Impactful Changes To Increase Your Home's Resale Value

Posted on: 8 August 2023

If you are thinking of selling your home in the near future, you may be wondering how to increase its resale value. After all, you want to get the best possible price for your property and make a good return on your investment. 

Here are a few impactful changes to increase your home's resale value.

Upgrade Insulation

An insulation upgrade may not be the most glamorous home improvement project, but it can have a significant impact on your home's energy efficiency, comfort, and resale value. By adding or improving the insulation in your attic, walls, basement, and crawl spaces, you can lower your heating and cooling bills, reduce noise and prevent moisture problems.

Convert a Basement to a Living Area

If you have an unfinished basement that is mostly used for storage or laundry, you may be missing out on a valuable opportunity to increase your home's resale value. By converting some or all of your basement space into a functional living area, such as a family room, a home office, a guest bedroom, or a bathroom, you can add more square footage and appeal to buyers who are looking for extra space.

Renovate Closets

Closets are often overlooked when it comes to home improvement projects, but they can make a big difference in how buyers perceive your home. Having spacious, organized, and attractive closets can enhance your home's storage capacity and functionality, as well as its aesthetics. You can renovate your closets by adding shelves, drawers, rods, hooks, baskets, and lighting. You can also install closet systems that are customized to your needs and preferences.

Update Lighting Fixtures

Lighting is another important factor that can affect your home's resale value. Having adequate and appealing lighting can make your home look brighter, bigger, and more inviting. You can update your lighting fixtures by replacing outdated or broken ones with modern and energy-efficient ones.

You can also add more lighting sources where needed, such as recessed lights, pendant lights, wall sconces, and lamps. Also consider installing dimmer switches to create different moods and ambiances.

Replace Faucets

Faucets are one of the easiest and cheapest ways to update your home's look and functionality. By replacing old or leaky faucets with new and stylish ones, you can improve your home's water efficiency and hygiene, as well as its appearance. You can choose faucets that match your home's style and theme, such as traditional, contemporary, or rustic. You can also opt for faucets that have modern features like touchless sensors, pull-down sprayers, or LED lights.

Contact a local residential real estate service to learn more.