It is common knowledge that updating your home’s value can be beneficial in a variety of ways. However, finding a way to increase value that works for you can be easier said than done. On trend with Nip Tuck Remodeling’s 10th Anniversary, below are 10 ways to increase your home value.
1. Up-Level Your Home’s Attractiveness as a Whole
The number one thing you can do to increase home value is update the overall look of your home. If you are planning on selling, make sure your space’s aesthetic will be appealing throughout the next few years and for your target audience. Most importantly, do not cheap out! Invest in quality materials (like quartz, custom cabinetry, etc.) that will increase both your enjoyment of your home and it’s value.
Update the Front Entry
People will make their initial impressions about your home as soon as they walk through the front door. Make sure that the space has inviting lighting, the flooring works well with the staircase (if you have one) and remove any odd décor or clutter.
Add a Home Office
Now more than ever, people are working from home. Additionally, the majority of companies are deciding that telecommuting is here to stay. In order to keep up with the times, consider turning your spare room into a home office.
Focus on the Kitchen and Bathrooms
Oftentimes, the top rooms people look at when purchasing a home is the kitchen and bathrooms. Make sure that your kitchen is aesthetically pleasing, functional, and has updated appliances. Consider replacing the giant tub in you master bathroom with a walk-in shower or updating the cabinetry and faucets. These changes will make a huge difference when it comes to resale.
Update the Heart of the Home
Along the lines of updating your kitchen, ensure the main floor (the heart of the home) showcases continuity and is pleasant to look at. Updating the flooring, paint colors, doors, and hardware (eradicate the brass) will instantly be more eye appealing. Also, make the best use of your existing floorplan and consider making structural changes if need be.
Increase Your Home’s Efficiency
A more efficient home will save you a substantial amount of money while also being a great selling point. Thoroughly insulating your house, updating all of the light bulbs to LED, and replacing outdated appliances are a few suggestions.
Increase Your Home’s Functionality
With trending open floor plans and smarter ways to use space, more people have a lower tolerance for homes that do not functionally make sense. Increase your home’s functionality by ensuring the layout makes sense and focusing on the “flow” of the space. To add, declutter and add storage or make the most of whatever space you do have.
Increase the Size of Your Home
If you are in a position to do so, adding an addition to your home will definitely increase the value and resale appeal. The extra space could be used for a garage, home office, or even entertainment room.
Make Your Home “Smarter” with Technology
A home that is technologically up to date will both make your life easier and up your home’s value. Try implementing portable speakers, a smart thermostat, and security cameras/systems. You can even switch to smart lighting that controls the rooms dimming based on your mood.
Make sure the yard is both beautiful and presentable. Curb appeal and how your home looks from the street is your first chance to make a good impression. A home’s exterior needs to make a prospective buyer want to walk through the front door. Make sure existing landscaping is well-maintained. If your yard seems dull in comparison with your neighbors, consider planting flowers or repainting the front door. Also, consider adding a covered patio or outdoor entertainment area.
Depending on both your short-term and long-term plans, increasing your home’s value should be a prioritized every few years. Include the above tips and watch the value of your home rise.
