Your home is likely one of your most valuable assets, so it makes sense to consider how to increase the value of your home to maximize your investment. Here are six things that you can do:
Fix What’s Broken
First of all, make any repairs. Those damaged or broken things you’ve been ignoring or just living with are devaluing your home. For example, check for chipped or cracked tiles in your kitchen and bathroom. What condition are your floors in? Is all of the plumbing and electrical in working order?
Clean it Up
Next, do a top-to-bottom deep clean and declutter. Amazingly, the act of deep cleaning and decluttering can add more than $4,300 to a home’s resale value, on average, according to a 2019 survey from Homelight.
Giving your home a beauty makeover is another way to increase its value. Consider a fresh coat of paint inside and/or outside, new floor coverings, updated light fixtures, fresh mulch and flowers in the flower beds, or new external doors.
Make it More Efficient
Increasing your home’s energy efficiency also increases its value. Energy efficiency home improvements include installing smart, programmable thermostats, adding insulation, replacing an old water heater or HVAC unit, and putting new weatherstripping around doors and windows … just to name a few.
Update the Kitchen and/or Bathrooms
Investing in a kitchen or bathroom remodel will increase the value of your home. But this is a tricky one. You don’t want to over-improve and put more money into the home than you’re going to get out of it.
Get an Expert Opinion
With so many options, the best thing is to get an expert opinion on what you can do to increase the value of your particular home. And the best experts to consult are those who deal with home values day in and day out … realtors.
We’re happy to have a conversation with you about the current value of your home and the steps you can take to increase that value. Send us a message or call us at 559-490-0207 today.