Did you recently discover that your home is worth less than you thought it was? If so, then you might be trying to figure out some ways to increase house value right now, especially if you’re thinking about selling your home sometime soon.
Fortunately, you shouldn’t have to work too hard to do this. The real estate market is so hot at the moment that you shouldn’t have any issues when you attempt to increase home value. Doing even the smallest things to your home could boost house profit when you go to unload your home to the highest bidder.
There are, however, some home improvement projects that will build house value better than others. If you’re interested in learning how to increase house value, you should consider taking one of these projects on.
Here are eight ways you can increase house value in no time at all.
1. Replace Your Roof
Is the roof that hangs over the top of your home on the older side? If it is, replacing it might be a great way to increase house value in a hurry.
To be clear, replacing a roof is not going to be cheap. You might have to pay well over $10,000 for a new roof.
But replacing your roof is going to benefit your home in so many ways. It’ll make your home look better from the outside, make it more comfortable on the inside, and improve its energy efficiency by leaps and bounds.
It’s why roof replacement offers so much bang for your buck in terms of return on investment. You’re going to be able to increase home value fast when you put a new roof into place.
2. Install New Windows
In addition to kicking around the idea of replacing your home’s roof, you might also want to tinker with the thought of replacing your windows. You’re going to want to think about doing this if you have older windows in your home that are letting air and moisture leak in and out.
Just like with a new roof, new windows are, first and foremost, going to improve the appearance of your home. You’ll notice that it will look so much better when you have new vinyl, wood, fiberglass, or aluminum windows in place.
But new windows will do so much more than just make your home look amazing. They’ll also seal it up tighter and keep it comfy inside. They’ll cut down on how often you’ll have to use your HVAC system as well.
All of these things are going to add up to increased house value. You can bring the value of your home up quite a bit in most instances once you’ve had window replacement performed.
3. Put Up New Siding
Replacing your roof and replacing your windows are two easy ways to improve your home’s appearance while also insulating your home more effectively. But you shouldn’t sleep on the idea of replacing your home’s siding if you’re serious about giving your energy efficiency a big boost.
Older siding isn’t going to be able to set your home up with the insulation that it needs at all times. That’s inevitably going to result in it being either too warm or too cool in your house almost all the time.
New siding will change all of this in an instant. It’ll insulate your home better than it is now while also propping up your home’s curb appeal and making you proud to show your house off.
Installing new siding may call for you to make a large investment in your home. But you’ll get that investment back when you increase house value with your siding.
4. Hang a New Garage Door
The garage door that you have hanging up in your home is important for a number of different reasons. It’s obviously one of the first things that most people will see when they drive or walk past your home since it’s so large, which makes it a key part of your curb appeal.
But even more importantly than that, your garage door is designed to keep your garage and everything in it safe. To a larger degree, it’s also designed to stop people from being able to access the interior of your home.
If you don’t feel as though your garage door is delivering everything that you need it to these days, you should consider hanging a new garage door in its place. A nice, sturdy, beautiful garage door would be the best option for those interested in figuring out how to increase house value.
5. Renovate the Kitchen
When you go to sell your home one day, you’re going to have lots of people walk through it to see what it’s all about. And do you know which room most of them are going to flock to first when evaluating your home?
As you can probably guess, it’s going to be the kitchen! The kitchen has turned into the most important room in most homes because of all the different ways in which it’s used. This means that you’re going to need to have a fantastic kitchen to capture people’s attention when selling a house.
If your kitchen has seen better days, you can increase house value by renovating it right away. You should go all out in your kitchen to make it look its best and function better than it does now.
You don’t necessarily need to run out and spend $50,000 (or more!) on a new kitchen to add value to your home. But you also don’t want to cut too many corners while you’re in the process of breathing life back into your kitchen space. The money that you invest into it will undoubtedly increase its value.
6. Remodel a Bathroom
Renovating a kitchen is, hands down, the simplest way to increase house value if you’re going to focus on improving the interior of a home. But remodeling a bathroom is a close second.
If you have a bathroom in your house that is very outdated, it’s 100% going to bring the value of your home down. And it’s going to continue to drag it down until you do something about it.
With this in mind, you should try to stay on top of remodeling your home’s bathrooms on a semi-regular basis. It’s not something you’ll need to do every 5 or even 10 years. But if you let a bathroom linger for 15 or 20 years, you’ll be asking for trouble.
The better thing to do would be to schedule routine bathroom upgrades and full-scale remodels every so often. It’ll ensure that you’re increasing your home’s value over time rather than letting it fall.
7. Upgrade Flooring
The floors that run throughout your home will be some of the first things that people see when they’re walking around in it. Whether you have wall-to-wall carpeting in your home or hardwood floors, people will take notice of your flooring.
In fact, you could make the argument that your home’s flooring might make or break it when you go to sell your house one day. If you have old, dingy carpets in one part of your house or hardwood floors that are all scuffed up, it could make your home less attractive in the eyes of buyers and make it less valuable.
8. Paint the Walls
One of the things that you’ve likely noticed by now is that you’re going to have to be prepared to spend money to increase house value in most cases. It sort of just comes with the territory when you’re attempting to make a house worth more.
But with that being said, there may be a few things that you can do to increase house value without breaking the bank. Painting the walls in your home is one of them.
If you can find a few weekends to paint all the walls throughout your home, it’ll make a huge difference in the appearance of your home. If you play your cards right, it’ll also make a huge difference in the value of your home.
Taking on an interior painting project might not add as much value to your home as, say, replacing the roof or renovating the kitchen. But it’s a cost-effective task that you can take on to increase home value without spending a small fortune.
You Can Increase House Value by Doing Some of These Things
Buying a home was one of the biggest investments that you ever made. So you should actively work to protect your investment by finding ways to increase house value all the time.
Regardless of whether you plan on selling your home soon or not, you should always keep an eye on your home’s value and do what you can to keep it trending in the right direction. You won’t have to worry about its value dipping at any point when you take this approach to things.
Get your hands on some more great real estate-related advice by browsing through the other articles found on our blog.
