How to Increase a Home's Resale Value

Updating your home can attract a wider range of potential buyers. While you may see plenty of estimates of how much money you can recoup on various home improvements, the actual gains can vary widely. However, there are some improvements that seem to never go out of style, and they may even appeal to you if you decide not to sell your home. Read on to learn how to increase a home's resale value.

Instructions

Difficulty: Moderate

1. Start by examining the kitchen. Kitchens equipped with up-to-date appliances can increase resale value. White appliances may be a better investment than appliances in finishes that go along with current trends, such as black or stainless steel. While black and stainless-steel finishes are attractive, they also easily show fingerprints and smudges. Solid wood kitchen cabinets also typically prove to be a good investment.
2. Know that homes with at least two bathrooms typically have better resale value. If your home has only one bathroom, consider adding a second one. Again, avoid trendy colors when selecting sinks, tubs and toilets. Stick with white.
3. Consider that hardwood floors in mid- and light-colored tones typically appeal to home buyers. Even though plenty of laminate flooring resembling wood is available and is considered to be durable, you may find real hardwood flooring will deliver a better return on your investment.
4. Apply a fresh coat of interior paint to boost the resale value of your home. While you don't have to stick with white walls, neutral-colored walls are less likely to clash with a potential home buyer's decor. Odd-colored walls could just look like additional work to a potential buyer who may not be willing to repaint them.
5. Create an appealing outdoor living space. If you already have a deck or patio installed, make sure they aren't in disrepair. Any part of your home that provides additional living space can potentially add value to the home.