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How to Increase your Home’s Value

How to Increase your Home’s Value

If one is to go for the most stable investment in any market, it would be in properties. You have tangible ownership and it is only in rare instances that these decrease in value. Whether you want to build equity or sell it, you are assured of something that will keep on growing in value over time.

To give your home’s value a boost for better returns in the market, here are great home improvement tips to follow:

Add curb appeal

Make home exterior more appealing by repainting surfaces, keeping the lawn neat and tidy, adding a few plants, and making sure the entry way is as inviting as possible. These simple things can make a big difference when it comes to the overall look and your home’s total value.

Survey your house’s exterior to easily determine features to enhance and the ones to hide. Create focal points that will draw viewers’ eyes to the best parts of the house. For example, if your home has a beautiful stone pathway leading up to the front door, then emphasize it by adding flowers or some lights.

Get better lighting

With the proper lighting, a home can look more spacious and infinitely more inviting. Modern lighting fixtures instantly make the home feel more modern without becoming a distraction to buyers. Strategically-installed lighting fixtures give the right ambiance and highlight the home’s most attractive features.

Aside from installing new fixtures, you can also get more natural light into a living space by adding windows or installing a skylight. With more natural light filtering in, the home will seem brighter and create a livelier ambiance.

Install smart home features

Smart home technology has become one of the most sought-after features in recent years. The convenience smart technology gives the home adds to its value. These features range from smart security systems to smart home appliances.

Home buyers tend to look for houses with safety-enhanced features. Other devices can detect intruders and/or monitor high smoke and carbon monoxide levels. Once triggered, these can alert proper authorities.

Installing home devices that help lessen utility bills is also a great way to increase your home’s value. Make your home more energy efficient with smart thermostats like Nest and Honeywell which can automatically adjust your temperature whenever you leave or enter the house. Conserve water and save on your water bill by getting smart dishwashers and laundry machines.

Renovate your kitchen and bathroom

One of the most common and effective ways to increase your home’s value is by giving your kitchen and bathroom an upgrade. This could be as simple as updating some fixtures like sinks and cabinets or going the more elaborate route and changing the whole floor plan.

For the kitchen, it’s always best to invest in the latest appliances. Old appliances not only decreases functionality of the kitchen but makes it look dated as well. You could also add color by changing the backsplash or repainting the cabinets. Give special attention to the flooring and countertops.

When renovating the bathroom, focus on making it feel as comfortable as possible. The bathroom is more than just a place to take a bath, but a space where homeowners can relax and unwind. Simple improvements like changing the sink, countertops, tiles, and toilet can give your bathroom a new look.

If you want to make the most out of the renovation and get the highest value, install features like heated floors and tower rails, rain showers, a soaking tub, and the like.

Need more advice on how to increase your home’s value? Get in touch with Coldwell Banker Lake Chelan Properties, the #1 realtors in the Lake Chelan and Wenatchee area. Give us a call today at 509-682-7777. You can also send us a message at info(at)cbchelan(dotted)com.

Read more: Home staging tips to sell your home faster