Whether you are looking to sell, or prefer to stay exactly where you are, increasing the worth of your home, likely your largest financial asset, just makes sense. Do you need extensive renovations or minor enhancements? With so many options available to update and upgrade your home, doing research can feel daunting and often results in information overload. We’ve gathered a few tips and suggestions to help you add the most value to your home.
Kitchen & Bathroom Remodels
These two spaces alone account for some of the biggest returns on investments for home upgrades, but it’s not always necessary to take these rooms down to the studs. Even minor improvements can have a major impact on the value of your home.
- Install new and energy-efficient appliances.
- Replace an old vanity.
- Create more storage options.
- Focus on style, paint, and accessories.
- Change out easy-to-swap finishes like cabinet hardware and faucet fixtures.
Smart Home Features
Smart gadgets are quickly becoming the number one item home buyers look for in a new home. These devices can vary in use, but in general, the more interconnections you have, the more desirable your home becomes.
- A large variety of upgrades in the same Smart Ecosystem include options such as:
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- Smart Lights
- Smart Appliances (i.e., refrigerator and faucet)
- Smart Sound Systems
- Smart Lights
- Pro tip: Be sure to note which upgrades are permanent and cannot be removed
Outdoor Living Spaces
Creating a desirable outdoor living space is a surefire way to increase value. Offering recreation areas such as a cooking area, lounge, or pool can entice buyers when the time comes, and allows you even more ways to enjoy your home in the present.
- Add or freshen up your deck.
- Implement a water feature.
- Install an outdoor fireplace.
- Create ample outdoor lighting.
- Freshen up the landscaping.
The Basics
Don’t forget the basics of the home like your electrical and plumbing systems. While these may not be as exciting as some of the items above, they are more important. Ensure your home passes inspection with flying colors and that your curb appeal is on point. Making sure the “bones” of your home are sound will ensure any cosmetic changes will shine.
- Confirm your wiring is up to date.
- Check the energy efficiency of your home.
- Schedule routine checks for things such as mold or dry rot.
- Make sure to handle any outside maintenance issues.
