The value of your home is one of the most important things to consider as a long-term investment. Due to this, it is crucial to constantly think about how you can improve it. This guide will go over how you can increase home value quickly and easily.
Master Bathroom
In general, a full master bathroom can add about 5.7% to the overall value of a home. In a dollar amount, that comes out to an increase of about $17,000 - $18,000. Of course these numbers could change depending on several different factors. A master bathroom adds comfort, relaxation and style to a home design. Below are the best ways that you can improve your home value by maximizing the quality of your master bathroom design.
Add a Walk-in Shower
A walk-in shower adds the sauna-like aspect of comfort into a bathroom design. It is also one of the most attractive types of design elements that home buyers look for. The open walk-in shower design allows users to comfortably move and use the shower effectively. This shower should include a high quality shower head, such as a rain shower head. The shower are should also have sufficient storage methods such as shelves, hooks or baskets. It should also feature beautiful design elements such as glass doors, pebble flooring or various others. A walk-in shower design should be ergonomically designed and comfortable.
Optimize the Vanity Area
The bathroom vanity will see the most use out of essentially any other fixtures in your bathroom design. The vanity houses several key elements of the bathroom environment. For example, the bathroom vanity has the bathroom sink as well as all of the necessary vanity accessories. The bathroom vanity should have enough counter space or storage space in order to properly accommodate those using it. In addition, a vanity should be universally comfortable. Consider double sinks or double vanities for a master bathroom. You should also consider a beautiful high quality bathroom mirror.
Sufficient Storage Solutions
The master bathroom should have sufficient storage for both the health and comfort of the design. If the bathroom has effective storage, the area looks cleaner, therefore, more attractive to buyers. Storage can come in the form of several different important features. Cabinets, drawer units, bathroom vanities, shelves and recessed storage options are some of the most popular ways to do so.
High Quality Flooring
Flooring is the base of a high quality bathroom design. A beautiful floor is not only great for the longevity of the bathroom, but it is a key factor in increasing home value. In a bathroom, many designs will benefit from unique and beautiful flooring designs. Tile and stone are two of the most common types of flooring options. These options are extremely versatile. In addition, they are resistant to damage, which is incredibly important to home value.
Color is Key
If you plan on selling your home any time soon, you need to make sure your bathroom has some great colors. Try not to make the colors too bright or unique. This can turn away buyers. Instead, keep your color neutral yet personalized. This will give a sense of both personality and quality to your bathroom design, that will appeal to the greatest number of people. Color should be carefully thought through not only on your walls, but in every fixture in the design.
How Much Does Adding a Bathroom Increase Home Value
Adding a bathroom can be one of the most impactful decisions you can make in your home. Depending on the size and scale of your home, adding a bathroom can raise home value by quite a bit. Of course, there are some things to consider before all is said and done. For example, you shouldn't oversaturate a home with bathrooms. On the other hand you need to make sure the home has enough. In general, an additional bathroom can add anywhere from ten to twenty percent.
Master Bedroom
The addition of an accommodating master bedroom can add an average of 6.2% to the overall value of your home. This comes out to an average dollar increase of about $19,000 - $20,000. A bedroom is not only essential to a home design, but it is one of the most important rooms in the house in terms of comfort and relaxation.
Floor Space in Important
In a master bedroom, the amount of space available is incredibly crucial. The amount of floor space will dictate how freely one can move and how much they can fit into the space in terms of furniture and storage methods. In addition, the floor should be made of something beautiful and durable. Hardwood flooring is generally much more desirable than carpet, so consider this as an option.
Declutter the Room
By decluttering the area, the space in the room becomes much more open and comfortable. Decluttering can be done by removing unnecessary furniture, decor or other similar items. Clear the area out to make room for other important pieces of furniture or items in order to make the bedroom as visually appealing as possible.
New Windows for Natural Light Solutions
New windows, especially in a bedroom, can be incredibly beneficial to the health and efficiency of the area. If you are concerned about electricity costs, natural light through the addition of new windows. In addition to new windows, you should consider some beautiful shades or blinds to accurately control the amount of light coming into the room. This is very valuable to a bedroom’s overall value.
Living Room
On average, an updated living room can add about 5% to the value of your home. This will come out to about $15,000 to $17,000 in an actual dollar amount. There are several easy ways to improve the living room in your home to increase its value. A living room is used virtually every day, so it is important that the quality is high.
Expand the Area
By expanding the overall floor space of your living room, multiple possibilities begin to open up. This can be done by tearing down a half wall that may be used as a border between rooms. It can also be done by removing overly large entertainment systems or large cabinet units. Depending on your specific living room design, this can be done in a number of different effective ways.
Add Some New Flooring
Any room in the home can increase in value if it has brand new flooring. Some flooring is better than others, so explore your options to see what would be best for your situation. Hardwood flooring is always a great option. If carpet is your only option, make sure it is a high quality carpet that is in style. It is also important to make sure your new flooring is easy to clean and beautiful to look at.
