According to a recent survey of over 1,200 American homeowners, a whopping 58% said they would most likely remodel their home within the next year.
That’s just the beginning: more than half of homeowners planned to spend up to $10,000 to increase their home value as well.
Not only that, but almost a quarter of surveyed homeowners planned to spend upwards of $40,000 on home improvement.
Sound expensive? We thought so too, especially if you’re planning to sell your home in the Washington, DC area. Here’s how to add value to your home before selling.
What Adds Value to Your Home?
Curious about how to increase the value of your home in Washington, DC? Fortunately, your search is over.
Surprisingly, it’s super easy to add value to your house. All you have to do is:
- Make sure that your home looks visually appealing.
- Keep your home in good shape.
- Consider getting energy-efficient appliances.
First of all, you need to make sure that your home looks visually appealing. That’s because it has really got to stand out to potential buyers.
But how do you know if your home has the right look? Take a look at your house and compare it to all of the neighbors on your block.
If you think that your home could use some improvement, then there’s nothing wrong with shelling out some extra cash for this expense.
Another word of advice: Keep your home in good shape for future buyers.
Why is this so important?
Because so many potential homeowners are placing themselves at a huge risk of discovering a major repair after buying a home.
Want to know how to avoid losing a buyer? Just focus on making a few repairs before you sell your house, such as:
- Your furnace
- Your water heater
- Your roof
Finally, you should consider getting energy-efficient appliances. Why? Because it’s a surefire way to add some additional money to your home value. Of course, it depends on where you own a house.
But if you live anywhere near the Oval Office, then you’ll know that it’s a great idea to capitalize on this trend.
Have you ever heard of an energy-efficient mortgage?
They’re a wonderful way for people who need more additional money to make their house more sustainable. Bonus points!
How to Add Value to Your Home
Looking for the best way to add value to your home in Washington, DC? Then you’ve come to the right place. That’s because we’ve got an extensive list of how to add value to your home.
Need a push in the right direction? Here’s what you should do: get started by spending money on upgrading your bathroom and kitchen for the best return.
Here’s the deal: in reality, you should put the largest amount of cash into renovating your kitchen. Why? Because this is guaranteed to give you the highest return on your financial investment.
To begin, consider getting new appliances that complement each other. You can also bring old floors, cabinets, and backsplashes back to life with a little elbow grease too.
Next, you’ll want to look at renovating your restroom. The best part? Most homeowners usually don’t have to rip up their entire bathroom to do this.
In fact, you can begin by adding a few affordable things like:
- A bathroom vanity
- A polished toilet
- A new set of fixtures
As long as you spend a few bucks on the repairs that we mentioned above, you should have no problem increasing your home value.
Additional Home Value Tips
Additional home value tips include:
- Putting curb appeal and landscaping at the top of your renovation list.
- Changing up your floor plan or considering extending your home.
Whether you live in Georgetown, Capitol Hill, or Logan Circle, it’s always smart to put curb appeal and landscaping at the top of your renovation list. That’s because it’s the cheapest way to add value to your home.
All that it takes is planting some nice trees and attractive flowers to increase your home’s visual appeal. If that means regularly moving your lawn, then so be it!
For those who are still scratching their heads, you should:
- Plant trees that are native to the Washington, DC area to save energy.
- Add baby shrubs to your garden and leave room for it to grow.
- Trade-in your annual plants for ones that live for two to three years.
Also, you can think about changing up your floor plan or extending your home.
How so? By doing things like breaking down a wall to create an open flow in your house. Additionally, you should probably sand your floors and add an island to your cooking area too.
Ready for a bigger renovation? Then you might want to add some more space to your home. You can typically do this by:
- Adding another bathroom.
- Constructing a family den.
- Building a patio enclosure.
- Completing a basement.
- Finishing an attic.
- Assembling a deck.
Still don’t know where to start? We highly recommend scheduling a free consultation with a local real estate office.
What are You Waiting For?
Bottom line: for those who live in the Washington DC area, it can be hard to figure out how to add value to your home without going broke.
When it comes to increasing your home value, it’s never too late to save money by calling a professional.
So, what are you waiting for? Don’t hesitate to contact us today!
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