There are a lot of things that go into making a house a home. One of the most important is feeling like you’ve made it your own. Adding value to your home or property is one way to do that. Whether you are looking to sell in the near future or just want to make some updates, here are seven ideas to improve curb appeal and increase your property’s value.
1. Update the Landscaping
Landscaping is one of the best investments you can make when it comes to adding value. According to the National Association of Realtors, a well-landscaped yard can increase property value by up to 20%. Keeping flower beds cleaned and tidy, shrubs and bushes shaped, and lawns mowed and free of debris will make a big difference.
2. Reseal the Driveway
Maintaining your driveway is crucial to increasing your home’s curb appeal. A driveway in good condition will make a terrific first impression on potential buyers or guests and can add to the overall value of your property. To keep your driveway in tip-top shape, reseal it every few years, repair cracks and holes as soon as they appear, and sweep it regularly to remove any dirt or debris.
3. Paint the Exterior
A fresh coat of paint can do wonders to improve curb appeal. It will make it look clean and new, as a preference for paint colors change drastically over time. When choosing a paint color, be sure to pick something neutral that will appeal to a wide range of people. You want potential buyers to be able to see themselves living in your home, and bright or bold colors can be a turn-off for some. Pedram Zohrevand suggests adding pops of color through planters and other decor that can be easily interchangeable.
4. Add a Deck or Patio
If you have the space, adding a deck or patio is a great way to add value to your home. A deck or patio has endless uses: entertaining, relaxing, or an extension of your indoor living space. Decks and patios are a great way to use architectural design to make your home stand out as a unique property in the area, which could mean less time on the market when selling.
5. Create More Living Space
One of the best ways to add value to your home is by creating more living space. Consider finishing a basement or attic or adding an ADU. Pedram Zohrevand believes an ADU, or accessory dwelling unit, is always a big selling point. It provides extra living space for you and your family and can also be rented out to generate income.
6. Repair or Replace the Roof
Your roof is one of the most important parts of your home, so keeping it in good condition is essential. If your roof requires repair or replacement, it’s best to do it sooner rather than later. A new roof can add thousands of dollars to the value of your home and will make it more attractive to potential buyers. It’s also a good idea to repair any leaks or damage immediately to prevent further damage.
7. Add Solar Panels
Installing solar panels is a great way to improve the value of your home and make it more energy-efficient. Plus, reducing your monthly energy costs will make your home more affordable to own and operate. According to a study by the National Renewable Energy Laboratory, they can also increase resale value by up to 4%.
If you’re looking to sell soon or want to make your home feel more like your own, consider making some changes or updates to the exterior of your home to add value and boost its appeal to potential buyers. What other ways can you think of to add value to your home?