If you are thinking about selling your home in the future, you may want to try to do what you can to increase its value. While this can be a huge undertaking, the financial gains you make will be worth it.
Here are three things to add to your home to increase its value.
Did you know that there are currently over 51 million people in the United States that are 65 and older? Many of the houses that are currently on the market aren't made with seniors in mind. This is why if you were to make your home more accessible, it would cause it to increase in value. Some of the ways to make your home more accessible include:
- Widening doorways
- Installing a walk-in shower
- Putting a master bedroom on the main floor
Doing these things will make it much easier for seniors to get around and help them be safe in their home.
Add an Addition
Besides just updating your kitchen and bathroom, another thing you could do to add value to your home is to add an entire room addition. By adding square footage to your home, you are able to increase the value. Some of the most popular types of room additions include:
- Media room
- Sun room
You can also add a bonus room above the garage, or if you don't want to create a whole new room, a bump out can help you add square feet to an already existing room.
Add New Roofing
Besides increasing the energy efficiency of your home and giving your home a whole new look, adding new roofing can also increase the value of your home. Besides that, if your existing roof is in poor condition, it will be one of the first things a home inspector will notice. This can result in a home that doesn't sell. Plus, if you decide to add asphalt shingles that are premium quality, the warranty on your roof will be good for up to 50 years.
If you have recently replaced your roof, you will still want to make sure it is well-maintained. This means there are no missing or broken shingles, there is no moss growing on the roof, the gutters are securely in place, and there are no trees hanging over the roof.
By adding accessible features to your home for the elderly, adding a room addition, or by adding new roofing, you will achieve your goal of increasing value of your home.