Your home is likely the largest investment you’ve made in your life and, as such, should be carefully guarded and nurtured to increase in value over time. That means enhancing your home to continually build equity and ensure maximum market value.
But not everyone has the funds to go all-out on a kitchen re-do or tack on an addition. Fortunately, there are many more affordable ways to improve your home and add to it’s value. Consider one of these suggestions from Real Simple and the experts at Zillow and Houzz.
Paint the bathroom light blue. Believe it or not, the right paint colors in certain areas of your home are known to increase the sales price. Light blue paint in the bathroom is one of them. Perhaps a reflection of the need for tranquility during pandemic times, homes with light blue bathrooms can fetch nearly $5,000 more when it comes time to sell, according to a paint-color analysis from Zillow.
Install a touchless kitchen faucet. If you’re a bit handy, you won’t even need to hire a pro to install a new kitchen faucet, and going with a touchless variety may gain you a 0.6 percent increase on your home’s sale price. The touchless faucet is a sign of the increasing popularity of smart home features, not to mention the increased attention on germ-free living.
Upgrade your lighting. Good lighting can indeed present your home in a whole new light. Replacing dated fixtures with dimmer switches will help show the many moods of your home and help enhance its positive features. Want to sell your home more quickly? Install a pendant light in the kitchen, says Zillow.
Declutter your space. This particular endeavor won’t cost you much more than sweat equity but will go a long way in improving the value of your home. Homebuyers covet space, so streamlining your closets, cabinets and living areas by getting rid of unnecessary belongings will work wonders in selling your home for the best possible price. Your organized home will feel larger and more manageable to would-be owners and therefore, more attractive. With that in mind, the investment in an organizing pro may be well worth it.
Extend your living space outside. No longer just a nice-to-have, outdoor areas are now considered an extension of a home’s living space. With that in mind, make sure your yard, patio or deck are both functional and inviting. Invest in engaging outdoor lighting, comfortable furniture and a cozy eating area where family and friends can gather. Setting the right outdoor scene can surely give your home’s value a boost.
