7 Ways to Add Value to Your Home

Posted On Friday, 17 February 2023 17:25

If you're thinking about selling your house soon, you're probably wondering how you can increase the market value. You can do many things to increase home value, from a fresh coat of paint, installing brand-new windows, or a totally new renovation. 

Let's take a look at some of the best and trendiest ways to increase home value.

Update the Interior

Most people immediately think of interior design when considering adding value to their home. People love amenities, energy-efficient appliances, and inventive design. Additionally, this can really improve a home's aesthetic, increase home value, and is cheaper than an entire remodel. And there's no limit to how much you can do to update your home! 

From sprucing up a cabinet with some fresh paint or installing new lighting fixtures, what you add to your home can really improve your chances of selling. You can hire an interior designer to help you style your home, ask your realtor for their opinions on what you should add, or even do a little searching online for some inspiration! 

Spruce Up the Exterior & Landscaping

Real estate agents will always talk to you about adding to the house's curb appeal and how vital it is to sell it quickly at a reasonable price. A home's exterior and the landscaping surrounding it is one of the first things a potential buyer sees before stepping inside; it can make or break a sale.

Many people will not buy a house if the outside and surrounding property look like it will need expensive repair. Remember to take extra consideration for often overlooked aspects of your lawn. There are easy and inexpensive ways to do so, such as:

  • Mend wood rot
  • No bare grass spots
  • Fix any peeling paint
  • Add mulch where necessary
  • Fix any cracks in the concrete
  • Clear your gutters of any debris
  • Ensure your front door is in good shape
  • No dead, wilted, or dry plants, shrubs, or trees
  • Clean the windows inside and out and ensure no screens or blinds are damaged

 

Ensuring all of these are in good standing will quickly add to the curb appeal of your home.

Make Your Home Energy Efficient

Energy-efficient windows, lights, and other household fixtures are becoming the new norm as it becomes more and more important to people when choosing a home. This makes them a worthwhile investment if you're looking to increase home value by putting it on the market or even just for a new addition to your forever home.

Energy-efficient windows, doors, and lighting are not only a great way to reduce your carbon footprint but can save you money on monthly energy bills. It may even help you get a tax break!

There are many eco-friendly, energy-efficient options out there for you to choose from, like smart technology, Energy-Star rated appliances, and thermally broken steel doors and windows. You have many options to choose from for whatever fits your aesthetic.

Install New Windows & Doors

Upgrading or replacing your windows and doors is another way to increase home value. First impressions mean everything when buying a home, and the windows and front door of a house are the first thing people notice.

Not only are there energy-efficient options available, but there are so many styles, colors, and designs out there; you're sure to find something that will fit the unique aesthetic you have in mind.

Do you want a traditional wooden front door with a lot of character that gives your home a cozy cottage vibe? Or are you looking for a more modern, sleek look like you'd get with thermally broken custom steel doors and windows? Whatever your aesthetic goal, upgrading your windows and doors is the fastest way to add a lot of value while giving your home a brand new look.

When choosing new doors and windows, keep in mind the climate you live in. Aim to buy windows and doors that hold in warm and cool air accordingly so that you don't end up paying more on energy bills.

Update Your Kitchen & Bathroom

Kitchen and bathroom remodeling is a common way to add value to a home. You can do so many things to improve a kitchen or bathroom when you want to increase home value; installing smart technology devices, redoing a shower or bathtub, or even just a new countertop or backsplash can be great additions.

If you're planning on renovating to increase home value to put a house on the market, consider the latest trends. That way, you can determine what is worth investing in to get more bang for your buck with a more significant ROI when you do find a buyer. 

However, keep in mind that a house and new renovation is only as good as its structure. If the home being renovated is old, it most likely has old plumbing. So it's a very worthwhile investment to update your plumbing too. Believe it or not, buyers do check, and outdated plumbing can be a major deal-breaker.

Focus on Maintenance and Repairs

In addition to ensuring your plumbing is updated and free of potential issues, in order to increase home value, your house has to be in good shape. Potential buyers don't want to purchase a place that's run down or will cost them out-of-pocket costs to fix. 

Whether or not you're planning to sell the home, keep up with routine preventative maintenance and fix all problems you know already exist. Keep a record of all repairs, installations, and any service done to any part of the house so that you have the answers and proof needed for potential buyers' questions. 

The more up-to-date and in good shape the house is, the more money you're going to get on a purchase. If you're not planning to sell just yet, regular maintenance helps find and solve problems before they become major headaches and need expensive repairs.

Add a Wine Room

If you want to add a bit of luxury to your home or want to really entice potential buyers, consider adding a wine room or closet.

If you don't have a free room to do so, you can still add a wine room. Take any existing room and add on extension using interior custom glass windows and doors to keep wine at the optimal temperature for preservation.

Additionally, wine cellars can be customized to fit any design, including aesthetically pleasing lighting and spacious wine racks.

If you want to go a step further and have the space, consider adding dining and lounging furniture, like tables and chairs, to turn the cellar into a glamorous entertainment space.

There are so many ways to increase home value. Just make sure you communicate with your realtor if you're selling the house and research what's trending in the market and with home buyers. Then, find the best ones for your budget and aesthetic goals, and you'll sell the house in no time at all.

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