Follow Kevin Twitter Facebook
Email Kevin Email
Residential Real Estate
Apr 1, 2014

Top Five Ways To Increase The Value Of Your Home

Sponsored Content provided by Kevin McKoy - Broker, Network Real Estate

If you are thinking of selling your home, there is no doubt you want to get the most out of your real estate. At Network Real Estate, we know a few things you can do to not only attract buyers but also actually increase your home’s value.

Read on for our top 5 ways to increase your bottom line.
 
1) Make sure your indoor systems are in good working order. This is one of the most important factors during a home appraisal. Your indoor systems include plumbing, sewer, heating, and electric. Regardless of how appealing your home is on the outside, it’s important that the systems inside it are functional. Make any necessary repairs, and watch your ROI increase in front of your eyes.

2) Tackle exterior replacements, such as front doors, garage doors, siding, and windows. According to Remodeling Magazine, replacing these key exteriors could increase your ROI by over 70%. In addition to the updated look and feel, replacing old doors and windows can also make your home more energy efficient.

3) Update your kitchen and bathrooms. More than any other rooms in the house, the kitchen and bathrooms make a big difference to your home’s overall value. The layout and appliances of these rooms directly affect your bottom line. Update your counters, cabinetry, and appliances to match the price point you hope to sell your home for. Ideally, both the bathrooms and kitchen should be open, modern, and easy to maneuver in, rather than cramped and dim.

4) Convert storage spaces, such as attics and basements, into bedrooms. Did you know that each additional bedroom increases your home’s value to buyers? You can recoup nearly the entire cost of remodeling, and broaden your home’s appeal to different buyers. Make sure the additional bedrooms are well lit, modern, and have updated walls and floors.

5) Go green! This is a big one for increasing property value. Greening your home can really affect the bottom line, increasing your selling price and getting your home noticed by a wider audience. Solar panels and solar siding are large projects that make a big difference, but there are plenty of smaller changes that can make your home greener. Improving energy efficiency by tightening your windows and doors and adding insulation so heat and air conditioning don’t go to waste. Use more efficient lighting, water-efficient fixtures, and environmentally friendly appliances. Use ecologically responsible materials to furnish and carpet your home. Ventilate and invest in new filters to decrease the pollutants in your home.
Now that your home is in tiptop shape, it’s time to get it on the market. Network Real Estate can provide you with even more information on how to increase the value of your home before making a sale. Contact one of our qualified Realtors to make your ideal selling price a reality.

Kevin McKoy is a GRI-certified, licensed real estate broker at Network Real Estate, which has exclusively served a high volume of property sales and purchases in the greater Wilmington area for over 30 years. With three offices at College Road, Historic Downtown and Pleasure Island, Network’s brokers are widespread and well-versed in this marketplace, making Network a preferred Real Estate company for first-home buyers and beyond.

20489 networkrealestate insightsad final
Ico insights

INSIGHTS

SPONSORS' CONTENT
Jasonpathfinder3

Get Rich Quick? Think Again.

Jason Wheeler - Pathfinder Wealth Consulting
Headshot2 3182020512

Tips For Maintaining Quality Of Indoor Air

Chris Jones - Green Dot Heating & Air
Drewsmith copiersplus headshot

How Printing Can Help Restaurants Bear Distancing Guidelines

Drew Smith - Copiers Plus

Trending News

Off The Hook Buys Bennett Brothers Yachts

Christina Haley O'Neal - Jun 29, 2020

Dollar General's Urban Market Concept, DGX, Among New Tenants For River Place

Cece Nunn - Jun 30, 2020

NHRMC's New Patient Tower Opens

Staff Reports - Jun 29, 2020

Potbelly Sandwich Shop To Open Next Week

Jessica Maurer - Jul 1, 2020

COVID-19 Prompts TekMountain Shift To Virtual Model For Startups

Johanna Cano - Jul 1, 2020

In The Current Issue

Hospitality Workers Face Risk

Some service businesses are starting to rehire, but for those in the hospitality industry, numerous challenges remain....


K9000 Embarks On New Territory

With a new Wilmington headquarters and manufacturing facility in place, K9000 Dog Wash USA is further establishing its local roots while exp...


What's Next For Next Glass

Next Glass CEO Trace Smith talks about his goals as the new CEO, how the company has been doing during the COVID-19 pandemic, the company’s...

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`