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HomeTips6 Proven Ways To Raise Your Property Value

6 Proven Ways To Raise Your Property Value

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Increasing your property value is never impossible to achieve, regardless of the condition of your home. With just a few simple interior and exterior touches, you can improve the value of your property without the need to do a costly overhaul or major renovation.

Related Post: Is Now the Right Time for You to Buy a Property?

However, you have to take note that not all improvements and upgrades can make your property more sellable. For instance, while an infinity pool or an elegant landscape looks great, buyers who don’t want extra maintenance costs might see it as an inconvenience instead of a value-adding feature. 

So, before you hire contractors like Concrete Colorado Springs for all your concrete projects, it’s wise to seek help from professionals to know your property’s current value. Once you get a clue about the value of your property, below are some of the proven ways to maximize your property value:

proven ways to maximize your property value

1. Level Up Your Landscaping

To attract more potential buyers, you should make use of shrubs and plants that are indigenous to the area that can alleviate unnecessary care and watering.

For a beautiful garden, be sure that your trees or plants are pruned regularly. Having a water feature and an automatic watering system can add value to your garden. Moreover, laying down some paving won’t just increase its attractiveness, but it can also be a great asset during the rainy season. If you want to achieve more colorful flower beds, plant seasonal flowers.

Also Read: Is Etsy Still Worth Selling on in 2021? Tips for Helping Your Store Stand Out

2. Go High Tech

More homebuyers prefer a smart home with modern touches, including high-tech features. Adding some smart home products to your property can increase its appeal to buyers, especially to young professionals.

For example, you can install smart thermostats. They’re not only affordable, but they’re also easy to use. You can program it to help save on energy costs.

Another smart addition to your home is a security system that will give you real-time security alerts. Such alerts may come in handy, particularly if you’re the type of person who’s always far away from home. Depending on your preferences, you may opt for a subscription for certain services to make your home more secure and appealing to your buyers.

3. Paint The Walls

It may sound too good to be true, but adding a fresh coat of paint to your walls can improve the value of your property. This is because paint makes any space feel new and fresh. Potential buyers are also more willing to pay for properties that don’t require a lot of work.

Just choose neutral colors for your walls to appeal to your target buyers. If you have bold and brightly colored walls, paint them over with neutral tones before you open your property for viewing.

4. Update Your Kitchen And Bathroom

More often than not, many people think that the kitchen sells a home. However, you should also take note that your bathroom can make a huge difference in your property value. So, depending on your budget, invest in your bathroom and kitchen.

You don’t need to start from scratch when remodeling your kitchen or bathroom. In fact, even something simple like updating the hardware of your cabinets can give you positive results.

If you don’t have enough money to upgrade your cabinets, you can just paint them or buy new doors instead. It’s also a good idea to focus on the areas that would get the most attention, which may include countertops, faucets, and lighting.

Also Read: 5 Key Questions To Ask Before Investing In A Rental Property

5. Enhance Your Property’s Energy Efficiency

Buyers love the idea of saving money, so they’ll always prefer an energy-efficient property. You may find ways to enhance your property’s energy efficiency no matter what your budget is. You can install some new appliances that need less energy to run and replace the old windows with new ones, which perform better in preventing air leaks.

To know what improvements to make in your property that more energy-efficient, you may ask for an audit from your local utility company. They can show you areas that need to be fixed, allowing you to make some changes before listing your property.

6. Have An Extra Space

Often, bigger and high-end homes are more likely to attract potential buyers, especially the ones with more rooms. Unfortunately, additions can be expensive and you might not have space on your property. However, you don’t need to physically add square footage to your house to improve its value. You can just get rid of the non-structural walls or interior doors to make an open floor plan.

Conclusion

When raising your property value, you want to be cautious at all times so you won’t over-improve your property. Besides, you don’t want to spend on a project where you won’t see a return on investment (ROI). So, make sure to start with the above strategies first and look for other areas of your home that require improvement. Plus, don’t hesitate to work with professionals for better results.

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