Like most things, leaving your home better than you found it can work out in your favor. Whether you are selling your home or not, increasing home value can benefit you in various ways. In this article, we will explain ways to increase your home’s value and make it worth more than you paid for it originally.
Ways To Update Your Home
When in the market to buy a home, many buyers are looking for comfort and convenience. If they have to repair and replace many aspects of the home, it can be seen as unappealing. Although updating appliances and other components can be costly upfront, it will likely pay for itself when home value is increased. Below are specific ways to increase your home’s value and update your home.
- Upgrade Appliances
- Increase Home Efficiency
- Add Fresh Paint
- Give Your Kitchen A New Face
- Finish Your Basement
Upgrade Appliances
New appliances are one of the best additions to increase home value. Many buyers look for Energy Star appliances due to the energy savings they provide for a home. If you are not looking to sell your home, new appliances can be convenient for your use and save money in the long run. Below are 3 appliances you should consider replacing.
- HVAC System
- Refrigerator
- Laundry Units
Increase Home Efficiency
Efficiency is important to home value because it offers lower utility bills and increased comfort. According to ENERGYSTAR, an energy efficient home can save as much as 20% on monthly bills. If your home has air leaks, it can reflect on monthly bills, decrease home comfort, and overwork an HVAC system. Consider adding Low-E Insulation to your attic and/or crawl space. The reflective technology and added R-Value that Low-E provides will help maximize your home’s energy efficiency. Low-E Insulation can also be added to garages, basements, and crawlspaces to increase energy savings. Visit our website to learn more about how Low-E products can help save money and benefit your home!
Related Article: How To Make Your Old Home More Energy Efficient
Add Fresh Paint
A new coat of paint can do wonders for each room in your home. Fresh paint can cover imperfections and give the house a new and improved look. Additionally, be sure to paint over unusual wall colors such as kids bedrooms. Many buyers do not want a bright color room, so we recommend sticking to neutral wall colors.
Give Your Kitchen A New Face
Making your home “move-in ready” means buyers will not have to make any changes before moving in. A kitchen makeover can make a large difference in the home sale price. Consider replacing kitchen appliances with new, matching units. A fresh coat or refurbished cabinets can further increase value and refresh your kitchen.
Finish Your Basement
If your home has an unfinished basement or other space, consider finishing the process to increase value. A heavy duty makeover is not necessary, but putting up drywall and adding carpet or flooring can boost profit. Additionally, consider adding Low-E Insulation® to your basement to make it an enjoyable and comfortable space for new buyers.
Even if you are not selling your home soon, increasing home value is beneficial to your comfort and future. Consider these few ways to give your home a new look and save money each month. For questions about home insulation and efficiency improvements, we are here to help!