Did you know that remodeling your home can increase its value by up to 20 percent? This means that, even if you plan on selling your house soon, there are ways to increase the price tag. Here are some tips for how to add property value to your new home:
Improve Energy Efficiency
To maximize energy efficiency in your home, consider replacing old windows with double-pane or triple-pane models, installing insulation in walls and ceilings, adding weatherstripping around doors and windows, and looking into renewable sources of energy like solar panels. You can get rebates from your local government for making energy efficient improvements, which can help reduce the cost.
Upgrade Your Kitchen
Replacing outdated appliances with stainless steel and modernizing countertops and cabinets will give your kitchen a whole new look. Investing in quality materials, like granite or quartz, is beneficial because not only will it add visual appeal to the space, but it will also increase the value of your home over time.
Update Bathrooms
Don’t underestimate how much potential there is to completely renovate a dated bathroom. Consider adding tile accents and updating fixtures like shower heads and faucets; you may even want to consider replacing an old tub with a luxurious spa-like bathtub or walk-in shower. Hopping on the latest trends when it comes to bathroom design can be a great way to add some resale value to your home.
Add an Outdoor Space
Adding an outdoor living space can be a great way to add value to your home. Consider installing a deck or patio, adding landscaping and plantings, and installing a fire pit for extra ambiance. You can even add an outdoor kitchen with a beam pavilion for added appeal to make entertaining easier and more enjoyable.
Add Curb Appeal
Adding landscaping, painting the exterior of your home, and investing in new siding are all great ways to boost the curb appeal of your home. These changes can make a huge difference when potential buyers come to look at the house and determine its value. For example, a well-manicured lawn is always impressive and adds to the overall charm of the property.
Finish the Basement
Unfinished basements can be a turn-off to potential buyers, but they don’t have to be. Consider adding drywall, installing carpeting and lighting fixtures, and finishing out electrical outlets. Once these projects are completed, you’ll have an extra living space that will add value to your home.
Invest in Technology
Smart home technology is becoming an increasingly popular trend, and it’s one that can add value to your home. Consider investing in smart thermostats, lighting systems, security systems, and other automated technologies for convenience and added energy efficiency. If you’re selling your home, these features can make it stand out among the competition.
By following these tips, you can add property value to your new home and ensure that you get the best return on your investment when it comes time to sell. Whether you’re looking for a quick fix or ready to embark on a full-scale renovation project, there are plenty of ways to improve the value of your home.