Ways To Improve Your Home’s Resale Value

Enhancing the appeal of your home, whether for sale or simply for your enjoyment, can significantly increase its market value and attractiveness. This guide outlines several impactful ways to improve your home’s worth through careful, targeted renovations.

The importance of curb appeal cannot be overstated, as it creates the first impression for potential buyers. Simple but effective updates, like regular lawn care, fertilizing, and upgraded landscaping, can greatly enhance the visual appeal of your property. Even minor additions, such as pathway lighting or upgraded landscaping features, contribute positively to your home’s exterior allure.

Significant exterior renovations often offer a high return on investment. For instance, installing a steel front door can yield a return of about 152%, while updating your garage door could see a return of 91.4%. Painting your existing garage door might also be a cost-effective choice, potentially returning about 133% on an outlay of $2,800. In regions with colder weather, opting for commercial tuckpointing as part of your home improvements can be a strategic choice to preserve and enhance the structure and aesthetic of your home’s exterior.

For those prepared to invest more, enhancing your outdoor living spaces with features like decks, patios, or even pools can add substantial value. These improvements have varying ROIs, and consulting with professionals is advisable before undertaking such projects. On a smaller scale, a backyard patio installation can also deliver significant returns, sometimes as high as 67%.

Moving to the interior, updating your home can also boost its value. Opting for neutral, light colors in your decor can make the space feel more expansive and modern, which is appealing to buyers. Shades of gray are particularly effective in kitchens and bathrooms, offering a sleek, stylish look. Modernizing fixtures, choosing effective lighting solutions, and integrating smart home technology can all elevate the interior of your home.

Technological enhancements should not be overlooked. Smart features like automated systems for lighting and temperature control can increase your home’s value by approximately 13%. According to a survey by Angi, a considerable percentage of buyers are willing to pay more for homes with smart technologies, which can increase the value by 6-12% at resale.