The real estate market remains steady and is an excellent option for those who want to sell, but before you decide to sell your older home or if you decide to stay in your home. You’ll need to do a few upgrades to add value with
Today we will share seven easy ideas to employ to help you learn how to add value to your older home.
Sales are favorable year-round, as the pandemic has shaken everything up, and houses continue to sell as fast as they are listed.
One key reason homes are selling so much right now is that so many people have begun and continued working from home, and now they want more space and have more money to spend as they are not driving and spending money on gas and dining out during the lunch day!
Before you sell, you will need to ensure your home is in its best condition, which causes a future buyer more encouraged to provide a higher offer.
To help out with that, here are a few tips to get your home ready for the booming real estate market that remains intact even into our new normal!
How To Add Value To Your Older Home
As with any “How-To,” there is never just one way to do something; there are many, and there are so many different ways you can increase the value of your house/
We offer a few suggested ideas based on our experience and discussions with a few realtors who work in this area of expertise each day and are always willing to share how to increase the value of your house!
You can employ many creative strategies if you want to increase the value of your house.
But the measures afforded to a house showing its age can be fewer than new builds, which may adapt to newer installations more easily.
After all, you don’t want to ruin the character of the property you’re living in, mainly if it’s a listed property or quite valuable in terms of its history.
So, deftly maneuvering around this issue will take a little time to complete.
Consider our post a way to learn how to add value to your older home so that you can still conform your household to the style you enjoy most while planning for the future in the best possible way.
Manifest Yourself Into DeClutter Mode Before Anything
Start with decluttering before you do anything else. You have to be able to see the walls, the floor, the windows, and the room itself so that you have command of each room’s space.
Decluttering will allow you to see what lies below the mess, from stains on the carpets and floors to walls and big clunky furniture.
You can declutter the home or use a reputable service such as 1800GotJunk. Living in a home for any period brings on an accumulation of clutter.
Remember, clutter detracts from the openness and the feel of a room, and it also can provide the notion that the house has been poorly maintained, even if that is not the case.
Every room needs to be free of messes.
- Make a few boxes or bags and label each with trash, donations
- Move through each room, use the assigned bags to remove the trash, and provide unused items to your favorite donation center.
- Remove any large, chunky furniture that takes away from the open space in the room.
- Keep large countertop appliances tucked away in cabinetry if they are not being used.
#1 Upgrade Every Home Appliance
Another great way to add value to your home is by upgrading your home appliances.
Homes with newer and more energy-efficient kitchen and laundry appliances tend to sell for higher prices, so if you’re looking for a way to increase the value of your home, this could be a good option.
When upgrading your home appliances, research the best options based on size, energy efficiency ratings, and price.
Also, remember that bigger isn’t always better; smaller units can often do the job just as well while using less energy.
And don’t forget about installation costs; some appliances require professional contractors, which can quickly increase price.
There are many ways to add value to your home, from upgrading your security system and installing solar panels to replacing old appliances.
All of these options can increase the value of your home and make it more attractive when it comes time to sell.
So if you’re looking for a way to improve the value of your home, consider one or more of these smart home upgrades.
#2 Install Solar Panels For Electricity and Lighting
Install solar panels and go green while adding value to your home!
Did you know solar panels convert sunlight into usable energy, drastically reducing electricity bills? Sign us up, please!
And when it comes time to sell your home, the added value of having solar panels installed will attract potential buyers.
Installing solar panels with help from professional Solar Panel Installers may be expensive upfront. Still, they can save you money in the long run and help you stay eco-friendly while increasing the value of your home.
Plus, most states offer tax incentives or rebates for installing solar panel systems, so check with your local authorities before starting any projects.
#3 Install Energy Efficient Air Conditioners
Energy-efficient appliances are essential to our world (global warming), so your air conditioners should be updated!
Making the switch to a high-end air conditioning system is another fantastic approach to increasing the value of your house.
- high-quality air conditioners will keep your house cool and cozy
- will also enhance the air quality
- save your energy costs
- Additionally, prospective buyers will be impressed by the up-to-date, energy-efficient system when it comes time to sell your house.
#4 Open Floor Plan Designs Are Desirable
Open-plan living is one of the hottest trends in home design.
