Want to Increase the Value of Your Home? Do These 5 Simple Things
The value of your home is a number calculated by real estate agents and can be used to measure how much your house is worth. According to research done by Zillow in 2018, the average value of homes in the U.S. was $226,800, but this number will vary depending on where you live. For instance, an average home in California would have a higher value than an average home in Ohio because more people want to live here, and there’s less space available for new houses.
There are various things you can do to raise the price of your home. By making a few simple changes, you can make your home more appealing to potential buyers and get a better return on your investment when it comes to selling.
Here are five simple ways on how to increase the value of your home:
Increase the Amenities
The most important thing you can do to increase the value of your home is to improve its amenities. The more features your house has, the better it will be worth. Upgrade any outdated appliances and install energy-efficient systems such as Sopris solar, which can also act as a backup power plan in case there is a blackout.
You can also add new fixtures that will make life easier for your family members, including multiple water outlets in the kitchen and laundry room, built-in bookcases in a library nook, a second refrigerator or freezer, and an extra sink outside of the kitchen. When the time to sell comes, many buyers may pass on homes that don’t have these upgrades unless they’re listed at a great price.
Add Storage Space and Bring In Light
One of the best things you can do to make your home more appealing is to add storage space. By adding a closet, attic, or garage, you’ll allow potential buyers to see how they could use the extra space in their own home. You can also increase the value of your home by bringing in more light. This can be done by installing windows or skylights and painting white walls. Bright colors will also help make your home feel larger and more inviting.
Fix up the Outside
The outside of your house is just as important as the inside when it comes to increasing its value. Ensure all of the landscaping is well-maintained and that the paint job is in good condition. You may also want to consider adding a patio or deck to the property. This will not only increase the value of your home but will also make it more enjoyable to live in. Also, note that an under-deck ceiling drainage system can provide great value.
Make Sure the Wiring and Plumbing are up to Date
If your house is more than a few years old, it’s likely that the wiring and plumbing are no longer up to date. This can be a big turnoff for potential buyers, so it’s essential to address these issues before putting your house on the market. Fixing any leaks, replacing obsolete wiring, and updating the plumbing can be costly but will be well worth it in the end.
Clean up the Interior
The interior of your home is the first thing potential buyers will see, so it’s important to make sure it’s clean and organized. Remove any clutter from the rooms and make sure all surfaces are clean. You may also want to consider repainting the walls in a neutral color and replacing any outdated furniture. These simple changes will help make your home look more appealing to buyers and will increase its value in the process.
The market for homes is hot, and it’s only going to get hotter. That means now is a great time to upgrade and sell your home. But first, take some time today and find the true value of your home and get to know how much your house could be worth on the open market.