It is easy to fall into the assumption that your home’s value will increase over the next decade, solely due to the trends of the housing market. However, many of the variables which affect a home’s worth, such as its location and its appeal within the market, are not in your control.
Your home is your biggest investment, which is why looking after it and ensuring that it is well-maintained is your responsibility. By keeping up with any repairs that need to be made and making improvements catered to the desire of buyers in your area, you can seriously increase your home value over time and ensure you are receiving top dollar when it’s time to sell.
Here are 4 of the best ways to increase home value.
Finish your basement
Finishing your basement is a great way to increase home value. It is a space full of promise and you can do so many things with it. If you are looking to sell in the next little while, ensure your basement development project is catered to the wants of the buyers in your area.
In Calgary basement development may include a guest room to rent out to prospective young tenants, like students pursuing a higher education. Ask a real estate agent about what the local buyers may find more appealing when it comes to your finished basement.
2. Repaint it
A fresh new paint job is an inexpensive way to add value to your home. It can change the tone of your house without making any huge changes. Consider neutral tones, like greys, soft beiges, or yellows.
3. Open the floor plan
Before you go ahead and knock down all your walls, ask a contractor about the right way to open up your floor plan. An open kitchen, living room and/or dining room are a great idea, but too much open space can be overwhelming for potential buyers.
4. Make it appealing
There are simple ways to make the “curb appeal” of your home greater. Look after its exterior, take care of your roof, repaint the front door, or even trim up your yard if it is starting to look dull. Simply by reworking, maintaining, or adding to your existing landscape, you can make your home appear much more attractive than if you simply let it be as is.