Ways To Increase Your Home’s Value

    a house

    Whether you’re planning on selling your home, wanting to increase your home’s equity, or just want a nicer place to live, there are several simple steps you can take to increase your home’s value.

    Remodel The Bathrooms And Kitchen

    Bathrooms and kitchens are areas that real-estate agents and brokers tend to look at. Renovating these rooms can substantially increase the value of your home. For example, bringingin new tiles and sinks will instantly change the feel and appearance of your space. The reason these rooms are so desirable to update is that they are very high-traffic areas, and they stand out when new homeowners are looking to buy.

    Landscape

    Having the proper landscaping and tree servicing company do all the necessary trimming and maintenance on a damaged lawn will attract the attention of potential buyers. It will also increase the value of your home not so much by making drastic changes, but byimproving the appearance of existing features and ensuring the trees are not a threat to anyone in the neighborhood or your property. Installing synthetic turf or any artificial flooring on the lawn will do the exact opposite because it can look cheap and raise the energy costs of the home.

    Try For An Open Floor Plan

    Removing unnecessary walls is also beneficial in increasing your home’s value because a more spacious interior is usually deemed more desirable. If the possibility of adding square footage to the house is available, doing so will help achieve this same result. Hiring the right company to do your neighborhood home remodeling will save you a lot of time and effort from possible mistakes that could end up lowering the value of your home.

    Improve Energy Efficiency

    Converting your home to be more energy efficient is also appealing to new buyers. If the home looks as if it will end up costing more than they feel is fair from electricity, water, or any other additional expense that comes with a home, it will cause the potential buyer to shop elsewhere. Getting high-efficiency windows and LED lights installed throughout the house will help alleviate this problem and sell the house quicker than before.

    Ditch The Carpet

    Getting rid of any old carpet or countertops that are known to collect dirt and grime will also boost the value of your home. Removing the old carpet may also reveal some problems with the hardwood floors that were never taken care of and will help salvage the floor rather than having to redo the entire floor plan completely.

    Renovations aren’t just a good idea if you’re looking to sell either. You can enjoy these benefits as well with the bonus of improved equity in your home and a higher sale price if you decide to sell down the road. It will also be a nice piece of property to pass down to the next generation if you have children now or in the future.

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    • Tom La Vecchia

      Founder of New Theory & X Factor Media

      Founder and Publisher of New Theory Magazine and Podcast. Serial Entrepreneur who loves wine, cigars and anything that allows to people to connect and share experiences.

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