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Home Business

Profitable Real Estate – Top Tips for Increasing the Value of Your Home

by Jeff Nevins
2 years ago
in Business
10
limestone

limestone

Your home is where your heart is, but it is also probably the place where you have invested most of your hard-earned cash. Increasing the value of your home is going to be beneficial to you, and possibly even to your future plans too.

So, just how can you increase the value of your home, and what can you look at doing that will make people stop and stare, and go wow – it’s beautiful!

  • Focus on Improving What You Have

You do not have to start ripping out everything that is currently fixed down within your home, and this is something you have to remember moving forwards. Look at improving what is already there, and look at lifting existing spaces. When you focus on what you already have, you make sure that you keep a tight hold on the budget and on any spending you are doing.

  • Look at Adding Space

Bigger spaces and even extra rooms added to your house will most certainly increase its value. When there is a larger footprint on offer, you can almost guarantee it comes with a larger price tag too. When you are looking at adding space, think about what you already have and think about what will add value. For example, if you only have 2.5 bathrooms for your 6-bedroom house, look at adding another bathroom or en-suite. When it comes to adding value with adding space, you need to focus on rooms that will be used a lot. If you add a room just for the sake of it, and it never gets used fully or as it should then you have to ask yourself what value you have added.

  • Quality is Important

When you want to increase the value of your house, you need to focus on quality just as much as quantity. There is no point in having a lot of rooms, or spaces in your home, if they are not finished to a high quality or standard.

When it comes to quality, you can find it everywhere, and you can add it to every room within your home. From the fixtures and faucets that you use in the bathrooms to the limestone countertops you add to your kitchen. Focusing on quality will ensure that you increase the value of your home because this is what potential future buyers will want (as well as you).

  • Make Sure Each Room Has a Purpose

You can have a super large home that has lots of rooms, but if none of the rooms have a purpose then you will struggle to add value. Each area or room within your home has to have a purpose. If you cannot see what it is used for then how can others? 

  • All-important Curb Appeal

A house that looks beautiful from the outside is what you should be aiming for. Good curb appeal can raise the value of your home by tens of thousands of dollars. Looking after your home, and making it look like the best home on the street is what you need to be focusing on when it comes to improving curb appeal.

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