If you’re a homeowner, looking to improve your property value can be an ongoing concern. Ideally, you want your property to be worth more than what you bought it for. To that end, home improvement can go a long way. Here we have six top tips that are sure to increase the value of your home.
Redo Exterior Paint
A fresh coat of paint can do wonders to improve the look of your property. Depending on its condition, this can be either a low- or high-budget job. Suppose you don’t have enough finances to paint the entire house. In that case, we suggest you do a recon of your property and identify areas with paint flaking off or patchy coloration due to sun exposure.
While you’re at it, make sure to use a neutral palette. It will add to the overall appeal.
Fix the Roof
From an investor’s perspective, a new roof is an effective insulator. It doesn’t let the heat penetrate when re-done using high-quality materials. It translates to reduced electricity bills.
Consider going a step further by installing solar panels. Doing so can increase property value by 3-4%. Moreover, properties with solar panels sell more quickly as opposed to homes without them.
Upgrade Windows and Doors
There’s no negating that this is an expensive undertaking, but it’s well worth the investment. Apart from adding aesthetic value to your property, upgrading windows and doors improves insulation.
Glass doors can let in more natural light. You can even consider adding a skylight to help liven up dull spaces that rely on artificial lighting.
Heat gained and lost through windows accounts for up to 30% of heating and cooling within the home. Energy-efficient windows are a viable option to counter this issue. They comprise 2-3 sealed glass panes. Each unit is encased in a frame made of wood or uPVC. There are gaps between the panes that contain either air or some inert gas, which manufacturers seal tightly.
By installing a steel door at the entrance, your property value will increase through energy efficiency. Steel doors are also durable, customizable, and easy to maintain.
Update Bathroom and Kitchen Fixtures
At the very least, you should replace existing fixtures. You’ll be surprised at the difference this can make.
You can install cabinets, get a brand new countertop, and perhaps a multi-functional faucet for the kitchen.
For the bathroom, you can get new sinks and lighting fixtures. It would also serve your property well if you install a walk-in shower because, for older people, tubs can be a deal-breaker.
Hardwood floors are the order of the day; they can increase property value by 3-5%. It’s no surprise as to why more and more people are doing away with carpets altogether.
There is also the option of engineered wooden flooring. It is durable, low-maintenance, and made of plywood coated with bamboo or another type of wood. Unlike hardwood, engineered flooring can be installed almost anywhere in the house, including below grade. This is what makes it a feasible option for any property.
Replace HVAC System
Nobody wants to buy a property where the HVAC (heating, ventilation, air conditioning) system hasn’t been replaced in decades. As a rule, all HVAC systems should be replaced every 10-15 years. This is one question all buyers ask frequently and can make or break any deals pertaining to your property.
If you’re looking for a consultation on your property in South King or Pierce County in Washington state, call Sensible Home Management today at (253) 236-0337.