When assessing the value of homes for sale or properties, there are certain factors that have more weight than others. Whether you want to make your home standout on an MLS listing or simply want to add value to your real estate investment, there are few updates that add big value to your home.
-Adding space. Any renovation that adds usable space to your home is sure to add value. For instance, removing a non-structural wall could create a better flow and openness in your home that can boost value. The trend continues to be open floor plans, and buyers like big spaces.
-Update appliances. If your appliances don’t all match, consider ordering new doors or face panels for them so they can all match. It’s more affordable than buying all new appliances but still gives the kitchen a put-together appearance.
-Add a bedroom. If you have a den or office, simply adding a closet will turn it into a room that can be considered a bedroom without the cost of adding an entire new room.
-Let there be Light. Lighting can improve your home’s value. You can add something a simple as a dimmer switch or even a skylight.
-Maintenance first. Before investing time or money in renovation projects, take care of routine maintenance. Weed your flower beds, keep the yard in good order, repair corroded pipes and insulate your attic.
-Don’t forget flooring. Something as simple as repairing broken tile, replacing carpeting, and patching floor boards can add value to your home.
-Bath upgrades. Some easy bathroom upgrades include replacing frosted glass with clear glass, cleaning the grout, apply fresh caulk, updating doorknobs and cabinet pulls, removing rust stains, replacing faucets and buying a new toilet seat.
-Ask for help. Bring in a real estate agent or interior designer to get their opinion on how you can spruce up your homes. They can provide ideas on what will add the most for the least. They are in that business!