When trying to figure out How to Increase the Value of Your Home you want a proven path to success. Although the process isn’t set in stone, there are ways to quickly update your home’s value to earn an investment. Beyond making your home look better than ever for the maximum resale value possible, it can also enhance your own living experience and enjoyment. Fortunately, there are plenty of things that don’t take up much time or resources. We’ll also provide a few options that add more to your budget and to-do list but yield bigger returns.
Increase Your Home’s Curb Appeal
When it comes to buyers looking for the perfect home, first impressions matter. The exterior of your home quickly sets the tone for what buyers can expect and how they visualize themselves living on your property. Touching up the outdoors and enhancing curb appeal can also skyrocket the perceived value of your overall property and increase the cost people are willing to pay for your home. Simply painting your door black could add $6,500 to your house. Small landscaping projects, proper lighting, and keeping a tidy lawn also help with curb appeal. The agents at Ekdahl Nelson Real Estate can advise on local market trends.
Make Minor Repairs
You don’t always need to tackle a costly project to figure out how to increase the value of your home. Instead of a significant renovation, you can first address those minor repairs, like a leaky faucet and squeaky doors. Obvious cosmetic defects should also be addressed, like touching up cracks in the walls or stains from an old water leak. Replace broken tiles and things home buyers will notice right away, like a loose door handle or burned out lightbulbs.
Clean, Declutter, and Stage
A clean and clutter-free home signals that you care about your home and allows home buyers to see themselves living there. Give your home a deep clean, including baseboards and hard-to-reach areas that can collect dust and grime. A crowded space can quickly feel overwhelming or make your rooms feel small. Removing excess furniture and personal items also makes your area look more appealing.
Once your home is thoroughly cleaned, you can ask your real estate agent about next steps, whether how to stage it appropriately or who to hire to step in and prep it for you. The goal is to maximize your home’s fullest potential and make it feel relaxing and welcoming to buyers.
Replace Worn Carpet and Floors
Your flooring and carpeting play a significant role in your home’s overall look and feel. Update your floors with a high-quality carpet or refinish and repair your hardwoods. If time or budget is an issue, add a colorful throw rug to bring more life to your room and distract from problem areas. Or rent a machine to give them a good steam cleaning and new life.
Give Your Home a Fresh Coat of Paint
A fresh coat of paint inside and out can make your home look new again. Indoor paint also helps brighten rooms, cover odors, and create a fresh feeling in your home. Just make sure to consider what a home buyer would want in a new home. A bright yellow kitchen may look sunny but turn away home buyers looking for something more neutral. When colors are too bold or distracting, it’s harder for homeowners to see the possibilities.
Update Your Kitchen
The kitchen is a central gathering space of your home that could significantly impact its resale value. Take the time to update old appliances, stained countertops, and aging cabinets. You can even remove dated cabinet doors for a more open look or replace drawer pulls and handles to make your kitchen look more refined. Talk to your real estate agent about which updates in your kitchen would provide the biggest ROI for its resale value.
Add Living Space or Usable Square Footage
If you really want to make an improvement on how to add value to your home, you need more usable square footage. Turning an awkward closet into a small den or transforming the dead space under your stairs into a reading nook or work space can all make a big impression on home buyers. Finishing off a basement, converting an office, or building a workshop in your yard all add usability to your home and property. Before you get started, make sure it’s a worthwhile investment and blends seamlessly with your home’s overall look and feel.
Showcase Your Entire Property’s Assets
There’s more to figuring out how to add value to your home than what’s going on with your curb appeal and indoor aesthetics. Whether you have a healthy renovation budget or need to do all the work yourself, there are always projects that enhance your home’s value. Your entire property influences how much someone is willing to pay, from the landscaping to the charm of your front porch. Consider adding a new storage shed, repairing fences, and fixing up that old deer stand to show off how much space you have or how to make the most of a smaller yard.
Work with Ekdahl Real Estate
When it comes to increasing the value of your home, working with a knowledgeable and experienced real estate team is invaluable. Ekdahl Nelson Real Estate can help command a higher price for your home while offering a hands-on, boutique experience our clients love. Our team offers personalized service and fosters deep connections in our communities with eager buyers and sellers. Contact the Ekdahl Nelson Real Estate team today to discuss your goals and receive expert guidance on maximizing the value of your home.