Follow Neal Twitter Facebook
Email Neal Email
Residential Real Estate
Apr 16, 2018

Top Five Ways to Increase the Value of Your Home

Sponsored Content provided by Neal Johnson - Licensed Real Estate 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 five 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 percent. 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. Don’t forget about the proper permits and inspections for any conversions.

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. Improve 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.

Neal Johnson is a CMCA, CRB, CNE and 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 more than 30 years. With three offices at College Road, historic downtown Wilmington and Pleasure Island, Network’s brokers are widespread and well-versed in this marketplace, making Network a preferred real estate company for first-time homebuyers and beyond.  

Other Posts from Neal Johnson

20489 networkrealestate insightsad final 121814105759
Ico insights

INSIGHTS

SPONSORS' CONTENT
Atromitos micheallegady headshot

Recognizing Our Health Care Heroes

Michealle Gady - Atromitos
Kellyerola headshot lcflc

7 Signs It May Be Time For Hospice Or Palliative Care

Kelly Erola - Lower Cape Fear LifeCare
Chris coudriet

Connecting Resources For Safer Schools And Community

Chris Coudriet - New Hanover County Government

Trending News

Granting New Faces To Old Buildings In Downtown Wilmington

Cece Nunn - Oct 22, 2021

Homebuilder New To Wilmington Builds Momentum In Riverlights

Cece Nunn - Oct 22, 2021

UNCW Announces Members Of Chancellor Search Committee

Staff Reports - Oct 22, 2021

City Council Candidate Q&A: Angie Ulmer

Staff Reports - Oct 21, 2021

City Council Candidate Q&A: Luke Waddell

Staff Reports - Oct 22, 2021

In The Current Issue

Will $500M Development Across The River Sink Or Swim?

Battleship Point would be one of the most expensive single projects ever to be built in the region and has drawn comparisons to another majo...


Social District Could Serve As Business Boost

Wilmington leaders and business owners are hoping to establish their own social district in the downtown central business district (CBD) soo...


Health Care Heroes: Community Outreach

The Community Outreach category this year recognizes the large teams of area health providers and professionals who have responded throughou...

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100