This entails designing a roomy, open-conc
ept layout that promotes easy movement between spaces and makes the most of available real estate.
Living in an open-concept area can make your home feel more extensive and more appealing, increasing its value.
Knocking through a wall won’t necessarily ruin the integrity of the property provided it’s a supporting wall, but orienting furniture and reusing rooms for other purposes – such as turning the room next to the kitchen into a dining space and not a home office while removing the door, will make a big difference.
Plus, not only will you increase the value of your house, but it’s also ideal for entertaining.
Therefore, think about opening up your layout and adopting the open floor plan, which is how you add value to your older home, as you are bringing it up to date!
#5 Want To Know How To Add Value To Your Older Home?
If you are considering a future home sale, do a pre-listing inspection!
First of all, a pre-listing inspection is a handy tool for you, the seller, and your agent to get your home sold if that is the direction you are going, and it will help you increase the value of your house as it will be a learning experience.
You can increase the value of your home by being upfront about repairs that need to be done or have been done, showing that you are honest and trustworthy.
Future buyers may feel more comfortable purchasing from you and paying the listing price.
A pre-listing inspection lets you understand what needs to be repaired, from minor to extensive repairs, before it gets listed, and is a great way to learn how to add value to your older home, knowing what you should update to make it more attractive to others!
Significant Impact with Basic Refresh Updates
First impressions are everything, and your home needs to be refreshed because you have been living in it, and it is necessary to increase the value of your house.
The key is to refresh without overspending and to provide the ‘WOW’ factor without making significant changes.
You’ll start with fresh paint in neutral colors, ranging from white to beige to gray.
Don’t forget to breathe a little fresh life into your kitchen area by adding new hardware on the cabinets if they have not been updated in a while and possibly fresh countertops.
You would be surprised how these small changes impact the room’s look!
Make sure to look at your carpet and flooring in all rooms where it might be worn or stained, and replace anything that takes away from the fresh look of a home.
Stained and worn flooring does not show well and can negatively impact a walk-through with a future buyer.
Therefore either replace or have the carpet cleaned, and any flooring that is not working should be upgraded to at least Luxury Vinyl Tile that is durable and very eco-friendly.
#6 Upgrade Your Security System
One of the best ways to add value to your home is by upgrading your home security system. A solid security system can deter burglars and protect your family and belongings.
And another great point when it comes to installing an updated security system is that when it comes time to sell your home, a good security system can be a significant selling point.
So if you’re looking for a way to add value to your home, upgrading your security system is a great option.
Many different home security systems are available, so you must choose one that’s right for your needs.
- A basic alarm system might be all you need if you live in a small town with few burglaries.
- But if you live in a city or high-crime area, you’ll need something more robust, like a security camera system or a monitored alarm service.
Light It Up To Increase The Value Of Your House
In addition to adding a security system, you’ll want to light up your home well.
Whether you consider this part of the home refresh process or a separate item on your checklist, know that lighting in a home is key to providing a good look inside and helping rooms look their best, and lighting can help to deter thieves.
For lighting and fixtures, simple fixes are replacing bulbs with new efficient ones that provide adequate lighting, including in closets where the buyer may want to study how much they can store in them!
Remember to replace all bulbs on the exterior lighting, and you can also add solar lighting outdoors, which adds a nice touch in areas where electricity may not be available.
#7 Install An Elegant Swimming Pool
Installing posh swimming pools is an excellent way to upgrade your older home and boost new life and usefulness, whether you plan on keeping the home or selling it!
It will not only give you and your family several hours of enjoyment, but it will also increase the appeal of your house to future purchasers.
Who doesn’t want to run and dunk into their private swimming area after a long day of work?
Sure, you might not wish to do that in the winter, but now can provide a great time to prepare such an installation and make sure it’s ready for when the weather turns.
While you might not dive into this as much as your children will, you can still imagine swimming around in your private oasis, enjoying every last moment of summer from beginning to end.
Now You Know How To Add Value To Your Older Home
With this advice, you’re sure to add value to your older home.
Use solar power to go green and reduce your current electric bills, and incite future buyers.
Always try to stay ahead of what needs to be done, and remember, updating your home will add value to your older home, and it is never a mistake to increase the value of your hone!