Tips for Increasing the Value of Your Home

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Whether you are planning to stay in your home long term, or fix it up to sell it for top dollar, either way there are improvements you can make that will increase the value of your home regardless of motivation. As a homeowner you must be forward thinking. In the age of unstable housing markets, it is essential to stay on top of good maintenance habits, but those can only generate so much additional value. If you want to stand out from the other houses on the block, consider investing in more unique home improvement projects that give your house the edge. It is important to remember that even if you are not looking to leave your home anytime soon, or ever, improvements of any size elevate the beauty and functionality of your space and create a sense of pride and love for your home.

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Get Creative with a Home Lift

Installing a home lift is a great way to create a unique feature in your house, that also adds long term value. If you have a multi-level home, the availability of a lift widens the market for potential buyers. Senior citizens, and people with disabilities might not be able to even conceive of living in a home exceeding one level, a lift makes that possible. By going with a worldwide home lifts manufacturer, there are designs so you can either choose from stock or custom-made for your home. Trend is another aspect of a home lift that makes this investment timeless. This is not a trendy item, so it will never go out of style down the road.

 

Convert Existing Space

Basements, lofts, and garages are all examples of square footage inside a home that often go unused. By creating livable spaces out of these areas, you’re going to add value to your home and allow the function of your home to be spread out instead of being confined to the traditional living spaces. Going the conversion route instead of adding on additions or extensions to your home can be cost effective because typically the existing bones of your home remain intact. Not having to move around walls, ceilings, or stairwells allows for more of your project budget to go towards aesthetics and bonus features, which elevate the homes presentation and ultimate worth.

 

Mix and Match

Bathrooms and kitchens are generally the first parts of a home that add or decrease its value. Having said that, they are also generally the most expensive to renovate. Consider a combination of DIY projects, and professional upgrades to make your spaces feel fresher, without completely breaking the bank. Cabinets are expensive to replace, and install, however painting existing ones can provide a face lift to your space with minimal expense. Appliances are an area where the splurge is worth it. If your pieces are older and outdated, consider replacing them with modern versions. Having matching appliances that are modernized in the way of function and aesthetics will improve both the value of your home and positively affect the energy bills since newer products are more efficient.

 

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