A few improvements can go a long way in increasing the value of your home. Something as simple as a fresh coat of paint enhances your home's appearance and protects it from wear and tear. Consider these tips from Consumer Reports about home upgrades that are especially popular in today's housing market.
One of the key features most buyers are looking for in their new home is a modernized kitchen. Fortunately, this does not necessarily mean one has to do a full remodel, as a few small upgrades can update the look significantly. These include the installation of new flooring, counter tops, and appliances.
Another factor desired by the majority of potential homeowners is a home that will not require an excessive amount of maintenance. Durable, yet easy to clean surfaces like hardwood floors are a huge plus. Keeping the plumbing, heating system, and electrical wiring updated will help these factors perform well for many more years. Installing a high quality roof can mean decades of reliable protection against elemental damages as well as animal infestations.
In these environmentally conscious times, people are looking for homes that are energy efficient to save money and minimize the carbon footprint left behind. Having high-efficiency windows installed can reduce heating and cooling costs by up to 15%. LED lighting requires less power and lasts longer than traditional bulbs.
When wanting to do a renovation, homeowners would likely benefit from considering ways of optimizing their current floor plan prior to making the decision to add on. Sellers are usually able to ask a higher price for a home with flexible living spaces. One of the best ways to maximize the space currently available is to finish out a basement if the home has one. Buyers are generally more appreciative of rooms that can easily be used for a variety of purposes like as an exercise room, home office, or bedroom.
Whether you plan to sell your home now or a few years down the road, taking steps to increase its value will give you an optimal return on your investment.
One of the key features most buyers are looking for in their new home is a modernized kitchen. Fortunately, this does not necessarily mean one has to do a full remodel, as a few small upgrades can update the look significantly. These include the installation of new flooring, counter tops, and appliances.
Another factor desired by the majority of potential homeowners is a home that will not require an excessive amount of maintenance. Durable, yet easy to clean surfaces like hardwood floors are a huge plus. Keeping the plumbing, heating system, and electrical wiring updated will help these factors perform well for many more years. Installing a high quality roof can mean decades of reliable protection against elemental damages as well as animal infestations.
In these environmentally conscious times, people are looking for homes that are energy efficient to save money and minimize the carbon footprint left behind. Having high-efficiency windows installed can reduce heating and cooling costs by up to 15%. LED lighting requires less power and lasts longer than traditional bulbs.
When wanting to do a renovation, homeowners would likely benefit from considering ways of optimizing their current floor plan prior to making the decision to add on. Sellers are usually able to ask a higher price for a home with flexible living spaces. One of the best ways to maximize the space currently available is to finish out a basement if the home has one. Buyers are generally more appreciative of rooms that can easily be used for a variety of purposes like as an exercise room, home office, or bedroom.
Whether you plan to sell your home now or a few years down the road, taking steps to increase its value will give you an optimal return on your investment.
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