5 Improvements That Will Raise the Value of Your Home
As the housing market gradually begins to improve, many people are beginning to put their homes on the market. However, before you put your home on the market, you should consider completing some basic home improvements in order to add some value to your home.
There are many improvements that you can make; however, there are some improvements that will add more value than others. By knowing which improvements will most likely increase your home’s value, you will have a much better chance of selling your home for a great price.
1. Indoor Systems
Although many people want to simply add cosmetic improvements to their home, it is important to repair all of the home’s major systems. When thinking about major systems, you should consider the plumbing, the wiring, and all of the heating and air-conditioning units.
In many cases, if these things need repairing, potential buyers may not even consider purchasing the home. When this happens, not only do you not get a nice profit, but you are not even able to sell the home.
2. Outdoor Improvements
When buyers are looking to purchase a home, the first thing that they will see will be the outside. Therefore, you should be sure that the home has nice shrubbery around it, and the house should be freshly painted with neutral colors.
If your budget allows, you should even consider hiring a professional landscaping company to help with your curb appeal projects. If the outside of the home has a nice curb appeal, then buyers will automatically be inclined to look at this home more thoroughly.
When they begin a thorough examination of the home, they will be looking at garage doors, siding, and even the doors and windows. Therefore, it is important that these items are updated.
3. Kitchen Improvements
As always, kitchen improvements can seal the deal or break the deal. Many people consider the kitchen to be the heart of the home, so it is extremely important that it is an inviting room. The first step to improving your kitchen should be to paint it.
As always, you should go with neutral colors, but the colors should also complement the cabinets, countertops, and tile. Ceramic or laminate tile will be the best type of flooring to put into the kitchen, and adding new light fixtures will also add lots of value to the kitchen.
4. Energy Efficient Improvements
With today’s high energy costs, adding energy efficient appliances into your home will definitely raise its value. You can begin by simply adding energy efficient light bulbs into all light fixtures. Adding these light bulbs will be a cheap way to add value to the home, but if you are financially able, you should also consider adding energy efficient appliances throughout the home as well.
5. Miscellaneous Improvements
In addition to the obvious improvements, you should also consider the miscellaneous improvements. Some miscellaneous improvements may include an alarm system or a water filtration system. These items are things that people will want to include in their home, but if you already have these items, this will give them the desire to pay more for the home. Other miscellaneous items may include a new tub, a home theater, or upgraded kitchen appliances.
Selling a home can be challenging, but if you are willing to add a few improvements, you can greatly increase your home’s value.