What actually increases the value of a home?

Add usable square footage · 3.Make your home more energy efficient · 4.Founded in 1976, Bankrate has a long history of helping people make smart financial decisions. We have maintained this reputation for more than four decades, demystifying the financial decision-making process and giving people confidence about what steps they should take next. Start by repainting any room with a “strange color combination,” says Timothy Wiedman, a personal finance expert and lover of homes. For example, did you let your 11-year-old daughter paint her room deep pink 10 years ago? If so, that's a good place to start.

The same goes for bathrooms. A mid-range remodel, including new floors and updated accessories, offers a 67% return on investment, while a luxury bathroom remodel that includes floors with underfloor heating, custom cabinets and designer accessories yields an average of 37%. When thinking about how to increase the value of a home, base your expectations on reality. Upgrades rarely recover 100% of their cost, but they can make your family more comfortable and even help your house sell faster.

Insurance services are offered through NerdWallet Insurance Services, Inc. No. California resident license, OK9203 insurance licenses. One of the most affordable yet effective ways to add value to your home is to simply clean and tidy it up.

A clean home looks good and allows prospective buyers to see themselves living in their space. Whether you plan to sell in the near future or simply want to continue to increase the investment value of your home, there are many steps you can take to increase the value of your home.

Tara Hudspeth
Tara Hudspeth

Freelance pop culture enthusiast. Proud music trailblazer. Total pop culture trailblazer. Hardcore tv specialist. Subtly charming tv junkie.

Leave a Comment

Required fields are marked *