While staging and listing your home for sale is complicated, you should ensure that your house gets the best price possible. Fortunately, homeowners can leverage several methods to increase property value, right from bathroom and kitchen remodel to landscaping and deck addition. One commonly overlooked method of increasing property value is ensuring that your home has enough storage space.
Most homeowners don’t realize how quickly they amass personal possessions over time. While modern families require a living space, they also need sufficient storage to avoid cluttering their spaces. Even though most have identified the benefits of hiring a professional organizer, some still struggle to maximize the available storage spaces.
Potential buyers will definitely consider the available storage space when buying their next property. More homebuyers have started monitoring storage trends available on the market, making this factor the second-most requested feature. Below are reasons why enough storage space, primarily through fitted cabinets, increases property value.
1. Improves the Appearance and Feel of the House
Properties without sufficient storage space outrightly appear cluttered. If your home lacks enough storage, adding cabinets should be part of your staging. Fitted cabinets and wardrobes are generally aesthetically pleasing and give the property a high-end appearance.
Ample storage spaces directly eliminate clutter, freeing the bedroom space, which appeals to potential buyers. For this reason, homebuyers can easily spend more money on properties with fitted wardrobes.
2. Improves Cleanliness of Your House
Properties with sufficient storage are free from clutter, making them always clean. Homeowners and potential homebuyers won’t have to struggle to move bulky furniture around for viewing. Fitted wardrobes and cabinets organize the house, as they perfectly store clothes and extra items, such as blankets and curtains. Potential buyers obviously prefer open and clean spaces.
3. Allows Potential Buyers to Reimagine Themselves in the Home
Homebuyers are more likely to purchase a property if they can imagine or picture themselves living in it. Unfortunately, this proves impossible if your space is cluttered and messy. Cabinets and other storage spaces will help the homeowner create a blank canvas that increases the potential buyers’ desire to move into the space. This increases the chance of making the sale.
Which are the Popular Storage Solutions?
Most homebuyers prefer homes with the following storage solutions:
- Smart storage options in the kitchen that accommodates equipment and utensils
- Walk-in closets
- Floating bathroom drawers
- Linen closets that accommodate toiletry and linen
- Pantries for food and equipment storage
- Dedicated utility or laundry rooms
- Work benches in the garage with shelves and pull-out cabinets for tools
- Extra cabinets in the garage to store clutter from other rooms
Endnote
Sufficient storage space is among the top priorities for condo and house buyers. Remodeling Magazine’s cost vs. value report found that renovating to add more organized storage spaces increases home value and the chances of being sold. You’ll be wrong to think that potential buyers will overlook your overstuffed closet with the presumption that you probably have more possessions.
While some might, most potential buyers will associate your cluttered wardrobe with a lack of sufficient space, a perception that negatively affects their future inhabitants and the cost of the property.
