues and picnics. You can also add a dirt road that will make your yard look more interesting. If you already have gravel tiles, do not forget to repair or replace the broken ones. A fantastic garden has been reported to increase the overall value of your home by 3 to 5 percent.
Maintain your front door and your garage door.
The main reason your curb is so attractive is your front door and your garage door. Always maintain these doors with a fresh coat of paint or a good stain. It would also help show how safe these doors are to keep intruders out.
For those with a garage always make sure that the garage door is in good condition. The garage door opener mechanism should operate properly and be inspected regularly by a recognized specialist such as A1 Garage Door Service. When you need to update the look of your garage door, pay attention to the best style, the best materials and brands that complement the look and aesthetics of your home. A nice garage door can do a lot to increase the attractiveness of your home.
Keep all your equipment in good condition.
Most homeowners overlook leaking faucets, damaged door locks, broken light bulbs, clogged drains, broken toilets, etc. These can seriously affect the value of your home, as most buyers are often turned off by homes that require a lot of work. Make sure you repair any broken devices. These are often the least expensive and at the same time the most practical projects for your home improvement project. At the same time, when all fixtures are in good condition, potential buyers will be convinced of the solidity of buying your home.
Create strategic living spaces in your home.
In a consumer report on the Millennials list of the most attractive residential properties, an open floor plan with flexible housing is considered to be the most important. This is not synonymous with enlarging your home, but with an improvement in living space. For example, you can turn this loft or basement into a usable living space. In a report by US News, the conversion of a loft or basement costs only half of what is needed to create an extra space outside the home.
Millennial shoppers often want the extra space to serve as a home office or studio, while baby boomers want the extra space as an additional guest bedroom or as a playroom for grandchildren. These areas are often advertised as flexible rooms, mother-in-law apartments or upstairs laundry rooms and can account for up to 4 to 6 percent of the house value.
You can also try to rethink your layout. Consider removing walls to create clearances. Check the arrangement of bathroom, toilet and sink for maximum space and privacy. Use many mirrors to create the illusion of space and openness. There are definitely plenty of creative ideas to make spaces more strategic. While you’re at it, throw in some planters for a cozy feeling.
Make for an energy-efficient home.
Having an energy efficient home is not only a good selling point, but also important to keep your energy costs down. A recent survey by the National Association of Home Builders found that energy efficiency is the second most important attribute for a safe community to influence buying decisions.
The installation of LED lights is the first step in ensuring an energy efficient home. Next, insulation and Energy Star certified windows would be added. According to real estate experts, buyers are now asking about the R-value of a home’s thermal insulation and the low-e coatings of windows. It is also important to show that your garage door is well insulated too. A garage door with good insulation improves the overall energy efficiency of your home. In terms of pricing, an energy-efficient house increases its total value by 1 to 3 percent.
Install new sidings for a brand new living environment.
Did you know that you can make your home brand new? This is possible by attaching foam backing, vinyl sidewall or fiber cement sidewall. This will increase the life of your home and even improve energy efficiency. In addition, new sidings can enhance the exterior of your home until it appears brand new.
According to Remodeling Magazine, the installation of new sidings can increase the resale value of your home by as much as 78 percent.
Painting is the best and cheapest way to improve the look of your home.
If you do not have the budget to make many improvements, you can best improve your home by painting it. Painting is the best way to hide marked or scratched surfaces while protecting your home from weather and normal wear and tear. Eliminate areas of heavy traffic, such as the living room, kitchen and bathroom, to make your home more strategic.
Use a neutral color scheme to attract more buyers. In this way, buyers can imagine living spaces as they would like. You should also use high-quality colors, which do not peel off easily and still retain their shine after a few years. A good coat increases your home value by 1 to 2 percent.
Keep your home upgrades simple and easy to care for.
Most home buyers are not interested in carpeting or ornate cabinets that are likely to accumulate dust. What they want is home improvement, which is easy to maintain and does not require extra work. Make sure your upgrades take into account all of these factors.
At this point, houses with hardwood floors are in demand because of their beauty and longevity. Updated gas systems are also important considerations. Also, roofs that are free of water damage, squirrel infestation, ice shelters, etc. tend to rake at a good price. All this increases your home value by 3 to 5 percent.
Invest in smart technology.
If you can equip your home with the best technologies, you should definitely invest in smart devices. This is because technologies are slightly outdated. Therefore, it is important to make informed decisions. Intelligent technology includes a wide range of products suitable for lighting, doors, locks and security systems. Home buyers are willing to pay 3 to 5 percent more for the value of their home when they realize the potential of these devices. The best technologies to invest in are programmable thermostats that can be controlled by smartphones or computers, and a generator for the entire house.
Consider the needs of different age groups.
When furnishing your home, consider the needs of different age groups. Avoid steep stairs, slippery bathtubs and showers, sharp cabinets, etc. that are not suitable for the elderly and children.
While some home buyers are still attracted to bathtubs, you should install a separate walk-in shower that is suitable for walkers or that can be considered wheelchair friendly. If possible, you should install the master bedroom on the ground floor to avoid having to climb fewer stairs. Toilets should also be a few inches larger to make getting in and out easier. These improvements are expected to increase your home value by 1 to 2 percent.
Beautify your bathroom.
Make the bathroom with white tiles and suites a clean and fresh impression. Experiment with the lighting and decorative paneling to make it more comfortable. Home-owners love unique yet functional bathroom faucets, spa-style showerheads, creative wall vinyl, eye-catching washbasins, and coordinated surfaces. You can also enhance the look of your bathroom by installing bold shower curtains and other fixtures.
Do not forget the finishing touch.
If you offer your house for sale, do not forget to put the finishing touches. This can be as simple as clearing up the mess, ventilating the rooms or adding some flowers. Presentation is definitely the key.
A real estate agent notes that even a simple interior design can help to increase the number of real estate visits, improve prices and reduce time spent on the market. Home buyers are often deterred from homes that require a lot of work. Design your home with some wall hangings, curtains, fresh flowers and some pillows.
You see, increasing the value of your home can range from a range of things, from the cheapest and smaller projects to the larger ones. The most important thing is to always preserve its beauty because you never know when you need to bring it to market.