Are you in the market to sell your home? Maybe you’re tired of your current location. Perhaps you need to upsize for a growing family or downsize for something smaller.
Whatever your motivation to sell, you know that you need to get the maximum value possible for your home. After all, the more you can get from your old home, the better your new home can be.
When you speak to a realtor, they’ll tell you what your home is worth as-is. We’re here to tell you how to increase home value before you try to list it. Here’s what you need to know.
Focus on Your Kitchen
Countless sources have stated it, but it bears repeating here: Your kitchen is the most important room in your entire home. In fact, many homebuyers choose to purchase or pass over a home on the basis of a kitchen alone.
So, your highest priority in readying your home for sale should be updating your kitchen. Finishes, appliances, cabinets, all of it. If your kitchen is small, find ways to maximize its space or expand it if you can.
Some other small ways to make your kitchen look better may include updating the cabinet fixtures, adding a backsplash, and updating the countertops.
Bathrooms Make a Difference
Second only to the kitchen, your bathrooms can make or break your home’s value. If you’re wondering how to increase home value once you’ve updated the kitchen, the bathrooms are your next stop.
You should do what you can to upgrade your fixtures and your lighting. If your bathtub looks scuffed up, you should invest the time and money to fix it and make it worthy of lounging in.
You might also consider switching out your flooring to tile if you can afford it, as people prefer it to vinyl or other bathroom flooring options.
Enhance Your Curb Appeal
Your home’s curb appeal is key to its success. If your home doesn’t appeal to buyers from their first impression, they aren’t likely to look inside and see what it has to offer.
You can upgrade your home’s curb appeal by giving it a fresh coat of paint and sprucing up the yard. If you want to join the host of real estate success stories like those listed at https://darrylspeaks.com, you’ll need to give your house the best exterior that you can afford.
Some other ways to enhance your home’s curb appeal might include adding a pool, a deck, a porch, or any other kind of outdoor seating arrangement.
Increase Your Energy Efficiency
Wondering how to increase home value when potential buyers value clean energy and the environment above all else? Increasing your home’s energy efficiency is a surefire way, especially if your house is on the older side.
Older homes often have windows and doors that let the air escape, wasting energy and raising utility bills. You can also upgrade the siding and insulation to improve energy efficiency and purchase more efficient lightbulbs and appliances. Yet another option is to invest in solar panels.
By taking these steps, you increase your home’s value to customers looking to save money on their energy bills.
Increase Your Square Footage
Square footage sells homes. People like having extra space in their homes, no matter where it comes from. Some ways that you can increase your home’s useable square footage may include:
- A finished basement or attic
- An accessory dwelling unit
- Adding a master suite to the bedroom
- Adding an additional bathroom
- Opening the floorplan of the living room
By taking these steps, you increase the amount of space your home has to offer potential buyers. This type of home renovation may prove expensive, but you can more than recoup your initial investment.
Update Your Appliances for the Modern World
Let’s face it: No one wants to buy a house with appliances that look at home in the nineties. Not only do they not look good, but they run the risk of breaking down on the new homeowners.
By updating your appliances, especially in your kitchen, to current features and finishes, you save new homebuyers a hefty investment. Some appliances that it might behoove you to upgrade include:
- The oven and microwave
- The dishwasher (which would also be good to add if it doesn’t exist)
- The washer and dryer
- The refrigerator
Not only will upgrading these appliances increase your home’s value. They’ll also increase their energy efficiency, as modern appliances often have more efficient technology than older ones.
Smart Homes Boost Sale Prices
Do you want to bring your home into the modern era? If you’re still wondering how to increase home value for people who want technology above all else, adding smart elements to the home can help you. If you want to make your home a smart home for its next buyer, you might consider adding:
- Smart thermostats to help control utility costs
- Smart cameras and locks to increase home security
- Smart lighting systems to reduce electricity bills
- Smart fire alarms and carbon monoxide detectors for safety
By adding this technology to your home, you prove that you’re dedicated to the latest advancements in home security and technology.
Clean Any Rough Spots
Let’s face it: No one wants to buy a dirty home. So, if you want to increase your home’s value, you need to ensure all potential dirty and problematic spots get a thorough cleaning.
You should also use your home appraisal to find any potential health risks. No homebuyer wants to risk the health and safety of themselves or their families.
How to Increase Home Value: Let’s Review
If you’re wondering how to increase home value, let’s review the steps.
Focus your money on the kitchen, the bathroom, and the home’s curb appeal first. Then, upgrade appliances and technology as much as you can. Lastly, if there are any dirty or potentially dangerous places in the home, make sure they’re cleaned thoroughly.
Looking for more tips to help you increase your home’s resale value? Then check out our blog each day for more helpful articles like this!