If you’re looking to increase your Louisville home’s market value, we’re here to help. We’ve listed down a number of tips you can try to increase your property value in Louisville, Kentucky and get a big return on your investment.
Tips To Improve Your Home’s Market Value
1. Upgrade Your Bathroom And kitchen.
Bathrooms and kitchens are some of the first rooms buyers see and judge when they enter your home. They are also one of the first to be dated as appliances, finishes, and other designs fall out of style.
Because bathrooms and kitchens are so important to a home’s market value, it would be smart to put in the money to upgrade or renovate them. Keep up with the design trends and make your bathroom and kitchen more modern. You don’t have to spend a lot to make them attractive; sometimes a strategically-bought appliance or a bathroom expansion is all it takes to attract potential buyers.
2. Improve Your Curb appeal.
How your home looks from the street, also known as curb appeal, is your only chance to make a good first impression. Your home’s exterior should make a potential buyer want to walk through your front door to check the rest of the property out.
You can achieve this by investing in landscaping services to improve your lawn. A great front yard can make all the difference in a sale.
3. Invest In Energy-Efficient Home Features.
The homebuyers of today prefer homes with eco-friendly features. This is because energy-efficient appliances and features not only help reduce carbon footprint, but they also lead to significantly lower utility bills.
If you’re upgrading in-home appliances like your oven or your furnace, choose energy-efficient equipment that can lower your bills. Investing in a smart thermostat that improves energy efficiency is also another upgrading option you should try.
4 .Repaint Your Home.
Something as simple as repainting your home can significantly increase its market value. Whether you’re painting your living room, kitchen, bedrooms, guest rooms, or even your front door, a bright coat of paint can make them look brand-new. They also instantly add some charm to your home’s overall appeal.
5. Add “Smart” Technologies Into Your Home.
Nowadays buyers want homes with smart technologies already incorporated into the home systems. Adding smart technologies like security cameras, door locks, lighting fixtures, carbon monoxide detectors, thermostats, and fire detectors are some smart tech upgrades you should consider adding into your home.
6. Make Your Home Seem Bigger.
Bigger homes tend to sell for more money. If you can knock down a few walls to open up your living space, it might be best to do so! Historical data shows buyers are looking for homes that have open floor plans or at least appear spacious as they are easier on the eyes.
However, before you knock down a wall or build another bathroom, think about the costs. Your upgrade or renovation expenses should not exceed your home’s resale value so you could secure some profit. Just make sure that the space you add to increase your home value is well-within your budget.
These modest changes are sure to improve your Louisville home’s property value in no time at all. The earlier you start these upgrades, the better, so equity can build up and you can sell your home for a nice listing price.
READY TO SELL? BOOK A CALL WITH US TODAY
RYLO Homes is a real estate solutions company that specializes in solving your frustrating real estate problems for you. We will be your personal guide during your home selling process. We buy houses in Louisville, KY in any condition. No realtors, no fees, no commissions, no repairs, and don’t worry about cleaning the property, we’ll do that all for you.
Our goal at RYLO Homes is to improve the overall quality of housing for the residents at Louisville, KY. We buy houses in just about any condition and situation, including foreclosure, late mortgage payments, or fair market value. To find out more about our home purchasing process, give us a call at (502) 317-8553 today.
