While some factors that influence a property’s value are out of our control, i.e location and the real estate market supply and demand, continuous living in a property leads to value depreciation over time.
For this reason, we are forced sometimes to take on home improvements and renovations to keep increasing or maintain our property’s value.
In this article, I am going to share some of the improvements you can make to your home to increase its value.
1. Kitchen upgrades
The kitchen is the heart of every home. This is where we get our daily nourishments and in most families, a place to interact, cook and share a meal.
Real estate agents will confirm to you that one of the number one lists of priorities for most property buyers is having a fully functional and up-to-date kitchen.
This, therefore, means that to get the most out of your properties’ value, you need to put some work in the kitchen.
The following are some tips from me to upgrade your kitchen;
- Upgrade your kitchen accessories
- Increase storage spaces
- Repaint to a new and neutral paint
- Use more sustainable and long-lasting kitchen appliances
- Improve on the kitchen lighting
- Install a kitchen island if you don’t already have one.
2. Bathroom remodel
The second room I find equally as important as the kitchen is the bathrooms.
There are a lot of new bathroom ideas you can use to improve your bathroom that subsequently leads to an increase in property value.
- Repair or replace broken and non-functional bathroom equipment
- Install a jacuzzi
- Increase the storage spaces for your toiletries
- Switch to a double vanity
- Mirror upgrade
- Consider switching to a smart bathroom
3. Front yard and backyard landscaping
The outlook of your home also matters when it comes to the general property value. The front yard is the first thing that you, your guests, and a potential buyer sees when they step foot in your home.
You want it to look appealing to the eye.
A lot happens in the backyard of a home. For one, this is the place you sit on a lazy afternoon and relax while watching the sun go down or your dog playing.
Some home improvements you can undertake for your front and backyards are;
- Get some outdoor furniture
- Fence the area around your house
- Plant flowers and plants
- Grow a garden to make your home more sustainable
- Build an outdoor playing set
- Create an outdoor dining area
4. Home insurance
Is your home prepared for a disaster? Are you in a financial position to cater for home damages?
Well, most homeowners are not. That is because a majority of homes have home insurance policies that cover these types of damages.
Buying a home insurance policy is by far one of the best home improvements you can take. The insurance will ensure that come to a disaster, say floods, earthquake, storm, or any sorts of listed peril your insurance company will cover.
If your home doesn’t already have one, you should make plans and get one. To give you a headstart, you may consider visiting Us-reviews.com.
There you will find a list of home insurance companies reviews. Go through other peoples’ feedback on the best home insurance policy to take before deciding what company to buy a policy from.
5. Roof repair or replacement
Roofing is one other thing that helps boost a homes’ property value.
A lot of American home roofing is damaged winter season or when there’s a hurricane.
Constantly checking to make sure that you can withstand the changing weather and significantly help to reduce the cost of repairs, will do a great deal in improving your home’s value.
Installing gutters and downspouts right before winter will save your home from potential water damage.
6. Improving the energy efficiency of the home
Everybody wants to live in a home that is energy efficient and sustainable.
A significant percentage of home costs go to energy.
Just to mention a few different uses of energy in our homes; energy used in cooling and heating, the water heater, appliances like washer and dryer, kitchen appliances, lighting, and many more.
Some of the ways you can help reduce the cost of energy in your home are by the use of energy-efficient appliances in the kitchen and bathroom. You may also use smart power strips.