The process of adding value to your home might seem incredibly daunting – especially if you’re planning on selling it in the next year or so. But it doesn’t have to be – there are plenty of simple changes you can make to it that can immediately boost its value. Here are 5 tips to increase the value of your home.
No matter what your budget or your preference, there’s an upgrade out there that will fit you to a tee. To help guide you in the right direction, here are 5 examples of updates you can make to your home:
1. Update the Kitchen or Bathroom
This might sound like an obvious one, but it’s still worth mentioning – simply because of the fact that it can add thousands of dollars to your asking price. Whether you opt to update the kitchen or the bathroom (or a combination of the two) is up to you. But either way, it will be a change that’s bound to impress potential homebuyers.
Something that you can do yourself (e.g painting the cabinetry or adding tiles) or have a professional to do for you, you won’t regret this investment. Even if it seems expensive initially, the value it adds makes it more than worth it.
2. Work on its Curb Appeal
Curb appeal for a property that’s on sale is so important. The first thing that a house buyer sees when they turn the corner onto your street, you want your home to give off the best first impression possible. Therefore, you may want to consider upgrading your windows, giving your front door a makeover and treating your front yard to the TLC it deserves. A lovely exterior is a surefire way to increase the value of your home.
3. Change up the Flooring
If you really want to impress, consider changing up the flooring throughout your home. Whether this is investing in new carpet or switching it out for hardwood flooring (even if you’re wondering what is Solid Wood Flooring?), it will make all the difference to the look and feel of your home.
Plus, it will immediately add value as it’s a feature that homebuyers will undeniably be looking at when they come to view your property.
4. Add an Extension
There’s nothing more enticing than a house that has an abundance of space to play with. Something that sparks up inspiration the moment a house buyer walks into your property, it makes the house feel more flexible to them. So whether you opt to add an extension or simply make use of the rooms you already have (e.g converting your loft or basement), this extra space is bound to have them in awe (and of course, increase the value of your home).
5. Get Handy with the Paintbrush
If you’re looking for a more budget-friendly change, however, then why not get handy with the paintbrush and give the walls around your home a lick of paint. This update will completely refresh the look of it and is one that won’t cost you the world.
Just make sure that if you do this, you don’t choose too vibrant or quirky colors as they tend not to appeal to all tastes. Try and keep it neutral so that it will complement the rest of your decor.
So, there you go! Those are 5 simple ways you can increase the value of your home. What you do, of course, is up to you and what your preferences/budget is. But whatever changes you make, you’ll be one step closer to a bigger asking price!