With the market almost always in flux these days, it’s important to spend your money wisely, and to make sure you’ll be able to get a great return on your investment in case you’d like to change your plans. In this blog post, we’ll be highlighting 4 simple, yet effective ways to increase the value of your home if you’re looking to sell, or even just increase the price of your assets.
- Put an Effort into Keeping the Paint Fresh
Nothing makes a home stand out more than an updated paint job. If we work so hard on keeping ourselves looking presentable in everyday life, it should be no question that one must do the same to their house. A fresh coat of paint, is guaranteed to make possible home buyers view your house in a different light. In a matter of minutes, you could make your home look brand new by painting over signs of wear and tear, stains, or even dents. Increasing curb appeal is essential to making sure your home retains its worth. With that being said, any rooms that seem to have an odd or antiquated color should be the first ones to receive some paint. So, pick fun and trendy new colors with intention that will make your home stand out above the rest.
- Give You Kitchen Some Love
It should come as no surprise that the kitchen is one of the main rooms that prospective home owners obsess over when looking for a new house. It has been proven that if your current kitchen is slightly outdated you could be taking a large ding on the overall value of your home when it sells. We understand that a kitchen remodel can be a daunting feat, not only in terms of money but also time. However, statistically speaking, an updated kitchen could garner an ROI (or Return on Investment) of almost 93% in the state of California, which is nothing to scoff at. Changes to your kitchen layout, materials, and utilizable space could ultimately make your original investment a lot more fruitful.
- Increase Your Usable Space
Generally speaking, the value of your home relies on three factors: the amount of utilizable square footage, location, and the overall condition/quality of your home. While the location of your home may have been something you really thought about during your initial purchase, it isn’t something you can completely control when it comes time to sell. Neighborhoods change for better or for worse depending on the passage of time, however square footage is something you are totally in control of. You could create a garage addition, an ADU, or even another bathroom in your home to raise its total value. Homeowners who do this realistically increase the value of their houses from $200,000 – $500,000 depending on the size and scope of the project they pursue. At Built to Perfection we specialize in Additional Dwelling Unit construction and much more, all while providing financing options so that you can get the absolute most out of your dollar.
- Clean Up!
It’s absolutely essential that when you decide to put your home on the market or to get it valued, that you’re representing the cleanest and tidiest version of what your home can be. Professional cleaning services for the average size home can be quite cost effective in the long run, sitting on average at around $175 to $250 for a 4 bedroom household. In order for you to get the most out of your home, it needs to remain clean and staged throughout the buying process. While a “lived in” home is also a draw for buyers, people want to be able to visualize the life they will be living in it, not the one you created within its walls. While this may sound sad, if you’re looking to improve the ultimate resale value of your home, it’s a necessity.
With these tips, we are sure that you can get the most out of your house, and hopefully make some incredibly intelligent home investment decisions . If you have any questions about how to carry out these steps you can give us a call at (888) 955-0535 or visit the contact page on our website and speak with an operator.
Written & Edited by Sam Hulsizer at Built to Perfection, Inc.