A Beautiful Entrance to the Area
By incorporating an elegant entrance to the living room, it will become a much more welcoming place to be. The entrance does not have to be extravagant, but it should be a beautiful and comfortable way to transition into the area. This entrance can be a doorway or an open space depending on the specific living room design.
New Windows For Maximum Visibility
Much like the other areas of the home, new windows are great for adding visibility to the area while simultaneously opening up the area to nature. New windows can be creative additions that offer great elements of functionality and design to a living room. Add some beautiful curtains or shades to the windows in order to make the design complete and cohesive.
Kitchen
If you want to greatly increase the value of a home, a kitchen is one of the most important rooms to focus on. In general, it will depend on the upgrades you are doing to your kitchen that will dictate the increase in value. It is similar to other rooms in your home, increasing home value by about 3% to 6%. Here are some of the best ways you can upgrade your kitchen to increase home value.
Brand New Appliances
The best way to make your kitchen look more attractive is through the inclusion of new appliances. This includes stoves, microwaves, dishwashers and any other appliances that are commonly found in kitchens. These appliances will result in a more efficient and comfortable kitchen experience. New appliances can also look very sleek and modern, making them much more appealing to the average home buyer.
High Quality Sink and Faucet
One of the most used areas of the kitchen is the sink area. This is where dishwashing, organizing utensils and various other tasks will be done. Due to this, you want to have a sink with a large enough basin and durable base material. Stainless steel is incredibly popular in modern kitchen sinks. In terms of a faucet, you should consider one with multiple spray functions and a detachable spout. This way, mobility and accessibility is maximized.
Magnificent Countertops and Surfaces
Any beautiful kitchen will draw eyes to its amazingly designed countertops. Granite countertops are very appealing in many kitchen designs, with various different colors and styles available to choose from. Other materials such as marble, soapstone, quartz and solid surface materials are popular as well. Choose a countertop material that goes well with the overall theme of your kitchen in order to make the area look more cohesive and elegant.
Update Your Lighting
Lighting is incredibly important for the health, safety and visibility of a kitchen design. Your kitchen should have lighting above the sink, above the stove and essentially anywhere that needs a high level of light and visibility. In addition, this lighting can be incredibly beneficial to the aesthetic design of the area as well. Get creative with your lighting while keeping in line with the modern kitchen lighting trends. This will be a great way to make your kitchen more valuable and attractive. It is also one of the most important elements to include in your dream house.
Dining Room
A dining room is a place where families can sit down and eat together or invite guests over for a nice dinner. Because of this, it can be incredibly important to some people. On average, an upgraded dining room can add about 4% to a home design. This comes out to about $15,000 in an actual dollar amount. Here are some of the best ways to increase the value of your dining room.
Architectural Improvements
Because a dining room should radiate class and high quality, it should have some beautiful design elements. This can include some elegant room shape elements to make the area unique. In addition, the inclusion of elegant window choices, such as bay windows, can make a dining room very comfortable and unique. In general, try to make your dining room architecturally unique in order to make its value skyrocket.
Beautiful Focal Point Lighting
For a dining room especially, you need to have a great lighting fixture to serve as a focal point of the design. For maximum design effectiveness, it should be placed above the area in which the dining room table will be set. This provides the table with a great source of light, with visibility being incredibly important here. Chandeliers will work great here, as they often exhibit beautiful design elements.
High Quality Flooring
Depending on the size of the home, a dining room may not be used every day. Whether this is the case or not, a dining room should have high quality flooring. This flooring will benefit from being made of hardwood, due to the activities that will be done there. Avoid carpet or other types of flooring that can be stained by food. A high quality flooring upgrade will be important to increasing the overall quality and value of the room, and the home.
Basement
If your home has a basement, it can often dictate whether or not one will be interested in buying. A basement upgrade, on average, will increase home value by 0% to 5%. This is due to the basement being one of the least important rooms in a home, relative to the others. Here is how a basement can add to the overall value of your home.
Finish Your Basement
The first thing to do to increase the value of your basement is to finish it. If finishing your basement is going to cost you much more than the return you will get from it, you probably won’t want to continue with this. However, if your basement has a lot to offer in terms of extra space, this could be an incredibly rewarding process for you to consider.
Add a Bathroom
If your basement has enough space for it, you should consider adding a bathroom. This should only be done to a finished basement with ample space. The addition of a bathroom itself adds great value to a home, no matter where it is located. This bathroom can be relatively small, due to it likely not being one of the main bathrooms in the home.
Keep it Warm
A basement will almost certainly be one of the coldest rooms in the house. Though it may not be a massive difference in temperature, it should still be considered. This is especially true if you live in colder climates, as the basement will not get the warmth that the sunlight provides to the upper levels of the house. Try to incorporate a hopper window or tow if you can. Explore your options to see how you can keep your specific basement design as warm as possible year round.