To get top dollar when you are looking to sell your house, it’s a great idea to do a few projects to increase your home’s value. There are many different projects you can undertake that would boost the value of your home, but not all of them offer the best return on investment. Here are four home improvement projects that will increase your home’s value and make your home much more attractive to potential buyers.
Finish The Basement
The best things you can do to improve your home’s value is to add more square footage. One of the most effective ways to do this is by finishing your basement. Doing so will not only raise the square footage of your home, it could also give new owners an extra room, bathroom, or living space. Looking to finish your basement? Here are some tips.
- Leave it Open — An open-concept basement gives new owners more options to make the space their own.
- Make Sure it Matches — Even though you’re just finishing this space, it should still match the rest of the house in both style and feel.
- Insulate Well — A well-insulated basement will ensure excellent climate control all year long.
Remodel The Kitchen
A large and updated kitchen is commonly one of the first things that potential homeowners are looking for. What that means to you is that the kitchen should be a priority. Here are three things you should consider doing with your kitchen.
- Add Hardwood Flooring — Hardwoods greatly increase the value of the home, and when they are in the kitchen it also adds a pleasing aesthetic to the look and feel of the home.
- Update The Appliances — Updated kitchen appliances are incredibly attractive to new buyers. They can also save money by being energy efficient.
- Increase Storage Space — Add open shelving, cupboards, cabinets or a new pantry.
Add Solar Panels
Solar panels are a long-term investment. If you are looking to sell your home right away, you might think this project would be a good fit. But did you know that an average-sized solar system adds an average $20,000 to your home’s value? Did you also know that most solar installation companies offer transferable ownership and warranties on their panels? So even if you just barely installed them, you can transfer the ownership of your solar panels to the new homeowners.
Install a Walk-In Shower
Amongst bathroom remodelers, the number one request received is for an incredible walk-in shower. What that should tell you is homeowners are continually searching for updated and relaxing bathrooms. If your bathroom (especially the master bathroom) is sub par, adding an upgraded walk-in shower might be an exceptional idea.
Increase Your Home’s Value With HFS Financial
It can be daunting trying to figure out where and how to start on these improvements. That’s where we come in. We can help you increase your home’s value by connecting you with the home improvement loan that’s right for you. If you are ready to get started, take your first step by filling out our easy 60-second online application. Soon, your beautifully remodeled home will be on the market, and you may even get multiple offers! “You Dream It, We Finance It.”