Additions That Will Increase Your Home Resale Value

Getting to make your home exactly how you want it is one of the best parts of homeownership. However, you also need to keep your home’s resale value in mind as it ages. Most people don’t live in the same house their entire lives, so it’s worth the effort to make your home attractive to potential future buyers. In this article, we’ll go over a few additions that will increase your home resale value to help you decide on what might be worth your time, effort, and money.

Energy-Efficient Installations

Energy efficiency and conservation are on a lot of people’s minds nowadays. A lot of smart technology—smart thermostats, for example—have the specific intent of conserving energy, and many buyers love these additions to a house. If you plan to live in your house for a while longer but still want a worthy investment, installing solar panels can improve your home’s energy efficiency while still increasing its attractiveness to buyers in the future.

Landscaping

The outside of your home is the first thing a potential buyer will see when it comes time to sell. That’s why good landscaping goes a long way. Putting in more greenery, adding on a deck or patio, or even installing a water feature can transform your home’s exterior to attract more attention. Just consider the maintenance work involved when you want to add these kinds of additions.

Finish the Basement

Many homes have unfinished basements, even though leaving them that way wastes perfectly good floor space. Having a useful basement instead of just a sparse underground area can pay off a lot when it comes time to sell your house. This is true of your attic as well; if you have the space available to you, you might as well utilize it to its fullest potential.

Increase Floor Space

Perhaps the biggest expense in terms of additions would involve adding onto the entire home itself by expanding the floor plan. Adding on more rooms or knocking out walls that create unnecessary barriers increases the amount of usable floor space, which translates directly into more money when you want to sell your home.

Home Office

One of the most recently relevant additions that will increase your home resale value is creating space for a home office. Working from home is much more common right now, but not everyone enjoys working from their couch or kitchen table. Having an extra space just for work is a big plus for many people who work from home.