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8 Home Upgrades that Will Greatly Improve Your Property Value

By
Services for Real Estate Pros with HOMESGOFAST

People invest a lot in their home remodeling projects. After all, everyone wants their home to be beautiful and a happy place to live. You want to a welcoming environment when you get home after a long hectic day at work. However, renovating your house can have financial rewards too. Even if you’re not planning on selling your home any time soon, certain upgrades will greatly improve its value when you do.

Read on to learn about 8 home upgrades will that enhance your home's curb appeal, increasing the property value. 

1. Start with the Kitchen

A well-furnished, spacious, and un-cluttered kitchen is always on the top of the list of ideal home features that buyers look for. A small investment can make a big impact to the look of your kitchen. For as little as $5,000, you can update the floors, add a backsplash wall, upgrade the countertops, and install new kitchen appliances. These changes will give your kitchen a clean, cohesive look. If your walls look outdated, apply a fresh coat of paint and hang up a few decorative pieces.

2. Improve Your Home’s Efficiency

Energy-efficiency is one of the key criteria for home buyers these days and there are plenty of ways to make your home energy-efficient without spending hundreds of thousands of dollars. To begin with, install a smart thermostat. This is an energy-efficient tool designed to control your home’s temperature from anywhere. Replace your old windows, doors, and electrical appliances with smart home-tech systems. A thermostat combined with other efficient appliances highlights your home’s comfort, convenience, and efficiency to create a strong selling point. 

3. Apply Fresh Paint

A fresh coat of paint can give a magical feel to your space — be it outdoors or indoors. Updating the walls will deliver the biggest transformation to your space, so this is the best place to start when dealing with tired or outdated interiors. Start with the rooms with an odd and outdated color scheme. Consider using feature walls: paint one wall with a dark and bold shade and the rest in neutral colors. 

4. Install Natural Stone Paving on Your Indoor and Outdoor Floors

If your concrete or brick paving looks too dated for your modern home, replace them with natural stone tiles. Natural stones, like bluestone, travertine, and sandstone, create a visually appealing surface and add a rustic feel to your place. They can be used on patios, pool decks, driveways, walkways, and even indoors. In addition to the aesthetics, these tiles are designed to last for years. Granite is an excellent option for your exterior landscape. This material can easily handle moisture, fluctuating climate conditions, and heavy foot traffic.

5. Improve Your Home’s Safety

Another thing that home buyers play close attention to is safety systems. Make sure your doors and window locks are in good condition. Install exterior lighting to keep your home well-lit in your absence. Other good investments are fire alarms, CCTV cameras, video doorbells, and other safety gadgets to make your home a safe place. Not only will it increase the value of your property, but it will also help to keep you and your family safe.

6. Build a Patio

Adding a patio or deck in your outdoor space is a great way to expand your living space and add a natural feel to your home. Elements such as a freestanding grill, a water feature, or a fire pit make a big impact while not being expensive. Add a few pot plants and you’ll have a stunning indoor/outdoor area that will entrance potential buyers.

Tip: A great outdoor space doesn’t have to mean an expensive swimming pool. While baby boomers and millennials loved swimming pools, gen-z buyers typically avoid properties with this feature because of the high maintenance costs.

7. Update Your Bathrooms

Like the kitchen, bathroom remodeling can add significant value to your property. Potential homebuyers pay close attention to bathroom décor and features. Although completely remodelling a bathroom can come with a hefty price tag, small upgrades are surprisingly affordable and can make a huge difference. Replace broken or outdated faucets and taps, install new lighting features, and give the ceiling a fresh coat of paint.

8. Keep it Simple

Minimalists will love a simple and stress-free living space. Less fixtures, appliances and home décor features translate into lower maintenance costs, boosting the value of your home. Don’t skip over cosmetics altogether, but focus on the essentials first. Update your plumbing, electricity, HVAC systems, and home security. Make sure everything is in good working order.

If you ever plan on selling your house, these few home upgrades will go a long way in increasing its value. Even if you don’t want to sell your home right now, you’ll be able to enjoy these upgrades until you do decide to sell.

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and enjoy your day!

Jun 02, 2022 07:21 AM