Designer Tips to Increase Home Value

Even when designing your dream home, resale value is a major consideration in home design or a renovation. A home is typically a person’s largest asset. And with that, design decisions are not only an aesthetic decision, but financial one as well. Knowing where to invest your money for the best return is beneficial in making your home stand out from the rest.

Everything Does Not Need to be New

It’s impossible to please every prospective buyer with one style or trend. Keeping the roots of the home design can pay off big time instead of looking to modernize everything in the home. The traditional element of the home can bring character and charm with it that will keep the overall design cohesive and welcoming.

Maximize the Square Footage…Even If You Don’t Have A Lot

Furniture selection and location to fit the scale of the room can help make the space feel bigger. The square footage of course will directly affect the price of the home, but if you can make a home feel more spacious, buyers will be able to see the potential in the home.

The Heart of the Home – The Kitchen

When spending money on your home, you’ll find no better place to focus that cash than on the kitchen. It doesn’t matter if you’re a chef or the take-out connoisseur, the kitchen is used for eating, storage, drinking and socializing. It’s the place most people flock to. Even minor upgrades, such as updating the hardware, adding a new sink, replacing dated lighting, will all add value to the home.

Bathroom Upgrade = Big Returns

A kitchen upgrade will bring the best return on investment. But bathroom upgrades are the next best choice. They generally are not large spaces and a little upgrade can go a long way. Consider updating vanities, adding a glass shower, changing light fixtures or updating old hardware.

Can’t Have Enough Storage

You can never have too much storage. It’s important to have ample storage that can be used for a variety of purposes. Having plenty of storage will allow for you to grow in the home as well as let potential buyers visualize them growing inside the home.

A Fresh Coat of Paint – Makes All the Difference

The most cost-effective way to spruce up a space is with a fresh coat of paint. It makes the room feel updated, clean and without impacting your wallet a great deal [even more so if you paint yourself]. If you are thinking that you may be selling your home in a short time, avoid paint colours that are too bold, as neutrals are safer choice for potential buyers.

Be Clean & Organized

Working to declutter a home is always a good way to show the value of your home. It will leave the home feeling larger and more manageable for buyers. Plus, it will feel better to live in a home that is organized and clean.

The Curb Appeal

It’s true when they say, the first impression matters. Maintain the front yard. Keep plants watered, rake leaves, cut the grass, and ensure all the exterior lights are working. Do any updates that are required. Peeling paint or cracked exterior walls to make a great first impression. Having a good impression from the exterior will generally follow when entering the home.

Energy Efficiency

Green and sustainable buildings are important factors in today’s world. We are all looking for energy efficient homes to help minimize the impact on the environment. Offering a home with energy efficient options can help entice potential buyers. This can be done with small things such as LED lightbulbs and energy efficient appliances to bigger things such as solar panels, smart home thermostat, rainwater collection and HRV units.

Master Oasis – Add a Walk-In Closet

Adding a large, function walk-in closet to the master bedroom will add value to any home. It screams luxury and excites potential buyers. Prices for walk-in closets can vary greatly depending of using stock or custom pieces, but finding affordable options that has a high-end look is achievable if you do some research.