Whether you’re looking to sell your house, flip an investment or simply level up the family home, upgrading certain areas is going to add more value than others. Upgrades can give a home a boost in sale price. Here are five upgrades that will add both functionality and monetary value to your property:
Turn Up The Heat
The kitchen is a great place to start when upgrading your home because, no matter what your budget is, you can add a decent chunk of value. If you’re looking for a full upgrade, consider updating your appliances as these will make great selling points (and make your life easier and more energy-efficient if you’re not intending on selling). Induction stoves are favorite on the market at the moment as they’re far superior to electric options in regards to cooking and control and safer than a gas cooktop.
Just don’t forget to get induction cookware to go with your new appliance or cooking will be a tad difficult. Installing a dishwasher is another great way to add value. If you’re hunting for a budget solution, you’d be surprised but how much of a difference a fresh coat of paint on your cabinetry and updated handles can make.
Bathe In Greatness
Another great place to add value is the bathroom. If you’ve got the budget, transforming your bathroom into a full wet room can provide a multitude of benefits. On a practical level, it will greatly improve the longevity of the room and reduce your maintenance requirements as your walls and floor will be watertight, but it will also increase your sale price. Even simply updating your shower head can be quite beneficial to your water usage and bottom line.
Soak Up Some Rays
Solar panels are the perfect addition to any home. One of the main benefits of installing solar panels is that they increase the sustainability of the dwelling, which is great for your sale price in a society that is forever hunting ways to be kinder to our environment. But they will also greatly reduce your electricity bill, and, in some circumstances, can completely remove the need to pay for power from the grid.
Block The World Out
If your home doesn’t have proper window furnishing, you’re losing valuable insulation and privacy. If you’re making improvements to sell, stick to roller or Venetian blinds in neutral colors but if you’re just looking to upgrade your home for your own enjoyment, feel free to go all out with drapes in whatever color scheme suits your style. The main thing you’re hunting here is full coverage of your window to help prevent temperature transference between your inner and outer worlds. A sheer blind or curtain is also a great idea if you like to have your windows open during the day but still want privacy from nosy neighbors.
This one may seem a little odd, but if you don’t have a proper clothesline, and you have the room to install one, do so. It will make drying your clothes so much easier, appeal to family buyers and reduce your power bill as there will be fewer times when you’re required to use your dryer.
Whether you intend on selling now or just want to upgrade and add value for the future, the suggestions in this article will serve you well. Make sure to keep things general if you’re looking to flip the property and go out and get your bank.