Home improvements that can increase the value of your home
House pricing, or house value, is something that continuously surges every year in a growing city like Bangalore. For this reason, you may even be having thoughts of selling your home. You could sell it for greater value, pocket the difference, and then move somewhere cheaper with a lower cost of living.
Regardless of your home’s sentimental value, you can always improve it by increasing its utility, aesthetics, and durability. Home improvement projects are always worth considering to increase the value of your home should you wish to establish equity or sell it for a higher value in the future.
Here are some tips from top interior designers in Singapore that can help increase your home’s value.
The kitchen is king
Most buyers are focused on the kitchen, and it holds a grave sway over first-time homeowners. A modern and updated kitchen is still one of the most important factors for buyers, so if you plan to sell, maximise everything that you can improve with your kitchen.
Kitchens can even give you one of the biggest returns on your investment. You can start by replacing old appliances with matching new ones. Replace old cabinets and cupboards, and even the simplest updates, like a backsplash or new appliances, can be a valuable place to put your money.
Landscape Love
The landscape is the best, easiest, and most affordable upgrade that you can do to increase your home’s value. Lush trees, blooming flowers and plants, and neatly trimmed lawns give a house a certain appeal to buyers. Make your home more desirable by maximising your front lawn. The exterior landscape can make the biggest impact on potential buyers.
You can achieve this by also installing a front walkway with stone planters, shrubs, and mulch. A modern and newer patio can also add to your home’s value, making your property even more appealing.
A Smarter Home
With the advent of technology and the Internet of Things (IoT), you would be making a wise decision if you invested in smart technology in your home. Adding smart technology can increase your home’s value quickly without the expense of a renovation.
Through smart upgrades, you can control your home’s thermostat, lighting, keypad door locks, fire detectors, and security cameras with a click of a button (and sometimes from your phone). If all other homes are similarly similar in their features, a smart enhancement of your home can surely make you stand out.
Create more room
By modifying the floor plan and adding square footage, you will be giving your presumable buyers more space to live in. Bigger homes usually mean higher values and this is one common selling point. Since many people are after the bigger space and rarely consider properties that lack space.
You can focus on creating additional space by contacting your favored reliable interior designer in Singapore and reconsidering your floor plan, or finishing a basement, building a deck, and or converting an attic to another room.
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If you are uncertain where to begin or where to invest first, know which purpose the home upgrades would be serving, is it for your own equity or the purpose of selling your house? Or probably both. All in all, it is going to be a win-win situation since increasing your home value would benefit you as a homeowner today and a home seller tomorrow.