The journey to selling a real estate property is a tedious process. It would be best if you considered so many things that it can be confusing to choose which one to prioritize.
If you want to make your way up the property ladder to the home of your dreams, you should learn how to increase your current home’s value. So, to help you do that, here are the best ways to add value to your home without breaking the bank.
Invite a realtor
If you want to start to know what projects to work on so you can boost your property’s value, then working with an expert is the best choice. HGTV says that you can either invite an interior designer or a realtor to check out your house. Most realtors will do it for free but expect to pay a consultation fee if you’re planning to invite an interior designer. A standard hourly rate is usually less than a hundred dollars, and in that period, you’ll already receive a couple of valuable feedback to help improve your house.
Reduce energy costs
If there’s one thing that will attract buyers most, it’s energy efficiency. Many aspiring homeowners would likely choose a house that wouldn’t cost them an arm and a leg to live in, especially when it comes to energy consumption. That’s why it’s crucial to look for ways to help you reduce the electric bill as much as possible. Working with local utility companies can help you get free energy audits to show how you can maximize your home’s energy efficiency. You can also consider installing a power-saving HVAC system to save money. Although it can be a bit expensive to do now, your marketable asset will undoubtedly be valuable in the long run.
Update the kitchen
Forbes says that many aspiring millennial homeowners are often on the lookout for excellent kitchen and bathroom designs when searching for a house. However, since it’s too expensive to get a house these days, many choose to compromise their first homes’ size and conditions to afford homeownership. These numbers, combined with the fact that most homeowners see bathrooms and kitchens as highly impactful when buying a home, results in significant kitchen and bathroom renovation projects before putting it up for sale. Appraisers also tend to consider these updates because of its appeal to potential homebuyers.
Prioritize curb appeal
Another way to increase your property’s value is by prioritizing its landscaping design. But did you know that plants can do more than make your house look beautiful? Experts say that strategically planting native trees can reduce energy costs by at least 50% while raising your property’s value. Full-grown shrubs can also cool your property, thereby turning it into an energy-efficient home.
These are only a few of the things that you can consider to increase your home’s value. You can always check the internet or read a few magazines for a few more ideas to help you step up on the property ladder.