Ways to Add Value to Your Dayton Property

Many homeowners across the Dayton property market prefer to make important improvements to their homes than to move out and buy a new one. Why would a homeowner want to purchase a new house that would be much costlier if he could opt to stay and just shoulder a renovation cost?

There are many reasons why a property owner would want to increase the value and ‘salability’ of his home. Home improvement could raise the value of any Dayton property in case the homeowner considers selling it in the future.

Adding value to a property could be an effective way to limit or prevent any decline in the home value if ever house prices fall. However, according to experts, the changes must be the right improvements and must do more than uplift the home tag price. Here are some helpful ideas.

Extend and convert

Size and location are two important factors that influence Dayton property price tag. There is nothing a homeowner could change about location but definitely, many ways could help bolster space. Extending the land area could add extra square meters to floor space, which would logically and literally translate to higher valuation. Basement or loft conversions could add value to any property by about 20% to 40% compared to a rear extension.

Know ‘glass ceiling’

The ‘glass ceiling’ is the maximum price that your home could be valued at. It would remain at the same amount regardless of improvements made. Thus, a homeowner should always be aware of the prevailing glass ceiling in the local property market. If there is an intention to resell, it is important to limit improvements or renovation to the maximum property value in the area.

Improve energy efficiency

An energy efficient home is always valuable. Maximize possible added value by making sure the household would consume less electricity. Insulate walls and ceilings so that heat or coldness within the house would not be lost unnecessarily. Leakages on those areas contribute to up to 70% of lost heat or coldness, which in turn translates to additional electric costs.

Observe effective layout

It is important to keep all layouts flexible. It would be wise to invest in dividing doors that could be installed to easily convert big space into other purposes. For instance, a huge room could possibly be divided into two so there would be two rooms. This would make the home more enticing to possible buyers in the future.  

HomeBackers Realty is an expert realtor in Dayton with years of real estate experience that you can trust. Buying a house via HomeBackers can save you time and money as well they will negotiate on your behalf. They can find you the best specials. If your desire to own a home is based on to create stability, keeping control over your living situation, building asset and investing for your future, just go for it Dayton is the best choice. Make your life simple and comfortable by choosing Homes in Dayton, be in safe hands! Please feel free to contact us or call 937-754-1111 for further details.