4 Ways to Invest in Your Home
Many homeowners take on home improvements and upgrades to increase their property value before listing it. While it’s true that making improvements and upgrades can help sellers get a better asking price, not all fixes pay for themselves. Before committing to a costly home renovation or remodel, it’s important to understand the smart ways to invest in your home that will add value and pay off.
1. The Basics
Buyers expect to see certain things when purchasing a home. Sellers need to offer a home whose roof doesn’t leak, and that has functioning gutters, a dry basement, a reliable furnace, solid floors, decent walls, and functioning plumbing and HVAC systems. Buyers of upscale properties will also expect a certain number of bedrooms, bathrooms, and amenities typical of the neighborhood.
Not every homeowner has the budget to undergo extensive repairs and renovations. It’s a good idea to focus on regular maintenance and smaller improvements that ensure your home is in working condition. Ensure that you don’t accidentally make unwarranted upgrades that make your home too different from other area listings. Take a look at what competing listings have to offer before investing in large-scale improvements.
It’s a good idea to hire a professional technician to inspect the condition of your plumbing and HVAC system to ensure everything from your water heater and air conditioner to toilets are functioning properly. Wagner Mechanical has years of experience providing reliable service and great customer service in Albuquerque and Santa Fe, New Mexico. They offer plumbing services and electric services, including plumbing repair, tankless water heater installation, toilet leaks, and kitchen plumbing. The friendly plumbers in Albuquerque can make an emergency service call and guarantee all of the repair and installation work.
2. Curb Appeal
Curb appeal is the first impression potential buyers have of your home. Projects that add curb appeal don’t necessarily add a lot of value, but they help your home sell faster. The basics of curb appeal include respectable landscaping, power-washing the exterior, including the driveway, a fresh coat of paint on the front door and garage door, new hardware and fixtures, and simple lighting.
Once you get buyers in for an open house, you want to ensure the interior is as appealing as the exterior. Don’t get too bold with your design and decor choices when getting ready to sell. Subtle accent walls and tasteful design features add value and help buyers imagine themselves in the home. Installing recessed or LED lights will give your home a modern upgrade without breaking the bank. You want the home to have adequate lighting and feel inviting, but you don’t want to cause electricity bills to soar.
Value-added projects are those that add considerable value to your home. According to the National Association of Realtors, new siding, large-scale kitchen renovations, and new windows offer homeowners some of the highest return on investment. Other value-added improvements include bathroom upgrades, refurbished decks, and energy-efficiency improvements.
Smart home systems are becoming more popular features that buyers are keeping an eye out for. While it might be excessive to have automation throughout the entire home, there are several home automation devices you can install on a budget.
Apex Audio Video is a dealer of Control4 in Austin offering smart home technology that easily integrates into homes of any age or size. Control4 home automation allows you to create a personalized smart home that you can control via voice command or smartphone. The smart home system automates various home appliances, including smart lighting, thermostat, home theater equipment, locks, and shades. Home automation gives you the peace of mind that your home, family, and belongings are protected.
4. Personal Preference
Personal preference projects are those improvements that suit your specific tastes but not necessarily the tastes of buyers. Such improvements include swimming pools and hot tubs, tennis courts, wine cellars, game rooms, and exotic landscaping. Personal preference projects tend to be expensive and don’t usually add value to your home.
There’s nothing wrong with investing in home upgrades that you will enjoy; however, buyers may not be willing to pay a premium for them. Be sure that your personal upgrades won’t replace a popular or commonplace feature. If your house lacks a fundamental feature that buyers look for in your neighborhood, it won’t sell as fast or for as much. j
Upgrades and features that can be used all year round make the best investment. It’s worth investing a little money into a quality product that will last for a long time. A great way to enhance your natural lashes and create sexy falsies look is to use magnetic lashes. Apply a thin layer of magnetic lash liner from Glamnetic along your lash line, then apply the magnetic lashes on top. Use makeup remover to remove the lashes and eyeliner and replace the lashes in their magnetic package to retain shape.
Making the right investments in your home increase its value, makes it more appealing to buyers, and helps your home sell faster.