There are a few ways you can maintain and increase the overall value of your home. Some of these ideas may even surprise you!
Increasing the value of your home is important for many reasons. For one thing, a home that has value is generally a nicer home to live in. If you are constantly keeping up with maintaining your house then you won’t end up living in a home with problems. You’ll also be more likely to make a profit if you ever sell your house. The work of homeownership doesn’t end when you buy a home. There is home upkeep to remember so that your house doesn’t fall into disrepair.
Make Home Improvements
One of the best ways to add value to your home is to make improvements to it. There are many ways you can go about optimizing your house. Maybe you have an unnecessary wall to take down or layout that just doesn’t work. These kinds of improvements have to do with the ideal traits of a perfect home. Some of the characteristics of a perfect house are things you can’t change, like location, but many things you can change to make your house fit a perfect mold. Here’s just a few things you can think about improving to make your house more marketable and therefore more valuable:
- Solar panel roofing
- Safe neighborhood
- Privacy from neighbors
- Open floor plans
- Indoor and outdoor entertainment areas
- Room for guests
- Master bedroom with a private master bathroom and walk-in closet
- Minimal landscaping
- Finished basement
A lot of homes in America are 40 years old, meaning that many of them are due for a little renovation. Ideally, you should make renovations to a house about every 10 years, according to Zillow. Don’t let home renovations go too long without management, because you might not recognize it, but that 40-year-old carpet needs to go. Important home renovations you should undergo about every 10 years include:
- Replace carpets
- Replace the hot water tank
- Update ceiling fans
- Get new appliances
- Repaint the interior and exterior of the house
Another popular way to renovate your home is to redo your kitchen with new cabinets and countertops. If your cabinets aren’t too bad, you can even just repaint them or sand and stain them to give your kitchen cabinetry a new life. You can also add long-term value to your home by replacing your floors with real hardwood and by using the same flooring throughout.
Don’t Forget the Exterior
Never forget the importance of your home’s exterior. The paint, the shingles, the porch, the front and back yard, are all important to selling your home and giving it maximum value. The same thing applies to landscaping as well. Adding in pavers, trees, and gardening boxes can improve the worth of your property too. Fences for more privacy will likewise contribute to the estimated value of your property.
When it all comes down to it, adding to the value of your home is an investment that you make. It is an investment well worth making, especially if you are going to need to sell your house later. You can even do a lot of home maintenance yourself! You can work on your house over weekends or whenever there is spare time. By investing in the value of your home, you are increasing the worth of what is likely your greatest asset.