Investing in home improvement projects can significantly boost your property value, making your home more attractive to potential buyers and increasing your return on investment. 

Here are some of the most effective projects to consider.

  • Kitchen Renovations (No surprise.)
    The kitchen is often considered the heart of the home (and maybe the stomach, too), and a well-designed kitchen can greatly increase property values. Focus on:

    • Modernizing key elements such as countertops, cabinets, and appliances
    • Install high-quality materials like granite or quartz countertops 
    • Install energy-efficient appliances not only to improve aesthetics but also to add significant value
    • Focus on “the little things.” Soft-close cabinets. Pull-out spice rack drawers. Savvy space-saving ideas. Etc. 
  • Bathroom Upgrades
    Bathrooms are another critical area where upgrades can lead to substantial increases in property value.

    • Consider adding new fixtures, modern lighting, and high-end finishes. 
    • Enhance functionality with features like double sinks or a walk-in shower
    • But DON’T underestimate the power of the bathtub. Many young families look for a bathtub for the kiddos. If you have one and prefer to leave it, consider refinishing or replacing it.
  • Curb Appeal Enhancements
    First impressions matter, and improving your home’s curb appeal can significantly impact its property value. 

    • Upgrade your landscaping / have a professional come to improve your flower beds
    • Paint the exterior
    • Update the front door can
    • Additionally, adding outdoor lighting can help the overall aesthetic
  • Adding or Improving Living Space
    Expanding your home’s living space is a surefire way to boost property values. This could involve finishing a basement, converting an attic into a bedroom, or adding a new room or even a second story. More usable space = higher property values.
  • Energy Efficiency Improvements
    Modern buyers are increasingly looking for energy-efficient homes. Plus this will benefit you in the short term before you decide to sell.

    • Upgraded windows
    • Add insulation
    • Install energy-efficient HVAC systems
  • Smart Home Technology
    Integrating smart home technology can make your home more appealing and valuable. Your home will automatically feel more up-to-date.

    • Install smart thermostats
    • Install security systems
    • Install smart lighting

If you’re thinking about making some upgrades to your home to increase your property value, you may want to consider a cash-out refinance.

At United Faith Mortgage, we’re a family-run company that has a very important Direct Lender Advantage. That basically means we use our own money and make our own decisions within our own walls. There’s no middle man. For you, this often means a shorter turnaround time and a better rate… which can save you monthly and lifelong money. If you’re considering a cash-out refinance, we’d love to have a no-pressure conversation to get you started.