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Tech Daily Time > Business > How to Increase Home Value
Business

How to Increase Home Value

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Last updated: 2023/02/09 at 5:16 AM
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If you’re wondering how to increase your home’s value, this article is for you. In it, Falaya will discuss ways to curb appeal, improve your kitchen and bathrooms, add functional space, and paint your home. Once you’ve completed these projects, your home will look much more appealing and be more attractive to potential buyers. Keep reading to learn more! Until next time, happy home-staging! Just make sure to do it right!

Contents
Curb appealKitchen and Bathroom RemodelsPaintingAdding FeaturesMake Your Home More Energy Efficient

Curb appeal

Curb appeal plays a huge role in determining a home’s resale value. Potential buyers first judge homes based on their curb appeal, so improving curb appeal is crucial to selling a house. Whether you have a cracked front step or a cracked driveway, a well-maintained exterior will attract buyers and boost your home’s value. Listed below are several tips for increasing curb appeal.

A landscaping company or professional contractor can make a big difference in improving the curb appeal of your home. The benefits of adding curb appeal to a property can be significant and may even increase the final sale price. Adding an attractive front lawn, attractive flower beds, and attractive landscaping can increase a home’s value by as much as 7%. Whether you’re looking to sell your home or are planning to invest in a new property, an attractive front yard can help attract potential buyers and increase the final sale price.

Kitchen and Bathroom Remodels

Renovating your kitchen and bathroom can add value to your home. You can do this by updating cabinetry, replacing hardware, or replacing fixtures. New flooring, new cabinets, and upgraded appliances can be an inexpensive way to give these rooms an updated feel. In the bathroom, consider painting and refreshing the tile, replacing fixtures, or changing out the mirror. Regardless of which room you choose to remodel, it’s important to keep the price of the house in mind when planning your new design.

While ROI on renovation projects can vary greatly, you can expect to recoup most or all of your remodeling costs. A kitchen remodel, in particular, will increase the value of your home. Major kitchen improvements can yield 70 percent ROI on average. While ROI varies by region, some Flat Fee Real Estate Baton Rouge report positive returns on kitchen remodels. Whether you decide to renovate your kitchen or bath is ultimately up to you, but it’s worth considering.

Painting

Whether you’re planning to sell your home or simply want to improve the curb appeal, a fresh coat of paint will be a huge benefit. In addition to curb appeal, new paint can also increase home value. The right color can increase your home’s sale price by several thousand dollars. However, before painting your home, you should consider a few things. First, what color do you want to use? Remember, the right color depends on the size of your home. Choosing a neutral color will increase the value of your home, while painting a bolder color will raise the price.

While many people consider painting the exterior of their home an attractive way to make it more appealing to buyers, it’s also an important maintenance item. Painting your exterior will prevent moisture from damaging siding and mold. Keeping your exterior paint updated will extend the life of your siding, saving you thousands of dollars in repairs. In addition to improving your home’s curb appeal, painting the exterior of your home can help to increase its overall value.

Adding Features

A home may be marketed as having features to increase its value, but in reality, it may be lacking in these features. Many homeowners are confused by the difference between adding features to increase home value and making a renovation. While there is some truth in both arguments, these findings are limited to tests that examine the impact of particular features on a home’s sale price. Adding design features or new words to a listing does not ensure an increase or a decrease in sale price.

Make Your Home More Energy Efficient

Making your home more energy-efficient is an excellent way to boost its value and save money on monthly bills. Energy-efficient home improvements will also make your home more appealing to future buyers who want to save money and the environment. Many homebuyers will check energy performance certificates before viewing a property, so it’s worth it to invest in these features to sell your home at top dollar. Also, consider adding smart home technology like LED lights to increase your home’s value.

Find out more about second storey extensions check out Supa Group

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Admin May 18, 2022
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