Simple Improvements to Increase Your Home’s Value
Improving your home’s value doesn’t always require a massive overhaul or extensive renovation.
Small, strategic changes can make a significant impact, especially in the Philippines where the climate and local trends influence property desirability, according to national association in real estate.
More than just aesthetic value, home buyers also look for quality, longevity, and practicality throughout the whole house.
If you’re planning to add more value to your home, home improvements are mandatory.
Whether you’re looking to attract buyers or simply equip your home with more modern features, here are some of the best home improvements to increase property value:
1. Enhance Curb Appeal
First impressions matter, and your home’s exterior is the first thing potential buyers see. Exterior home improvements are some of the best ways to increase your home value.
Front Door Upgrade
A new front door can significantly boost your home’s curb appeal. In the Philippines, a home’s front door is typically made of wood, an affordable and accessible material.
However, harsh weather cycles could wear down a front door. The wet months, in particular, are notorious for damaging wooden doors, causing them to expand or paint to chip off.
You can restore your front door through simple home improvement projects, such as repainting and re-varnishing. You could also upgrade to other materials for your front door.
Some popular materials now include glass, steel, and fiberglass– choose one that complements the overall look of your home.
Garage Door Replacement
A new garage door not only enhances the appearance of your home but also offers a high return on investment.
According to Remodeling Magazine, replacing your garage door is one of the top home improvement projects with an average job cost that pays off in the resale value.
Compared to other home improvements, a garage door costs significantly less, but a garage door update ensures vehicles and other items have ample storage, indirectly raising your home value.
Fresh Exterior Paint
A fresh coat of paint can make a big difference in how your home looks. Choose neutral colors that appeal to a wide range of prospective purchasers.
Fiber cement siding
2. Energy Efficiency Upgrades
Energy-efficient homes are attractive to buyers and to any savvy real estate investor because they promise lower utility bills and a smaller environmental footprint.
Energy Efficient Windows
Replacing old windows can improve your home’s energy efficiency and enhance its resale value.
In the Philippine climate, windows need to be able to reject heat while letting the light in, reducing light fixture usage.
It’s important to also check for air leaks so you’re maximizing your AC’s functionality. These windows help maintain a comfortable indoor temperature and reduce energy costs.
Solar Panels
Installing panels is a great way to boost your home’s value and appeal to environmentally conscious buyers. Panels can significantly reduce energy bills and offer long-term savings.
Energy Efficient Appliances
Upgrading to energy-efficient appliances in the kitchen and laundry room can make your home more attractive to future buyers.
These appliances are not only cost-effective but also align with modern eco-friendly trends.
For homes in colder climes like Baguio or Tagaytay, installing a fire pit may help your home use up less electricity during chilly months.
3. Interior Improvements
The following upgrades can make a huge difference in your home’s overall appeal and value:
Minor Kitchen Remodeling Project
Not all home improvements have to be too expensive. In fact, a minor kitchen remodel can have a big impact on your house value.
Consider updating cabinets, replacing countertops with modern materials, and installing new lighting. Even small changes like new hardware can make a kitchen look fresh and inviting.
Bathroom Upgrades
Upgrading bathrooms with new fixtures, low-flow toilets, and energy-saving lighting can enhance the appeal of your home. Consider minor home renovations to modernize outdated bathrooms.
Fresh Coat of Paint
This may be one of the most common home remodeling projects, but it works wonders. Generally speaking, paint jobs for homes are trend-based.
Home improvements typically include repainting in more current tones, which in more recent years lean toward neutrals.
If you really want to add more value to your home improvements, you can also opt to spruce up your exteriors with accent walls with vinyl siding or manufactured stone veneer panels.
Flooring Upgrades
Flooring plays a crucial part in your home’s overall look. Instead of basing off trends, you can opt for longer-lasting flooring, like hardwood floors or sturdy tiles.
4. Increase Living Space
Expanding your living space or making better use of each square foot can add value to your home.
