There are many reasons why you may be keen to try and increase the potential value of your home. For one thing, it might be that you are struggling to enjoy the home and you feel that anything which adds value is also likely to make it a nicer place to be. There may indeed be some truth to that. Similarly, you’ll find that it is going to mean you have a much happier home most of the time too. This is a partnered post.
But perhaps the most common reason to want to do this is obviously when you want to sell your home. Whether you are thinking of doing this in the near future or further down the line, it’s a good reason to be aware of and one of the most encouraging ones. All in all, there are a lot of ways to add value to a home, so let’s take a look at some of them now.
Redecorate
This is one of the best ways to add value to the home, for the simple fact that it is going to be a very simple thing to do which is nonetheless going to help considerably with how much you can increase your home’s value. It’s really very straightforward to redecorate, and yet you will find that you are going to end up in a situation where it is so much easier to add a lot of value to your home.
When you do this, make sure that you are happy with your decision of color, and that you are doing all you can to ensure it is done as professionally as possible. Note that this doesn’t mean you actually need to go to a professional – often, decorating is something fairly simple which you can do yourself. But you do need to make sure that you are happy with the result.
If you do this right, it’s going to mean you have a much more attractive and valuable home in no time.
Renovate
Of course, you may also want to go a step further and actually renovate your home, or at least part of it. You may not be able to afford to renovate it entirely, but you should at least be able to renovate part of it, so this is something that you should certainly think about. Just doing that should mean that you are going to have so much more value on the home in general, so it’s really important that you are thinking about this.
When you do this, bear in mind that some parts of the home tend to be more important in terms of adding value than others, so this is something that you will want to think about too. You may decide that you want to therefore only renovate a bathroom, as these give a great return on investment.
Of course, the more extensive a renovation is, the better it is going to be in terms of value. So if you really want to make a huge difference, you might want to consider renovating your kitchen, perhaps with custom kitchen designs that are going to stand out a lot. If you can do that, you might find that you are going to have a much better chance of actually being able to be happy with your kitchen, and that it is going to be so much better for value.
All in all, renovating is definitely an important thing to consider, and you might want to think about some of the things you can do to ensure that it is going to work as well as possible for your needs.
Fix Obvious Defects
From time to time, any home is going to develop a number of defects and problems that need repairing. And when this happens, you’ll want to make sure that you are going to fix them as soon as possible. These defects are a problem because they are going to be obvious to anyone who comes to view your home as a potential buyer, meaning that they will be less keen to buy. In a very real and direct way, therefore, you will find that you lose value on your home as a result.
So the solution is obviously to fix these obvious defects, and to do so as soon as possible – and also in a way which means you will be likely to actually be able to make the home look better too. If you can do that, it’s going to help a great deal.
But what kinds of defects are we talking about? Often they are small things that are so under your nose day to day that you don’t even notice. So you might find that you have a leaky tap or pipe that needs fixing, for instance. Or you might have a broken cupboard door or handle. It’s these small things that add up to create an impression of a less than perfect home.
Fixing those kinds of things will absolutely help to bring about more value in your home.
Work On The Entrance
The first impression that people get when they walk into your home is hugely important too. You should aim to do whatever you can to ensure that this is as good as possible. Mostly that means that you need to work on the entrance to your home, especially the front door and the first main hallway you come to as you step through it.
With the door, what you should aim to do is to ensure it looks fresh and new, and modern. So you might want to give it a lick of paint, for instance, or simply try to ensure that you are going to clean it up in time for people to view the home. Also, if it is broken or appears damaged, fix this as a matter of urgency – something you will probably also want to do for your own safety anyway.
When it comes to the hallway, declutter and clear it, give it a fresh lick of paint, and make sure it is inviting. You should think about the scent in the hallway too, and consider having pot plants around the place as well here.
With a strong entrance and first impression, the value will be considerably higher for any potential buyer.
Tidy Up
It sounds simple, but you should make sure that you are tidying up your home before you do anything else too, and certainly before you show anyone your home. If you can do that, you’ll find that you are going to have a much better chance of keeping your home looking great, and of therefore holding value in people’s minds. Remember: it’s only in people’s minds that value is created, so you have the freedom to make this higher relatively easily.
Declutter everything that you don’t need, and then make sure that you are keeping it tidy in general after that too. This is going to help a lot.
As you can see, it can actually be relatively simple to add value to your home. But you will need to make sure you are doing all of these things and possibly more if you want to have the best chance of increasing value in your home as much as possible. So it’s definitely something that you should be thinking about as you aim to do this.