If you are looking to sell your home at any point – whether it be now or in the future – you will want to do whatever you can to improve the value. Luckily, raising the value of your home can be relatively easy, and there are many ways you can go about doing it. Below are 4 ways that you can improve the value of your home – from small jobs to large ones.
It is important to remember that the value of your home comes from not just the building, but the entire property. With this is mind it is a good idea to do some landscaping before you try to sell your home. Pruning your bushes and tress, and making sure the grass is cut is a good place to start. You can also add some colorful bushes or flowers, add some stone walkways or a patio, install a fountain or a little pond, or even put a gazebo back there if you have the room. Anything you can do to spruce up the outside of your home will go a long way.
Also remember that your front yard will be the first thing to give an impression to new buyers. This means you should give it extra care, and make sure that it looks its best before anyone comes to look at your home. Small touches to the front of your home can go a long way, as you only get once chance at a first impression.
Remodel A Room
The next thing that you can do is pick an outdated room and give it a makeover. For example, you can add new floors, cabinets and appliances to your kitchen to give it a new look. It is has been a while since a room in your home got some attention, then you will want to fix it up before you try to sell the home. By giving it a fresh coat of paint, fixing up the floors, and adding some newer appliances you will instantly raise the value of your home.
Keep in mind that if you don’t plan on selling your house for a long time, the remodel you do now may not look that new when it comes time to sell. Think about when you plan on selling your home, and weigh that against the cost of remodeling the room several times if need be. It may not be the best idea to remodel just for the sake of raising your home’s value if you have no intention of selling it any time soon. Also don’t forget to do your research on your dues when you finally sell the property, raising its value may not necessarily be the right course of action for you if the tax on your capital gains when selling will be drastically impacted. Plan ahead and you won’t be in for a nasty surprise!
Add Something Big
If you really want to invest some money into this project, then you can consider adding something big to a home. Depending on where you live – and who might be buying your home – sometimes a pool can raise the value of your home. There are other options as well though, such as fixing up an unfinished basement and turning it into a media center, or even adding a sauna to your home. For example, JNH Lifestyles has household infrared saunas that can be installed right in your home, and come in a variety of shapes and sizes. Imagine the look on your potential buyer’s face when you surprise them with a built-in sauna in the bathroom! However, infrared saunas can be dangerous so before you decide to install one you should make sure that you do research to find out the best way to get it installed and have it be safe for use.
Lastly, many homes are now trying to “go green.” By doing so with your home, you can increase the value of it while also making it more attractive to future buyers. To go green, you will want to look into getting solar panels installed on your roof, and you should look into getting energy-efficient appliances. For more information about how to make your home more environmentally friendly, you can visit this guide.
Start Improving Now
No matter when you plan on selling your home, it is not a bad idea to work on improving the value starting now. Sometimes these projects can take a while – especially if you need to budget for them – so it can be better to do a little bit at a time. Pick an area of your home that needs the most work, then start budgeting to have it improved. If you can do a little bit each year, when the time comes to sell.
Notes: Featured image via southernliving.com
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