10 Tips to Increase the Value of Your Home
Thinking of moving? Or just wanting to feel secure that your home has a solid financial future? Here are some facts and tips on increasing your home’s value without draining you of time or money.
Big projects, such as converting a loft into additional bedrooms/ living space or adding a conservatory to your home, can add huge value to your home. These large projects may come with a high cost that many may be unable to afford, so these smaller adjustments can still be very beneficial.
First impressions are everything, and the same goes for your home. Giving the front of your house a little “TLC” can give possible buyers a lasting first impression of your home. Little additions will increase your home’s exterior appeal, improvements such as …
– a freshly painted front door
– replacing old garage doors
– adding trees and climbing plants to a porch
Simple “nips and tucks” to your home can improve its face value and avoid putting many buyers off, and are easily managed by any handy “diy’er”. A fresh coat of paint can go a long way, as well as fixing squeaky doors, windows, stairs or floorboards and covering cracked ceilings and plasterwork. These simple and quick improvements can encourage a higher price without pulling at your purse strings.
Ensure a good foundation for your home. Checking the basic foundations of your home can prevent deterring buyers or lowering home value. It doesn’t hurt to be sure your home is in good shape.
In today’s world, for many people, air quality is of increasing importance and therefore installing an air purifier or an AC unit with a new 16x25x1 air filter would be of value to many prospective buyers. Filter King provides replacement filters that are delivered to your doorstep. Not only will this ensure the higher air quality in your home all year round, but will also help you save on your energy by eliminating old filters that use more energy due to blockages. This is an attractive selling point to possible buyers and adds more to the value of a property than it costs.
A Kitchens is often the heart of the home; so, the bigger, the better. Expanding the space can allow you to install an island or breakfast bar in the middle of the room and improve its appearance and practicality. Updating the appliances, such an oven or stove, will help give the impression of a whole new kitchen, with a much lower price tag.
Updates are always appreciated, especially in bathrooms. Improving your bathroom to give it a new, fresh look will add value by preventing new residents replacing rusty taps or re-grouting tiles, along with limiting the feeling of a used home by prospecting buyers; giving incentive for a higher price.
Lowering the costs of your home will always be a plus for a buyer. Switching to more energy-efficient appliances and lightbulbs will lower energy usage and therefore running the home comes at a smaller cost, for you and therefore new owners. Even switching your windows to prevent the loss of heat will also lower the maintenance cost of prevent the loss of heat will also lower the maintenance cost of your home
Don’t Forget your Garden! A tidy flowerbed, freshly cut grass and some outdoor furniture can largely increase the appeal of your home. Another desirable feature to add to your garden could be improving the privacy of your home by adding tall trees or plants to give a feeling of peace and seclusion as opposed to the appearance of surrounding properties overlooking yours.
A larger improvement that is beneficial when wanting to add value to your home, is maximizing parking spaces by expanding or renovating your driveway. Private parking is a selling point for some buyers and increases willingness to pay a higher price.