What can you do to increase your homes value?
For many homeowners, making their home look great is always a top priority. However, this can not only make the home even nicer to live in, but add substantial value to the property. Whether you are looking to sell in the near future or are not considering that possibility for many years, adding value to your home can actually be much easier than you might think. If you’re ready to do so, here are a few tips on how to make your home more valuable.
Remodel Your Kitchen
For more and more people today who are looking to buy a home, finding a property with a new, remodeled kitchen is a must. Therefore, if your kitchen is starting to look a bit dated, giving it a remodel can pay off handsomely when it comes time to sell. In most cases, adding value to your home by remodeling your kitchen will add over $18,000 to the value of your property.
New Entry Door
While you may not think about it very much, your entry door is actually one of the things that gives people a first impression of your home. If your door is old and looking a bit worn-out, it may be time to get a new one. Often costing less than $2,000 from start to finish, this adding value to your home project will let you recoup nearly 75% of your costs.
New Inside Paint
As for a low-cost way of adding value to your home, adding some new interior paint will be a fantastic and relatively easy way to make sure your home will be more valuable when it comes time to sell. Along with making your home look fresh and updated, new interior paint will also let prospective buyers see the endless possibilities your property possesses. However, when doing your paint job, try to choose neutral colors such as grey, beige, or light blue. If you do, expect to add about $3,000 to your home’s value when you’re finished.
Smart Home Technology
Since many people today want everything to be linked to their smartphones, installing smart home technology in your home can be a real selling point. From thermostats, lights, and even doors and windows, these additions will almost guarantee your home will be highly-valued by interested buyers.
No matter which of these projects you select, adding value to your home can be an easy, fun, and profitable process.