Are you looking to sell your home in the near future? If so, you’ll want to make sure that it’s in its best possible condition. One of the best ways to increase your home’s value is by making some simple upgrades and improvements. In this blog post, we will discuss some of the best ways to increase your home’s value before you put it on the market. So whether you’re planning on selling soon or not, read on for some valuable tips!
9 Ways to Increase Your Home’s Value
As we mentioned above, making small upgrades and improvements to your home can go a long way in increasing its value. Here are a few ways you can increase your home’s value!
Add Usable Square Footage
Adding more usable space to an already existing home is a great way to increase its value. This could be in the form of finishing a basement, attic, or garage. If you have an unfinished space in your home, consider finishing it and adding it to your home’s living area!
Homes are valued by the amount of livable square footage they contain. The more livable square feet a home has, the higher its value will be. Therefore, adding an extra bathroom, great room, or another needed space to a home can increase both its function and value.
Adding a mother-in-law suite is also a great idea because most homes do not have this feature. Thus making your home stand out among others when you’re ready to sell.
HomeAdvisor’s estimates show that the national average cost to build an addition is $49,562; though, like anything else, the actual cost varies depending on what type of room you want to add. For example, including a laundry room might only be around $8,000, while adding a new bedroom with an attached bathroom could reach up to $100,000.
Clean and Declutter
You might not think that decluttering your home would increase its value, but it actually can! Having a clean and decluttered home makes it appear larger, more spacious, and well-maintained. This is especially important if you’re trying to sell your home as potential buyers will want to see a clean slate that they can imagine making their own.
Start by decluttering each room in your home and getting rid of anything you don’t need or use anymore. Once you’ve decluttered, give your home a good deep clean from top to bottom. This includes cleaning carpets, windows, and dusting all surfaces. You might even want to consider hiring a professional cleaning company to do a deep cleaning of your home before putting it on the market.
Increase Your Home’s Value With Fresh Paint
One of the quickest and easiest ways to increase your home’s value is with a fresh coat of paint. This is especially true if your home’s current paint job is looking tired, faded, or outdated. When choosing a new color scheme, be sure to select neutral colors that will appeal to a wide range of potential buyers.
Not only will fresh paint increase your home’s value, but it will also make it more appealing to potential buyers. This is because a fresh coat of paint makes a home look well-maintained and cared for. Plus, it gives buyers the impression that they won’t have to do any work to the home once they move in.
A fresh coat of paint is one of the most cost-effective ways to increase your home’s value. The national average cost to paint a home is $2400, but this will vary depending on the size of your home and the type of paint you choose.
Update Your Home’s Hardware
Another simple and inexpensive way to increase your home’s value is to update its hardware. This includes door handles, drawer pulls, light fixtures, and any other type of hardware in your home. By updating these items, you can give your home an instant facelift that makes it look more modern and well-maintained.
Like paint, updated hardware is also a great way to make your home more appealing to potential buyers. This is because it shows that you’ve taken care of your home and kept it up-to-date with the latest trends.
Updating your home’s hardware is a relatively inexpensive way to increase its value. For example, replacing all the door handles in a typical three-bedroom home will cost around $300.
Upgrade Your Exterior Doors
Your home’s exterior doors play a vital role in its overall curb appeal. This is because they’re one of the first things that potential buyers will see when they pull up to your home. Therefore, it’s important to make sure that your exterior doors are in good condition and look their best.
If your exterior doors are old or outdated, then consider replacing them with new ones. This is a great way to increase your home’s value and make it more appealing to potential buyers. Plus, it’s a relatively inexpensive upgrade that you can do yourself in just a few hours.
The average cost to replace an exterior door is $1000, but this will vary depending on the size and style of door you choose.
Another great way to increase your home’s value is to add landscaping. This can include anything from planting new flowers and shrubs to adding a stone path or wooden deck. Not only will landscaping increase your home’s value, but it will also make it more appealing to potential buyers.
When adding landscaping, be sure to choose plants that are native to your area. This is because they’ll be more resistant to pests and diseases, which means they’ll require less maintenance. Also, be sure to select plants that will thrive in the climate where you live.
The cost of landscaping will vary depending on the size of your project and the type of plants you choose. However, even a small landscaping project can increase your home’s value by several thousand dollars.
Increase Your Home’s Value By Updating Your Kitchen
One of the best ways to increase your home’s value is by updating your kitchen. This can include anything from painting the walls to installing new cabinets and countertops. If you’re on a tight budget, then you can even just replace the hardware on your cabinets and drawers.
Updating your kitchen is a great way to increase your home’s value because it’s one of the most important rooms in the house. Potential buyers will often base their decision on whether or not to buy a home based on its kitchen. Therefore, it’s important to make sure that your kitchen is in tip-top shape before putting your home on the market.
Make Your Home Energy Efficient
One of the latest trends in home value is energy efficiency. This means that potential buyers are looking for homes that will save them money on their energy bills. Therefore, making your home more energy efficient is a great way to increase its value.
There are a number of ways to make your home more energy efficient, such as weatherstripping your doors and windows, installing energy-efficient appliances, and adding insulation to your walls and attic. These are all relatively inexpensive upgrades that can make a big difference in your home’s energy efficiency.
In addition to making your home more valuable, making it more energy efficient will also help you save money on your utility bills. Therefore, it’s a win-win for you and potential buyers.
Increase Your Home’s Value With Small Bathroom Updates
Another great way to increase your home’s value is by making small updates to your bathroom. This can include anything from painting the walls to replacing the fixtures. If you have a small budget, then you can even just replace the hardware on your cabinets and drawers.
Updating your bathroom is a great way to increase your home’s value because it’s one of the most important rooms in the house. Making small updates to your bathroom is a great way to increase its value without breaking the bank. Some small bathroom updates that you can do yourself include painting the walls, replacing the fixtures, and adding new hardware to your cabinets and drawers. These are all relatively inexpensive upgrades that can make a big difference in your bathroom’s appearance.
Stage Your Home
Our last tip on how to increase your home’s value is to take the time to have it staged. This means making sure that it’s clean and clutter-free and that all of the rooms are decorated in a way that is pleasing to the eye. Staging your home is a great way to increase its value because potential buyers will be able to see themselves living there. If your home is cluttered and messy, then they may not be able to see themselves living there and may be turned off by it.
As you can see, there are quite a few ways to increase your home’s value. So whether you are thinking about selling your home in the near future or just looking to put more into your home’s equity, these tips are sure to help. Just remember, the most important thing is to make sure that your home is in tip-top shape before putting it on the market, and we can help you do just that! Give us a call today to get started.