If you’re selling or want to increase your home’s value, several projects may be worth investing in. Some will return 100% or more of your investment, while others may only slightly boost its worth.
Decluttering is one of the most cost-effective ways to increase your home’s value. Clearing away clutter makes your house appear more prominent and cleaner, helping it sell faster in the market.
Power Washing
Power washing your home improves its curb appeal and protects it and the health of those who live inside. This is because high-pressure water removes harmful particles such as mould, mildew, and algae from its exterior.
This will safeguard your family’s health and ensure your building remains secure and attractive for years to come. Furthermore, it can save money on energy bills since dirt and debris will be cleared away before they can clog up your air conditioning system.
Power washers can also be used to remove stains on your driveway and patio, keeping your property safer from slips and falls if these surfaces are dirty or wet.
Finally, you can boost the value of your home by having it power washed before listing it for sale. Serious buyers will be much more inclined to make an offer if they see that the exterior has been freshly cleaned.
Power washing your house before selling it to potential buyers is wise, whether it is made of vinyl or brick. Not only will this give potential buyers an excellent first impression of your residence, but it can also expedite the inspection process. In the end, you’ll get more money for your property and be able to sell it more quickly than anticipated.
Add a Deck or Patio
If you want to increase the value of your home, one of the best improvements you can make is adding a deck or patio. This will enhance the aesthetic appeal of your property and provide you with an area to relax with friends and family.
A deck offers many advantages, the primary being extra storage for items you may not be able to fit into your existing garage or yard. It is also an excellent space for entertaining guests or hosting barbecues outdoors.
You can use the deck to host parties or get-togethers with family and friends. It’s an ideal spot for having a barbecue or cooking smores over a bonfire.
Decks are typically elevated off the ground, providing a better view of your immediate environment. This can be especially advantageous if you live in an idyllic spot or love watching the sunset over the horizon.
An additional advantage of adding a deck to your home is that it provides extra living space. This could prove beneficial if you plan to resell the property.
Furthermore, adding a deck to your home can increase its value by giving it a more contemporary appearance. This is an effective way to draw in potential buyers and get the house you desire at a price you can afford.
However, if you plan to sell your home soon, assessing whether adding a deck or patio will increase its value is essential. While some sources have claimed that investing in such items can yield 100% returns, others contend this is not always true.
Add a Second Story
Selecting complementary materials and finishes, create the illusion that your new addition has always been there. This could be an ideal chance to improve the exterior siding or windows and upgrade flooring and paint inside.
Another advantage of adding a second story is that it increases your home’s square footage, giving you room to add extra bedrooms, bathrooms, playrooms, craft rooms or offices. Not only will this enable more work to be done in your current residence, but it could also generate some supplemental income by renting out the new area.
The extra space can also be utilized to create additional points of interest, such as a gym or theatre. This could be an ideal option for homeowners with children who wish to provide them with a secure and safe environment to grow up in.
Constructing a second story can be costly, so you should weigh the advantages before beginning this type of renovation. You’ll need an experienced contractor’s services, so ensure they possess the appropriate credentials.
When planning a home addition, the room size should be considered as this can impact both your budget and a potential increase in resale value.
Upgrade Your Appliances
Old appliances consume a lot of energy, so it’s best to opt for an energy-efficient model that will save you money over time and reduce your carbon footprint. You may also select models with a sleek, contemporary aesthetic complementing your decor.
When it comes to increasing your home’s resale value, replacing appliances is the biggest improvement you can make. You have two options: pay someone else to do it or use some basic DIY skills and do it yourself.
Aside from their financial value, newer appliances can enhance your home’s comfort level. For instance, an upgraded stove makes cooking more enjoyable, while a modern washer and dryer make doing laundry a breeze.
Though there is no one-size-fits-all answer to this question, you can use common sense and research to decide which upgrades would benefit your home the most. Focus on choosing functional ones that will add value to your property.
The right appliances can help you maximize both space and time. There are impressive appliances to fit every price point, so there’s no need to feel limited when upgrading your home. The best way to determine which appliances are ideal for you is to ask your real estate agent.
Upgrade Your Lighting
Enhancing or upgrading your lighting is an excellent way to add value to your home. Not only is it a smart investment, but it can also offer safety advantages and energy-efficiency savings.
Contact a qualified electrician in Atlanta if your home could use some illumination upgrades. They can install an efficient new system and help select suitable fixtures tailored to your requirements.
Upgrade your lighting for improved visibility throughout your home. Features like dimmers, pendants and recessed lights can all help enhance visibility for you and yours.
Upgrading your lighting at night can enhance vision and simplify navigating your home. Additionally, it reduces the risk of tripping or falling, protecting both you and your home from potential hazards.
Enhancing the safety of your home with updated lighting can also give it a fresh, modern appearance. This is an effective way to attract potential buyers searching for more modern homes.
According to a study by the National Association of Realtors, LED recessed lights are one of the most popular upgrades homeowners can make to their homes. Studies show they may add anywhere from 1%-3% value to your property.
If you plan to sell it soon, an upgraded lighting system can make a great first impression on potential buyers. Whether just replacing current lights or installing an entirely new system, this easy and affordable upgrade can increase the value of your residence. The quality of your lighting and overall appearance will determine your home’s value.
