If you are trying to increase the value of your home, there are a number of ways to do so. Homebuyers care about kitchens and bathrooms and how a house looks like from outside, so focus on those things.
Update Your Kitchen and Bathrooms
Any real estate agent will tell you that kitchens are the driving force behind selling houses. Most homebuyers do not mind buying an older house if it has a modern kitchen and updated bathrooms. However, with a kitchen renovation, you may only get 50 percent of your investment after the sale. So, be careful how much money you spend on a renovation.
Adding solar panels to your home is a great way to decrease your carbon footprint. A typical house makes 35,180 pounds of carbon dioxide a year. You can save $84 a month on electricity with solar panels. In order to install solar panels, you need professional help. Installing panels involves adding wiring as well as placing the panels in the proper place for optimal savings. Homeowners typically spend $17,000 in upfront costs. You may, however, get a tax incentive for making the switch to solar power and you improve the value of your home. If you have good credit, you can get a loan with a low-interest rate to help finance this project.
Make sure that your roof is getting direct exposure from the sun. Trees that obstruct your roof may cause solar systems to run inefficiently or even shut down. The location of your home and insulation may also affect how efficient your panels are. If you want to find out how big your panels should be, look at your light bill. Multiply how many kilowatts of energy you use by .25. According to Humless, having a solar battery backup system is essential for solar-powered homes, as it will allow you to continue using all the essentials even if the grid fails.
Work on Curb Appeal
Improving the outside of your home can increase your selling price from 3 to 5 percent. For many home buyers, first impressions are everything. If the outside of your home has parked cars, trash and fallen trees, very few people will stop at your home. Pinecrest Tree Services explains that having tree stumps in your yard can negatively affect your property value and detract from the look of your home. Cutting the grass, planting some flowers, and removing tree stumps can be a cheap way to increase your home’s value.
Another important aspect of curb appeal is your driveway and surrounding pavement. If you have cracks, potholes, and other damage to your home’s concrete, then repairing these issues can improve curb appeal and add value to your home. Bennett Paving explains that concrete sealcoating and crack filling can help restore the look of exterior pavement. Taking this step will go a long way toward improving the look and function of your property.
When selling a home, it is important to get the best value for your home. Updating your kitchen and bathrooms are great ways to do so. Adding solar panels and improving curb appeal are also practical ways to accomplish that.
If you’re looking to build a whole new home instead of just remodeling, we are the company for you. Contact us today to get started!