Home improvement projects let you boost real estate
value in preparation for a sale and increase functional space. But with so many options available, finding those that work for your budget may seem difficult. Here’s a closer look at the most common upgrades you can make to attract potential buyers to the property.
4 Ways to Increase Real Estate Value
1. Install Stainless Steel Appliances
As the heart of the home, the kitchen should be one of the first places that receive a face-lift. That's why it's smart to install sleek stainless steel appliances, which are both modern and easy to maintain. The new installations will provide perfect functionality and reassure homebuyers of the quality of their investment.
2. Apply Fresh Paint
Colors tend to fade over the years and can leave a room looking slightly worn. Applying a fresh coat of paint will liven up space and give it a welcoming appearance, which could encourage a higher price for the property. Stick with neutral tones, as they appeal to a wider audience and complement a variety of decor.
3. Increase Living Space
Utilize the outdoor space to create additional living areas for the family and keep the home from feeling cramped. Patios and decks feature open, flexible designs so future homeowners can make the spaces their own. Stage these areas with outdoor furniture to show homebuyers the potential there.
4. Include Smart Devices
Technological upgrades will instantly lower your home’s energy use, keeping it from wasting power while ensuring your comfort. For example, programmable thermostats feature sensors that constantly monitor the indoor atmosphere. They’ll alert the system when there’s a change in temperature and switch it over to fan mode once it reaches the optimal range. You can also set the thermostat on a schedule to conserve energy while you're away from home. This convenience will attract eco-conscious home buyers and those who want to save on utility bills.