Value Bump: 5 Tricks to Raising Your Home Value
If you're in
the process of selling your home or you want to plan for renovation projects
that update the property, it is important to choose improvements that will
raise your home value. The best projects do not necessarily involve demolition.
The best projects are more focused on how they will improve aesthetics and function
while still offering a return on investment. If you are looking for tricks that
are sure to bump up the value of your home during an appraisal, here are five
ideas.
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| image credits: Mr GC - freedigtalphotos.net |
Create Space in the Kitchen
More people
than ever are looking for a home that has an open layout. If you have a non-structural wall or an island in your kitchen that is
separating the room from the living area, removing these elements can make a
major difference. Creating space will make your home flow better, and this
added flow will attract potential buyers. Wide open floor plans mean larger
value. You can also create space by getting a smaller boiler which may fit into a smaller kitchen cupboard than the existing one. The cost of a new boiler would offset by adding value to your home.
Update Your Siding for Curb Appeal
Siding does
not just add curb appeal, it also serves a purpose by making your home more
energy efficient. Dated siding can affect your outward appearance and send the
wrong message to people who pass by. With new vinyl or cement siding that
compliments the design of your home, you can make the property look better and save
on utility bills as well.
Turn Your Home Into a Smart Home
With advances
in technology, you can do more than just equip your home with an alarm. You can
turn your home into a smart home with not much more than you would need to
deter criminals if they attempted to break in. Home automation systems make it
possible for you to turn home systems on and off from remote locations and
watch your property while you are away. More and more people want smart homes
because they can help save energy and keep the property safe in a convenient
manner. If you want to cut down on wasted energy or you simply want to attract
tech savvy buyers, research home security and automation companies like North Star Alarm and similar
businesses.
Liven Up Your Landscaping
Landscaping
serves multiple purposes. Not only is beautifully groomed landscaping
aesthetically pleasing, it can also liven up a dull home. It is important to
choose plants and layouts that are easy to maintain. You can also use trees and
bushes as a way to increase privacy around the property for added benefits.
Catch Up with the Outdoor Living Trend
Many people
want to enjoy the beauty of nature without leaving their homes. Spending time
outside can improve your mood and give you energy. Real estate agents have
found that buyers want sunrooms. If you want a higher-valued home and you want
a feature that is great for entertaining, add on a sunroom and you can expand
your home's square footage without taking on the large costs of adding a fully
insulated room.
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