Did you know that simple changes to your house can increase the value by 5% or more?
Whether you’re considering selling or not, knowing how updates will boost the value of your home can make a big difference.
Imagine if the work you do now had huge financial benefits down the road.
You can’t control the future housing market but you can work with aspects within your control to boost the value.
Updating homes is one of the best ways to invest in property and it might not be as hard as you think.
Let’s take a look at 7 ways you can increase the value of your house.
The Low Down on Updating Homes to Increase Value
You don’t need an expensive remodel to increase the value of your home. Some updates might be pricey but others are very affordable.
1. Up the Curb Appeal
They say you shouldn’t judge a book by its cover but prospective buyers will judge a house by its exterior.
One of the easiest ways to increase value is simply by cleaning up the outside of your house.
Pressure washing the exterior works to get rid of dirt and mold and can transform a house.
If the house is painted but it’s dull or flaking, repainting the exterior will do a lot for the curb appeal.
2. Boost Energy Efficiency
We all want to save the world and save on bills. Buyers look for energy-efficient homes and with modern energy features.
Upgrading the energy efficiency of your home is an excellent way to increase the value.
3. Simplify Maintenance
Very few people want a home that’s difficult to look after, so keeping your property easy to maintain is a good way of increasing its value.
Hardwood and easy-to-clean floors are ideal from a maintenance point of view, as is keeping your garden simple and fuss-free.
4. Paint It Neutral
We all have different tastes and it’s hard for buyers to visualize their walls when they’re looking at patterns and colors they don’t like.
Paint your walls whichever color you love but when you’re thinking of selling, repainting walls in a neutral color can boost the value.
5. Install Smart Devices
Smartphones are with us 24/7 and we love being able to deal with anything on our phones.
Especially popular with younger buyers, smart devices are one of the things of value around the house that viewers will love.
Smart thermostats are a great example, where you can see and control the temperature from your phone.
6. Make the Most of Storage
Got a cupboard with no shelves and lots of wasted space high up? Storage can be a big problem, especially in smaller houses.
By putting extra shelves in forgotten spaces, you can add extra value with little effort.
7. Build a Deck
A deck can be a big outlay but if you’re looking for what adds value to a home appraisal, a deck is a winner.
If you’re not planning on moving soon but want to focus on investment add-ons, building a deck gives you more space and can make or break a buyer’s decision.
Update Your Home as an Investment
When it comes to updating homes, it’s ideal to remember that one day you’ll want to sell it.
While you shouldn’t be afraid to decorate how you like, it’s useful to consider what adds value to home appraisals.
Follow us for more handy ideas and if you build that deck, we’d love to come for a BBQ!