Friday, September 2, 2022 / by Jake Uriegas
EIGHT UPGRADES THAT INCREASE YOUR HOME’S VALUE
Are you thinking about building a new home?
If so, there are some upgrades you need to consider that'll boost the value of your home, giving you a big head start on your most valuable investment.
Here are eight upgrades that will increase the value of your new build, giving a better return on your investment than if you waited to upgrade just before selling.
Building your own home means adding in everything you want – but you want to focus on making upgrades that guarantee a return on the additional expense instead of risking a loss later on.
While this can vary depending on the area and price range, in general, focus on upgrades in these 8 areas:
1 - The Kitchen - Focus on counter space and cabinets to maximize workspace and storage. Consider adding an island to increase seating and counter space.
Also, think about aesthetics - countertops, stainless steel appliances, and nice flooring will add a satisfying finish to your kitchen.
2 - Extra Interior Space - If you can afford to make your house larger than planned or add more
storage space, do it!
An extra bedroom or bathroom could significantly impact your resale value.
3 - Open-Concept Floor Plans - An open floor plan that maximizes the space in a home has been
popular for a while, and we don't see that changing anytime soon.
4 - Bathrooms - Adding, a little extra to your bathroom budget, will result in timeless spaces which
Think deep tub, large walk-in shower, and appealing countertops.
5 - Go Green - Upgrades that are eco-friendly or energy efficient, such as added insulation or
better windows, are also great additions to your home, making for an attractive selling point later on.
6 - Floors - Swap out laminates for hardwood floors or install porcelain tiles instead of ceramic.
Don't skimp here - floors that need replacing can sink a sale.
7 - Smart Home Technology - The next generation of buyers are tech-savvy millennials.
Smart homes are huge right now, and while these upgrades can sometimes be pricy, they'll typically pay themselves off in a couple of years.
8 - Improved Outdoor Space - With many people working from home now, outdoor living is a hot commodity.
Work with a landscape company to map out how to make the most of your new space while maintaining your budget.
Photo by immo RENOVATION