There are plenty of reasons to want to boost your home’s value. Obviously, if you ever want to sell, you’ll end up making a greater profit if your home has features that make it worth more. But, you might also enjoy some upgrades to make your life more comfortable while you’re living there.
Most people believe their home value will rise naturally, and that’s usually a fair assumption. People tend to make upgrades and updates all of the time without giving it a second thought. But, almost any improvements you make will add worth to your property. So, when you upgraded your appliances or installed a new roof, you were actually boosting the worth of your home for the next potential buyer.
If you really want to focus on adding value to your home, however, it can be helpful to think outside the box.
With that in mind, let’s look at four alternative tips you can use to add value to your home without having to make a large upfront investment.
1. General Upkeep
Something as simple as cleaning and decluttering can actually make a big difference in your home’s value.
When you take pride in your property, it’s about more than just keeping things off the floors. Regular cleaning and disinfecting can boost the longevity of your home and keep things looking new – even if your house isn’t! Take time to focus on each room, use natural disinfecting products when possible, and try to maintain the natural look and charm of your home by creating a cleaning schedule that allows the features of your house to really shine.
By keeping things in your home nice, clean, and well-maintained, you’re more likely to attract buyers, and they’re more likely to pay your asking price since they won’t have to worry about a lot of initial clean-up when they move in. In a world where COVID-19 is still on the tip of everyone’s tongue, cleanliness and sanitation are more important than ever, even when it comes to real estate.
2. Take on Trendy Projects
If you’re specifically looking to add value to your home, take a look at current design trends. You can see what’s popular by checking out:
- Home design blogs
- Renovation television shows
- Social media
- Remodeling/renovation YouTube channels
Even looking at other houses that are currently for sale can give you a better idea of what’s currently trending that can add more worth to your home. Currently, the home improvement projects that can add the most value include things like kitchen remodeling, open floor plans, and finished basements. With people spending more time at home, functional space is important! Even redefining certain rooms and changing what they’re used for (ie; turning a spare room into an office) can make a big difference in overall appeal.
3. Make Things Energy Efficient
Sustainability is more than just a current trend. As more people understand the importance of saving energy, they want to make sure they’re leading sustainable lifestyles at home. Plus, most people know that they can save money on their utility bills in an energy-efficient home. A few easy ways to make your home more energy-efficient include:
- Purchasing energy-saving appliances
- Using “smart” technology, including thermostats
- Installing energy-efficient windows
- Replacing toilets and sinks with low-flow fixtures
The average UK electric bill in 2020 was 696 British pounds. It’s a cost that has seen a continuous rise over the last ten years and shows no signs of slowing down. So, by taking on projects to make your home more energy-efficient now, you’ll save money on your utility bills while adding value to the future if you ever decide to sell.
4. Consider Curb Appeal
One of the easiest tips for adding value to your home is to focus on first impressions. Curb appeal really is important, and it can instantly influence a potential buyer’s opinion of your home before they set foot inside.
Thankfully, upgrading your landscaping and outdoor space can be fun and rewarding, as well as valuable. Some of the best upgrades either you or a landscape contractor can make to your landscaping that will also add value include:
- Maintaining your lawn
- Installing an irrigation system
- Making your landscaping low-maintenance
- Planting trees
- Cultivating a fun outdoor space
Again, with people spending more time at home, getting outside and enjoying time with friends and family has become more important than ever. Focusing on creating a comfortable outdoor “living” space can make a big difference for people who like to entertain.
As you can see, it doesn’t have to take a lot of time, effort, or even money to add value to your home. Whether you enjoy these upgrades on your own for years or you’re trying to boost the value now to get your house on the market, these are great options that will make buyers eager to dig deeper into their pockets.