Four Ways to Add Value to Your Home

Last updated on
by Prospera Credit Union
in Post Catgories: Home Loans

1) Boost Your Curb Appeal

Twilight exterior of the home has beautiful manicured lawns.

While the old saying warns about judging a book by its cover, ensuring the exterior of your house is attractive enough to make buyers want to walk through it is challenge number one.

If you want to increase the value of your home then start with its curb appeal by making sure the exterior is well-maintained – landscaping, siding, doors, etc. 

A small Autumn display of gourds on a front porch creates a welcoming vibe.
Do you have some room on your front porch? Consider a small porch display to create a welcoming vibe. Cat or no cat, a few gourds can do the trick in the fall.

2) Kitchen and Bathroom

father and son painting the walls of their home

Updating these two rooms will add the most value to your home. And the best news is that it doesn’t have to be overly fancy or expensive. It’s amazing what a fresh coat of paint, new floors and updated fixtures can do.

3) Nobody Likes High Maintenance

Installing new roof with nail gun and shingles.

If you have some big-ticket items that are nearing their expiration date, consider replacing them. Think furnace, water heater, roof, etc. Replacement of these items help calm anxieties among homebuyers who might be worried about having to replace something costly right away.

4) Go Big or Go Home

Bright, freshly refinished basement.

If you are willing, and have the resources, adding on to your house will add value.

Adding a room will make a definite financial impact, but if you need to go smaller, think about adding living space like a finished basement or adding a deck.

These items may not hit the appraiser for added value, but if you are selling, a buyer may see these as a deciding factor between your home and another.

Ready to Increase Your Home's Value?

A Home Equity Loan or Line of Credit are the ideal way to pay for larger improvements. If you do not yet have the equity in your home, we have other options such as a Homeowners Loan.

View Home Equity Options