Five Ways to Increase Your Home’s Value

Whether you have recently purchased a real estate investment, you are planning to put a property on the market or you simply want to give your home a few upgrades, there are several relatively inexpensive steps that you can take to help increase the value of your home. Here is a look at just a few you might want to consider.

Apply Fresh Paint

A fresh coat of paint can go a long way toward brightening up indoor and outdoor space while also making your home appear well-maintained. When choosing paint, go with neutral colors that are likely to appeal to a broader number of potential buyers. You can then use accent pieces to help bring more color into the space and to highlight key areas that you really want to “pop” and get noticed.

Make it Energy Efficient

Not only is an energy-efficient home more valuable, but it also helps you to save money. Some ways to add value to your home by making it more energy efficient include:

  • Install a programmable thermostat
  • Replace windows with Energy Star certified windows
  • Replace the water heater with a more efficient model
  • Install energy-efficient appliances

These changes can help you save thousands of dollars on energy costs.

Focus on the Kitchen

The kitchen is still the most important room in the house when it comes to increasing value, but you don’t have to rip your kitchen apart in order to get great results. Some quick ways to increase the value of your kitchen include:

  • Upgrade to stainless steel, energy-efficient appliances
  • Install quarts countertops
  • Replace faucets with water-efficient varieties
  • Install new cabinet handles

All of these changes will help to give your kitchen a clean, modern look that will be appealing to most buyers.

Make Good Use of Space

The purpose of each of the rooms in your house should be clear and the space in each room should be used to the fullest extent. If you have an odd corner or other areas that seem to stick out or otherwise be wasted space, look for ways to make better use of the space. Built-in shelves or creating a sitting space, for example, can help make the home more inviting while also adding extra features that will catch the eye of potential buyers.

Give the Outdoor Space Some Attention

Homebuyers are increasingly looking for homes that make good use out of outdoor space, with many looking for “livable” outdoor space where they can entertain guests and otherwise enjoy sitting and breathing the outside air. Adding a porch or deck can go a long way toward increasing the value of your home as you expand its outdoor living space. You can further create curb appeal by adding some flowers and ensuring all of your landscaping is properly maintained. Keep in mind that you should not go overboard with landscaping, as most potential buyers are not going to be interested in purchasing a property that will require a significant amount of maintenance.

Moving? Know the value of your home …