5 Features That Increase Home Value
Summer is nearly here, kids are starting to get out of school and the weather is becoming nicer, which means it might be a good time to renovate your home. Whether you want to update some features to make you home more enjoyable or you are looking to increase your home value to put on market later this year, here are our top 5 features to renovate that offer you the most bang for your buck.
5 Features that Increase Home Value
1. Kitchen Upgrades
2. A Modern Pantry
3. An Inviting Entry
4. An Open Floor Plan
5. Laundry Room
1) Kitchen Upgrades – Your Best Home Value Investment
No other single renovation can increase the value of your home more than upgrading the kitchen. Since it’s the heart of the home, it makes sense to spend a significant portion of your renovation funds in that area. House shoppers turn away from small, cramped spaces, so if you’re going to upgrade, consider opening up the kitchen so that it flows with the rest of the house. Once you have designed the perfect kitchen layout, carefully select countertops, the best kitchen flooring, finishes, and cabinets. And don’t forget your kitchen lighting! No one likes a kitchen where they can’t see.
Pulte Homes know how much home buyers love large open design kitchens, so all of their designs feature spacious plans to not only make life more enjoyable but to also ensure the property value keeps increasing years into the future.
If you’re looking to keep your kitchen and other parts of your home in great condition check out our collection of Home Care Guides:
2) The Modern Pantry Adds Value and Convenience
If you have enough space, get the most bang for your buck by creating an oversized pantry. Not only will you have more room for your bulk groceries, but you’ll also enjoy a kitchen with less clutter. A large pantry is considered a must in a gourmet kitchen, so if renovating your kitchen is in your future, make sure you include a spacious pantry in your plans. And, if you are blessed with an already large space, consider taking some time to organize your pantry. Not only will this show better, but, it also makes your life much easier.
3) Create an Inviting Entryway
Introducing your home with a welcoming entry will impress your family and friends as well as improve your home’s value. Not only is it fun to redecorate the foyer, but it’s also one of the least expensive ways to add appeal and pizzazz to your abode. To get more ideas from how to pick the perfect paint colors to choosing statement pieces that will get attention, read our entry décor and design tips.
4) Open Floor Plans – The Preferred Design
Whether you’re listing your home for sale or visiting an open house, keep in mind what can raise a house evaluation and appraisal value. One of the most important aspects is the flow of the home, that’s why open floor plans are so popular. If you own an older home that's chopped up into smaller rooms, consider renovating it by knocking out some walls and creating a larger great room that flows into the kitchen area.
This type of full-renovation is more extensive than mere cosmetic upgrades so before you get started knocking out walls, you may want to compare how much it would cost to renovate your current home versus purchasing a new Pulte Home that offers open floor plans.
5) Laundry Rooms – More Important Than You Think
When upgrading to increase your resale value, it’s all about strategic planning and using your resources wisely. An easy upgrade that won’t break the bank is renovating your laundry room. Although this room is often neglected, planning and a little TLC can go a long way towards increasing the value of your home. Need some inspiration? Take some tips from Pulte’s Super Laundry.
Should You Renovate or Sell?
Whenever you upgrade anything, it’s important to consider the average home resale value in your area. You don’t want to waste thousands of dollars in upgrades and renovations only to find out that the homes in your neighborhood sell for much less than you were hoping for. You might find it better to forget the renovating and purchase a brand new home that has all of the five features we mentioned. Find new homes for sale in your area and use that renovation money to buy a new home you will absolutely love!
Contributed to Your Home blog
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