• 7 Home Upgrades That Will Increase Your Home’s Value

    Having a property that looks deserted won’t help you sell it. A gate that won’t swing open, unmaintained roads from the summer, or a strewn-about mess of trash and outdated appliances won’t make a good first impression on prospective buyers.

    Instead of selling the property as-is and hoping for the best, doing a few upgrades can help you speed up the closing process, especially if you want to sell your land by yourself. Also, you’ll be able to negotiate a reasonable purchase price. The good news is there are plenty of easy ways to make your property more appealing, attract dozens of potential buyers, and earn some extra cash.

    Upgrade the Curb Appeal

    Attractive landscaping implies that you maintain your parcel of land. In fact, buyers will pay 7% more for a house with excellent curb appeal than a neglected exterior. Basic yard care, such as cutting the grass, trimming the bushes, raking the leaves, fertilizing the lawn, and controlling weeds, will make your piece of land look tidy. Consider also growing flowers with vivid colors. Low-maintenance flower beds can make your yard look wonderful and draw potential buyers’ attention from the road.

    Add Usable Square Footage

    The number of usable square feet affects the real estate sale price; the more livable square feet it has, the better. So, consider adding the following:

    • Finished basement: Creating a basement that can be used as a guest bedroom, a play area, a gym, or an office can dramatically increase the value of your home.
    • Finished attic: Much like a finished basement, an inhabitable attic can increase the value of your house.
    • Additional bedroom: The cost of a home rises as the number of bedrooms increases. To match preferences and trends in your local housing market, add one or more bedrooms, depending on the available space.
    • Additional bathroom: The desirability of a property increases with the number of bathrooms, especially for families. Building a second bathroom or half-bath is worthwhile, especially if you just have one.

    Add a Fresh Coat of Paint

    An added new coat of paint can completely transform the space. Consider complementary color schemes that tie all the rooms of your home together and appeal to various tastes. That being said, flamboyant colors should be used cautiously as not everyone may find them appealing. Instead, opt for warm, complementing hues that work with many types of furniture.

    Upgrade to Energy-Efficient Features and Appliances

    While you own the home, energy-efficient modifications will reduce your electricity costs. Additionally, these improvements will increase the home’s appeal to purchasers when you decide to sell it. Replace outdated appliances with new ones to freshen up your home. Add double-pane windows, LED lighting, better attic insulation, and energy-efficient appliances to your property piece of property to raise its value and make it more buyer-friendly.

    Touch Up Your Bathroom

    Home buyers rank bathrooms among the most crucial spaces in a property. Luckily, bathroom upgrades are among the most cost-efficient home touch-ups. According to estimates, you’ll spend about $35,000 if your bathroom requires a complete renovation, but your cost recovery will be approximately 57%. The most common choice for sprucing up a bathroom is to replace outdated wallpaper with a fresh, neutral coat of paint and install new hardware on closets, cabinets, and drawers. If needed, install new, modern tiles, and replace the faucets and countertop.

    Modernize the Kitchen

    The kitchen is another room that ranks high on the list of priorities for home buyers. Everybody adores a contemporary, trendy kitchen. There are a lot of creative options to consider — start with buying new appliances to replace the damaged ones and install new countertops. Update the backsplash and give the walls a brand-new coat of neutral paint and think about repainting your cabinets and getting new hardware. Try to give it a more open look by installing a kitchen island.

    Create an Outdoor Seating Area

    You might need just one more thing to complete the look of your home’s outside — a small lounging area with comfortable outdoor seats. Creating a covered outdoor lounging area will expand the usable space in the home and increase the property’s square footage in the eyes of potential buyers. Consider setting up a deck or porch as an outdoor living room with comfortable couch cushions, an outdoor rug, a barbecue, or a TV.

    Final Thoughts

    There are numerous strategies to increase your home’s value. Consider which of these improvements would be best for you, roll up the sleeves, and get to work. Even though doing upgrades to enhance the property condition takes time, money, and effort, it’s ultimately worth it!

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