It doesn’t matter if you’re trying to sell your home or not. Doing things that improve the quality of your family life and make your entire family more comfortable is always a good idea. The bonus is that, if or when you are ready to sell your home, those upgrades will also add to the value, allowing you to make more money on the sale. Here are 7 tips you can try that will make you more comfortable and make your home more appealing to potential buyers.
Sometimes it’s the little things that make the biggest differences in the long run. That definitely includes the concept of home improvements and upgrades. If you’re working with a tight budget, you’ll definitely want to focus on the little things.
One good example is to always keep up with basic home repairs. Keep an eye out for leaks, mold, and mildew. Fix them as soon as they appear. That way they won’t get worse. Fresh paint is another simple upgrade you can do at any time. Just remember that more neutral colors tend to add value. Bright or unusual colors might look good to your family, but could make others less likely to want to purchase your home in the event that you ever sell it.
Match the Kitchen to the Rest of Your Home
If you have the money, it can be tempting to completely remodel your kitchen and give it all of the latest and greatest appliances. While there’s nothing wrong with that, it’s still important to stay true to the general feel of your home and your neighborhood. For example, let’s say that most of your home is decorated with rustic or traditional décor. If that’s the case, having a modern, almost futuristic-looking kitchen is going to be off putting to potential buyers.
One way to make your kitchen fit your home is by using a paint color that seems to flow from the connected room. You should also make sure that the appliances are energy-efficient. That will save you a lot of money on your electric bill, while also making your home more desirable when it’s time to sell it.
Update or Add Bathrooms
Another part of the house that can definitely benefit from an upgrade is the bathroom. The two things to consider are functionality and your bathroom appearance. If it has outdated colors and fixtures, it might be time to bring it into the current decade by painting, tiling, and replacing the appliances. Taller sinks and toilets are both good options for today’s real estate market.
Another thing you should think about is the ratio of bathrooms to bedrooms in your home. If your home is built to accommodate a large family but only has one bathroom, you might think about putting in an extra half or full bathroom. You’ll need between 18 and 35 square feet of space to do that, depending on whether you want to include a shower or bathtub.
Consider Ways to Utilize Your Existing Space
If you’re thinking of adding an addition onto your home, think again. That can be a very expensive undertaking. But, that doesn’t mean you have to give up on the idea of an extra room. Instead, just think about how to create one in your existing space. Creating a garage, attic, or basement room or apartment can give your grown children their own space, or give you an added source of rental income, also adding value to your home in the process.
Make Your Windows Energy-Efficient
It might seem like energy-efficient windows are too expensive, but did you know that they could save you as much as $500 annually? Home buyers who look at your home after they are installed are also much more likely to want to by it. After all, home efficiency is a top priority, especially for buyers with tight budgets.
Insulate Your Home Well
Speaking of energy efficiency, adding energy-efficient insulation to your home is also a worthwhile investment. It might cost you less than $200 to insulate your attic, and the savings it will give you will definitely make that investment worth it in short order. Carefully insulate around doors, windows, cracks, and other openings for even more savings.
Make Your Yard Functional and Appealing
A final tip for improving the value of your home is to make your yard both functional and appealing. One way to do that is to install a deck. Of course, your costs will vary depending on the size and style of the deck. However, you can save a lot of money if you get family and friends to help you install it.