Hello World! Welcome Friends! Explore ways to increase your home’s value with unexpected elements, such as wide span shelving and storage racks, perfect for organizing and displaying items. This guide offers insights into how strategic updates, including functional and aesthetic improvements, can significantly enhance property appeal and market value, catering to both practical needs and design trends.
1. Being Across From a Starbucks
The average person drinks about three cups of coffee per day. You use it to power through work or have the energy to take care of your kids. So, if you own a house across from Starbucks it could increase the value by about 96%. Since people grab a coffee on their way to work, having a Starbucks nearby is more convenient.
2. Installing Smart Devices
Smart devices make your life simpler and can offer energy efficiency. About 86% of millennial buyers are willing to pay more for a home with smart technology. The most popular smart home devices are security systems including smart locks. Smart thermostats are another popular amenity. These keep your house at a comfortable temperature and lower energy bills.
Here are some more electronics to add to your house:
- Smart lights
- Smart speakers
- Smart doorbells
- Smart shades
- Smart smoke detectors
3. Painting With Blue
Blue is a calming tone that can bring in a sense of nature. It’s perfect for your kitchen and bathroom walls. In fact, light blues and soft periwinkle provide the best return on investment (ROI). In fact, some homeowners would pay $4,698 more for a house with a blue bathroom.
Grays and greens are also colors that can increase your home’s value. Although, stay away from using mint green in your kitchen.
4. Being Near a Military Base
Want to be part of a patriotic neighborhood? A house near a military base is valued at about 34.8% more. The higher value could be because active-duty members want a shorter commute. Also, the base often provides resources and a sense of community. Keep in mind the type of base you live by also plays a role. For example, army bases are valued at a higher price.
5. Having a Community Garden
If you enjoy gardening, establish one in your local community. Gardening can have many health benefits such as improving strength and reducing stress. A garden is also beneficial to the community by improving air quality and providing food. Plus, the plants can enhance curb appeal and increase your property’s value by about 5%.
6. Being Close to Public Art Displays
Art can provide a sense of expression and enhance the appeal of a community. It can also bring people together. Plus, well-done murals can make a home stand out. The rise of street art is an increasing trend adding value to neighborhoods. With the addition of artist studios, the median price of a home in Brookland rose 26.2% in 2017. The one downside is the higher prices may cause some artists to leave town.
7. Adding Outside Lights
Outdoor lighting is a simple and inexpensive way to increase your home’s curb appeal. It improves the aesthetic appeal and safety of your backyard. Outdoor lighting can even increase your home’s value by 20%. Plus, lights are perfect for those late-night summer gatherings. You have a variety of options including string lights, floodlights and step lights.
Add some comfortable seating or a fire pit to create a cozier atmosphere. Also, adding a deck provides a great place for entertaining and a high ROI.
8. Close Proximity to the City
Living near the city gives people easy access to public transportation. Also, there is often more nightlife and more diverse culture within cities. Plus, there are more job opportunities in urban areas. That is why homes in metropolitan areas, such as New York, cost more. For example, the average price of a one-bedroom in New York is $2,180.
9. Being Near Parks and Playgrounds
Being near green spaces attracts buyers who enjoy nature. Parks are great places to walk or visit friends. Also, they are fun places for families to spend the day. In addition, the trees absorb airborne particles and reduce air pollution. Plus, living near a park boosts your property’s value between 8%-10%.
10. Incorporating Trendy Decor Elements
Interior design can enhance your space. It’s about more than just choosing paint colors. Certain unique features, like barn doors or farmhouse sinks, can appeal to buyers. In fact, having barn doors can increase your home value by about 13.4%. Make sure to note these fixtures in your listing description.
11. Taking Advantage of Unused Space
Do you have an empty bedroom or basement? Instead of just using it for storage, turn it into a livable space. With people spending more time at home buyers are attracted to functional areas. Plus, this will cost you less than doing a full renovation. For example, since more buyers are working remotely, turn your unused room into a home office.
Here are some other things you can transform your space into:
- Playroom
- Gym
- Guest bedroom
- Game room
- Library
12. Making Energy Efficient Upgrades
Increasing your home’s energy efficiency can save you money on your monthly expenses. You can make simple upgrades, such as installing energy-efficient windows. Also, seal gaps around your casements and doors. You can use caulk or weatherstripping. In addition, buy energy-efficient appliances and add insulation.
Factors That influence a Home’s Value
When you sell your home, you want to get the most value. While major renovations may be the first thing to come to mind, there are a few factors that might surprise you. So, review this list before selling your home.
Click the links below for any posts you have missed:
10 Tips for Installing a Home Play System
9 Reasons Why Property Valuations Service Are Important
Make Sure That Your Backyard Is Comfortable
Sending Your Products to Buyers
Make Your Home More Appealing to Modern Buyers
I’d love for you to join my email list! You’ll receive a notification straight to your inbox which will include links to my latest home project posts! Simply enter your address below.
Thanks for stopping by! Have a wonderful day/night depending on where you are in the world! Go with God and remember to be kind to one another!
Toodles,
[…] 12 Unexpected Things That Increase Your Home’s Value […]