Home prices in Florida were 20 percent higher in June of 2022 than they were the previous year. Some of that rise is due to upgrades that make homes more appealing.
Whether you’re trying to sell your home now or you’re planning for your future, it’s important to choose the right upgrades to boost your home’s overall value.
Let’s go over some home upgrades that will actually add value to your home.
Environmentally Friendly Upgrades
Making your home more environmentally friendly isn’t just good for the fight against climate change; it can also improve the value of your home. Plus, with tax incentives and savings on power and heat, you’ll be saving money while you’re still living in your home.
Replacing your appliance with EnergyStar versions is an easy way to make your home more environmentally friendly.
You can take it to the next level and convert your home to solar power. You could add some solar panels to your home, although you’ll still need a backup for your power supply just in case.
Changing your plumbing can help too. Low-flow plumbing is helpful for reducing the amount of water you use or waste, and therefore reduces the amount you might be spending on your water bill every night.
Garage Doors
It’s probably shocking to hear, but garage door replacement has one of the highest returns on investments when it comes to home upgrades for resale value. Garage doors make a huge difference when it comes to the appearance of your home.
This helps improve your curb appeal, so potential buyers will be interested from the jump. This will also make it easier to have the real estate closing go in your favor as buyers will be more competitive!
Outdoor Space
In the same vein as garage doors, making sure your home looks its best from the outside will help increase its value. Landscaping is one of the cheaper upgrade options for your home, but its value is huge. Even just maintaining your lawn or getting it reseeded can be a huge help.
If you don’t have a patio or deck on your home, you may want to consider adding one. Especially in the aftermath of the pandemic, buyers appreciate seeing outdoor space that they can imagine themselves spending time in. So, try and make your new patio or deck as inviting-looking as possible.
Upgrade Your Windows
Another great home upgrade to consider is to switch out your windows. This can also be an energy-saving measure. If you have an older home, you can change your old windows out to energy-efficient ones. This is also a good way to upgrade your home’s appearance.
Try These Home Upgrades Today
These home upgrades are sure to help you raise the value of your home.
Are you looking for title companies run by real estate attorneys in the Emerald Coast area? Make sure that you contact us and request a quote for your needs.