For most people their home is their biggest investment, so when you buy a home, you want to see it grow in value. There are many things you can do to nudge that value up. While they’ll cost you some time, effort and even money, they can make your home more comfortable, more beautiful, and more valuable.
You may be thinking that your home is already comfortable and beautiful and that it doesn’t need much work. That’s great! But what about your yard? Is it up to par? A neat, attractive yard can add value to your home. Do you know, for instance, how trees affect property value? Well-placed trees that are disease-free, trimmed and flourishing can indeed raise your home’s worth.
Keep your lawn neatly mowed, too, and trim hedges and bushes. You may even want to plant flowers or do some basic landscaping. No need to get fancy unless you want to, but your yard should look like you spend time taking care of it.
Your Home’s Exterior
When your yard is in great shape, turn your attention to your home’s exterior, including elements such as custom windows and doors. A fresh coat of paint can boost value. You may also choose to install vinyl siding that doesn’t require regular painting. Check out your home’s roof, too. You certainly don’t want leaks, so replace worn shingles promptly, and if your roof is over twenty years old, consider replacing it entirely. Inspect your windows and doors, downspouts and gutters and outdoor lighting. If anything is worn or broken, replace it.
Also, pay attention to your outdoor living spaces. If you have a porch or patio, make it as attractive and usable as possible. Add some comfortable seating with bright outdoor fabrics. Put up an umbrella table or hang a porch swing. You might even bring in a portable fire pit for cozy evenings toasting marshmallows and telling stories.
Your Home’s Interior
There may be all kinds of little chores you can do in your home’s interior to raise its value. Painting always brings freshness to a room. Choose your colors carefully though, especially if you’re thinking about selling in the near future. Your style may turn off potential buyers and lower your home’s value if you get too crazy.
Kitchens and bathrooms are major sources of potential value for your home, especially if they are rather old and shabby at the moment. Be aware that these upgrades can be expensive, so work in stages, and do a little bit at a time. You might start by freshening up the kitchen cabinets with new fronts or even new hardware if you can’t afford to replace them. Over time, you might switch out your appliances, update your lights and flooring or install a new sink.
In the bathroom, replace fixtures and lighting for a new look. Later, you might consider installing a new tub and/or shower or choosing a new vanity. These upgrades can increase the value of your home and your enjoyment of your bathroom retreat.
Your home is your sanctuary, so make it as comfortable and cozy as you can. The more you improve, the more your home’s value will rise.