Owning a home is usually one of the major decisions you will ever make. But after buying it, you will need to maintain it, which comes at a slightly high cost. Increasing the value of your home will help you reduce your maintenance costs and save up more on repaying your mortgage. Also, increasing your home value leads to a higher resale rate. Read on to find out how you can easily increase the value of your home.
Moving to smart devices
Smart devices like a thermostat allow you to control your HVAC remotely. Other smart devices include fire and smoke detectors, security cameras, door locks, and carbon monoxide detectors. Having smart devices notifies you immediately when something unusual happens. However, not all smart devices increase home value, attracting buyers to choose that option.
Remodeling your kitchen and bathroom
Well-put kitchens and bathrooms attract home buyers more to purchase that house. Have good finishes in your kitchen and bathroom. Renovations in these areas will give a 100% return on your investment. Buyers use the kitchen as the central feature. Therefore the kitchen model accounts largely for their decision to purchase a house. The kitchen might need modern appliances such as wine refrigerators, drawer-style dishwashers and microwaves, and hidden outlets. Your bathroom improves with plumbing fixtures, modern sinks, and table tops.
Upgrading to solar energy
Solar energy is energy efficient, saving utility bills while positively impacting the environment. A good solar energy contractor?will make your installation more manageable and affordable because they can cover costs associated with permitting and engineering. Solar energy reduces carbon footprint, and you can claim a 30% tax credit from the federal government.
Increasing square footage
The major feature of valuing the price of a house is the square feet covered. You can add square feet by utilizing unused space that can be converted into a room, adding an extra bathroom, or enlarging an existing room. Homes are priced by covered square feet; therefore, adding square footage increases your home value.
Improving your curb appeal
Exteriors matter, too, since it’s what you see first. As a homeowner, you should make sure that impression is made at first sight. Driveways should be power washed, windows cleaned, and keep the lawn mowed. Add plants to your landscape and repaint the front doors. Home exteriors should make a prospective buyer want to walk through the front door.
Improving your outdoor living space
The outdoor living space gives a perfect spot for home entertainment. Having a nice chilling space increases home value and also attracts buyers. People who like hosting people would highly settle for such a house. You can adjust it and still be within your budget. A backyard patio or a screened-in porch is good, especially when you need shade. Outdoor living spaces can also be advanced by having a small fridge and a built-in grill.
Replacing light fixtures
Lighting is a simple thing that can increase your home value. Warm light fixtures attract more customers since they are user-friendly. Choose designs that would match easily with any d?cor. You can replace light fixtures in the house’s interior and exterior.
Building a granny flat
A granny flat works well with families who live together. When there is space, adding a granny flat would increase the overall value when done right. A granny flat would also lower the personal cost of living. You could also generate income to pay off your mortgage.
Decluttering
With time you will find that most of the replaced items are still in the house. Decluttering your home creates more space and is more appealing. Remove old furniture you no longer use and make donations of closets and cabinets. Hiring professionals to declutter should not cost you that much.
Conclusion
To increase your home value, whether for sale or satisfaction, it is essential to list all the improvements required and make a budget. This will guide you in prioritizing what is important and how your spending should be.
As the editor of the blog, She curate insightful content that sparks curiosity and fosters learning. With a passion for storytelling and a keen eye for detail, she strive to bring diverse perspectives and engaging narratives to readers, ensuring every piece informs, inspires, and enriches.
