Simple Ways to Increase Your Home’s Value

Are you considering selling your home or just looking to increase its value? Great news–there’s actually a lot of simple, budget-friendly upgrades that can pack a punch without breaking the bank. Whether you’re planning to put your home on the market soon, or just want to turn heads on the block, these tips can help boost your home’s value.

Upgrade Your Appliances

Older appliances may still do the job, but they could also be draining your wallet. Energy-efficient upgrades to your appliances not only save on utilities, but can also impress more eco-conscious buyers. Trading in your outdated washer, dryer, or fridge for newer, energy-saving models can modernize your home and increase its value almost instantly!

Look For: Appliances with the ENERGY STAR label–they consume far less energy and can be a great selling point for many environmentally-focused buyers.

Simple Energy Upgrades

• Check out smart thermostats like the Google Nest.
• Prevent drafts by sealing up doors and windows.
• Install LED lights to reduce energy consumption throughout your home.

While investigating these upgrade options, see what rebates your state may offer for energy-saving home improvements–it’s a win-win scenario!

Freshen Up Your Landscaping

You never get a second chance to make a first impression–and bland, uninspired landscaping can sink your home’s perceived value in the eyes of some buyers. However, you can catch a buyer’s eye by adding new plants, flowers, and fresh mulch for a burst of color, or install solar-charged pathway lights for a cozy glow at night.

Did You Know? A study conducted by Virginia Tech states that a well-landscaped lawn can potentially boost a properties’ value by 15%. 

Finally Get Around to the Basement

If your basement isn’t finished, think of it like a treasure trove ready to be discovered. Turning your unfinished basement into a cozy living space, gym, or entertainment room has almost a 100% greater return on investment. Buyers love added usable space, so why not try:

1. Installing insulation and drywall for a more refined look.
2. Add vinyl plank flooring–both stylish, durable, and cost-effective.
3. Put in a home theatre or game room to make an impression.

If you’ve been on the fence about finishing your basement, take out a loan or use your extra cash to complete this upgrade, it will pay off in dividends later.

A Fresh Coat of Paint

Don’t underestimate the visual impact of paint–a new coat can totally transform any room, making it look brighter, cleaner, and pleasantly inviting. Touch up baseboards and trim to achieve a shiny finish, and use premium, washable paint for high-traffic areas–it will add value with just a few brush strokes.

When painting, also consider applying one neutral color which will make it something a buyer can easily envision their furniture and less likely to clash.

Decluttering Your Space

That collection of snow globes and Christmas ornaments may be the apple of your eye, but buyers may not be the biggest fans. When showcasing your home, think “less is more”, so declutter and stage your space by cleaning off countertops, shelves, and rearranging furniture to open up rooms. Maybe add inviting touches like plants or throw blankets–cozy, but not too personal.

Invest in Small Renovations

There’s no need to completely overhaul your kitchen, or add an entire new room in order to increase value. Sometimes, the slightest touches can make the most difference and you can invest in small renovations over time to gain impressive returns. It doesn’t have to be complex, think of it as mini upgrades for maximum effect.

Start with light fixtures and cabinet handles, swap them out for newer, sleeker designs. Maybe install security cameras or other smart devices for tech-savvy buyers, and it doesn’t have to be too “sci-fi” or expensive to earn big returns when it’s time to sell!

Find the Right Real Estate Agent Near You

With a bit of creativity and effort, you can impress buyers (or just your neighbors) and watch your home’s value soar. Once you see this increase in value, finding the right real estate agent can make all the difference.

Encinitas Realtor Linda Moore has the experience and proven track record to show how you can boost your home’s value potential and find your next home today!