Often homeowners find themselves wishing they could add value to their home, whether by following modern trends or updating outdated features. Fortunately, there are several ways homeowners can increase the resale (or even market) value of their homes.
Here are some tips on how to add value to your home.
1. Kitchen Remodel
One of the best ways to add value to your home is through a kitchen remodel. Not only will potential homebuyers be impressed with a brand new kitchen, but you’ll also see an increase in your home’s resale value. If your budget doesn’t allow for a full remodel, consider updating your cabinets, countertops, flooring, and more to help create a modern feel.
2. Increase home square footage or update the home layout
Often times homeowners add square footage by building out the basement, an unfinished attic or even including a sunroom where one did not exist before. These home features can be great ways to increase your home’s value. Home layouts can be updated by creating an open floor plan or reconfiguring walls to use the space better.
3. Add a Bathroom
Having an extra bathroom is always a bonus for home buyers and can add value to your home. If you don’t have the space or budget to add an entirely new bathroom, consider updating your existing one.
4. Outdoor Living Spaces
Homebuyers are always looking for homes with outdoor living spaces, such as decks, patios or porches. If your home doesn’t have any of these, consider adding them. This is a great way to add value and appeal to home buyers.
5. Upgrade Finishes
Homebuyers are looking for move-in-ready homes, but it doesn’t hurt to include home buyers’ home features. This means updating home finishes like flooring, countertops and even paint colours. These small updates can make a huge difference for home buyers.
6. Add Storage Space
One of the easiest things homeowners can do to add value to their home is by adding more storage space. This could mean installing shelves in closets or adding a garage. Home buyers always appreciate extra storage space, which is a great way to increase your home’s value.
7. Install Energy-Efficient Features
Installing energy-efficient features, such as solar panels, is a great way to add value to your home. Not only will home buyers appreciate the money they’ll save on energy bills, but they’ll also love the eco-friendly aspect of your home.
Landscaping is one of the easiest and most affordable ways to add value to your home. Add some flower beds, install a new fence or even put in a patio to make your home more appealing to potential home buyers.
9. Home Theatre
Home theatres have become increasingly popular in recent years and can be a great way to add value to your home. If you have the space and budget, consider installing a home theatre. Homebuyers will love the luxury and convenience of this home feature.
10. Bonus Room
A bonus room, such as a home office, playroom or man cave, can be a great way to add value to your home. Homebuyers will appreciate having an extra room to use for whatever purpose they choose.
11. Hiring a Realtor
Another great way to add value is by hiring a realtor. The best realtor will be able to give you relevant advice about the best ways to sell your home for top dollar. Remember that the best realtor for you is one who has a record of helping people sell their homes for top dollar. You can find reviews online, but you should also ask friends and family members if they have any recommendations. Hiring the best realtor will not only help ensure that your home sells fast, but it will also help to get you the best price possible.
When preparing your home for sale, you need to make sure that it appeals to potential buyers. The best way to do this is by staging the home. This involves removing personal items from home and making it look as open and spacious as possible. Adding a few pieces of furniture can also help make the space seem larger.
Adding value to your home doesn’t have to be a costly home renovation project. By completing home improvement projects, home buyers will appreciate the updated features you’ve included and are more likely to pay more for your home.