If you’re a homeowner, then your main concern will be to ensure that your property provides a relaxing, happy, and functional space for you and your family. However, there’s also another aspect to homeownership that you should keep in mind: the value. You’ll already know just how much money it takes to get your hands on the keys to a property. As such, it’s important that you know how to increase your home’s value.
You don’t necessarily need to have an eye on selling anytime soon to do this — it’s all about making sure that you can get the most money for your home when you finally do sell. In this blog, we’ll take a look at some of the most effective methods for gently moving your home’s value upwards.
Refresh the Decor
A fresh lick of paint is one of the easiest ways to keep your home’s value moving upward. Over time, a home’s decor can begin to feel outdated and a bit drab, for no other reason than it has simply grown a bit stale. Painting the walls provides a simple way to freshen things up. You can paint the walls the same color, or you can mix things up and bring a new color palette to your property. Give it a try, and you might be surprised at just how new your home feels!
Improve Curb Appeal
It’s easy to overlook the front of your house. After all, there can be times when you barely notice it, especially in the winter months when you may be returning home from work in the dark. But it’s worth ensuring that your home’s curb appeal is all that it could be because it’s one of the first things that potential buyers look for when visiting a potential home. As such, it has a bigger impact on the home’s value than many people believe. There are countless ways to nudge your curb appeal in the right direction, including upgrading the front door, hiring a company that offers lawn care services to ensure your yard is well-manicured, and changing the garage door. Do all these things, and you won’t just add value to your property — you’ll also enjoy arriving home more!
Update Your Kitchen
No one’s going to pretend that a kitchen renovation or upgrade is cheap. In fact, it’s one of the more expensive home improvement projects that a homeowner could undertake. But there’s value in doing so — and by that, we mean actual, financial value. The average cost of a kitchen renovation stands at around $10,000, but studies have shown that it can add as much as $18,000 to the value of the property, so it offers a very good return on investment. It’s one of the key things that homebuyers look at when they’re weighing up whether to buy a home or not.
And as with most of the other ideas on this list, it’ll also help you to enjoy your home on a deeper level. It’s nice to cook a delicious meal in a beautiful kitchen!
Add More Sunlight
We all want more sunshine in our lives. You can’t control the weather, but you can influence how much sun enters your property on those blue-sky days. Look at enlarging your windows and trimming any exterior trees that may be blocking sunshine that is otherwise destined for your property. A sunny home is a happy home!
Clutter Free
There’s a lot of power in trying to keep your home clutter-free. For starters, there are studies that have shown that it can have a mental health boost since it’s easier for us to feel calm and relaxed when we have space to breathe. And second, it can make it easier to sell your home when you eventually decide to do so. Homebuyers are less likely to bid on a property if they struggle to “see” the house because there’s so much clutter in the way. Commit to keeping your items to a minimum, and you’ll benefit on a short- and long-term basis.
Final Thoughts
Your house is your castle. But it’s also your retirement fund. Given its importance to your financial standing, it’s essential that you make the effort to keep the value high and moving in the right direction. The good news is that the majority of value-boosting actions are relatively easy to do, and they’ll also help you to enjoy your property more before you decide to sell. It’s a win-win situation, basically.
