Whether you’re looking to sell your home, up your curb appeal, or undergo some home renovation that will benefit your property in the long run, there are plenty of ways to increase your home’s value without breaking the budget. Some of the simplest projects can add thousands of dollars to your home’s value, depending on your region and the real estate market there. Indoors and out, here are seven inexpensive projects that will help to increase the value of your home. (more…)
Posts Tagged ‘ Home value ’
While selling your new home is an exciting new beginning for you and your family, you should also make the most out of selling your current home. Before you place your house on the market, you may need to make some minor home improvements and updates to increase its value, such as modern fixtures, updated appliances, or new flooring. If you are thinking of selling your home in the near future, but are unsure with where to start on your updates, consider these three update hot spots in your home that may need a little TLC before your house hits the market. (more…)
Have you ever wondered why the major players in residential real estate investment avoid single family homes? There are a variety of reasons that would lure investors towards an apartment building instead of a single-family home. But the most significant factor is the amount of control an apartment building owner has. Owners of large multi-family properties can easily control the value of their investment. This flexibility is something that allows investors to make improvements to increase the property’s value. Here are just a few creative ways that building owners can improve the value of their apartment building. (more…)
Planning on putting your home on the market soon? It pays to make sure you’re getting the maximum equity out of your home. At the same time, you don’t want to splurge your money on any large-scale remodeling projects which may break the bank and not provide much added value. If you’re looking for easy and inexpensive ways to boost your home value before selling, consider the following DIY projects! (more…)
So you’re thinking about selling your home down the road? You’ll likely be caught in the same dilemma that many homeowners deal with. Do you spend the money it takes to upgrade a home you plan to sell? The answer isn’t terribly simple, unfortunately. The major benefit of expending the time, money, and effort it takes to tackle home improvement tasks is that you come out on the other side with a higher home value. If you do plan on working towards an increase in home value, make sure you put your effort into the right areas.
Rooms to focus on
There are two rooms in your home that can make or break any sale. You must have a fabulous kitchen and bathroom. If you are thinking about performing any renovations, start here.
Barring any outrageous wallpaper or unsightly flooring, your kitchen renovation should be centered on your appliances and your counter tops. Stainless steel appliances are the new standard and have the magic ability to skyrocket any space into the 21st century. For certain appliances, you can simply purchase a stainless steel cover, but for others you may have to consider replacement. This can be pricey, but come selling time, you’ll be grateful you made the investment. Similarly, granite countertops are a major selling point for new buyers. Most people want them, and if you’ve got them, you save new homeowners a few steps. For some quick but powerful touches, add some modern lighting, shiny cabinet fixtures, and contemporary colors.
Bad bathrooms can truly kill an otherwise good sale. It is terribly unappealing to look at peeling and dirty tile, discolored toilets, and outdated sinks. If you truly want to boost your home’s value, give your bathroom a good makeover. Bathrooms tend to have outdated flooring. With the typically smaller size of these rooms, a change in flooring material can be a quick and relatively inexpensive change to make. Outdated light fixtures can bring down your bathroom’s style with one fell swoop. This change is minor, but seriously helpful.
Energy efficient homes are growing in popularity. They help the environment, and they make it easier for homeowners to save a little bit of money. Simple additions like storm doors and ceiling fans can go a long way when it comes to improving your home’s temperature control. If you want to take it a few steps further, consider things like energy efficient windows and solar panels. Both can be major selling points for anyone browsing the market.
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