Uploaded on Jun 14, 2023
The real estate market is extremely competitive. Here’s how to increase your home’s value and make sure it stays attractive to potential buyers and tenants. Learn more at https://levelfinancing.com/how-to-increase-your-homes-value/
Here's How to Increase Your Home's Value
H E R E ' SH O W T O I N C R E A S E Y O U R H O M E ' S V A L U E B Y L E V E L F I N A N C I N G The real estate market is a very competitive environment. Whether you have bought a property while living there or simply as an investment, it’s always wise to take proactive measures to preserve or increase its value over time. Not doing so may expose you to the risk of losing money when it’s time to sell or rent. In this article, you will find some great tips on how to increase your home’s value and attract more potential buyers and renters. Making your home more energy efficient can lower utility bills, thus making your property less expensive to manage. This can be a crucial factor in attracting potential buyers and tenants. Here are some practical ways you can make your home more energy efficient: installing LED lighting; installing energy-efficient appliances; sealing any air leaks in your windows and door. All other factors being equal, the more usable square footage in your home, the higher its market value will be. Here’s how you can achieve this result: converting the basement into a livable space; building an addition to the property; adding an outdoor living area or patio. Renovating the bathrooms and kitchen is another excellent way to increase your home’s value. These are two essential rooms in any home, so it pays to invest in improving them. Bathroom renovations include adding steam showers, modern fixtures, and updating tilework, while kitchen renovations can include new countertops, cabinets, and appliances. The more modern and comfortable your bathroom and kitchen will be, the more attractive your property will be to buyers and renters. Giving your walls a fresh coat of paint can do miracles in increasing the attractiveness of your home. A bright, neutral color palette will appeal to most buyers and give your property the new lease on life it needs. Make sure the paint you choose is of high quality. Painting your home will also help protect the walls from any future damage, making it easier to keep your home looking neat and inviting. Access control solutions can make your property safer, which is a big plus when it comes to market value. Such solutions include smart locks and video doorbells. You can also install access control devices that can be controlled remotely. For example, you can use a smart doorlock to grant access to rental guests, which is beneficial if you plan to use your property as short- term rental. Another way you can make your house safe is by installing smoke and carbon monoxide detectors. These life-saving devices can alert you of any potential danger and protect your property from costly damages. Installing these detectors is also a requirement in many jurisdictions, so it’s wise to make sure you comply with these regulations. Smart alarms can alert you or the authorities of any suspicious activity. This can be a great way to deter potential break-ins and give your house the extra layer of protection it needs. Smart alarms also come with additional features, such as motion sensors and cameras, that can help you keep an eye on your property from afar. Insulation upgrades are another great way to make your home more attractive and energy- efficient by saving money on utility bills. Some of the most effective insulation upgrades include: adding insulation to the attic; installing energy-efficient windows; sealing air leaks in doors and windows; wrapping ductwork. T H A N K Y O U H T T P S : / / L E V E L F I N A N C I N G . C O M / H O W - T O - I N C R E A S E - Y O U R - H O M E S - V A L U E /
Comments