Whether you are looking to sell your home or build a new home, it is important to understand the value of your current or future home. Most people think that a home’s value increases simply due to time, in fact, two-thirds of the United States homeowners believe the value of their home will continue to rise over the next ten years. Some homes will increase in value simply over time, however, if you plan on selling your home there are certain upgrades you can make in order to increase its value. Here are a few of the little things, that make a big difference in the value:
Make it More Attractive
It is important that your home looks good from the street so that prospective buyers want to walk through the door and see more of the house. Simply planting flowers or repainting the front door can add just enough attraction to increase your homes value.
Make it More Efficient
Adding Energy conservation features can have a huge impact on your homes value. Not only does it increase your homes value but Energy-efficient mortgages often allow borrowers to increase their line of debt if they are using it to purchase a home with energy-efficient upgrades. Some energy efficient upgrades include: double-paned windows, enhanced attic insulation, LED lighting, efficient appliances and solar panels.
Make it Smarter
As technology continues to become part of our daily lives, homeowners are increasingly wanting safety-enhancing gadgets in their homes. Some of these smart devices include thermostats, fire detectors, carbon monoxide detectors, security cameras, door locks and lighting. Adding safety enhancing gadgets is easy to do by yourself and often does not cost more than $1,000.
Upgrade the Kitchen
Homeowners want their house to have a spectacular kitchen with plenty of space and new appliances. By adding a few simple things such as new countertops, flooring, new appliances, fresh coat of paint and updating the cabinets you can potentially increase your homes value by three to seven percent and will attract more potential customers.
If you have any questions about how to go about making these upgrades to your home, reach out to us here at Interstate Homes. Our focus is to look into the needs of the customer and together come up with the best plan of action.