If you want to improve your home’s resale value, you don’t actually have to invest tons of money in expensive renovations that may not even pay off in the end.
Actually, the key to boosting the value of your home lies in specific renovation practices that will prove to be worth a lot more than you may have originally thought. After all, these practices and projects present a much more important aspect of one’s home, and potential future owners will definitely look into this when inspecting the space. So, pay attention and keep on reading if you want to learn the most effective ways to spruce up the look and boost the value of your home.
1. Make sure the façade and main entrance are in great condition
The first impression is what counts. What potential owners see as soon as they approach the house is the façade and the main entrance area. Basically, these first moments in front of the house will affect the buyer’s decision later on. This is why it’s so important to make this experience as pleasant as possible. Essentially, make sure that the exterior walls are properly painted, with no chips and cracks. Also, the path leading to the entrance and the whole entrance area should both be in good condition. The exterior lights must work perfectly and their design should match the design of the house, as well.
2. Clean and efficient home is always more valuable
It’s essential that you tend to any damp areas inside your home, thoroughly clean your carpets and rugs, as well as repair the cracks in the walls and floors. No one enjoys a home that looks as if it’s falling apart, and that kind of look definitely won’t get you the value increase you’ve been looking for. Aside from the fresh and clean appearance, sustainability is also one of the very important aspects homeowners tend to look into these days. There are many ways to increase the energy efficiency of your home: improve the quality of insulation, improve/repair and re-seal the windows, replace the heating and cooling systems with more efficient ones, etc.
3. Focus on improving the kitchen as much as possible
When it comes to repairs and fixes, it’s paramount to mention that having a functional kitchen with good-quality elements is very important for your home’s value. After all, while the rest of the furniture may be removed, kitchen elements and maybe even some appliances will remain. This is why you have to put some effort into equipping this room. Energy-efficient appliances such as Maytag refrigerators and sturdy islands and countertops are definitely an amazing addition to any kitchen that boosts the overall home value. What’s more, the kitchen is the heart of one’s home, which is precisely why this room will be under a magnifying glass when put up for sale. Make sure that the whole layout and organizational structure of the kitchen allow for whoever’s using it to move freely.
4. Take care of the bathroom as well
Once the works in the kitchen are done, it’s time to turn your attention to the second most important room in one’s home that’s responsible for raising the home’s value – the bathroom. The objective is to achieve an attractive space that offers both a timeless and modern look. Remember that even if you love colorful tiles or ethnic pieces, the potential buyers may not. In addition to keeping things simple and classy, it is very important to create an impeccable bathroom area that offers as much functionality as possible for the available space. And if you are lucky enough to have plenty of natural lighting, make the most out of it.
5. Take advantage of your outdoor space
If you live in a house with a garden or terrace and have plants, make sure they look good. A well-kept garden will give off a feeling that the entire property is in good condition. You can even use low-maintenance plants to add more vegetation if you haven’t bothered with this bit before. If you have a balcony, no matter how small it is, take advantage of it; you can definitely add some small outdoor furniture to this area to spruce things up a bit. Of course, don’t go overboard regardless of the size. It’s important that you create an outdoor setting that’s clutter-free and perfect for relaxation. Attractive outdoor spaces will increase the value of the property considerably.
If you’re stuck on the main color palette for your home, keep in mind that neutral and soft tones always work the best. They are the easiest to customize and change, not to mention that they make the entire space visually bigger and more elegant. In that respect, renovation projects and practices made with increased resale value in mind should always be oriented towards timelessness, sleekness, and minimalism.