Re/max Excalibur Realty

Property upgrades: A guide to increasing the value of your home

by Julie Hillebrand 01/15/2023

Blue and green image about renovation projects

The best renovations and home improvement projects enrich the space while also increasing the value of your property. Here is a basic guide to help you boost the resale value of your home with the right repairs. 

Add value to your home with the right updates 

Start by freshening up the paint on your walls. New paint can help smooth over scratches that have appeared over the years. It can also give the space a clean aesthetic. Keeping your color palettes neutral will appeal to a wider range of buyers. 

Curb appeal is another important area to focus on. For example, replacing a worn front door with a new steel one. Small home renovations can improve your home appearance and in turn catch more attention. 

What renovations can decrease home value? 

When upgrading your home, be careful of adding overly unique or trendy upgrades. Adding a large concrete statue in the front yard might suit your tastes, but could turn away potential buyers. It’s best to keep things neutral when selling your home.  

What increases value to a property as a whole?

When planning your home improvement projects, think about what potential buyers are searching for. Start by identifying outdated areas of the home, like flooring and fixtures. Creating a clean and warm atmosphere is also essential. Make the house feel like a home. 

Sweat equity 

Home repairs can be tedious, but the right amount of sweat equity can go a long way. Sweat equity refers to the emotional and physical effort put into something. Once you put together a list of home improvements needed, you can put in effort to get it done. 

Upgrade your outdoor living space

Your yard is an extension of your home. Enhancing your outdoor space can improve the appeal of your area and significantly boost home value. One common upgrade is fixing or adding a patio. A patio provides a comfortable place to enjoy the outdoors. 

Also consider adding an outdoor fire pit to complement your patio. Fire pits give warmth and will give a cozy vibe to your yard. 

Budgeting for renovations to increase your home's value

When budgeting for home renovations, consider your current financial status. Financing is a great option if you need larger amounts of funding. You can pay this off monthly, however, it may come with interest. If you pay out of pocket, you forgo owing anyone money, but it can be a strain financially. 

green and blue inforgraphic about making the right home updates

Remember, some of the best home improvements aren’t complex or pricey. Many simple upgrades can enhance the vibrancy of your home.  If you wish to sell your property, local real estate professionals can assist you in choosing the most valuable upgrades to consider.

About the Author
Author

Julie Hillebrand

My personal commitment is to exceed your expectations.

Thank you for taking the time to visit my site. I feel that it is very important to know who you are working with when making any real estate purchase or sale.

I am a dedicated and knowledgeable Tucson real estate agent who can provide you with the highly specialized information that will help you make the right decisions. It’s the combination of this unique market-knowledge and excellent negotiating skills that enable me to get you the optimal price for any property you plan to sell or buy.

I have been a Tucson real estate agent since 1997, I am a Relocation Specialist, Accredited Buyers Representative, Graduate of the Realtor Institute and Certified Distressed Property Expert. I have the knowledge, experience and education to assure your experience is a successful one.
In my spare time,  I enjoy spending time riding my horse, hiking, biking, skiing and anything in the great outdoors.

I'm sure you will love Arizona as much as I do. I look forward to working with you.