8 Upgrades to Increase Your Home's Value

8 Upgrades to Increase Your Home's Value

8 Upgrades to Increase Your Home's Value

If you are considering some home improvements, it is important to know the ones that will increase your home value. We have developed a list of home upgrade recommendations that will benefit you in the long run and increase your home value and investment.

Image of a home office.

Build a Home Office

Due to the COVID-19 pandemic, the rate at which people now work from home has increased dramatically. Having a home office in your house is an important feature that buyers are looking for during their home hunt. Many current buyers care more about having a home office than they do about buying a home that is move-in ready or minimum square space. When doing your home renovations, consider creating or renovating a home office to impress current buyers. Adding a home office will likely increase your property value and help sell your home faster.

Image of a washing machine.

Enhance Home Fixtures and Appliances

Installing new faucets, drawer knobs, dishwasher, dryer, washer, or any other frequently used appliance will add value to your home as well as impress potential buyers. Both inexpensive and pricier upgrades can make a huge difference when selling your home.

Image of a finished basement remodel.

Finish Your Basement

If your home has an unfinished basement, it is a great idea to convert this part of your home into livable space. Whether you convert your basement into a home office or a space for entertaining, buyers will be very impressed with this decision and upgrade. Finishing your basement is sure to add value to your home and will also add livable square footage to your property.

Image of an HVAC system.

Replace an Old HVAC System

Buyers are often concerned with how old the current HVAC system is when shopping for a new home. Installing a new HVAC can be expensive, but it will ultimately add to the value of your home.

Image of an open floor plan.

Open Up Your Floor Plan

Open floor plans are very popular among buyers and is a characteristic of a home that buyers typically look for when touring. Buyers love to see open space to work as well as a space to entertain. Open up your floor plan by knocking out the right wall to create a more spacious layout. Consider consulting with a contractor interior designer before taking out the sledgehammer.

Image of a beautiful house.

Enhance Your Curb Appeal

Curb appeal is extremely important when it comes to selling your home. You want to entice buyers before they enter your home for a showing. Attractive landscaping implies that you take good care of your home and maintain your outside space. Cut your grass, fertilize the law, cut your weeds, add some flowers for color, and give your trees and bushes a trim.

Image with colorful paint.

Touch Up Your Exterior Paint

No need to completely repaint your entire house, but touch up any flaking or chipped paint, paint the front door and trim, and touch up the mailbox. If you decide to completely change up the paint color of your front door choose colors such as powder blue, forest green, or a light yellow. These colors look great against a neutral exterior.

Image of a fire pit outside.

Install an Outdoor Fireplace or Fire Pit

Outdoor fireplaces and firepits are very popular features that buyers like to see when shopping for a home. It is an added addition that adds value to your home and impresses buyers. A fireplace or fire pit provides a cozy place for friends and family to gather when evenings get chilly and a perfect place to entertain.

Now that you have some tips on how to increase your home's value, it is time to start thinking about your next steps. Are you planning on buying a new home after you sell your current one? Contact AnnieMac Home Mortgage today to get started on your preapproval application!