Home-Value Increasing Tips for Homeowners

Buying a house is a big accomplishment. Moreover, it is an investment you can enjoy for years to come. You can increase the value of your home by making upgrades and changes. Taking regular mortgage payments over the long run can build equity in your home, but these are only long-term investments.

Even if you’re not planning to sell your home in the near future, you can find inexpensive upgrades that will increase the home’s value over time. The following tips will help boost your home’s value and increase the return on your investment.

Consider upgrades that are popular among today’s buyers if you plan to sell in the near future. A stainless steel appliance and/or quartz countertop may be considered a better finish for the kitchen, rather than finishings that might not drive as much interest.

Keeping upgrade costs low can also be achieved by selecting smaller finishes. Think about replacing brass door knobs with brushed nickel materials or switching yellow incandescent bulbs with LEDs.

  • Make your home energy-efficient.

Modern homebuyers emphasize eco-friendly features both because they are concerned about the environment and because energy efficiency can help them save money. 

Upgrade your in-home appliances, such as your microwave and furnace, to save money on electric and gas bills.

Alternatively, you might want to upgrade to an efficient smart thermostat. For as long as you reside in the home, a thermostat like this will save you money on your utility bill.

  • Improve your front landscaping.

First impressions matter when selling a home, which is why real estate agents refer to “curb appeal.” Modest landscaping and other exterior improvements can increase your home’s value to both appraisers and buyers.

  • Kitchen and bathroom upgrades are smart investments.

In most cases, buyers are most attracted to a house’s kitchen and bathroom. Furthermore, as appliances, finishes, and other decor become out of fashion, they’re the first parts of your interior to become dated.

Upgrades to kitchens and bathrooms are an excellent way to invest your money. The bathroom is an excellent space to upgrade and renovate financially – especially if you are adding a brand-new bath or expanding an existing one.

  • Increase the finished area of your building.

A relatively low-cost way to increase the value of your home is to finish your basement or unfinished areas.

As an example, you could add over 100 square feet to the footprint of your home by building a basement bedroom in an unfinished space while improving its value at the same time.

A lot of homes are priced based on their square footage multiplied by that similar rate in your neighborhood, so increasing this amount will likely increase your selling price.

  • Paint over rough spots.

Do you notice any signs of wear in or around your home? DIY paint jobs are relatively inexpensive but can have a significant impact on the look of your home.

The right color can transform old surfaces into brand new ones, bringing some instant charm to your home. This is true for living rooms, bedrooms, and even just the front door. You can contact swish home improvements for more information.

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