If you’ve been thinking about selling your home, you may be looking for ways to increase its value to sell it faster or get more out of it. Let’s take a look at a few updates you can make to raise the appeal of your home to sellers.
Update the Kitchen
First, an updated kitchen goes a long way. While this may seem like an expensive job, it doesn’t have to be. A fresh coat of paint can be a great start. Using a modern color pallet is a relatively inexpensive and key part in updating a kitchen. Updating appliances to be energy efficient and modern will add value simply for the fact that they use less energy and result in long-term savings for the buyer.
Add Square Footage
A second option would be to add square footage. Whether it’s an addition or refinishing a basement or attic, a bigger home with more living space often results in a higher value. If you have a home with one bathroom, adding a bathroom could be a good way to increase the value and utilize space whether it’s added or already there.
Make it More Energy Efficient
Energy efficiency can fall into many categories and can range in cost. On a smaller scale, replacing appliances, replacing light bulbs, adding insulation to attics or replacing it throughout the home and adding a programmable thermostat could help cut cost of energy usage down. If you wanted to do a larger scale project, replacing old windows and doors, replacing the water heater with high-efficiency one or adding solar panels could be a place to start.
Add an Outdoor Living Area
Whether it be a deck, patio or just revamping the landscaping to add a fire pit, outdoor living spaces have become increasingly popular. This work can be done by a contractor or if you are handy, yourself but be sure you’re aware of the types of tools and labor that goes into this type of building while determining costs. If you’d rather just spend money on landscaping, that can increase value as well.
How P&D Builders Can Help
While there are many other ways to add value to a home before deciding to sell, these few updates or additions can pay for themselves and beyond in a quicker amount of time. Although you may think we simply build custom homes, we also offer services on home remodeling and additions and pride ourselves in being energy efficient. See how P&D Builders may be able to help you increase the value in your home.