Financial|Real Estate

10 Investments to Boost Your Home’s Value

Selling your home can be a long process that takes many appraisals and real estate agents. They may recommend you do some things to increase the value of your home. If you know you want to sell your home soon, you can start making these investments now, so you aren’t stuck doing several at the same time.

You might also have already completed some of these if you have ever made home renovations in the past. Check the following guide to see some simple investments you can make to increase the value of your home.

1. Brighten Up The Space

Homes that are light and airy usually sell much faster. Consider adding some lighting to important rooms like the kitchen and bathroom. You can also add dimmer switches to make the lighting in all the rooms much more inviting.

2. Update The Plumbing

Make sure known of the pipes are rusty or old. Consider updating the pipes to plastic tubing because they will last longer. Try not to have too many new holes when updating the plumbing.

3. Focus On The Kitchen

The kitchen is one of the first rooms people see, so it needs to be updated and elegant. Consider doing a simple remodel that could include new cabinets, new counters, or more modern appliances.  Make sure the kitchen flows well and has plenty of room to prep and cook food.

4. Finish The Basement

Regardless of whether you use it not, finish the basement. Potential buyers will be willing to pay more if a basement is already done and doesn’t need additional work. This also adds square footage to the home when you are putting it on the market.

5. Update The Bathroom

This doesn’t have to be a big remodel as it usually isn’t one of the top-selling points. You can always add new lighting or add some new paint. Fixing and cleaning the grout will also go a long way in adding value to your home.

6. Add Wood Floors

People are willing to pay more for wood floors as opposed to laminate. You can also use engineered wood if it’s cheaper. You can add them to the main rooms or every room.

7. HVAC Replacement

A new HVAC replacement can make your home more energy efficient which is a huge selling point. Adding in a new unit can make your home value much more.

8. Update The Landscaping

Adding some landscaping to the front or backyard can increase your home’s value by quite a bit. It also makes the home stand out.

9. Add Attic Insulation

This can be DIY and very cost-effective. It can make your home warmer and also make it more energy-efficient. Adding insulation to doors and windows can also add energy savings.

10. Get Rid Of Panels

Panels on walls and floors instantly make your home look old. Try replacing them with something more modern and elegant. This will make people much more likely to buy your home.