Real Estate

5 Ways to Improve and Add Value to a Property

Purchasing a property is a major life achievement. However, it’s also an investment for your financial future too. While some homeowners stay in their homes for decades, others decide to move on quicker. If you’re thinking of putting your home on the real estate market, getting it in tip-top shape first is essential. This will not only make your property more presentable to buyers but could also see an increase in its value.

To help, here are some great ways to boost and add value to your property.

Upgrade Your Security

Any homeowner will reiterate the importance of home security. No one likes the idea of a burglar entering their home unannounced. Therefore, upgrading your security is one of the best things you can do in regard to adding value to your property. When potential buyers check out your property, they’ll have the reassurance it is well protected.

With so many options to choose from, finding the right home security system can be a challenge. However, you can check out Top10.com’s guide on the best security systems home. It’s always best to opt for the most popular home security systems, rather than picking the first one you see.

Enhance Curb Appeal

When potential homebuyers pull up outside your property, you’ll want them to be wowed from the get-go, rather than itching to carry on driving! One way to do this is by enhancing your curb appeal. While you may spend a fortune on improving the interior of your property, what’s on the outside matters just as much. Enhancing curb appeal can be a great way to improve and add value too.

You don’t have to have a wad of cash to make effective changes either. Things like painting your front door, cleaning your windows, and tending to your front lawn are all great ways to elevate your home’s curb appeal. Once you undertake any of the above, this can help your home stand out from others on your street (in a good way!).

Undergo a Kitchen Remodel

Homeowners all over the United States spend a huge chunk of their time in the kitchen. This means if you’re serious about boosting your property’s value, it makes sense to concentrate on your kitchen space and make it stand out for all the right reasons. If your kitchen is looking a little dated or isn’t equipped with modern appliances, now is the time for a remodel.

A kitchen remodel will instantly boost your home’s resale value, not to mention give off a great first impression to buyers. Some of the advantages of a kitchen model include improved function, more storage space, and increased overall space. This project can be costly, so make sure to work out your finances well in advance before getting started.

Kitchen With Furniture and Appliances

Spruce Up Your Yard

Lots of homebuyers pay close attention to the backyard of a property. After all, with so many of us spending more time than ever outdoors, it’s wise to spruce up your yard so those moving in don’t have to do all the hard work. You should be proud of your backyard space and be excited to show it off, so if there is major work that needs to be done, now is the time to do so.

Simple actions like adding decking, getting rid of weeds, trimming bushes, and planting flowers can all make a real impact on your backyard and potentially be the difference between homebuyers putting in an offer and continuing their search. If you enjoy gardening, you can do all these tasks yourself, otherwise, you can hire a professional.

Convert Your Attic

If you have attic space that’s primarily being used to house junk, why not transform it into more living space? Lots of homeowners convert their attic into an extra bedroom, bathroom, or games room. An attic can be used for all kinds of purposes, so rather than leaving it to collect dust, converting it could see the value of your property skyrocket.

Of course, an attic conversion isn’t something that can be done overnight. If you’re not a big lover of DIY, it’s best to hire a professional to undertake this project. This is because you need to be incredibly careful converting an attic. One wrong move could see structural damage to your roof, so if in doubt, hire a contractor. To really sway your mind into converting your attic, this project could add anywhere between 10% and 25% to the market value of your property.

Any of the projects above will differ in terms of cost, time, and resources. Whether you’re on a shoestring budget or have money to splash out, there are lots of things you can do to increase your home’s value before putting it on the market. 

Christopher Stern

Christopher Stern is a Washington-based reporter. Chris spent many years covering tech policy as a business reporter for renowned publications. He has extensive experience covering Congress, the Federal Communications Commission, and the Federal Trade Commissions. He is a graduate of Middlebury College. Email:[email protected]

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