Not all home improvements will yield the same result. If you’re going to embark on renovations, you should evaluate which ones give you the best roi to enhance your house value.
Homes are an investment, whether you’re renovating to sell or creating your forever home. There are plenty of tips and tricks available via Pinterest, DIY channels, HGTV etc, making it important to evaluate which renovations are trendy and which ones are timeless.
There isn’t a magical formula to increase your home’s value, but there are several tips and tricks that can help you make the best decisions possible.
5 Tips to Increase Your House Value
Below are a variety of proven ways to increase your house value, and we’ll let you be the judge of what tips and tricks are the best fit for your budget and lifestyle.
#1 Kitchen & Bath
Kitchens and bathrooms are highly coveted home renovations and continue to produce the most ROI. These renovations can exponentially increase your home’s value, and you’ll likely recoup about 66% of the renovation cost in its resale value.
#2 Square Feet
Increasing your living space square footage can only benefit you. Whether it’s removing a wall or two to create an open space or transforming your porch into a family room, you’ll increase your home’s value.
#3 Energy Efficiency
Energy efficiency is a trending topic that isn’t going away anytime soon because it creates long-term savings. Be sure to replace your appliances and installations with products that work for you and help you and future owners save.
Everyone has their own idea of a picture perfect yard, however, your front door, shrubs and grass are part of the first impression. Be mindful of your home’s curb appeal and how it can attract or turn off potential buyers and increase your home’s value.
#5 Smart Home Technology
Smart technology is growing, and it will only continue to become more and more prevalent. Convenience is one of the many reasons why smart home technology sells. Consider simple ways, such as smart outlets, lighting, thermostats etc. that make your home smarter and increase your home’s value.
Trendy or Timeless Home Value Improvements!
Whether you choose a trendy or a timeless renovation, the five tips and tricks listed above are sure to bolster your home’s value.
For more ways to increase your home’s value with energy efficient installations, click the button below to download our shopping guide for windows.