TEN TIPS THAT WILL ADD VALUE TO YOUR HOME
Renovating doesn’t just make a better home for you and your family today, it adds a better equity position come resale time. A home that is in move-in condition will be the home that sells more quickly and for more money. This doesn’t mean it has to be the best house on the street, but it does mean that it needs to have curb appeal and be well-maintained. According to the award-winning team at Jackson & Associates, the following home improvements can produce the most amount of return come resale time.
- Make Simple Changes
Even the smallest changes will add value to your home. Something as simple as changing the hardware on your kitchen cabinets can change the entire look of the room. A tired kitchen can look modern by simply adding brushed chrome hardware.
Homebuyers are scared by outdated homes. To be frank, it isn't pleasant to walk into a house that looks amazing on the outside and see shag carpeting from the 1970s. If there are parts of your home that are outdated, spend time updating those features.
If you plan on selling your house sometime soon, you will need to paint in order to add value to your home. You may not want to paint a house you are moving out of, but it will add value to your home and homebuyers will enjoy seeing a fresh coat of paint. Make sure you use neutral colors.
- Increase Square Footage
Increasing the square footage of your home doesn't mean that you have to add on another room. In fact, you can increase the square footage of your home simply by finishing your attic or basement. The important thing is to take the space you have and make it useful.
- Improve Curb Appeal
Your home may look amazing on the inside. You may have just redone every room in the house, but the curb appeal of your home is dreadful. Sadly, many homebuyers will never make it past your driveway because of this. If you want to add value to your home, you must make the outside of your home as appealing as possible.
- Make Every Space Useable
If you want to add value to your home, you will need to make sure that every space is useable. There are several ways to do this. For example, if you have a closet under your stairway, you could turn that space into a pantry.
- New Flooring
Many homebuyers will not want to replace carpeting upon moving into their new home. If your carpet is stained or badly worn, you will need to change it. If you want to greatly increase the value of your home, you could add wood flooring.
- New Kitchen
This is usually the space where families spend most of their time. If your kitchen is in desperate need of a makeover, spend the money and have it re-done by a professional. This will add value to your home and increase the offers you receive when its time to sell.
- Add Second Bathroom
If you only have one bathroom in your home, you should really consider adding a second one. Homebuyers will want enough bathrooms to handle their family size. If your home has several bedrooms, you will want to have enough bathrooms to handle the needs of that many people.
- Replace Siding
A great way to add value to your home is to replace the siding. Cracked siding will not be attractive to homebuyers as they will want to purchase a home that is as attractive on the outside as it is on the inside.
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