If you’re a homeowner (or prospective homeowner), you probably want to know how to get the best value for your home, and the best return on investment possible when you sell. Luckily, there are a few tried-and-true ways to increase the value of your home.
Focus on the kitchen and bathroom
It’s no surprise that the kitchen and bathroom are the two rooms in your home that can get you the most return on investment for updates you make. If you want to do some remodeling (or just little updates), focus on your kitchen and bathrooms – you can almost always recoup the majority of your remodeling costs in the increased value of your home!
Ramp up your curb appeal
This one is a bit obvious, but people are much more likely to buy your home if it looks appealing! Repair any exterior paint chips, replace the old front door, give your home a good power washing, and invest in some landscaping in order to set the right impression for potential buyers. We have a whole post about improving curb appeal here, if you need some ideas!
Update old appliances
A home with old mechanical systems and appliances can be pretty off-putting to new buyers who probably don’t want to spend a bunch to update everything right away. Replacing the furnace, air conditioner, water heater and kitchen and laundry appliances can majorly increase the value of your home.
Improve your home’s efficiency
Making your home more energy efficient is beneficial for you (hello, saving money!) and a huge boost for your home’s value, too – not to mention great for the environment! Installing light fixtures, appliances and smart thermostats that allow you to better control your home’s temperature while you’re away can save you money and appeal to buyers, too. For a bigger investment, consider installing new windows to help with efficiency, or even solar panels for the roof, if you plan to be in your home for long enough for them to pay off!
Make your home “smarter”
Smart technology is improving constantly (we have a whole post about some of our favorite new smart home products here!) and incorporating them into your home is a great way to improve you home’s value. Smart thermostats, smart locks on the doors and smart lightbulbs are all relatively cheap and easy upgrades to add to your home.
Your home is an investment, and it’s important to make it a good one! By choosing upgrades to your home carefully, you can maximize your return on investment if or when you’re ready to sell. Do you have any home value tips to add? We’d love to hear them! And make sure to come hang out with us at @AlmaHomes on Instagram, too!