Are many things that can increase or decrease the value of your home, and some of those variables may be out of your control. For example, the value of your home can be impacted by the surrounding housing market itself.
There are plenty of home improvements that can be made that can add a significant amount to the value of your house, and this is where people generally tend to get started when they’re looking to improve their home’s value before they sell it. You may not be able to recoup the full cost of the enhancements that you make, but you’re going to make the house more marketable and that’s the goal.
Of course, the money that you invest into your home is still going to improve your quality of life, and from interior renovations to exterior renovations, there are plenty of options for you to choose from for where you get started. Let’s take a look at some of the ways that you can increase the value of your home.
- Clean it. Believe it or not, one of the easiest ways to improve the outside value and the inside value of your home is to give it a good declutter and clean. Beginning by decreasing the amount of stuff that’s in it and outside it can make it look better. Professional cleaners don’t cost too much money, and once you’ve invested in that, you’re going to take the job out of your own hands. You can save money, of course, by doing the work yourself, especially if you’ve got a lot of exterior clutter. But a gardener is going to be able to clear out all of the weeds and all of the overgrown trees and bushes in your garden, which is going to. Help to elevate the way that your home looks.
- Add more space. Homes are valued by the liveable square feet that they are based on. Adding a bathroom, a side room, or a Conservatory, for example, can increase the function of your home and add value. If you are adding something useful to the square footage of your home, you’re going to be able to improve the cost by a few $1000. Most homes don’t have a separate guest room or an ensuite, which means they’re adding one that can set you apart from the competition in your area. A butler’s pantry is going to be a highly attractive feature which is really going to improve the value of your home.
- Make your house more energy efficient. There are projects that you can invest in that will lower your utility bills and that can increase the value of your home at the same time. Installing smart thermostats, solar panels, and more can help to improve the efficiency of your home and save money overtime. The right thermostat is going to allow you to control the climate of your home from anywhere, which is why you should go smart when you upgrade for energy efficiency.
- Give it a fresh coat of paint. Even the most dated exterior and interior can look fresh and new with a new liquor paint. Repainting any odd rooms that have a weird colour scheme is a good place to begin if you ever allowed one of your children to paint their bedroom a bright orange, for example. Then changing that out with a fresh coat of paint is going to make a big difference to the way that your home is valued.
- Work on the curb appeal of your house. Power washing the driveway and mowing the lawn are a great start, but improving your curb appeal can make a big difference to the value of your house. Upgrading your landscape can also help you to go a long way, so think about upgrading with a local landscaping company. They can help you to design a whole new exterior of your home so that you can transform a plain front yard into something more of an Oasis.
- Upgrade your doors. Your front and your back doors can be upgraded for a small amount of money and it can transform the entire look of your home. Doing the front of the house is smart first because of the fact that people see the front door before they see anything else. Installing a modern glass panel door or a rustic wooden door can dramatically improve the appearance of your home and elevate the way that it looks to the outside world.
Upgrade the kitchen. It’s one of the smartest investments you can make when you want to improve the value of your house. The kitchen is the one area of the home that people will look at first to determine whether they want to rent it or buy it. People zero in on the kitchen because it’s the social hub of the house in which you live, so you want it to look good and be functional at the same time.
