5 Ways to Increase the Value of Your Home
There are plenty of upgrades you can make to increase the value of your home. This may help you sell your home for more, whether you’re ready to sell now or down the road.
Here are four home improvement projects that can make a big difference to your home’s value and selling potential.
1. Improve your home’s curb appeal.
Make sure the outside of your home makes a good first impression. Painting your home, adding shutters or a new front door, or investing in landscaping can go a long way in improving curb appeal and overall value.
2. Finish your basement.
A finished basement is bonus space that can be used in many ways, from a playroom to a media room, another bedroom or even an entire apartment.
3. Remodel your kitchen and bathroom.
Small updates can lead to a big return when it comes to your kitchen and bathroom. In the kitchen, replace old appliances and update cabinets with a fresh coat of paint. In the bathroom, update fixtures for a more modern and inviting space.
4. Add additional square footage.
Adding additional space to your home may be the most effective way to add value. An addition or a four-season porch may be a big project, but you’ll enjoy the extra space AND increase your home’s value.
5. Make small changes that stand out.
If you’re not ready for major updates, small changes can still make a big difference. Consider taking on a weekend project, such as planting flowers, adding a fence, or building a shed to increase the value of your home.
Whether you’re planning small home updates or a big renovation, your improvements can affect the look, selling potential and value of your home. Need financing to help you along the way? Speak to a banker to learn about our home equity loan and line of credit options.