Whether you want to sell your home or just make some small upgrades, there are many ways to boost its value. For first-time homebuyers, it may be difficult to spend the time and money necessary to undergo a full-scale renovation. However, even small changes to your home can increase its value and appeal to potential buyers. Here are some ways to make these improvements:
Improve curb appeal
The first thing a potential buyer sees when they come to look at your home is the curb appeal. This can make or break a sale, depending on how attractive the home looks from the outside. During the home buying process, 90% of potential buyers begin their search online. That means you need to take appealing pictures of your home to increase its online presence. Remove clutter and fix any visible damage. Here are some simple ways to improve your curb appeal.
Add a room
Adding a room to your home can increase its value, but it can also cost a lot of money. Moreover, it may not add much resale value. Many homes come with unfinished space, such as a basement or attic. Finishing the unfinished space can not only increase your living space, but also increase your home’s value. Here are some ways to add a room to your home to increase its value:
Replace a garage door
Replacing your garage door can have a number of benefits for your home’s value. Besides improving your overall safety and comfort, it can also increase the curb appeal of your home. A worn-out garage door can detract from the appearance of your house and may even be unsafe. A brand new door will also improve energy efficiency and reduce energy costs. This project is not only a practical decision for the sake of your home’s aesthetic appeal, but it can also be an excellent investment.
Repaint interior
If you’re considering selling your home, repainting the interior of your home is a great way to increase its sale value. Repainting the interior walls can help hide dents and scuffs, as well as trafficked areas. It can make your home look well-maintained and less work for potential buyers. Here are some tips to consider when repainting the interior of your home.
Remodel a bathroom or kitchen
A remodeling project can add a significant amount to the value of your home. Bathrooms and kitchens, in particular, can add a lot to the overall appearance of your home. The average return on investment for a midrange kitchen remodel is 80%, while upscale projects can return as much as 63% of the cost. If you want to avoid low-ball offers from buyers, consider a midrange kitchen or bathroom remodeling project.
Add a laundry room
Adding a laundry room to your home can add significant value. Adding one of these rooms to your home will allow you to keep cleaning materials and appliances out of the main living areas of your home. Make sure to add direct access to the outside of the house, where you can hang your laundry on a line to save energy. Whether you decide to sell your home or keep it, adding a laundry room is a great investment for any home.
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