No matter how much you love your home, there may come a time when you want to sell it. And if you’re like most people, one of your top priorities is ensuring that your home is worth as much as possible. Thankfully, you can make a few simple improvements to increase its value.
Keep reading to learn more!
Outside Appearance Matters
Step outside and away from your house (across the street is preferable). Do an honest assessment of your home’s exterior. Does it look inviting, or does it look neglected? What about your yard? Is it green and lush, litter-free, and appealing landscaped? Or does your grass look brown and your bushes overgrown? You’ve heard the term ‘curb appeal’. Before you do any work on the inside, you will need to do some work on the outside. A fresh coat of paint, mowed lawn, hanging baskets on the porch, and flower beds around the front entrance will help your house make a good first impression.
Take Care of Major Repairs
Purchasing a house is a significant investment. When someone is moving into their new home, the last thing they want to do is replace a deteriorating roof or a faulty furnace. Not only will these types of repairs reassure potential buyers, but they will also increase energy efficiency and increase your home’s resale value.
Update the Kitchen and Bathrooms
Outdated kitchens and bathrooms are serious turnoffs for potential homebuyers. You can go with minor improvements, such as new light fixtures and new hardware on cupboards and drawers. Or, you can spend more money and completely remodel your bathroom and purchase new appliances for your kitchen.
Freshen up the Interior
After you update your kitchen and bathroom, it’s time to look at the rest of your house. Wallpaper makes a home look dated, so if you have any, take it down and paint your walls. If possible, tear up stained and worn carpeting and replace it with hardwood or laminate flooring. This change not only gives your home a more modern look but replacing carpet with flooring can also reduce indoor allergens.
How many times have you had to run extension cords through windows or doors because you don’t have outdoor outlets? Adding a few of these to the outside of your house will be a much-appreciated feature. And, while you’re at it, having a Tesla charger in your garage will definitely increase the value of your home.
Make it a Smart Home
Adding some new technology to your house will modernize it without spending a lot of time or money. You can simplify it by adding smart thermometers, lighting, door locks, and video doorbells. Or, you can go all out and have automated blinds and security systems.
Make it Bigger
While you might not be able to add square footage to your house, there are some things you can do to give the impression of a larger living space. Paint the walls with a light color and then add furnishings in the same color family. Get rid of drapes and replace them with blinds.
You will want to remove any clutter and go for a more minimalist look. Hanging a mirror on the wall also gives the impression of a larger area.
Convert Unused Spaces
If you have an attic area that is currently storing Christmas decorations, consider the possibility of turning that space into an extra bedroom. The same goes for underutilized basements. A basement is a perfect area to turn into a family room or exercise room.
If you have an unused room, stage that as a home office. The number of remote workers has increased in recent years, and having a specific space for working from home could be a big selling point.
The Bottom Line
Home improvement projects can be a great way to increase the value of your home. If you are considering selling your home in the future, it is important to think about which projects will provide the best return on investment. By following the tips we’ve provided, you can select the right project for your needs and increase your home’s resale value.
Have you completed any home improvement projects lately? Tell us about them in the comments!