Older homes that are well maintained can carry a higher value than newer homes, simply because they are fresh and unique. That additional value, however, can be negated if certain features are left old or outdated. Here are five simple and relatively inexpensive steps you can take to add value to an older home.
1. Update Fixtures and Appliances
Modern track lighting and sink fixtures provide a streamlined look to older and even vintage kitchens and baths. Appliances are not a major expense, but can really add a contemporary appeal to your older kitchen. They can be well worth the investment for interested buyers.
2. Install New Garage Doors
Modern garage doors come in a number of styles and finishes that can accentuate the style of your home. Some of the newer styles include frosted glass panels or rustic wooden doors with barn door fixtures which can provide a modern and charming accent to your home.
3. Refinish Wood Flooring
If you’re lucky enough to have vintage wooden flooring, stripping, sanding, and refinishing them will increase any home’s value significantly. If your home doesn’t have wood flooring, stripping up old, outdated carpet and installing bamboo flooring is not only inexpensive, but will provide a much more durable and easy-to-care finish. Bamboo flooring comes in a number of different styles and colors and is fairly easy to install.
4. Refinish Popcorn Ceilings
Removing your old popcorn ceiling is a fairly easy and inexpensive process, but does require furniture removal and quite a bit of elbow grease. Be aware that many popcorn ceilings applied before 1980 contain asbestos. If your home was built before 1980, you’ll need to have a small portion of the ceiling tested. If it contains more than 1% asbestos, you’ll need to have it professionally removed.
5. Install Energy Efficient Windows and Doors
Not only will these new fixtures add value to your home, but will also bring down your utility bills, which will add jingle to your pocket. Be sure to read my 8 Ways to Increase Energy Efficiency in Your Home and Saving the “Green” with a Home Energy Audit.
So, as you can see, increasing the value of your home doesn’t have to be a lengthy and expensive process. With some planning and dedication, you can greatly increase the value of your home!
What type of home would you like to make your next? Let me know in the comments below. And if you’re looking to buy your next home in metro Albuquerque, contact me today so I can help you find it!
biz page or profile.