Fresh Ideas for Increasing Property Value

Share:

Facebook Tweet mail
blog post author image
Written by Guest | Last Updated October 31st, 2019
Our goal here at BestCompany.com is to provide you with the honest, reliable information you need to find companies you can trust.

Beige house with black door and window plantersGuest Post by 3DShedPlans.com

Recent home sale statistics show that people are not moving as often and are spending money renovating their current house instead. Making a home improvement isn’t always as tough as you might think. There are even home improvement expense management apps which will help keep track of your projects. Here are a few things you can do to increase your property value and turn your current home into your dream home:

Add a fence

You know the old saying, “fences make good neighbors”? It’s true, especially in neighborhoods that are more tightly packed. Fences add a sense of privacy in backyards, and they can add a nice decorative element to your landscape as well if you choose a unique fence that complements your home. Fences also have the benefit of keeping most wildlife out of your yard. These are things that make you feel more at peace with your property and will be a big plus for prospective buyers of your home if you ever decide to sell.

Remodel a room

If the interior of your house is drab and in need of updating, you may want to consider remodeling. Bathroom and kitchen remodels often give a return of up to 85 percent. This means that for every dollar you spend remodeling, you will get 85 cents back. This is a great way to increase the value of your property. For example, if you spend $10,000 on kitchen upgrades, you have increased the value of your property by as much as $8,500.

Consider replacing the kitchen cabinets and countertops with higher quality materials. If your appliances are old, they are most likely not energy efficient, so you may want to consider replacing these too. Not only will it save you money running them, but your kitchen will look much more presentable with a new refrigerator and range. 

As for the bathroom, consider replacing the vanity. If the tub walls are cracked or warped, you may want to update that, as well.

Build a shed

If you don’t have a shed on your property, you should consider building one. A shed can add value by adding storage space. A home with a shed will be more desirable to prospective buyers as they plan for yard maintenance because they’ll know there is a place to put their lawn mower, weed-wacker, and lawn care supplies. It’s easier than you think too, thanks to shed plans that can be found online, such as this 16x20 DIY shed plan.

Update the Floors

Worn out carpets are a turn off. They appear dirty, no matter how much you vacuum and steam clean them. They retain odors and show signs of foot traffic. One way to increase your property value is to replace the carpets in your home with wood, laminate, or bamboo flooring.

Replacing carpet with bamboo floors is a renewable and environmentally friendly way to update your house. Wood floors are easier to keep clean because you can see all the dirt and remove it. With carpets, dirt tends to get stuck in the fibers.

Having a wood floor made from renewable materials is a great green choice, making your home more desirable.

Improve landscaping

A nicely manicured yard has great curb appeal, is desirable to own, and can increase your property value. If you don’t have time to work on planting more and greening up your grass, planting shrubbery and flowers, or adding pavers for a defined walkway, consider hiring a landscaper to do the work. The investment will be worthwhile as the curb appeal will boost your property’s value.

Add a laundry room

If your home is older or you just never got around to it, consider adding a laundry room. If your washer and dryer are currently in a bathroom, kitchen, or anywhere else where there’s not a dedicated space, it can be awkward and inconvenient to do laundry even in your own home. Any potential buyer of your home will feel the same way. The convenience is what adds the extra value to your home. It’s much nicer to casually do laundry in a dedicated space, plus it can double as a mud room to curb household clutter.

3DShedPlans.com sells DIY shed plans in a number of styles such as lean-to, gable style, and hip roof styles.

The Top Mortgage Rates Companies

company logo
#1 NBKC Bank chevron_right
9.2 Overall Score
4.9
starstarstarstarstar_half
(99)
company logo
#2 Quicken Loans chevron_right
8.3 Overall Score
3.3
starstarstarstar_halfstar_border
(97)
company logo
#3 Wells Fargo chevron_right
7.3 Overall Score
3.8
starstarstarstar_halfstar_border
(165)

Related Articles

4 Innovations Changing the Future of Real Estate

October 03, 2019

Guest Post by Ben Mizes Technology is changing everything in the world around us. It stands to reason, then, that tech...

Read More
Why You Should Always Comparison Shop for Mortgages

September 10, 2019

Guest Post by Holly Welles Talking about home loans can become intimidating quickly for most people. It’s not sur...

Read More
A Must-Have House Hunting Checklist

February 07, 2018

Buying your first home is one of those milestones that can take years to build up to. There are many questions to ask be...

Read More