So you want to increase your home’s value. You have an idea of what you think would make your home more valuable, but you’re unsure if it matches up with what an appraiser would think. In our combined 30 years of experience in Utah’s real estate and construction industries, we’ve developed a pretty good idea of what projects will boost home values when it comes to selling. So it’s time to do away with the ideas of European tile, backyard pools, and elaborate landscaping to boost your home’s value, and say hello to the projects that do.
1. Update your kitchen.
You might not be ready for an entire kitchen remodel, but making small updates to your kitchen is the best place to start. Potential home buyers will often go straight to the kitchen, so having a great-looking kitchen is important. If you’re on a budget, start by updating your kitchen faucet and cabinet hardware, and then installing an energy efficient light fixture (see our instructions for installing a new light fixture here). If you have a little more money to spend, look into updating your kitchen cabinets, flooring, and appliances. As an experienced general contractor, Centurion Homes knows which options will give you the biggest bang for your buck, so call us today for a free estimate.
2. Perfect the master bedroom.
The next most valuable project you can take on is fixing up your master bedroom. As our Pinterest board shows, there are many ways to change the look of your master bedroom. Update your flooring, windows, trim, paint, etc. Add shelving and storage to your walk-in closet, or consider adding one if you have the space. Potential buyers like open, clean, and well-lit spaces.
3. Boost the bath.
Next, turn to your bathrooms. Adding a bathroom–half or full–is guaranteed to add value to your home. In 2011, the National Association of Home Builders reported that adding a half bath could add up to 10.5% to a home’s value, and adding a full bath could add up to 20%. If you don’t have the funds to add a bathroom, give your existing bathrooms a facelift. Paint the walls, add new flooring (bathrooms are a cheap area of the home to replace flooring), and add new fixtures.
4. Finish your basement.
Because finishing a basement will add a significant amount of usable square feet to a home, it will boost a home’s value. Finishing a basement is a big project, so when you’re ready to do so, contact a reputable general contractor like Centurion Homes to bid your project. The following pictures come from our Heather Drive project (the same ones shown for kitchen remodeling above). The owners asked us to finish their basement, which added a lot of space and value to their home.
5. Make your home more energy efficient.
Buyers today are looking for homes that can offer energy efficiency, so appraisers value homes that have efficient appliances, are well insulated, have newer windows, and have efficient heating and cooling systems. To learn about additional ways that your home can be more energy efficient, contact us today. As a certified partner with ENERGY STAR, we have the know-how to get your home on the right track to energy efficiency.