The Ultimate Guide to Making Your Home Increase in Value
Making your home increase in value does not have to be a challenge. Check out this guide here on what you can do to make your home worth more.
You’ve done it. You’ve found the perfect home. The windows open just right, the doors have perfect lines, and your mind daydreams about everything you can do with all that yard space. Only one problem remains, however. That problem is selling your current house. To afford the mortgage on the new one, you’re no doubt going to require a great selling price on your current home. But you don’t feel as if your house commands enough value to be sold on the market at that kind of price.
If you’re struggling to think of ways you could be making your home value increase, then you’re in the right place. In this article, we’ll provide you with a complete guide to improving the condition of your home so that it gets the best possible price when you list it on the market.
Repair the Foundation
Something that good real estate agents will ask about when listing your house on the market is the foundation. A solid foundation is obviously crucial to a house’s integrity. However, because no one sees the foundation once it’s laid, many homeowners forget to make this improvement to increase their home’s value. This simple fix can reassure potential buyers of the integrity of your home in the long-term. And don’t think that foundation repair solutions will be hard to find on the market either. There are plenty of services out there that do exactly that type of thing.
Consider your budget. Foundation repair solutions aren’t necessarily the most expensive improvement you’ll make to your house, but at the same time, they aren’t the cheapest. After all, it takes quite a bit of doing to get down there and solidify things without creating massive crates in your front yard. Leave it to the professionals to do a good job, though. Remember the old proverb: you get what you pay for.
Improve Energy Efficiency
Making your home more energy efficient accomplishes your goal of increasing home value in two ways.
Firstly, the improvement in energy efficiency means that the house will use less energy to maintain itself, resulting in lower power bills for the next owner. That’s always a big plus for a prospective buyer.
Second, making an effort to improve energy efficiency signals to the market that you are the kind of homeowner that cares about the environment. As the world continues to shift towards more and more environmentally friendly solutions for everything, your house will garner more interest from the more environmentally conscious among us. And because those people are willing to pay more for a house that is cognizant of the environment, you could be walking away having sold at a much heftier price tag.
Making your house more energy efficient isn’t even necessarily very hard. Sure, some things will be out of the scope of your skillset and require professional help, but there is also a lot of low-hanging fruit that you can start implementing right away. This includes better insulation around your windows, installing low-flow showerheads, replacing incandescent light bulbs with high wattage, and much more.
Add Smart Home Features
Turn the television on for an hour, and I guarantee you that there’s no way that you’ll have made it out without seeing at least one advertisement on a smart home feature. Whether it’s a voice-activated thermostat you can control from your home, a video-camera doorbell that allows you to see who’s knocking at your door on your phone, or motion-sensing lights, smart homes are most definitely in.
A home that has smart home features holds the “cool” factor over all of the houses on the market. As people begin to value convenient tech more and more in their daily life, this is a surefire way to add value after only a few simple modifications.
In the grand scheme of things, investing in smart home features isn’t even a lot of expenses, especially considering the return you’ll get in the form of a higher price tag. What’s more, you get to enjoy those features for the time that you may still live in the house before you move! Once you start living with it, you won’t be able to live without it. Before you know, your new home will have all the smart features as well.
Make it More Presentable
This last tip is obvious, but it certainly bears repeating. The better a house looks, the greater its value will be. This is also my favorite tip because of how inexpensive it is. All you need to make your house more presentable is some elbow grease. Take the time to do a real deep clean all around the house. Make it sparkle and smell amazing, and the second prospective buyers walk in they’ll be enamored with the place.
Clean out the garage, mow the lawn, put some flowers in the garden. All of these things are very inexpensive additions that take no more than an afternoon or two to implement No professional help necessary. Once all that’s done, make sure to get your house staged professionally. A professional stager will have significant interior design experience, and they’ll make your place look extremely homey and appealing to your prospective buyers.
If you’re unfamiliar with the term, staging a house is essentially the process of setting it up with the typical furniture that one would have if one was already living in the home, and arranging everything to perfection. This enables prospective buyers to better visualize themselves living in the house, making it more likely that they’ll make an offer on the house.
It’s worth the time and money to invest in making your home a better value. Once you see the additional dollar bills come into your bank account from the higher selling price, you’ll know how much it was worth it. For more lifestyle and home improvement advice, make sure to check out the rest of the articles on the website!