The value of your home is the single most reason why you reside in the home. In this economy, where housing prices are falling day by day and unstable market scenario is daunting the housing market statistics, it is important that every home owner knows the tip on how to add value into their homes. Though making home improvement is a sure shot way to increase the value of the home, it will at least make you more competitive against other people. Use these simple tips to increase the value of your home and enjoy rewards in the years to come.
Renovate kitchen appliances– the most popular room of the home is kitchen. It is worth every square foot. The kind of kitchen you build plays an important role. If your kitchen appliances are more than 3-5 years old, consider updating them in terms of comfort and style. A new model or more designer finish or additional features will help home buyers to seek the property. On the top of the line for appliances consider stainless steel and professional series lines.
Renovate kitchen cabinets to make it look appealing– when you walk into a kitchen the focal point is the kitchen cabinets. Cabinetry is at the top of percentage of kitchen cost, but also offers more return. Buy wooden cabinets over laminate cabinets and add customized features like crown molding, wine racks and custom wood working to set your kitchen distinct from competitors. Revamp the cabinets and ad door and drawer hardware for a new look.
Add value to the kitchen by updating counter tops– Any room that have counter-tops like-kitchen, bathrooms, bars or utility rooms require more money to spend to make it look classy, style and distinct. Plastic laminate counter-tops are considered as low grade, solid surface, concrete and granite are considered as higher grade. Consider buying overlay kitchen counter-tops made from composite/granite resin combination to give it a granite look at fraction of a cost.
Renovate flooring- the rule of thumb is flooring should be long lasting, resilient and of higher upgrade, but the higher return depends upon amount invested. Vinyl flooring and low end carpet is a low upgrade. To give your kitchen a new look consider wood, tiles and natural stone flooring. It will definitely add value to the home.
Renovate plumbing fixtures in bathroom and kitchen– if your plumbing fixtures are more than 10 years old, consider upgrading it. If you have standard grade fixture like chrome finish, go for high end finishes and material. The items like brushed nickel, copper, brass, are relatively inexpensive to replace. For kitchen sinks, select plumbing fixture that match with the closet, faucet, control and sprink sprayer. In a same way, for bathroom select bathtub, shower, and sink control that match with the overall look.
Renovate bathroom- After a hectic day, the first and foremost place to cool down yourself is bathroom. So, it is important to renovate master bathroom in a way that it looks royal. Buyers can add spa like features in the bathroom and incorporate other utility features like shower, over-sized garden tub, etc. Similar to kitchen it is important to upgrade bathroom.
How you can upgrade bathroom?
Add different kind of flooring material
Add faucets, shower head
Add jetted soaking tubs
Incorporate multi sprayer showers
Try to make a small bathroom look spacious
All these features will definitely add value to your home.
Renovate bathroom- After a hectic day, the first and foremost place to cool down yourself is bathroom. So, it is important to renovate master bathroom in a way that it looks royal. Buyers can add spa like features in the bathroom and incorporate other utility features like shower, over-sized garden tub, etc. Similar to kitchen it is important to upgrade bathroom.
How you can upgrade bathroom?
Add different kind of flooring material
Add faucets, shower head
Add jetted soaking tubs
Incorporate multi sprayer showers
Try to make a small bathroom look spacious
All these features will definitely add value to your home.
Incorporate state of the art sound system- If you wish to make your home stress free and oasis of comfort, try to add surround sound system. If you are sell electronics in your home, add plasma and flat screen television and media rooms are also becoming popular. Add seating areas for multiple viewers and theatre like sound system in media room. All these upgrades that adds value and buyer appeal is the important.
Environment friendly homes add value-In this era of environment sustainability, eco-conscious upgrades fetches high return on investment. Starting from water saving plumbing fixtures to tankless hot water heaters, investing in all these environment friendly items add value to the home. Select rapidly renewable energy resources like bamboo flooring and select items that save on energy cost. Regardless of any of this method, green living upgrades are always worth considering.
Fully usable garage is beneficial– a garage can add storage space to the home buyer as well as it is beneficial for parking your cars. All homes don’t have garage space, so if you optimal space consider adding it. If your home is near to the market cleaning and organizing garage space is cumbersome. The trick is to install garage wall or ceiling organizing shelves to take benefit of storage space.
Add appeal to the home– In order to cater to the demands of an average home buyer it is important to invest in curb appeal. What does it mean? It means that you need to incorporate a well manicured lawn, trimmed landscaping and a clean drive and sidewalks. It will definitely add value to the home. Keep your garden free from weeds and full of colourful plants.
Have a functional irrigation system– one more way to add appeal to your home is to add functional irrigation system. An irrigation system works efficiently and covers the yard of the home and also adds value. Consider having a maintenance check by a professional that offer top-notch service and recommend proper irrigation system for your home.
The more closets look good– A thing that always remain on priority list is the storage option. The more option you provide the more value you add to the home price. Ensure that the closets are fully functional and have enough storage space. When selecting how to renovate your home, storage is one of the easiest and often neglected suggestions.
A quality roof is a plus: The roof of your home protects and beautifies the structure beneath. A quality roof will add value to your home and reduce the risk of damage in the near future. For roofs older than 15 years, consider having a roofer inspect and possibly replace. Upgrade from asphalt shingles to clay tiles, copper, slate or standing metal seam to add durability and value.
Windows serve several purposes- your window is main source of natural light, but it is also a good source of air gain and loss. It is better to upgrade windows with the higher R values to resist hot and cold air from the outdoors. Go for double paned windows or windows with integral window treatments and insulate varieties all equate to save energy and therefore it will add more appeal to the home.
Conclusion
Though investing in such options may seem costly, but keep in mind the value that you add to the home now will increase with passage of time. Even if you don’t wish to sell your home soon, all these renovations will add value to your own life. Use above-mentioned tips to add value to the home and enjoy this process. Did you made any recent upgrade for your home or do you have something to add? We are looking forward to hear from you!
