Maximizing Home Value

Whether you’re thinking about selling or simply want to make some improvements to your home, it’s important to weigh both the cost and the return on investment in remodels. While some upgrades are a big investment, there are others that can be cost-effective for both your home and your wallet. Here’s a look at some of the most popular home improvement jobs that can instantly increase the value of your home.

Tips for Increasing the Value of your Home 

Paint (under $100)

One of the simplest and most cost-effective improvements is painting the interior of your home. A freshly painted room looks clean and updated which gives the instant perception of added value. When selecting paint colors for your home, try to stick with neutral tones that will appeal to the greatest number of people. Keep in mind too that accent walls, and colors that reflect light well can make a room appear brighter and bigger to a potential buyer.

Re-Landscape with Low Maintenance Plants ($100-$200)

I’ve talked before about easy ways to create a sustainable home with low-maintenance plants, however I wanted to take a moment to highlight the importance of a sustainable landscape once more. When shopping for a new landscape, purchase plants that are native to your region and ones that are drought tolerant. These plants tend to require minimal water and maintenance while also improving your home’s curb appeal.

Upgrade your Appliances ($750-$1,000)

Adding new energy efficient appliances to your home will modernize your interior’s appearance while saving energy. Any appliance with an Energy star label is certified to use 10-50 percent less energy and water than conventional appliances. Plus, matching stainless appliances will help your home stand out among the competition when the time comes to sell.

Update your Entry Way ($1,000-$1,500)

The look of your front door and main entrance way greatly determine the curb appeal of your home. Since your front door serves as the transition into your home and is the first thing visitors see, your front door should complement your home’s overall design. Having an upgraded door along with a spotless entryway also shows potential buyers that your home is both current and clean thus increasing its value before they’ve even gone inside.  

Remodel you Kitchen ($2,000-$3,000)  

The kitchen remodel is hands down one of the biggest returns on investment for homeowners looking to sell. If you’re going to update any room in the home, update the kitchen. Homeowners on average see a return on 80 to 85 percent of every dollar spent. This includes high-end touches like granite countertops, custom cabinets and energy-efficient stainless appliances. It’s a pricey investment, but the reward pays big in comparison.

Go Solar ($5,000 and up)  

Another way to bring your home into the 21st century and save on your energy bill. Many homeowners are going green with a solar water heater. The installation price is high, but these systems can cut your hot water bills by as much as 80 percent and are very attractive to energy-conscious homebuyers. Another win-win for you and your future home sale.

How Much is Your Home Worth?

If you’re thinking about selling your home, find out how much it’s worth with my free custom home evaluation. This includes comparisons to other homes that have recently sold or are on the market, guaranteeing you receive the most accurate information available on your home’s projected worth. For even more details about selling your home and to get started with a professional real estate agent in South Orange County with a proven track record in sales, call me at 949-500-9714.

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