Home Upgrades That Actually Increase Value

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Purchasing a home is about more than the space you live in—it’s about an investment. Regardless of how long you plan to stay in your current residence, it’s important to think about how you can improve the home’s value over time.

Whether you choose to focus on large remodels or small projects, any upgrades will help you improve the space and boost your home’s value. But where do you begin?

We put together some of the best home upgrades that will help increase the value of your home.

Boost curb appeal.

If there’s one thing we should never underestimate, it’s curb appeal! Anything that makes your home more appealing on the outside is going to have a direct impact on the number of people that take time to look at the inside.

You can increase your home's curb appeal in a number of ways. By focusing on landscaping, you can plant new trees, bushes and flowers to present your property in an attractive way. By updating the siding on your home, you can completely transform the appearance while opting for a more modern look. Lighting also goes a long way when boosting curb appeal—whether that’s new and trendy porch lights, updated fixtures or walkway lighting.

Invest in your kitchen.

When it comes to increasing the value of your home, one general rule of thumb is that your kitchen is always going to give you the most bang for your buck. Whatever you put in, you can expect a return.

While a complete kitchen remodel may be time consuming and expensive, it will certainly be worth it in the long run. If you’re looking to update the kitchen on a smaller scale, you can start with a fresh coat of paint, modern countertops or new appliances. No matter how little your effort may seem, the investment will have a significant impact on the home’s value in the long run.

Focus on the bathroom.

In terms of value and return, the bathroom falls right behind the kitchen. The quality of a bathroom can also positively or negatively impact your house's value in a big way.

While homeowners can reap the benefits of a complete bathroom remodel, not everyone has that budget at the ready. Here are some of the places you can see the biggest return on investment:

  • Updated sink, cabinet or other storage
  • New flooring or wall tile
  • Updated lighting fixtures
  • Fresh paint color

Completing a bathroom update will not only give you peace of mind, but attract more buyers in the future.

Energy Improvements.

We’ve all heard the many benefits of “going green” in today’s market. But as much of a trend as it seems, it’s much more than a fad. Evaluating the amount of energy your home consumes can be a small way to make a big difference in both your footprint and your home’s value.

Whether you opt for energy-efficient bulbs throughout your house, seal your windows, or switch to low-flow showerheads, any type of energy investment will save you money—and attract buyers in the future.

Whether it’s shopping habits, eating out or monthly memberships, cutting out any unnecessary spending can be a great way to start building wealth.

Paint Packs a Punch.

One of the simplest ways that you can make a room more valuable in your home is by giving it a fresh coat of paint. This is less important for those looking to stay for many years, but can be an effective option for those looking to sell in the near future.

Maybe your living room color is a little outdated, your bathroom is too dark, or your bedroom just needs a desperate upgrade. Opting for neutral colors can help attract more buyers and increase value over time.

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