Whether you’re ready to sell right away, or you’re simply looking for ways to increase the value of your property for a future sale, increasing the value of your home is a very smart financial decision.
By making the right home improvements you’ll sell your home for significantly more when you find an interested buyer. Here are some of the expert-approved ways that you can count on to increase the overall value of your home.
Add a Deck
Adding a deck to your home is a great way to extend the overall square footage of your home, and also a way to appeal to those who love the idea of an outdoor living space. Whether you build your own deck, or you hire a professional to do it, make sure that it’s done with high quality wood to ensure that it lasts.
According to real estate experts, houses that are listed with a deck sell for as much as 20% more than homes that do not have one. What’s more, a deck is fairly simple to add on, and somewhat affordable when you compare it to other home upgrades.
Update Your Kitchen
If there’s one part of the house that’s a dead giveaway of whether a home is modern or not, it’s the kitchen. If you hope to appeal to a wide selection of buyers, make your kitchen fabulous. Update the old fixtures and appliances, and choose sleek countertops like marble if you can fit them into your budget. These upgrades will not only increase the value of your property but also improve the overall aesthetic appeal in photographs, encouraging the chance of a faster sale.
Make it Energy Efficient
More and more buyers are looking for homes that are energy efficient and less impactful on the environment. By making changes like installing energy-efficient lighting, adding insulation, and energy-efficient windows, you’ll appeal to a whole new demographic of earth-friendly buyers, not to mention your home will be more cost-effective for those looking for affordability.
If you live in a colder location, many people are specifically looking for homes that they know won’t cost them thousands a year to keep warm.
If you’re trying to sell your house with a long list of maintenance and repairs that still need to be done, then people are going to try to knock down the price. If you can address any and all the issues from leaks to damaged fixtures, buyers will appreciate that you’re giving them a whole package rather than a “fixer-upper.” Because there are no repairs to do, you have the advantage of setting a higher price. You might even find yourself with multiple interested buyers who start a bidding war!