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How To Increase The Value Of A Home


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Sensible Ways To Increase The Value of a Home

increase the value of a homeMany people focus on how much they paid for their home and how much they can sell it for when considering the value of their investment in their home, and fail to consider sensible ways to increase the value of a home.  There are many ways to increase the value of a home; however, not all home improvements increase the value of a home in an equal manner.  In fact, studies have shown that some home improvements increase the value of a home considerably more than other improvements.

The best bang for the buck when looking to increase the value of a home is to improve a home’s curb appeal.  Improvements to the front side of a home, as it is seen from the road in front of the home, have been found to provide the best home improvement investment return.  In particular, installing a new garage door or front door are the most sensible ways to improve a home’s curb appeal and increase the value of a home.  Other improvements that increase the curb appeal and value of a home, include:  painting a home, fixing siding, fixing drains and gutters, planting new shrubs and trimming existing ones, and keeping the lawn in good shape.

Another sensible way to increase the value of a home is to paint interior rooms in neutral colors that appeal to prospective buyers.  Other sensible interior improvements that are not too costly and provide the best return on investment include:  replacing or painting interior doors, upgrading door knobs and door hinges, replacing carpets, painting kitchen cabinets or replacing cabinet doors, and replacing kitchen cabinet hardware (cabinet handles and hinges).

Things To Avoid When Trying To Increase The Value of a Home

Kitchens and bathrooms are the most critical rooms when it comes trying to increase the value of a home and impressing potential buyers.  However, when trying to increase the value of a home, major overhauls of kitchens and bathrooms rarely increase the value of a home enough to justify the considerable amount of money that must be committed to such major improvements.  Money dedicated to home improvements is better spent on freshening up kitchens and bathrooms with new paint, new cabinet doors, new cabinet hardware, or even a new floors, and sprucing up other areas of the exterior and interior of a home, rather than spending a great deal of money on total kitchen and bathroom overhauls.

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