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Looking to sell your home or simply increase its value for the long term? Whether it’s small upgrades or significant renovations, making improvements to your property can significantly boost its market value. Here are 10 tried-and-tested ways to enhance your home’s worth in 2024.  

Upgrade Description Key Points
1. Boost Curb Appeal Enhance your home's exterior appearance.
  • Tidy lawn maintenance
  • Colorful flowers and shrubs
  • Upgraded front door
2. Cost-Effective Kitchen Upgrades Improve kitchen features without breaking the bank.
  • Upgrade countertops
  • Reface or paint cabinets
  • New energy-efficient appliances
3. Transform Your Bathroom Modernize and enhance bathroom functionality.
  • Update fixtures
  • Add storage solutions
  • Brighter lighting
4. Fresh Coat of Paint Revitalize your home with new paint.
  • Choose neutral colors
  • Create a cohesive flow
  • Consider DIY or hire a pro
5. Increase Energy Efficiency Make your home more energy-efficient.
  • Upgrade windows
  • Improve insulation
  • Seal air leaks
6. Add Usable Square Footage Expand living space for more value.
  • Finish the basement
  • Convert the attic
7. Upgrade Flooring Invest in high-quality flooring options.
  • Install hardwood floors
  • Refinish existing hardwood
  • Consider laminate or eco-friendly options

1. Boost Your Home’s Curb Appeal

 

How Landscaping Can Boost Your Home's Curb Appeal

  • Maintain a tidy lawn: Regularly mow, edge, and water your lawn for a neat appearance.
  • Plant flowers and shrubs: Use colorful plants to create an inviting look.
  • Prune trees and bushes: Keep bushes trimmed and trees in shape to boost aesthetics.

Upgrade the Front Door for Maximum Impact

  • Replace the front door: Consider a solid wood or glass-insert door for a refreshed look.
  • Repaint in a bold color: If a new door isn’t within budget, a fresh, bold paint color can make a big difference.
Well-maintained green lawn with stone beds and small plants.

2. Cost-Effective Kitchen Upgrades

 

What Kitchen Features Add the Most Value?

  • Upgrade countertops: Consider granite, quartz, or butcher block to modernize the space.
  • Reface or paint cabinets: Refacing is cost-effective compared to replacing them entirely.
  • Energy-efficient appliances: Swap old appliances for modern, energy-saving options.

Inexpensive Kitchen Upgrades

  • Replace cabinet hardware: New knobs and drawer pulls are an easy, affordable update.
  • Add or update a backsplash: Install trendy tiles for a fresh look.
  • Improve lighting: Consider under-cabinet lighting or new pendant lights.
Luxury kitchen with cream cabinets, stainless steel appliances, and detailed tile backsplash.

3. Transform Your Bathroom

 

Key Bathroom Upgrades to Increase Home Value

  • Update fixtures: Modernize faucets, showerheads, and toilets.
  • Add storage: Install shelving, cabinets, or a new vanity for improved functionality.
  • Enhance lighting: Brighter lighting makes the space feel bigger and more inviting.

Luxury Bathroom Touches on a Budget

  • Add a double vanity: If space allows, a double vanity is highly appealing to families.
  • New tiles: Freshen up the bathroom with new tiles in the shower or on the floor.
  • Install heated floors or other eco-friendly flooring: A luxurious, energy-efficient feature that sets your bathroom apart.

Modern shower fixture with stainless steel finish on white tiled wall.

4. Fresh Coat of Paint

 

What Paint Colors Add the Most Value to a Home?

  • Choose neutral colors: Opt for shades like beige, gray, or soft white to appeal to more buyers.
  • Create a cohesive flow: Stick to consistent colors throughout the home for better continuity.

DIY or Hire a Pro?

  • DIY painting: Save money if you’re comfortable handling the project yourself.
  • Hire a professional: For larger spaces, consider hiring a pro for a flawless finish.
Close-up of a roller brush painting bathroom tiles white.

5. Increase Energy Efficiency

 

How Energy Efficiency Adds Value to Your Home

  • Upgrade to energy-efficient windows: Install double or triple-pane windows for better insulation.
  • Improve insulation: Ensure proper insulation in your attic, walls, and basement.
  • Seal air leaks: Seal gaps around windows and doors to improve energy efficiency.

6. Add Usable Square Footage

 

Finish the Basement to Add Living Space

  • Create a functional area: Turn your basement into a family room, guest bedroom, or home office.
  • Increase value: A finished basement adds usable square footage that appeals to buyers.

Attic Conversions

  • Convert your attic: Create a new room, like a bedroom or office, in unused attic space.
  • Add dormers: If headroom is limited, dormers can make the attic more functional.

7. Upgrade Flooring

 

What Flooring Options Are Best for Increasing Value?

  • Install hardwood floors: Hardwood is a timeless option that buyers love.
  • Refinish existing hardwood: Refinishing is more affordable than replacing.

Budget-Friendly Flooring Options

  • Consider laminate or tile: Durable, budget-friendly options for kitchens and bathrooms.
  • Eco-friendly choices: Bamboo or cork flooring is sustainable and stylish.

FAQs

 

1. What home improvements add the most value in 2024?

  • Kitchen and bathroom renovations, curb appeal enhancements, and energy-efficient upgrades are the top value-adding improvements in 2024.

2. How much value does a bathroom remodel add?

  • A bathroom remodel can add 60-70% of its cost to your home’s value, depending on the project.

3. Is painting my home a good investment for increasing value?

  • Yes, painting is one of the most cost-effective ways to increase your home’s value, especially with neutral colors.

4. How can I increase the energy efficiency of my home?

  • Upgrade windows, improve insulation, and seal gaps around doors and windows to reduce energy costs and boost value.

5. Does finishing a basement add value to a home?

  • Yes, finishing a basement adds valuable square footage and is a strong selling point for buyers.

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