When it comes to increasing your home value, there are a lot of things to consider and plenty of questions to ask yourself.
What are the things that directly impact the value of your home? What improvements around your home can provide the best ROI? What should you be focusing on when it comes to increasing the value of your home?
And the list goes on.
We had an expert source, Chris Estes of Top Notch Homes in Texas, answer some questions we had about increasing the home value, which you can read below:
First Impressions Are Important!
Have you ever heard the phrase about the mullet hairstyle: business in the front, party in the back? Well, this mindset is quite effective for homeownership as well.
The front of the house is what really matters and is 75% of what can make your home look better and increase its value. If you have any type of budget to spend on your home and your main goal is to make it look better for selling, then using it to do something on the front of the home is your best bet.
Ideas for increasing your home value by improving the front of your home include:
- Front door. This is a centerpiece of your home and has big implications for how it is perceived by the outside world. As you walk or drive by, your eyes go to the front door immediately, so it will play a big part in the overall look. Invest in a new door, color your current door a color that will stand out, and make sure your hardware is modern.
- Landscaping. Obviously, this is key. If you want to make your home look better, you should add more fancy landscaping and make sure the current landscaping is trimmed, healthy, and attractive.
- Decorations. Some gentle decorations to the front of your home can make a difference and is my final tip. It doesn’t have to be much – in fact, please don’t go crazy with things – but some seasonal decor items, lights, and other things like this can make your home look nice.
As much as you might hope, most people probably won’t see the back and sides of your home. They will focus on the front and base their opinion on your property from these areas, so just focus your efforts there. This is what will make the difference.
The Bathroom Is An Important Part of Your Home
The bathroom is a very important room in your home and will impact your home value in a big way. Specifically, the bathtub and shower can positively impact your home and improve its value.
These days, the shower/tub must be useful as well as beautiful these days. You can longer purchase an ugly, cramped shower with fogged glass and place it in the corner. This used to be done and you’d almost just ignore the ugly, large item in the corner that you know you’d probably hate. Now, large panes of clear glass and expensive tiles are being used to design beautiful showers that really stand out when you enter the room.
The Kitchen Can Drastically Improve The Value Of Your Home
It goes without saying that the kitchen is one of the crucial aspects of any home. When you’re viewing a home to potentially buy it, you immediately head to the kitchen. And whatever you see there is a major influence on your overall decision for that particular property.
It’s not just one part of the kitchen that matters. It’s the entire thing and the sum of all its pieces that really influences its impact and the potential value it adds to your home – or how much it may devalue your home.
When focusing on the kitchen, the most important elements are the appliances, the age of things like your countertops and cabinets, the size you have to work with, its functionality, and the overall appearance.
Finally: Adding Living Space To Your Home is An Asset
More space is one of the biggest things you can offer potential buyers, which means that completing an unfinished basement or something along those lines can make a big difference in the value, as well as the number of interested people in the home.
If you can finish your basement to provide more natural, usable space, then you will increase your home value in a big way. Turn it into a potential office space, a large room for children to play, an extra bedroom, or just a place to sit and be alone. This is my #1 way to increase your home value in a big way and can be done at an affordable rate but, at the same time, can make a big impact on your home’s value.
Read more articles on Needlycare about caring for your home and improving its value!