How to Improve Home Resale Value?
There are several projects homeowners can take on to increase both their property’s value and enjoyment. Here are a few modifications you can make to improve your home’s resale value.
Add New Appliances
Technology is constantly evolving. Many homeowners now use smart devices for both convenience and increased security. Some examples of smart devices for your home include smart locks, cameras, doorbells, garage door openers, thermostats, and smoke and carbon dioxide detectors. If you’re thinking about updating your entertainment system, there are also smart lighting and sound systems that can easily be installed to make your living space more attractive.
Landscape Your Yard
A well-landscaped exterior can increase your property’s curb appeal and resale value by anywhere from 5-15%. Minor changes, such as planting trees and gardens or adding outdoor lighting, will impress buyers who like to spend time outside. Larger changes like firepits, patios, and decks are also appealing and provide a big return at a minimal cost. While pools may be a major investment, they can also boost your home’s resale value.
Increase Your Square Footage
Adding extra rooms to your house is a big investment that could take lots of time and construction. However, it can also provide major value to your home. Creating a garage or adding an extra living space will boost your home’s value significantly. More rooms will be beneficial to buyers looking for plenty of space.
Renovate Your Home
Updating your home’s interior design is often the easiest way to improve your home’s resale value. To add value, there are several minor renovations that can be done in your home’s kitchen and bathroom, including repainting, replacing light fixtures, or updating appliances like faucets and sinks. While these changes are mostly cosmetic, it’s a great way to modernize an old home and make it feel like new to potential buyers.
Fund Your Home Improvements with Renovation Loans
Regardless of which project you choose, there are several financial assistance options available to homeowners looking to remodel. Butler Mortgage offers several loans to help you fund your renovations, including:
- CHOICERenovation loans
- HomeStyle Renovation loans
- Cash out refinance loans
Butler Mortgage has worked with buyers in the Central Florida area for more than 25 years. Let us help you find the right loan solution by filling out our free online consultation form or calling 407-931-3800.