Do you look at your home like as asset the way you’re supposed to? Do you think that you can just sit back and expect the market value of your home to go up? People often get it confused in this respect. You have to be proactive in making your home more valuable. You have to invest in your home, not wait for the general market to decide what it’s worth.
There are a few things you can keep at the front of your mind in order to get a general idea of some things you can do:
People value curb appeal
People value a home that’s energy efficient
People like a home that has the right lighting
People like updated fixtures and paint jobs
People like space in the areas that count
Keeping the above in mind here are 9 ways you can add value to your home:
Take care of any unsightly cosmetic problems – We’re talking about more than just paint jobs, but anything that from a pure cosmetic standpoint would look unappealing. Anything that looks too old, has stains on it that won’t come out, cracks, chips, etc.
Enhance the look of your lawn – Your front lawn is important not only in terms of curb appeal, but how others will look at how you value your home. If you don’t keep your lawn looking nice and add enhancements, then maybe this is a sign that you don’t take how other view your home seriously enough.
Make sure there are no pest problems – People overlook this, but pest problems can certainly diminish the value of a home. You want to take whatever measure you can to ensure there are no pest problems. This would include critters getting into your attic.
Refinish the basement in order to create more space – Basements that have been modeled to be fully utilized add a lot of value. Now it can cost a lot to do this, but it’s worth it. The space can be an extra room or just a recreational space, but buyers will certainly look at it favorably.
Consider making improvements to the attic – This is going to depend on where you live, but converting the attic into a living space or recreational space is also another great way to add value to a home. In certain areas you have to get special permission to make certain changes like this.
Speak with a professional – When we say professional we mean someone who is an expert in increasing the value of a home. It may be that you need some ideas and a professional can help you to generate some based on how they evaluate your home.
Put a quality water filtration system into your home – People value purified water these days now more than ever. We emphasize that it should be a high quality system, because you would want it to be the system a new owner wanted to keep.
Add important bathroom updates to your home – Some of these would include not just the bathtub or shower, but the method in which the water is delivered to these areas. There are complex systems out there that are really amazing, but are costly to install.
Add important kitchen updates to your home – The kitchen is going to be one of the key areas any potential buyer looks at. If the goal is to increase the value of your home, then everything in the kitchen has to be nice looking and updated. You might have to research what things to update, but some ideas are the sinks, kitchen counters as well as the flooring.