Home Improvement: 5 Tips for Adding Value to Your Property
If you’re looking to add value to your property, there are a few tips that you should consider. First off, you need to make sure you’re investing your time and energy in the right places. Here are five essential home improvement tips for increasing the value of your property:
1. Curb Appeal
The initial aura of your home is essential; therefore, investing in exterior landscaping details can boost the value of your property. Intelligence pays off when selecting what plants to plant in your garden. Additionally, boost your curb appeal with a coat of paint and new windows. It goes without saying that you want the entrance to your home to be inviting, and when you spruce it up you will be sure to increase the value of your home.
2. Kitchen Refresh
Kitchens today are busy and bustling hubs of activity. Keeping this space updated is a must if you want to add value to your property. Change out the appliances, re-stain the cupboards, replace old, outdated counter tops with modern ones. Cooking is a necessary and desired activity in many recreations of home life, so do not overlook investing in your kitchen because of its critical importance to the overall value of your property.
3. Lighten & Brighten
A home with well-lit rooms can positively influence its value. To garner a higher sale price, look to open up spaces and make the rooms look bigger. Paint the walls a bright color, replace dingy curtains with bright treatments, and hang a number of mirrors to make the rooms look larger than they are.
4. Big Bang for Your Buck
When making improvements, you should also calculate the return on investment. Adding a pool to your property may seem like a great idea, but if you’re not planning on staying long, this money won’t get you any return on your initial outlay. Instead, focus on smaller projects that will give the most return in your local market.
5. Update Bathrooms
This tip goes hand-in-hand with updating your kitchen. Potential buyers are looking for updated, modern bathrooms spacious on amenities. Clean grout, install eco-friendly fixtures, and update the design. Doing so will create an attractive and new look in an otherwise tedious space.
6. Make it Energy Efficient
Energy-efficiency and sustainability have become buzzwords of late, and they are not something to overlook when making improvements to your property. Investing in new windows, insulation and EnergyStar appliances will increase the value of your home while earning you tax breaks.
7. Declutter
The buyer wants to envision their lives in your home, and the less clutter they see, the better. Let them see the potential of the space you have offered. Paint a vision of opportunity and the home improvements you have made in your house and let the buyer purchase into the narrative.
8. Eco-Friendly Flooring Options
Aside from kitchen and bathroom updates, buyers are also looking further into eco-friendly flooring options. Bamboo and bamboo-tex flooring have been strongly rising in popularity in recent years. But not all eco-friendly material is created equal, and there are a number of sustainability and safety considerations that homeowners must look into when shopping for bamboo flooring and other eco-friendly flooring selections.
9. Invest In Smart Technology
Smart technology is rapidly overtaking the home improvement industry. Home automation has drastically changed, and it’s up to homeowners to adopt these changes if they want to add value to their property. From automated temperature controls and lighting to voice-activated assistant devices, investing in smart technology can really help add value to a property.
10. Add a Home Office
The Covid pandemic has drastically changed the way we work, and many of us are now spending more time at home than ever before. Adding a home office to a property can be a great way to increase the value of the property, as this gives potential buyers the perfect space to do their work.
11. Get Creative with Your Outdoor Space
Having an attractive outdoor living space can be a huge selling point for potential buyers. Adding built-in seating areas, water features, attractive planters filled with colorful blooms and other unique touches can help to make the outdoor space an attractive and inviting place for potential buyers.
12. Consider Repurposing Your Basement
Basements naturally have a damp, unattractive feel to them, so it’s important to consider how you can repurpose this space in order to make it more attractive. Consider adding kitchenettes, space for home gyms, or turning part of the space into a mini-theater or home arcade – all of these features can help to drive up the value of your property.