The Best Renovations for Upgrading Your Home’s Value
There are many factors affecting the value of your home such as the neighborhood and the state of the real estate markets that are outside of your control. The factors you can control include the state of your landscape, the furnishings and the built-in appliances. You could set your home apart from the rest with custom installations of crafted woodwork. There are lots of different options for upgrading your home and increasing its value. Here are few worthwhile ways to maximize your property value.
A Redesigned Landscape
A redesigned landscape boosts your home’s curb appeal and its property value at the same time. Adding a patio to your backyard can increase both the appraised value and the perceived value of your home, adding a visual focal point and a functional setting for outdoor parties and BBQs. The perceived value is a measure of how appealing your home is to potential buyers, while the appraised value is the actual financial value of your home after a detailed evaluation. It’s important to have variation in the size and diversity of the plants composing the landscape. Cultivate a mix of flowers, ferns and shrubs in an eye-catching style to increase your home’s value.
Custom Woodwork
There’s nothing quite like the look and feel of wood in the home. Custom cabinetry is a relatively inexpensive way to give your home flair, personality, and warmth. Family members and guests spend a great deal of time in the kitchen, so custom cabinets allow you to put your imprimatur on your home while raising its value at the same time. You could have more storage options with pull-out trash bins and rotating storage space for your pots and pans. Also, it makes your home more valuable to potential buyers because they know that they can purchase your home without spending additional funds for remodeling.
Updated Appliances
Older kitchen appliances make a home look dated. The benefits of updating built-in appliances are not only increased property value, but also appliances that are more energy efficient and easy to clean. Energy efficient appliances reduce the home’s electricity costs. Stainless steel appliances add a striking, modern look to the kitchen. You might also consider built-in appliances, like a countertop range.
Making these investments prevents the depreciation of your home and provides additional protection for downturns in the real estate market. Even if you don’t sell your home, a beautiful landscape, custom cabinets and new appliances will help you enjoy your home more.
If you’re planning on selling your home, get in contact with us and see how we can help each other!