Selling Your Home? Here are 6 Tips to Increase Its Value

 

If you decide to sell your house, there are good upgrades that will give you the best bang for your buck. It's not hard to sell a home, but it's important that you sell it at a reasonable price and don't miss out on great deals.

Many experts agree that an upgraded kitchen, additional bedroom, and a conservatory will add considerable value to a house. And how can you make sure you spend cash on the right projects that will increase their appeal to potential buyers? Read on to find out more.

       1.       Go bigger with extensions

If you add a kitchen or a dining area with a single-storage extension, the addition of square footage is guaranteed to be a good investment. Bigger homes also command higher prices, and a buyer is likely to notice even if an appraiser does not officially recognize the full value of additional space.

Adding a room is the easiest way to make your house larger, but by completing the basement or constructing a deck, you can also create additional living space.

       2.       Install a new roof

A new roof is probably not the first thing that comes to mind when considering improvements to increase the value of your home. But according to City Seamless Roofing, installing new roofing can increase the value of  your home considerably. Apart from increased resale value, installing new roofing is a great way to upgrade the curb-appeal of your home.

       3.       Upgrade your kitchen

The kitchen is the center of any home, and the improvement in this space is indeed worthwhile. You can expect to recover 60 percent-120 percent of your kitchen remodeling expenditure as long as you don't go overboard.

       4.       Add an extra bathroom

You will recover a significant portion of your investment when you add another bathroom if your home only had one to start. HGTV estimates an ROI (Return on Investment) of between 80%-130%.

When searching for extra bathroom space in your home, take a look in additional rooms or underutilized areas. Consider other rooms, such as closets. Like every other project, the cost of installing a bathroom is largely based on the types of fixtures and accessories you choose to use.

       5.       Energy efficient appliances

Depending on the environment in which you live, the energy-saving features will significantly impact your home value. Consider double-sided windows, improved shade insulation, LED lighting, and efficient devices to improve home value and attract energy-conscious buyers.

Put solar panels on the roof if you're willing to go larger. Given the significant financial and systemic investments of solar panels, it makes sense if you expect to increase value in the long run.

       6.       Give your home a facelift

Curb appeal — the way your home looks from the street — is the first chance to get a positive impression. The outside look of a home should make a prospective buyer wish to step through your front door.

Please ensure that existing landscaping is well kept. If your yard looks bland, try planting flowers or redecorating the front door.

       7.       Open-plan living area

The knocking down of the wall that divides your kitchen and living area will transform your house and save on the cost of an extension. The load-bearing nature of the wall can prove difficult to handle for any DIY person, so it will be prudent to seek professional help.

You may consider a rear or lateral extension if knocking down an inner wall is not an option. Although it can be expensive and time-consuming, it will give you the space you need and add more value to your home.

Endnote

Increasing the value of your home is much simpler than you may imagine. The above are simple hacks that can help to increase the value of your house with an incredible amount.