How to Increase Your Home’s Real Estate Value
When you’re a homeowner, you want to increase the value of your property as much as possible. Although you may not be moving in the near future, the value can be slowly improved over the years. Take a close look at how you can increase your home’s real estate value by mixing in both low-cost and investment options.
Swapping Out Fixtures
Unique real estate tips often involve clever ways to update a space without a large investment. Swapping out fixtures, such as lamps and electrical switches, are quick ways to increase the home’s value. This same concept applies to the kitchen too. Add new handles to cabinet doors and change the sink faucet. Although every other item in the area may be vintage, prospective buyers will only focus on the bright and new additions.
Refine the Landscape
The front yard is the first property space that’s seen by buyers. Trim the grass, plant a tree or start a flower garden. There are countless accents that you can add to a landscape as long as they remain neat. In addition, maintain a native look by choosing plants that only belong in the region. Trying out a desert landscape in a snowy region will only fail as the seasons change.
Install a Cool Roof
An investment that really impacts the home’s market value is a new roof. A typical rooftop lasts about 20 or 30 years. If your home is nearing that time frame, add a cool roof to the structure. Along with improving the home’s aesthetics, a cool roof also offers better energy efficiency. Your real estate investment will stay cooler in the summer while retaining warmth in the winter.
Extend the Living-Room Space
Smart, real estate tips include the perception of size. You want the home to look large, but the square footage may be lacking. Add an exterior deck just outside of the living room’s sliding glass door. With the curtains or blinds wide open, the living room seems to expand as you move between the interior and exterior.
In the past, homeowners often added a room onto the structure in hopes of increasing market value exponentially. This renovation idea doesn’t always offer the best return for your dollar. Remodeling an attic or basement will usually give you a better value for the investment. Pick and choose projects through the years that please you, and prospective buyers will be thrilled to benefit from them in the future.