6 Ways to Add Value to Your Home
- Posted By Shiral Alexander
When you buy a home, you typically pay a certain amount and expect to get that value back when you sell it later on. But what if it doesn’t have enough value to sell?
There are many things you can do to add value to your home so that it sells for more money when the right time comes, here are some:
1. Check and improve the condition of your home
If you’re selling, you’ll want to make sure it’s in good condition.
One of the easiest ways to add value to your home is to enhance its structural integrity. Focus on your roof, foundation, and exterior walls. If any of these things need to be replaced, now is the time to do it. It will also give your home a longer life.
Find out if you’re eligible for any tax deductions. You’ll want to make sure that you document everything so that you can prove your expenses when you file your taxes or for future reference (have a before and after photos).
2. Update your kitchen and baths
Before you buy new appliances, inspect them for defects. You don’t want to buy a defective appliance that breaks down soon after you install it. If you can, buy appliances with a warranty.
Before you buy new fixtures, check that they’re code compliant. You don’t want to install a bathtub with a faulty installation.
3. Install fresh paint and flooring
Paint will give your walls a fresh look, allowing you to sell your home for more money. A new flooring installation will make your home look like new again.
You can install new flooring over existing flooring, like a laminate flooring over an existing tile installation.
4. Grow your landscaping game
Consider improving your landscaping by adding a water feature, a fire pit, or a play structure to your backyard. You could also add an outdoor kitchen or rooftop deck. They’re great for entertaining family and friends which potential buyers would love to have.
5. Add in new lightings
Replacing dated fixtures with modern fixtures can significantly improve the look of your home. Adding a few LED light bulbs can also significantly reduce your energy bills.
Adding new lighting fixtures don’t just add value but also improves the safety of home by being able to see and be seen more clearly; You’ll also be able to walk around your home and yard more safely.
6. Add some storage space
You can add built-in shelves and cabinets anywhere in your home - in your garage, attic, entertainment area etc.
Adding shelves and cabinets gives more room to store stuff which people love to have.
Conclusion
If your home doesn't have enough value to sell, there are many ways you can add value to it; You may spend money for it at first, but you’ll get your money back by having a higher selling price with the outcome.
Make sure you follow local council codes before making any changes to your home. Imagine having not followed a code, it will lead you to re-doing a job and spending more.