5 Investments That Will Increase Your Home’s Value

Originally posted by Matt Woods on Sold .com

Around 70% of American homeowners believe that the home is their most significant asset. If you’re in that category, taking care of your house should be one of your top priorities, whether you’re selling or not. 

You can’t guarantee which way the value will go because of external factors such as location and market popularity. What you can do is focus on repairs and improvements to grow its worth steadily. Let’s review the top five investments that can help you.

Make It Beautiful

Two elements of your house’s appearance influence how valuably it’s perceived. 

The first is curb appeal, or how the building looks from the street. Boost it by ensuring all your landscaping is well-maintained, flowers are vivid, and the outer coat of paint is fresh and shining.

Once the outside looks good, focus on the inside, particularly the kitchen and bathroom. These two rooms, when outdated, can harm the home’s value the most.

You don’t have to install marble floors, either. Paint the walls, cover up wood floor scratches, and go for modern appliances. It’s time for the extras only when the basics are in place.

Efficiency Helps

Energy conservation and energy-efficient upgrades can make your home easier to maintain in the long run, especially if you live in an unusually cold or hot area. 

If you’re on a budget, consider enhanced insulation, LED lighting, and more efficient versions of regular appliances. If you can go bigger, install solar panels. 

Finally, if you’re somewhere in the middle, do an energy audit to find the spots draining your home’s heat and wasting your money. 

Smart Sells

With the recent years’ technology advances, more house owners add smart elements to their property, significantly upping the value. 

You could focus on acquiring the latest smart home essentials or go for the most profitable gadgets.

In the latter case, emphasize safety-enhancing technology. Anything from fire and carbon monoxide detectors to door locks, lighting, and alarm monitoring adds appeal to your home.

Plus, you can install these devices yourself, and their prices are dropping as they grow in demand.
smart home

Upgrade the Floors

There are two avenues you can go down while considering your flooring situation.

One option has to do with carpets. If your rooms are carpeted, assess the quality of your rugs, and replace the shabby ones. If you can’t afford that, it’s time for a deep clean to get rid of stains. Ugly carpets can harm the appeal of even the most beautiful rooms. 

Alternatively, if you have hardwood flooring in poor shape, affordable laminate floor DIY options are your best friend. As an extra, heated bathroom floors do wonders at making your home seem lavish. 

Kitchen Improvement

The kitchen is the big-ticket item when it comes to property value.

Of course, preferences come into play here. Still, you can use kitchen design essentials as guidelines while structuring your project.
kitchen improvement

If you’re unsure where to start, update your cabinets, as it can make the room seem much better put-together and functional. 

Regarding appliances, make sure that they’re all functional, clean, and as modern as possible. Quartz, marble, or granite countertops can make the room pop. 

The Bottom Line

All in all, it sometimes takes money to make money, whether you want to sell your home or keep it in good shape for the future. Investing in these renovations can pay off in the long run.

 

Contributed by Guest Writer

The post 5 Investments That Will Increase Your Home’s Value appeared first on https://www.sold.com .

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