Accessory Dwelling Unit (ADU)
Adding an ADU, such as a guest house or a small apartment, can provide additional liveable space and increase your property’s value.
This is especially appealing in areas where multi-generational living is common. In Philippine real estate, an extra liveable square foot could make a huge difference in your home’s resale value.
Finished Basement or Attic
Converting an unfinished basement or attic into a functional liveable space can add significant square footage to your home, and it wouldn’t add too much to your home improvement project cost if it’s already an existing space.
This extra space can be used as a bedroom, office, or entertainment area.
Outdoor Living Space
Creating an inviting outdoor space can enhance your home’s appeal. Consider adding a patio, deck, or outdoor fireplace to create a space for relaxation and entertaining.
5. Upgrade Heating/ Cooling Systems
Efficient cooling (and heating) systems are essential, especially in the warm climate of the Philippines.
Air Conditioning System
Upgrading your AC system to a more recent model can make your home more comfortable and attractive to buyers.
A well-maintained and modern air conditioning system can be a significant selling point and add to your home’s overall value.
Smart Home Technology
Integrating smart home technology, such as programmable thermostats and smart lighting, can improve energy efficiency and attract tech-savvy buyers.
For many Camella Smart Homes, these smart built-in electronics are crucial to increasing property value and ensuring that a home is future-proofed.
This technology may seem like a big undertaking in terms of home improvements, but they do provide a significant return on investment as years go by.
6. Lighting Improvements
Good lighting can make your home feel more welcoming and spacious.
Natural Light
Maximize natural light by installing larger windows or adding skylights if you’re getting a new roof. Lots of light not only makes a space feel larger but also more inviting.
Light Fixtures
Updating light fixtures to more modern and energy-saving options can make a big difference in the ambiance of your home. Consider installing recessed lighting for a sleek and modern look.
7. Maintain and Repair Key Systems
Regular maintenance and timely repairs are crucial in keeping your home in tip-top shape. You don’t even need to embark on a big renovation project for the following:
Roof Replacement
If your roof is old or damaged, replacing it can prevent costly repairs down the line and improve your home’s overall look. Options like opting for a metal roof or shingles can offer added benefits.
HVAC System Maintenance
Regular maintenance of your heating and cooling systems ensures they operate efficiently and have a longer lifespan.
This can save money on energy bills and avoid unexpected repair costs. This is also a priority for many commercial real estate properties.
Plumbing and Electrical
Inspect electrical cords and plumbing systems for any issues.
Addressing minor repairs and ensuring these systems are up to code can prevent major problems and make your home more attractive to buyers.
8. Outdoor Enhancements
Enhancing your outdoor space can increase your home’s value and appeal.
Landscaping
Well-maintained landscaping can significantly boost curb appeal. Consider planting native plants, which are easier to maintain and more resilient to local weather conditions.
Also, consider adding decoration and accents to outside-facing walls; for instance, you can use manufactured stone veneer or vinyl siding to match your home exteriors.
Swimming Pool
In the warm climate of the Philippines, a well-maintained swimming pool can be a major selling point.
It’s no secret that a home with an in-ground pool has proportionately higher property value than those that don’t.
While the project cost of a pool is a bit steep, the return on investment is almost guaranteed if you consider resale value (or your family’s enjoyment).
Ensure that the pool area is clean, safe, and appealing.
Maximize Your Home Value in Camella
Investing in these simple home improvements can significantly increase your home’s value and appeal to potential buyers.
By focusing on both interior and exterior upgrades, improving energy optimization, and maintaining key systems, you can ensure your home stands out in the competitive real estate market.
At Camella, you’re assured of a home with appreciating value. Upon turnover, homes in Camella are already high-quality and high-value, even before all your home improvements.
Our expertly designed homes do not only look good from the outside with vinyl siding and impeccable paint jobs, but the interiors are just as ready to fit into your own unique tastes.
Home improvement projects will only help you grow your home value and make living in Camella more fulfilling.
Whether you’re planning to sell soon or simply want to enjoy a more comfortable and efficient home, these improvements are well worth the effort and cost.
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