By jordansflo26761441, Jun 1 2017 03:00PM
In our last few posts we talked about trends- but of course those come and go. Today let's discuss 8 things you can do that will always add value to your home.
1. Add/update your home office
As companies try to cut back on costs, millions of Americans now have the opportunity to work from home. This, combined with the fact that 57% of Americans have considered starting their own business, makes a home office a necessity rather than a luxury. Make sure there is plenty of storage space or built-in shelving, and lots of natural light!
2. Update the kitchen with neutrals
The kitchen is the first thing a new homebuyer is likely to change. After all, the kitchen is the heart of a home, and if it doesn't reflect your own personal tastes then that heart isn't very happy. Stick with more neutral colors (see our last post for the "new" neutral) and let your accessories add those pops of color.
3. Proper landscaping
The front yard and exterior of the house is the first thing potential buyers see. According to Bankrate.com, "a good first impression can add 5-10% to the value of your home". Make sure your lawn is well-manicured, and that the exterior siding/ shutter paint is not peeling or cracking.
4. Finish your basement- if there is one
Unfinished basements offer so much potential, however they can be overwhelming for prospective buyers if they aren't sure what to do with the space. Give them a headstart by finishing at least the walls and flooring. Add a bathroom, built-in shelving, or an entertainment area. However, try to avoid adding walls or hallways, as this can darken the space and make it look smaller.
5. Insulate the attic if you have one
Insulation will not only lower your monthly heating/cooling bills, but also help your A/C system run smoother, reduce noise throughout your home, and contribute to a healthier, more comfortable home.
6. Repaint the front door/shutters
As we mentioned with #3, the exterior of the house is the first thing potential homebuyers will see, and you only have 7 seconds to make a good first impression! Do avoid obnoxious colors (such as lime green) and make sure your front door and shutters either match colors, or complement each other.
7. Add storage where possible
We accumulate quite a bit of "stuff" over the years. Make sure each room has plenty of closets, shelves, cabinets or other storage types where applicable.
8. Invest in lighting
Spending between $100 and $400 on new fixtures, energy-efficient bulbs, and replacing unsightly windows or adding insulation (see #5 to learn why you should insulate!) can contribute to up to 300% ROI.
Things like updated roofing and plumbing, bright lights and fresh paint are always a good idea, but won't necessarily up the value because potential homebuyers expect those things to already be up-to-date.
We hope you enjoyed these tips! Stay tuned for our next post.