Whether you are planning to sell your home right now or you have plans to do so in the future, there are a number of improvements you can make to add value to it. Even if your thoughts are not on selling just now, there is no harm in making some changes that would make your living situation more comfortable while also increasing the equity in your home at the same time. So, what are some of these changes?
Repair Any Structural Damage
Structural issues with a home can seriously affect its value. It is particularly important therefore to ensure that if there are any repairs that need to be made, you take care of them as soon as possible. If you leave things like mold and dampness, for example, they are likely to get worse and will either cost you more to repair at a later stage or decrease the value of your home should you try to sell.
Look around the exterior of your home for issues that may affect its price too. For example, sagging gutters can be easily fixed if you address the issue as soon as you notice it. On the other hand, say the experts at Global Gutter Systems, if you leave sagging gutters as they are until they completely come away from the roof, you might have to pay for a costly new rain gutter installation.
Add Another Room
If you have always wanted another room in your home for added convenience, be it another bedroom, a family room, or an extra bathroom, you should definitely give it some consideration. Whether you convert a cellar, garage, or loft or have an extension built, another room will almost certainly add value to your home.
Make Your Home More Energy Efficient
If your home has an old boiler, why not look into getting a newer more energy-efficient heating system installed? Having a more energy-efficient home can also include a solar panel system, smart lighting, and other smart features. Double-glazed windows can reduce drafts and will also make the home more aesthetically pleasing for potential buyers. Additional insulation in the loft space is also something worth considering.
Install a Swimming Pool
If you live in a sunshine state, then provided you have the space, a swimming pool is something that you and your family can take great enjoyment from; it will also add a significant amount to the value of your home. According to opendoor.com, an in-ground swimming pool can add an average of $31,100 to the value of a Tampa home.
Create a Driveway
Having off-road parking will increase the value of your home. If you currently don’t have this but have space at the front of your property, creating a driveway can be a wise move. The ability to park close to the front door is highly sought after, particularly by those with a young family.
Renovate the Kitchen
With most people spending much of their free time in the kitchen, this is one room that can make all the difference with potential buyers. If the kitchen is warm and inviting and allows for family living, it can be a huge draw for some buyers. The good news is that you don’t have to spend a small fortune renovating the kitchen if you don’t want to. Simply changing the cupboard doors and countertops can instantly give this room a new lease of life. If you do want a completely new kitchen, consider including a variety of storage options for added convenience and increased resale value.