As a homeowner, it's important to know how to add value to your home. Regardless of whether you have plans to sell your home in the near future, certain home improvements can boost home value by a significant amount. To bump up your home's resale value while also making it a better place to live, here are some key tips:
Before considering any aesthetic improvements, ensure everything in your home is working properly. Issues like leaky pipes, rattling air conditioner units or flickering lights might be easy to ignore, but can be red flags for future buyers. Consider adding energy-efficient appliances and smart home technology to save money while boosting value.
Curb appeal is crucial in attracting potential buyers to your home. A tidy and aesthetically pleasing outdoor space indicates the home is well-maintained, and is also more enjoyable for you. Simple lawn care tasks like cutting grass, weeding and removing dead vegetation can take some work, but will yield massive returns.
Renovating the home is generally costlier than selling it, but certain renovations like finishing a basement or attic can make a huge difference in sale price. You might also consider projects where removing a wall could expand the usable space of a room.
Property value is based on more than just aesthetics and upgrades. However, the better you take care of your home, the better it will do in the real estate market. If you aren't sure where to begin in increasing the value of your home, consult a real estate agent for tips.
Prior to her 20 years in Real Estate, Jacquelyn worked as a Marketing and Advertising Manager for Fortune 500 companies such as Sun Microsystems, Charles Schwab, Robert Half International, and Del Monte Foods. She has handled up to $80 Million Dollars in global marketing budgets and worked with not just local but also national and global teams. It was during these 7 years in corporate marketing that she successfully developed her marketing and negotiating skills which she now effectively utilizes in helping her clients with their home transactions. This has resulted in numerous Top Producer awards and designations in the Real Estate industry for being a Seller and Buyer advocate in over 2 decades.