How to Increase the Value of Your Home
Whether our Covid time of staying at home or the bustling housing market is the reason, it seems Americans have caught the remodeling bug. Experts project, in fact, that in the last half of 2021 some $332 billion will be spent on home improvements.
Maybe you’ve looked around your own home and wondered what increases home value. Maybe with the busy housing market, you’re considering ways to add value to your home.
In this post, we’ll cover actions you can take with your home that will have the greatest impact on value.
Replacing the windows in your home can be quite the investment, but may pay dividends in multiple ways.
First, the new windows improve the aesthetic of your home with a modern and fresh look. New windows are also easier to operate and help protect the home with higher durability.
It also makes your home more energy efficient, which is a huge selling point if you’re hoping to sell in the near future.
Along with changing the windows, you should also consider replacing doors in your home. New doors have a big impact, whether it’s the front door, back door, or garage door.
New doors are more energy-efficient, low-maintenance, and provide increased security. Experts believe that new steel doors on a home can recoup 69% to 91% of the value at resale time.
Nobody likes to imagine living in someone else’s bathroom, especially if it’s out of date or not well kept. Bathroom updates, even minor ones can have a real impact on home value.
Sure, it might be nice to gut the bathroom and create that dreamy spa-like bathroom. But you don’t necessarily need to do that. There are smaller bathroom updates that still offer plenty of value.
Update your bathroom fixtures or redo the tile work. Maybe you can replace the sink and vanity. That old toilet with poor flushing? It may be time to upgrade that too. There are many starting points when it comes to increasing the value of your bathroom without breaking the bank.
There is nothing like worn, faded, or peeling paint to make a house look a little rundown and tired. Take a close look at your exterior paint. What kind of shape is it in?
If the exterior paint looks a little dirty, you can always get it power washed to clean it up. You might consider having it painted if the trim is peeling or flaking.
If you don’t want to invest in having the whole house painted, you can always give the garage door or front door a spruce up with new paint.
Painting also gives you the opportunity to change the colorway of your home. Certain styles may be more appealing in the current market if you’re looking to sell.
It’s time to ditch the popcorn. Nothing will date your house more than a popcorn ceiling. And let’s face it, nobody likes those darn popcorn ceilings.
With a small amount of time and effort, you can completely remove an old ceiling texture, giving you the opportunity to change style and color to fit modern trends.
You know the old adage, you never get a second chance to make a first impression? Anyone pulling up to your house when your lawn is unmowed, unwatered or unkept, is getting an impression about your home and it isn’t a good one.
Mow the lawn regularly. Put some sprinklers on to get the grass looking green. If you can’t do this yourself, think about hiring a landscaper or fertilizer company to come and work on your lawn. A lush green lawn will help make a lovely first impression about how your home is cared for and maintained.
Landscaping is another outdoor home improvement project that can have a real impact. In some cases, it’s enough to clean up the landscaping you already have. Maybe you trim the bushes and trees. Get rid of any weeds. Add some mulch around your landscape beds.
If you don’t have any landscaping or it’s in too bad of shape to save, it might be time to visit the local greenhouse. Replace shrubs to add texture and color to the front of your house.
If you’re planning to sell your home, new owners will appreciate plants that are low maintenance. In general, tasteful plants, flowers and well-chosen bushes will give your home more perceived value.
Homebuyers love wood floors. In fact, if you sell your home and it still has carpet, there’s a good chance the new owner will pull up that carpet to install wood floors.
If you currently have wood floors that are looking a little worn, simply refinishing them will be highly attractive to new owners. If you have carpet that’s in bad shape, spending a few thousand to install new wood floors will hold its value at selling time.
If you’re not looking to change to hardwood floors, at a bare minimum, you need to have your carpets deep cleaned by a professional. Yet, the truth is that if the carpet is spotted or worn, you’re best off to tear it out.
If you’re looking to sell your home, homebuyers won’t be thrilled with spotted or worn carpet. In that case, you may be better off considering alternate floor options such as tile or synthetic/simulated wood.
Don’t underestimate the value of a good deep clean. For a few hundred dollars, having a cleaning service come in and really clean your house can have quite an impact on how it looks.
A cleaning service can get a kitchen or bathroom sparkling. They’re also better at cleaning hard to reach places you may not have the tools for.
Bathrooms and kitchens are the number one area to consider for homebuyers. Maybe you don’t want to invest in a whole new kitchen. There are plenty of things you can do to upgrade your kitchen. Consider fresh paint and a new tile backsplash. Or change out the sink and faucet and add new hardware to the cabinets.
Those smaller changes in a kitchen can add value and greatly improve the kitchen’s aesthetic.
Learn How to Increase the Value of Your Home
The improvements we’ve detailed above can help take your home’s aesthetic and perceived value to the next level, especially with prospective homebuyers.
Interested in ways a professional can help with your home too? Contact us today to get more information on how we can help improve the look and feel of your doors, windows, or bath.