One of the great things about owning your own home is you have the chance to build equity. This makes your house a valuable asset. With the exception of a retirement plan, a home is often the biggest asset many individuals will ever have. There a lot of ways you can add more value to your house. You can make improvements overtime or right before you decided to sell your house home in Reno Nevada. If you want to add more value to your house in Reno Nevada, you need to make logical improvements meet that appeal to buyers. Before we get started make sure you know the difference in Market Value and Assessed Value.
If you would like more real estate related tips, visit my Local Reno Nevada Real Estate Blog. I post daily to help you with all your real estate related needs. Being unique will not always add value. In this article we will go through what improvements you can make to add more value to your house in Reno Nevada.
The Curb Appeal
Every Realtor in Reno Nevada will tell you that curb appeal in Reno Nevada is one of the best ways to add more value to your house. When people walk up to your house and pause for a minute to admire it, you know you accomplished a good thing.
But what is appealing?
Appealing is a bit of a relative term, after all, what appeals to one person might be completely different to another. Hardscaping and drought-resistant types of front yards are often created for simplicity, ease of upkeep and environmental benefits. But these aren’t the selling tools for your home. Get some grass out there, even if it isn’t a lot. Add color with flowers. Trim things back and light walkways. While someone might come in after buying and put cement everywhere, you’ll attract more buyers with a traditionally appealing front.
Open Things Up
You don’t need to tear down walls to open things up. Sure this is the common practice in almost every HGTV remodeling show in existence. Everyone wants an open floor plan. If you are planning on being in the home for a while before selling and want an open floor plan, by all means, get the sledgehammer out.
However, you can open things up by making sure windows are cleared of clutter and trees outside are trimmed. Natural light opens up every room. Lengthen drapery to create a feeling of taller ceilings. Keep things light and neutral colors using accent walls to highlight room features. Furnish to the size of the room, not to the years you’ve been in the house.
Adding value often means keeping up with the basics. Yes, the exciting things that homeowners hate to deal with: plumbing, heating, AC, roofs, and appliances. A person who has taken the time to budget and repair or replaces these home items regularly has most likely taken the time to care for the rest of the house. This might include changing weather rotted window trims, broken screens and keeping rain gutters free and clear of debris.
Would you pay as much for a house that needed a new roof? Sounds crazy, but upkeep adds value.
Odds and Ends
Sure a person can do an entire remodel to increase value. Kitchens and bathrooms are generally the rooms to redo; they offer the biggest returns on investment. With that being said, replacing faucets and doorknobs can do a lot to update and enhance a home. Changing the hardware on kitchen cabinets with a fresh coat of paint is sometimes enough to change the entire look and feel of a kitchen. Doing little things over time is less overwhelming and feels less costly than doing it all at once.