No matter if you've recently purchased your home or you've lived in it for a while, there's always time to increase its value. You should begin by crafting and executing a plan of attack. This should include taking proactive measures to make sure that your home doesn't lose value but gains value. You don't know what the market will be like when you do decide to sell. For this reason, homeowners should make it their goal to increase property value. Read on for eight tips that can help increase the value of your home.

Make Repairs Inside and Out

One of the most common mistakes homeowners make is ignoring small issues around their homes. A small crack against the wall might seem like just a scratch, but over time those cracks can severely damage the structure of your home. This will cost you a lot more time and money to repair than a small crack. You need to be vigilant about these things. There is no excuse for missing red flags like cracks and the smell of water.

Unfortunately, there are times when issues outside the home are overlooked. After all, how many times do you really look around the outside of your home? You should make it a habit to inspect the exterior of your home, including your roof. There are many consequences of a damaged roof that can become a serious issue if not taken care of right away. A small opening may allow water to go into your home, causing damage and leading to mold growth. This is not an issue you want to deal with. Mold can be not only difficult to remove, but also very expensive.

Make It More Energy Efficient

No matter how great your home looks, if a buyer can't justify paying high utility bills, you simply won't see the offers coming in. So, what's the best way to make your home more energy efficient? Let's begin with the largest door in your home, the garage door. Unfortunately, when homeowners think about adding insulation to their home, they often forget their garage. The garage door is usually made of thin aluminum or steel sheets. This allows energy to escape easily. The best way to fix this issue is to install insulation on the garage door. Fortunately, this is a quick and relatively inexpensive task to accomplish. Other parts of your home you should look into making more energy efficient are the windows and lighting. You should especially focus on unnecessary lights that may be kept on throughout the day.

Make It Smarter

As more and more millennials enter the housing market, certain things are going to change. This includes their demands in terms of technology. When they enter a home, they will expect certain features to already be installed. Things like, smart thermostats and smart alarm systems. They will want tech that can detect carbon monoxide and break-ins. Current homeowners can integrate these features into their homes if they want to increase their home value. The good news is that many of these devices are affordable and can be purchased from almost any big box store.

Make It Bigger

The fastest way to place more value onto a home is to add additional rooms. Square footage matters to many homeowners. Begin to think about adding a room or two to your home. Now, this doesn't have to be an entirely new wing of your home; you may instead choose to add an extra bathroom or simply convert your basement into an extra bedroom. Note that you should always seek professional advice when adding extra rooms. This is to make sure that the addition of a new room can bring you more than what you put in. You also don’t want to run afoul of city building codes, this can seriously devalue your home.

It’s in the Details

Adding value to your home doesn't have to consist of big expensive projects only. One of the most effective ways to increase your home's value is by simply fixing the small details around your home. These may include doorknobs, window frames, and even garage door handles, to name a few.

Landscaping

Your curb appeal is one of the top three selling points of a home. That is why it is so important to find ways to improve your property's landscaping. When it comes to improvements, there is an endless list of things you can do to make your curb appeal that much better. You can begin with your lawn. The lawn is the centerpiece of any good-looking yard and this is the reason why you should pay special attention to it throughout the year. Other aspects of your yard include dead tree stumps, weeds within your driveway, and the flowers planted alongside your home.

Add Storage to the Kitchen

There is nothing more appealing to a buyer than tons of storage space within the kitchen. Don't worry; you won't need to overhaul your entire kitchen cabinets. A great way to add additional storage to your kitchen is to look up. Yes, that's right, right above certain appliances are plenty of room for floating shelves. This can be a great alternative in the event you don't have a full pantry in your kitchen.

Don’t Forget the Bathroom

Remodeling a bathroom can be a very expensive project to take on and sometimes won't have a good ROI at the end. However, this does not mean you should totally give up on the idea of sprucing up your bathroom. A high-quality bathroom can increase the value of your home and should be carefully planned out. This includes choosing the right faucet design, curtain rod, and even the right toilet handle. These small details can truly bring a bathroom to life and help in pushing your home's value upwards.

Creating value isn't something that can only be achieved through big expensive projects. Simply adhere to the list of tips above to begin making small and affordable upgrades to your home that can no doubt increase your property's value when the time to sell comes.

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