Helpful Ways to Increase Your Home’s Property Value
July 5, 2021 9:06:18 PM PDT July 5, 2021 9:06:18 PM PDTth, July 5, 2021 9:06:18 PM PDT
Are you looking to increase your property value and sell your home? Well, you’ve come to the right place, read here for five helpful tips on how to increase your home’s value and get the most return on your investment.
Redesign Your Backyard
When it comes to increasing your home's property value, it’s not just what’s on the inside that counts. There are many different ways you can change your front and backyard designs to increase value. As always, it is important to keep your home's lawn and landscape well maintained.
One way to increase your home’s value is by adding a back deck or patio. This may come at a high cost, but it will increase your resale value greatly. Patio furniture and grills can look great here. On this deck, you can implement an automatic sliding door system on your patio exterior doors. This will be a step towards automating your home, which is also a great attraction for buyers. Additionally, if you live in a neighborhood with lots of families, you may want to consider purchasing a nice playset for your backyard. Adding a pool or water feature such as a fountain or waterfall can also attract buyers and boost your property value.
New or refurbished flooring and floor tiles are high on the list of upgrades that attract buyers, so it is definitely a project that is worth the investment. There are many benefits to installing underfloor heating. Underfloor heating provides overall comfort and a more pleasant experience in your home. It is more energy efficient than other types of radiant heating and it can reduce the amount of dust mites in your home. Once underfloor heating is installed, the systems require almost no maintenance so you will not have to worry about checking up on it.
One of the most important spaces potential buyers look at in a house is the kitchen. By renovating your kitchen, you can add great value to your home. A deep cleaning, fresh coat of paint, and installing a new kitchen faucet or cabinets will go a long way in the eyes of a buyer. It is important to consider both your price point and your competition, when trying to determine whether you should invest in complete kitchen renovations because sometimes selling your home at a lower price can actually save you money in the long run.
Add Green and Smart Tech Capabilities
Americans are getting more and more interested in buying homes that come with the latest technology and smart home appliances. A recent survey showed which smart home products homebuyers most preferred to have pre-installed in a home they are looking to buy. The list showed that smart thermostats, smart fire detectors, smart carbon monoxide detectors, and smart security cameras were at the top of the list. You should also consider adding an automatic sliding door system to increase the convenience of going in and out of your home. It is important to make sure your home is energy efficient as well, because energy conservation features can have a significant impact on home value. To improve your home's energy efficiency consider adding solar panels on the roof, LED lighting, or double paned windows.
Add on an Extension
Bigger homes always sell for more money, so adding square feet to your home can add some real value. Think about areas in your home where you could add on an extension, such as a screened in porch, a deck, or finishing up the basement. You could also consider knocking down some walls inside to open up the layout to make your home feel bigger. It’s important to think about the cost of these additions to ensure you would earn the money back by increasing the resale value.
There are many different ways you can increase your home's property value, so choose what feels right for you and your home!