If you’re looking to sell your home right now, you might want to think about adding some value to it before you do. The best way to do that is by completing a few remodeling projects here and there that will have a direct impact on your value within your local market.
There are an endless amount of ways to go about it, so in case you’re looking to raise the value of your home, here are some of your best options.
1.New Flooring
Fresh flooring is always a great way to add value to your home. Replace your old, damaged, and worn-out floors with a popular new material like luxury vinyl plank flooring. This material comes in a variety of different colors and styles, including real wood-grain plank.
It’s cheaper, easier to clean, more eco-friendly, and just as beautiful as real wood. Luxury vinyl plank flooring allows you to have the best of both worlds.
2.Better Energy-Efficiency
If you can tangibly improve the energy-efficiency of your home and prove it via third-party inspection, you’re guaranteed to get a big boost in property value.
The best way to solidify a winter home against the cold is by winterizing it. This means sealing air gaps, eliminating drafts, and sussing out thermal leaks wherever possible. Adding insulation to your pipes can help, but you’ll also need window inserts if you want to winterize windows.
They’re much more effective than caulk and easier to implement. You should also weatherstrip the bottoms of your doors as well.
3.New Molding
Installing fresh new molding around the interior of your home is one the most subtle, yet effective ways to raise its value.
For instance, there are plenty of farmhouse crown molding ideas you can try that are almost certain to boost your home value. However, if your walls are in poor shape you may need to pair your new molding with some fresh wallpaper or a new paint job as well.
Installed properly, new crown molding can revitalize the atmosphere in your home and give it a higher sense of value when prospective buyers are perusing their way through.
4.Update Your Paint
Colors go in and out of style on a regular basis, with new names and tones appearing every now and then as well. If you want to get a quick bump in home value, choose a trending paint style and give your walls a makeover. Depending on your preference, you might try a deep avocado green bathroom, a cobalt blue bedroom, or a milder mix of warm pastel colors in the living room, for instance.
5.Build an Office
Even if you don’t have an explicit need for one, building an office can come in handy. Not only is it a massive value-add because of the prevalence of remote-working now and into the future, but you might also find some use for it yourself. By turning a spare bedroom or sectioning off part of your basement to become professional-looking office space, you’re making more value out of what you already have. This is one of the highest ROI interior projects available right now.
These Projects Can Significantly Raise the Value of Your Home.
Trends come and go but the projects we’ve listed here happen to be on the upswing, with some at their peak value as we speak. If you’re looking to fetch a better price on the market, start by installing some gold sinks, new crown molding, new floors, or some winterization materials like window inserts.
Any one of these should add some value to your home, but you can stack them together as well for a multi-pronged approach.
Matt Lee is the owner of the Innovative Building Materials blog and a content writer for the building materials industry. He is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that save money, improve energy efficiency, and increase property value.