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8 Ways to Boost House Value

by Ian Phillips

Whether you have owed a home for a long period of time or you are a brand new homeowner, at some point it would be wise to invest in your home to capitalize on its value. Here are 8 best value home improvements, whether you are selling now or in the future.

Create Space

One of the number one things buyers want right now are wide open floor plans, with large living spaces; the living room right off of the kitchen. Knock out a non-structural wall, or even remove that kitchen island; anything that will open up the space and create a sense of flow in the home.

Prune and Landscape

Landscaping your home is one of the top three investments that bring the biggest returns. When a home is overrun with plants and trees, to the point where the home is hidden, that is a big problem. If buyers can not see what they’re getting, they just move right along.

Let in the Light

Finding a way to brighten your home significantly increases a home’s appeal. Using can lights with dimmer switches or boosting the natural lighting with sun tubes and skylights are easy ways of bringing warmth and space to you home.

Maintenance

It is easy to disregard basic maintenance and upgrades around the home because of financial reasons or convenience. However, spending a few hundred now can save you thousands of dollars down the line. Insulate the attic, repair plumbing leaks, replace rusty rain gutters, inspect the furnace and the septic system, replace or repair leaky windows, install storm doors, weed the flower beds. Fix it now before it is a problem.

Go Green

Investing in solar power not only helps you, but also helps your local and global community. For $7,000 for the unit and installation, with $2,100 back in green tax credits, a solar-powered water heater could save you as much as 80% on your water-heating bills.

Front Door

Don’t underestimate the power of a front door. People typically make up their minds in the first seven seconds of entering a house. Buyers like a working doorbell and some sort of awning or portio to protect from the elements. Make sure your front door is welcoming because first impressions are everything.

How are the Floors?

Don’t undervalue the materials you’re standing on. Installing new hardwood floors in a home can instantly bring return value. Other small projects with a big impact include repairing broken tile, patching damaged floor boards, and tossing out the wall-to-wall carpeting.

Kitchen and Bath

Real estate brokers will all say the number one thing you can do to add value to your home is refurbishing the kitchen and bathrooms. Now these kinds of improvements can get expensive, so it might not be economical to do a major renovation if you’re trying to save as much money as possible. However, some upgrades are cheap, easy, and fast, such as, replacing frosted glass for clear glass, clean the grout, remove rust stains, apply fresh caulk, update doorknobs and cabinet pulls, replace faucets, and install a low-flush toilet.




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