5 ways to boost your home’s value
Your house isn't just a home but is also likely one of your biggest investments. Whether you're planning a move or simply eyeing retirement in the distant future, finding ways to increase your home's value is a smart use of time but can also lead to fun do-it-yourself projects.
Some upgrades may simply boost your home's curb appeal, while others may make your house or apartment more efficient and better prepared for the future. Bust out the elbow grease and consider these helpful ways to improve your home's value.
1. Plant some trees
Doing some landscaping can be an easy way to make your home more aesthetically pleased, but beyond a well-kempt lawn and trimming the bushes, planting a few trees will actually increase the value of your house by up to 19 percent, HGTV reported.
Full, mature trees look nice, but also have functional benefits. Not only can they shade your home in the summer and keep things a little cooler, but they also help drain excess rain water. In fact, Yale University stated that planting trees across a given neighborhood has been linked with a decrease in crime rates.
2. Remodel the kitchen
Increasing your home's value need not require a massive renovation project, and according to the Do It Yourself Network, just giving your kitchen a facelift can be a worthy investment. Consider a paint job or bringing new tile to give the room new energy.
At the same time, installing a new appliance or cabinets can make your kitchen more functional and look better, too. Even wheeling in an island counter top or putting up a pot rack or new shelf can give your kitchen more pizzazz. This can be invigorating for your family and also serve to boost your home's overall value.
3. Bring in more light
For homeowners in the process of selling a house, making sure your home is inviting for potential buyers is important. By swapping out dark curtains for lighter ones, you can bring natural light into a living room or master bedroom. This will make your home a more welcoming and alluring place.
For folks that are really interested in making an improvement, installing a sky-light is a great project. This carries a steeper financial burden than simply replacing old curtains but can be a beautiful addition to your home and will certainly impress any would-be buyers.
4. Install insulation
Aside from making cosmetic improvements to your property, there are ways to increase your home's value related to efficiency. These sorts of projects will lower your own utility bills and will make your home more attractive as a result.
Whether up in your attic or down in the basement, fiber-glass insulation makes it easier to control your home's temperature. This is especially true during winter, when expensive heat may be lost to the top floor. This is a relatively easy, inexpensive project as well. Caulking any cracks around doors and windows is also a quick way to make your home more efficient.
5. Invest in a tankless water heater
Along with looking for ways to lower your home heating costs, installing an electric tankless water heater is a great way to rein in inflated water bills. This will benefit your family in the short term and also increase your home's value, according to Planting Money Seeds. There are also federal tax credits available for homeowners that make this investment.
Your family will also enjoy endless hot water through the use of an electric tankless water heater. That means no more fights over the first shower and no more issues in the bathroom.