Buying a house is a huge milestone for many people, whether they see it as an emotional experience or a financial investment. Over time, the value of your house will increase, depending on several factors like its location and the state of the housing market. You can also increase the value of your home by taking a few steps to upgrade it. These can make your house more appealing to prospective buyers, thus increasing the selling price. Even if you are not looking to sell your house in the near future, these upgrades can ensure its value keeps going up.
When determining upgrades for your home, base your decisions on your future plans. The upgrades that will increase the property’s value to you are different from the upgrades that will fetch you a higher selling price on the market. You also need to evaluate if the money you will be spending on the upgrades will be recovered by the increase in the selling price or not.
So here are a few steps you can take to add value to your house.
1. Decluttering and Redecorating
Too much furniture and clutter can make even the biggest spaces feel small and cramped. When you have been living in a space for some time, you fail to realize just how much stuff you have accumulated over the years. This stuff can end up concealing the beauty of your home when you are getting it appraised for sale.
It is a good idea to deep clean your home before showing it to anyone. Store your extra furniture in storage facilities like storage units Houston if you’re in Texas, and donate what you don’t need anymore. Redecorate the place, but don’t add any personal touches. All your décor choices should be neutral, so nothing clashes with a buyer’s individual taste.
2. A fresh coat of paint
Houses can naturally start looking a little worn after a few years. A fresh coat of paint is a quick fix that can make your house look anew.
Repaint the walls in neutral colors, making sure to avoid any bold choices. Also, paint windows and doors to give your house a completely new look. This will make it appear more contemporary to buyers and get you a terrific response.
3. A new garage door
A garage door may not seem like an important feature of the house, but an upgraded model can help boost the value of your property.
Wood is traditionally the favorite material for garage doors, although it does not fare well over time. You can choose more durable options like aluminum and steel. Composite materials are an excellent choice because you can get a garage door that looks like it is made of wood but is actually better and will last longer. Other things to consider apart from durability are thermal insulation and energy-saving glazed finish.
4. Remodel your kitchen
This is one of the more expensive home improvements you can make, but you will likely recoup all the money when you sell the property. This is because kitchens and bathrooms are used the most during waking hours. Improving kitchens adds the most value to your house.
Look for trending kitchen remodel ideas and decide on a neutral theme. Get new energy-saving appliances and update the cabinets. Install a new sink and update the flooring to match the theme of your remodeled kitchen. If you don’t want to spend a lot of money, you can just change the countertops to give your kitchen a brand-new look.
5. Remodel your bathroom
Spacious walk-in showers are the new must-haves in the housing market that people prefer over tubs. Floor-to-ceiling steam showers are also very in demand. This is another expensive way that is guaranteed to increase the value of your home because kitchens and bathrooms are the places that people look at first when buying a new house. However, if you have only one or two bathrooms in a house with a higher number of bedrooms, you should add a new bathroom instead of remodeling your existing ones.
People prefer more bathrooms in their house over only one or two, no matter how modern and upgraded they are.
6. Eco-friendly updates
Energy-saving upgrades are not only good for the environment, but they are also very likely to fetch you a good price for your house. The most basic change you can make is installing energy-efficient LED bulbs; take it one step further by making the lighting smart so it automatically switches off when a room is not in use and can be controlled by an app.
Install double-glazed windows if you live in a colder area, so your house stays warmer for longer periods. Switch to eco-friendly appliances that are smart and use less energy.
7. A beautiful front yard
Your front yard is what people first see when they come to view your property, and it’s true what they say about first impressions being the last. Hence, it is a good idea to beautify your front yard by planting different flowers that bloom at different times.
This way, your front garden will have flowers of different colors and give off different smells year round. Simply removing weeds, mowing the lawn, and trimming any overgrown shrubs can go a long way in improving your home’s curb appeal.
It is a good idea to keep updating and improving your house to add to its value, whether you plan to sell in the future or not. You can improve its look by manicuring your front lawn and adding a fresh coat of paint to your walls, windows, and doors.
Declutter and redecorate your house in neutral tones to appeal to a larger audience. Remodel your bathrooms and kitchen as these are the rooms that buyers are most interested in. Make eco-friendly changes that are good for the environment and also help homeowners save money on utilities. Making even the smallest upgrade can make your house more appealing to buyers and increase its selling price.
- About the Author
Alex Grigoryan is a Professional Home Improvement and Lifestyle Writer. He has been in the industry for over 6 years and has been writing for Chique Home Living since 2019. His work has been featured in prestigious blogs such as Spruce Home, Better Homes & Garden, and more.