Have you considered selling your home but are unsure if it will sell for the price you want? Are there any home improvements you can make? Of course, there are tons of them.
You can increase the value of your home by making certain improvements and upgrades and hiring professionals. Exactly what kind of upgrade are we referring to? That’s the main topic we’ll be discussing today.
10 Ways to Increase the Value of Your Home
Here are ten tips to help you make your property more valuable. With little time and effort, many of these makeovers are inexpensive and easy to accomplish. Other improvements require more planning and investment, but they may be worthwhile, depending on your home’s condition and style.
1. Paint
Painting your home is one of the easiest and most effective methods of increasing the value of your property. Your home will appear more appealing in photos and during showings by applying a fresh coat of paint to the interior rooms and doors.
If you have no experience with painting, it’s recommended that you hire a professional. Do not forget that you want to make your home more appealing to potential buyers so it can sell for a higher price!
2. Reduce Your Energy Costs
Many local utility companies offer their customers free energy audits of their homes to help them reduce their energy bills. Their expertise can help you enhance the energy efficiency of your home. Most of these audits likely address properly insulating your home and installing energy-efficient appliances such as water pumps, etc.
It is better to save money now so that you can invest it in other updates later and makes your home more marketable.
3. Boost Your Home’s Indoor Air Quality
The air quality is not solely determined by the weather conditions outside. Older carpets in your home may contain allergens and contaminants.
It is important to hire a professional company to perform an indoor air quality test to determine if these items need to be replaced. Consider tiles or laminate flooring as eco-friendly flooring options if your carpets require replacement.
As opposed to carpeting, hard flooring is easier to maintain, does not accumulate odors, provides a more updated appearance, and, in general, appeals to potential buyers.
4. Organize and Declutter
An excellent way to make your home more valuable is to clean it thoroughly and organize it before listing it. For some buyers, nothing is worse than walking into a house smelling like pets or believing that the house has been hoarded.
Take care of your belongings by cleaning them up, cleaning your carpet and flooring, and decluttering your home.
5. Give your Woodwork a Fresh Look
Woodwork, especially exterior woodwork, gets dull and dried over time, and a fresh varnish will rejuvenate it. Reviving the natural shine only requires a little effort and time. Your furniture, woodwork, cabinets, and trim will likely suffer visible damage if you own pets.
Patching holes or concealing scratches is possible with products such as stain-colored pencils, which are easy to apply. You may need to use a new coat of stain or sealer if the damage is severe. You can also sand and paint to create an entirely new appearance.
6. Kitchen Renovations
For buyers, the kitchen is of great importance since they will likely spend significant time preparing and eating meals there. If your kitchen cabinets, counters, and appliances are outdated, your home will be less likely to sell for the price it should be.
Install the latest kitchen appliances, and if you wish, replace the gas appliances with electric ones that are more efficient and environmentally friendly. The buyers will appreciate such changes.
However, before adding any kitchen renovations, ensure you have acp12 certificateissued from a Gas Safe registered engineer so your gas connection is secure. You don’t want to sell a house that has a faulty gas connection, as it may cause an accident in the future.
7. Change Worn-out Carpets or Rugs
Check out your home’s soft flooring. Has your carpet been stained, or are there stains on your area rugs? Nothing turns buyers off more than the notion that a home must be refinished immediately.
It would be ideal for replacing all the old rugs and carpets; however, due to a limited budget, it may not be possible. Start with the room with the most wear and tear; then, if your finances permit, you can move on to others.
8. Install Smart Home Technology
The market for new home features continues to expand as the years pass. By installing smart home technology, you can double your home value and give it a unique look.
You can install home security cameras, smart doorbells, power-efficient lights, and more. Find appliances that use AI and machine learning to reduce owner maintenance.
9. Build an Addition
If done correctly, adding to the property can increase its value dramatically. There are many possibilities for adding to your home, including a home office, gym, or a covered patio.
Don’t try to add square footage to your home without consulting an expert. The costs of these additions can be high, and if they are not properly planned, they won’t add as much value as expected.
10. Choose a Good Real Estate Agent to Represent You
Choosing the right real estate agent when listing and selling your home is important to maximize your sale proceeds. An experienced agent will discuss specific ways to increase the value of your home in the current market.
Additionally, they will bring in professionals who will stage and photograph your home to make it appear better on online listings. For the successful sale of your home, choosing the right agent is critical; therefore, be selective when making this choice.
Conclusion
Renovating an old home before selling it is a good idea to increase its purchase value, but make sure to do it on a limited budget. You don’t want to spend a tremendous amount on renovations and then get little in return for selling it.
Hopefully, this article gives you many ideas on what improvements you need to increase your home value. However, it’s always beneficial to consult with a realtor who can give you a better idea before you spend any money.
