Ultimate Guide To Adding Value To Your Home

Whether you’re a senior looking to sell your house in the near future or are looking for practical updates that will make it more appealing to buyers later on, there are all kinds of ways to increase your home’s value. Some changes can be made quite easily by homeowners themselves, and certain projects will take no more than a weekend to complete. Other updates are better left to a professional, be it due to safety precautions or special training that’s required to do the job. This guide will discuss the best value-boosting modifications to consider for your home so that when the time comes to sell, you’ll get the highest return on your investment.

Keep in mind that every homeowner’s needs will be different, and you may want to ask a real estate agent or local interior designer to evaluate your home. They can offer valuable insight on the areas of your house that would best benefit from an update, as well as when to preserve the integrity of a particular style of home, some modern renovations may detract from a colonial home’s appeal, for instance. Getting personalized advice about how to best add value to your home is never a bad idea!

Kitchen

An updated kitchen is the number one wish list item for young buyers and an excellent place to start when boosting your home’s value. The best part is that your budget doesn’t have to be a limiting factor. Even small changes can make a world of difference in giving an outdated kitchen a facelift. Of course, if you do have a large budget to work with, you may want to consider investing a good amount in your cooking space.

Cabinets

Consider your basic kitchen hardware: cabinet door knobs and drawer handles. If they’re the same as when you moved in, and especially if there’s visible wear and tear, it’s likely time to switch them out for a fresh, modern look. Changing them is simple and often low-cost. This small change can completely transform the look of your cabinets and create cohesion in the space, particularly if you opt to match the hardware to your appliances.

If your cabinets are in need of more than just a minor update, you can still make alterations to update them without breaking the bank. A good scrubbing is a great first step! Sanding out rough or worn spots, new contact paper lining, and a fresh coat of paint are all simple ways to elevate old cabinets. If the cabinet boxes are in good shape, you can remove and refinish the doors and drawers for a brand new look without the overhaul of a total remodel.

Replacing your cabinets completely might end up being the best option for a particularly worn-out kitchen. Most home improvement stores come with entire units you can install yourself, but it does require significant time and skill, after all, you have to rip the old ones out first! Keep in mind, however, that if your home is on its way to market, it’s wise to be conservative with brand new cabinets. New homebuyers will certainly appreciate seeing an updated kitchen, but they still may opt to make their own changes. Shanty cabinets can be a major distraction to would-be buyers and prevent them from seeing the space’s potential, but you shouldn’t devote your entire budget to new cupboards that may ultimately get altered.

Countertops

A kitchen’s countertops can be a major indication of an older, worn-down space, but it can be a costly update to make. Laminate is one of the least expensive material options, but you lose durability, which could be a significant downside for potential buyers. Ceramic tile comes in all colors and sizes and is easy to clean, though you may want to opt for dark-colored grout to conceal stains. Corian is a great, albeit more expensive, alternative, because while it’s stronger and easier to clean, it can come in varieties that look identical to expensive granite or marble countertops. Consider your budget and how long you’ll be in your home before selling it; if you’ll be living there a few more years, go with what will meet your culinary needs best.

If you do opt to install new kitchen countertops, your main focus in choosing a material should be practicality. Keep in mind your area’s climate. For instance, if you’re near the coast, choose a material that holds up well with high humidity and salty sea air. Most buyers will appreciate something that’s easy to clean, and ideally, a surface that’s at least somewhat heat resistant.

Light Fixtures

A kitchen’s lighting can be a dead giveaway for the era in which it was built. Fluorescent soffit lighting in particular screams the 1970s. A large budget will allow you to update however you like, ideally with a balance of natural, ambient, and task lighting. Undercabinet additions can do wonders for a dim kitchen, especially if there’s little to no natural light to work with.

Because the kitchen is one of the most utilized spaces in the house, it’s also worthwhile to consider making it more energy efficient with lighting. Look for ways to maximize the sunlight it receives during the day, and consider adding a single, bright overhead light for nighttime use. Be conservative with your choice in fixtures if your home is headed to the listings page: buyers tend to be turned off by those that are overly ornate. If your budget allows, have different fixtures linked to different switches so lighting can easily be adjusted according to the task at-hand. Perhaps the easiest lighting update to make is to switch to LED bulbs that not only last longer, but actually use significantly less energy than standard bulbs.

Appliances

Updates you make to your kitchen appliances will greatly depend on your budget, and it’s important to consider the investment. If you’ll be living in your house for several more years, it’s probably worth it to spend the money to replace an old refrigerator or stove since you’ll use its replacement. Even anew microwave can make an older kitchen look more modern, so if you’ve been putting off replacing yours, it can be a handy home value-booster; best of all, if it’s not mounted, you’ll get the elevated look and still get to keep the unit once you move out!

If you’re not looking to replace the appliances, simply swapping out the front panel of your stove or dishwasher can elevate the room’s overall appearance. Some dishwashers actually come with two-sided face panels that you can easily switch without professional assistance. If you’re buying a completely new panel, stainless steel tends to be one of the more contemporary options.

If you do opt to replace any of your kitchen appliances, look for those that areEnergy Star certified. This will keep your energy bills lower while you’re still living in the home and can be incredibly attractive to new homebuyers looking to reduce their carbon footprint.

Bathroom

Bathrooms are often the second most important room to update in the interest of home value. The changes can be as simple as replacing the toilet seat, installing a new faucet, adding modern tap handles, or updating the hardware on cabinets. If the plates on your electrical outlets and light switches are old and dingy, spend a few extra dollars on fashionable new plates for easy accents. If you’re planning ahead, make gradual changes over time so the work will feel a lot less overwhelming. Plus, your wallet won’t face any major blows!

Flooring

No one wants to see a dirty bathroom floor, especially in a home they’re contemplating buying. Replacing it is actually a lot easier these days than it used to be. Many vinyl tile coverings can be fitted directly over existing floor. Half-bathrooms can even be fitted with laminate or hardwood, but for full bathrooms, you’ll want to ensure the material is water-resistant and won’t warp from humidity in the air.