According to the U.S. census, there were 1,021,000 homes sold in March of 2021. There were also 307,000 homes placed on the market for sale.
With average sales prices peaking at $330,800, you might be wondering how to increase the value of your home. There are many projects you can take on to make your home more beautiful to live in and more valuable if you decide to sell.
Keep reading to learn more about some of these projects you might want to try.
1. Focus on the Exterior
If you’re wondering how to increase the value of your home, you can start by fixing any issues with the exterior. If you’re interested in selling your home, the exterior is the first thing potential buyers will see.
Make sure your yard is in the best shape by cutting your grass when it starts to get long. You also want to keep it watered. Think about adding a flower garden to increase curb appeal.
If you’re having any siding problems, get those fixed immediately to beautify your home and avoid any serious damage.
2. Do an Indoor Remodel
There are other ways to increase the value of your home. You can try doing remodels inside the house.
While a complete homemaker might be a little out of budget, you can focus on one area of the home that needs some modernizing. New kitchen cabinets can make your home look brand new.
You can also bring new furniture into the living room or give the room a new look with a fresh coat of paint.
3. Add More Space to Your Home
One of the best home renovation projects you can take on is adding more space to your home. The bigger your house, the more it’ll be worth if you decide to sell it.
You can finish up the basement if that’s the best way to amplify your home without difficulties. You can also create a more open floor plan by tearing down a wall separating the living and dining room.
An open floor plan will let in more sunlight, which can also make a home appear bigger.
4. Add Eco-Friendly Features
Other home renovation ideas that will add more value to your home are adding a few eco-friendly features. More people are becoming environmentally aware and finding ways to lower their carbon footprint.
You should consider a few upgrades to make your home more appealing and valuable. You can try something simple like switching to LED lightbulbs or take on a bigger project like adding solar panels to your home.
5. Add Smart Technology
Smart technology is another way to add value to your home. Smart thermostats, automatic door locks, and programmable light fixtures are all great smart features to add to your home.
Increase the Value of Your Home With These Projects
If you want to increase the value of your home, you can do it with one of the projects in the guide above. Fixing exterior issues with siding to make your home more appealing is one of the best ways to add value.
Make sure to check out some of the other home-related blogs on our site if you found this one helpful.