9 ways to increase the value of your property
For most people, buying property is the biggest investment they will ever make. So how can you maximize the value of your home? Here are some of the most effective ways to increase the value of your property.
1. Landscape design
When someone visits your property, landscaping is one of the first things they’ll see. There are lots of ways you can update your landscape design, from planting trees to choosing new plants or adding a water feature. According to Florida’s Lawn Service, landscaping can increase your property’s value by up to 20%.
2. Check the roof
Realtor Jeramie deBerard says that one of the most common questions buyers ask, is:
“When was the roof replaced?”
Hopefully, you won’t need to splash out on a full replacement. But you can keep your home’s value high by maintaining the roof and guttering, and staying vigilant for any storm damage or wear and tear.
3. Add a home office
In 2020, 44% of workers in the United States spent time working at home. And it looks like remote work is here to stay.
That means home offices are more valuable than ever. They don’t have to be huge, luxurious spaces – but a comfortable, well-lit workroom with plenty of power points can make a big difference to the value of your home. Adding a home office is in the top 10 most valuable home improvement projects. Private fitness centers and home gyms are also very popular for properties in Florida.
4. Update windows and window treatments
Repairing or replacing windows gives your home an instant facelift. And the right set of shades or blinds can make even the simplest room look elegant. Window treatments can even make your property more energy-efficient, adding to its long term value.
5. Create an open-concept kitchen
Research by Redfin shows that adding an open-concept kitchen is the most valuable home upgrade for property in Miami, FL. Open-plan designs are stylish, family-friendly and easy to maintain. What’s not to love?
6. Install a pool or deck
For many people, a home just isn’t home without a pool. And they’re willing to pay for the luxury. According to Beautiful Homes Miami, you can expect to recover 77-80% of the cost of a pool when you sell your property. That’s how much value a pool or deck can add to your home.
7. Fresh new appliances
Built-in appliances might seem like a minor detail – but they can make a big difference to property value! Even the design of your appliances can make a difference to property value. Right now, stainless steel appliances are top of the list.
8. Create a welcoming view
Here’s a tip that really matters when you put your property on the market. First impressions count – so make sure your house looks great on the outside. According to Great Florida Homes, it’s the little details that make all the difference. Updating your doorbell, mailbox or welcome mat is a cheap and easy fix.
9. Change home fixtures and hardware
Details matter inside your home, too. If you want to make your property look up to date – but you don’t want to invest in a big remodel – then focus on the hardware. Replace water faucets, light fixtures and door handles. This is an easy way to change the look of a room without any major work.