7 Effective Ways to Increase Your Home Value

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Vaughan real estate agents

If you’re ready to renovate your new home or you’re preparing to sell, there are plenty of changes that you can make that will also boost your house’s resale value. 

And if you prioritize your projects and make smart, strategic decisions, then it doesn’t have to be a painstaking process. Here are seven useful tips on how to increase your home value.

  1. Rethink Your Kitchen

If you’re looking for the greatest return on your remodel investment, then you’ll want to start in the kitchen. An upgraded, open kitchen is typically number one on buyers’ wish lists for homes, so it makes sense to start here.

Your changes don’t have to be massive, either. Try installing a new backsplash for a pop of color, or painting your kitchen cabinets to give the space a brand new look. Keep in mind that most buyers prefer neutral color palettes.

New lighting can also go a long way. Your kitchen is the heart of the home, so you want it to feel bright and open. Pendant lighting can be a way to add style to your space.

You can also upgrade your appliances by adding a new microwave or a stainless steel fridge. Buyers are also looking for plenty of space to cook, so consider adding a kitchen island.

  1. Tackle a Bathroom Renovation

After redoing your kitchen, bathrooms are the next rooms you’ll want to tackle. Make sure to repair any chips to your tile, whether it’s on the floor or in the shower. 

Consider upgrading your vanity — many buyers want twin sinks to make it easier for multiple people to get ready for the day. And don’t forget to update any dated fixtures throughout the room. That can mean new drawer pulls or updated faucets.

Bathroom storage is also essential. Try picking a vanity with additional storage, or add in cabinets if there’s space. If you’re completely rethinking your bathroom, you can even plan to add a linen closet.

  1. Boost Your Home Value With a Fresh Coat of Paint

While major remodels to your kitchen and bathroom can add to the market value of a home, you don’t have to make huge changes to other rooms. One easy way to improve a home’s look and add value is by painting.

Neutral colors are appealing to buyers, so try re-painting any walls that are bright and bold. If you have a kid’s room painted a playful pink, for example, try a more subdued gray or white.

This makes it easier for buyers to imagine how a room would fit in with their own life — maybe this space will become a home office instead of a child’s bedroom.

Painting smaller rooms a bright color, like white, can also make them feel more open and airy. This can be helpful in making your home seem more spacious. 

And don’t forget the exterior of your home. Curb appeal is essential to making a good first impression on potential buyers, so make sure your home’s exterior doesn’t look shabby or have chipped paint.

  1. Create Great Backyard Spaces

Just like boosting curb appeal can help boost your home value, creating awe-inspiring backyard spaces can too. Landscaping is a great first step here. Buyers will flip for beautiful spaces with healthy green grass and plenty of trees.

Patios and decks are also popular among buyers. If you’re able to spruce up an existing patio or add one in, you can make your property more attractive. Fences, too, can add privacy and be a priority for buyers with pets or young children. 

Beyond that, pools are on many buyers’ must-have lists. If you’re planning to add a pool or want to give yours a refresh, keep in mind current pool trends, like an integrated hot tub and darker colors.

You can even incorporate exciting features like a fire pit into your pool design or redo.

  1. Be Energy Efficient

Homebuyers are increasingly concerned with energy efficiency and eco-friendly features. Consider making changes like upgrading to energy-efficient appliances.

Energy-efficient appliances like dishwashers, dryers, and washing machines can save homeowners money on their power bills. They also use less water and are better for the environment.

Other energy-efficient changes you can make are installing double-paned windows and adding LED lighting throughout your home. And you’re really ready to make major changes, you could even install solar panels on the roof.

  1. Make Your Home a Smart Home

From smart thermostats to smart fire detectors, there are plenty of technology-related upgrades you can make to your home to boost its value. Smart houses and the automation they provide increase convenience, flexibility, and functionality. 

Smart thermostats can make it easier to optimize your A/C usage, while adding a video doorbell can go a long way to boosting how safe your home feels to buyers. You can also add home value by using smart lightbulbs. 

  1. Ready to Sell? Staging Is Key

If you’re ready to sell your home, there’s one final thing you can do to add value: Stage your house. Professional staging services can help you optimize the look and feel of your home, making it more appealing to a wide range of buyers.

This can help you show off your home’s best features and downplay any problem areas. It will also mean removing some of your own style and personal touches, making it easier for potential buyers to picture what their life would be like at this property.

You can also stage your front porch by adding potted plants for color or lighting to make it feel brighter.

Increase Your Home Value

Whether you’re planning to move in the near future or you’re just ready for a remodel, there are plenty of changes you can make to increase your home value. From redoing the kitchen to creating a backyard oasis, you can make your property the envy of all.

To learn more about home renovation and to get great design ideas, check out the rest of our site.