Mahi Sall, Advisor, Fintech-Bank Partnerships, Payments and Financial Inclusivity
January 25th, 2023
Guest Post | Jul 25, 2021
Source: Pixabay
When it comes time to sell your home, you likely want to get as much as possible for it. However, if you simply ask for an inflated price, you may not get it. Your home needs to reflect the asking price, and be worth it. If not, it could sit on the market for months.
Thankfully, there are a variety of things you can do in a home that can raise the value it has. Without any further ado, this blog post is going to cover some smart investments to help you raise the value of your home.
No matter who is buying a home, there is a good chance they want it to be secure. Everyone wants to feel safe in their home, and installing a security system can do just that. They can keep burglars away, and minimize the negative impact if a crime does occur.
Many also come complete with alarms, cameras, and even home alarm monitoring to ensure your home is as safe as possible. Many alarm systems today are very easy to set up and use, and many can even be controlled remotely.
Source: Pixabay
The curb appeal of your home is very underrated when it comes to its impact on value. People start judging a home as soon as they walk up to it, so your curb appeal needs to be on point. If the home looks bad from the outside, potential buyers will already have a negative view of it before they even step inside.
While boosting your curb appeal might seem like a big job, this doesn’t have to be the case. There are many curb appeal improvements that are quite easy and affordable. You can trim up the hedges, fix up the paint or siding on the home, clean up the path, and make sure the landscaping looks great.
A home that is energy-efficient is also becoming a much more desirable feature in homes today. Not only are they better for the environment, but efficient homes will also be cheaper to operate in terms of their water and power bill. Thankfully, there are several ways to make a home more energy-efficient.
You can change out your light bulbs, can get new appliances, seal any air leaks, get double or triple pane windows and even get a programmable thermostat. Even before you sell, you yourself will be able to enjoy the benefits of these energy-efficient changes to reduce your costs and your carbon footprint at the same time.
Of course, renovating the home is also a good way to increase how much it is worth. In particular, the kitchen and bathroom are two of the best places to fix up to increase the value of a home. However, it is best to keep these renovations small. If you do too much, the costs can get quite high and you may not be able to get the same return on investment.
So instead of a full remodel, potentially consider switching out a few fixtures, painting and making a few small changes to things like cabinets, flooring or counter-tops. These can be affordable fixes, but completely change how a room looks, for the better.
Any of these four investments can be great for raising the value of your home. Whether you decide to do one, or all of them, you can feel confident they will help you get more when you decide to sell your home.
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