5 Ways to Add More Value to Your Home

5 Ways to Add More Value to Your Home


If you’re thinking about selling your home in the near future, you’ll obviously want to get the highest
possible offers you can. There are multiple ways to add more value, putting more money in your
pocket when it comes time to put it on the market, including these.

Do a Kitchen Makeover

One of the most important rooms in any house is the kitchen. Potential buyers often list it as a key
factor in deciding to put an offer on a home. If it looks impressive, not only does the value of your
home increase, but the perceived value too, which often means you’ll get higher bids. If your kitchen
is outdated, a total makeover is the best way to go if you can afford it, replacing old appliances,
installing new cabinetry and so on, but if that’s not in your budget there are lots of other ways to
spruce it up. You might switch out hardware on cabinets and drawers, paint them a neutral color,
covering up any nicks and scratches, and switch out an old kitchen faucet for a stylish new one.

Smart, Eco-Friendly Appliances

Replacing appliances with smart, eco-friendly ones can significantly add to the value of your home.
Some reports say the average return on investment (ROI) is 11 percent as compared to a home with
standard appliances. They’re an important part of a connected, high-tech house, as well as being
more energy efficient and providing feedback on energy use. If something is using more energy than
it should, a smart appliance can send you an alert – such as a dryer that has a lint trap in need of
emptying or a refrigerator alerting you to an internal temperature that’s too low or too high.

Update Your Lighting

Lighting can make a big difference in the look of a home. It can significantly raise perceived value by
making space seem more luxurious. If you can’t change up all your lighting, do an upgrade in at least
the main rooms of your house. For example, replacing a boring dining room light with a chandelier.
Chandeliers can also be used in places like a master bathroom to give it the feel of a spa. When
thinking about a family room design, adding table lamps and floor lamps are good, but don’t go for
fluorescent types to often cast a harsh glow. Incandescent lights are best, creating softer light for a
more welcoming atmosphere in what’s often one of the most popular places for hanging out in any
home.

Add Water Features – But Skip the Pool

You might instantly think about a pool when envisioning water features, but a pool isn’t going to add
enough value to your home to make it worth the cost of installing one. You’ll lose money on that
investment as the average swimming pool costs around $75,000, not to mention all the maintenance
required. Only add a pool if you and your family plan to use it frequently, and you won’t be selling
anytime soon. A better idea is adding less expensive features such as a fountain, a small pond or a
hot tub.

Landscaping

Beautiful landscaping makes the entire property much more appealing, instantly raising the value of
your home. The most important thing is to keep your front and back yard looking neat by getting rid of
junk, debris, dead plants, weeds and the like – anything that detracts from an attractive look. Make
sure your lawn is nicely mowed and watered and add colorful flowers along with potted plants and the
like.

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