There are many things homeowners may do to improve their home that can maintain or bring up its value. Probably, the best advice homeowners can follow is to repair and maintain their home throughout their stay. However, if you have a hectic schedule and you’re always busy with your work, you may easily forget about home maintenance.
Fortunately, there are various ways to boost your home value. Whether you’re planning to sell your home in the future or you just want to make it more appealing, below are some of the tips you can consider to increase your home value:
1. Curb Appeal Matters
One of ways to level up your home value is to boost your home’s curb appeal. In a nutshell, the term “curb appeal” is the attractiveness of your property, as viewed from the outside. You can get a perspective of your home’s value by walking across the street and trying to observe your property. Does it look attractive, structurally sound, or welcoming at first glance?
Jot down both the positive and negative elements of your property. If you have a big tree in front of your house which hides or detracts from your home’s curb appeal, consider hiring a tree service Albuquerque to trim or maintain it.
If possible, take a photo of your exterior and see if it’s still appealing in the picture. If it’s not, you might want to paint your exterior, and consider landscaping solutions to improve the appearance of your yard or lawn.
2. Make Your Home More Energy Efficient
Depending on where you reside, energy conservation features may have a big impact on home value. In fact, energy efficient mortgage lenders may let borrowers take on extra debt to cover both the energy-efficient upgrades and purchase of the home. They may also offer lower mortgage rates to boost purchasing power.
To make your home more efficient, consider installing double-pane windows, LED lighting, energy efficient appliances, and enhanced attic insulation to increase the value of your home. If you have the budget, you can go with bigger upgrades by installing solar panels. These can also boost your home value, but they can be quite expensive. More often than not, solar panels only make sense if you want to increase your home value in the long run.
It’s also a good idea to hire a licensed energy auditor to evaluate how much energy you’re consuming and where your home is wasting so much energy. They can also help you determine which upgrade is the most suitable for your investment.
3. Add More Usable Space
It makes a lot of financial sense to add more usable space in your home. Remember that homes are priced and valued by the livable square feet they contain. So, it’s better if your home has more livable space. You may achieve this by adding bathrooms, another needed space or room as it may add value and increase your home function. You can also consider building an outdoor garden. Some home buyers prefer properties with a beautiful outdoor garden because of how it can make the home more visually appealing to people outside.
4. Paint Keeps Your Property Looking Its Best
One of the best tips to bring up your home value is to repaint your property. Generally, paint keeps your home looking attractive and appealing, while also defending your walls from the elements and wear and tear. However, if you’re planning to sell your home, never spend thousands on getting every corner repainted. Rather, concentrate on your property’s high-traffic areas like bathrooms and kitchen. If possible, paint only the areas that have visible scratches and surface damage.
5. Clean And Declutter Your Home
Decluttering and deep cleaning your property may increase its price. Whether you plan to stay or sell it in the future, it can benefit you in many ways. One of the amazing benefits you can enjoy from decluttering and deep cleaning is you’ll be able to make the most of the space. You’ll also be able to organize your things better. Plus, you don’t need to stress over seeing so much clutter around your property.
You also don’t need to spend a lot of money on decluttering and cleaning. Depending on your preferences, you can consider hiring the help of professionals or do the job on your own. Although it’s time consuming and requires extra effort, it’s worth everything since it’ll give you a pristine and clean home. All you need is some proper cleaning tools and equipment to start decluttering and cleaning your place.
6. Don’t Forget The Lighting
Another way to increase your home value is to upgrade your lighting. Other than the cheerful look that well-lit rooms bring, good lighting can make spaces look cleaner and bigger. Rooms that are properly lit also provide potential buyers an impression that you have nothing to hide, and they’ll feel more confident about inspecting and touring your home.
Conclusion
It’s not easy to increase your home value, especially if you have a limited budget. However, home improvements don’t always need to be expensive. You can start with small ones first and consider the big ones once you have the budget already. Keep those above tips in mind when improving your home value.