3 Ways to Boost Home Value in 2021

One of the best ways to add more value to your home is to make it more energy-efficient.

This means your home could be more valuable if you installed solar panels. It could be a way to reduce the electric bill for future homeowners and these future homeowners wouldn’t have to worry about paying for the cost of solar panels.

But what are the other ways to increase the value of your home? If you want to boost home value, you have to be creative.

Here’s a guide on some of the best ways to boost your home value with home renovations and more.

1. Add More Space

One of the best ways to add more value to your home is to add more space. That means adding a mother-in-law quarter or adding another bedroom.

You could also convert your garage into a living room. This could be a fun way to make something into a game room or add another guestroom.

When you decide to sell your home, you’ll discover that it has more value because you make space into something valuable.

2. Make It Beautiful

Another way to add more value to your home is to make it beautiful. You can renovate the kitchen or another part of the house.

Adding countertops and brand new luxury items into your home can increase the value of your house.

You’re increasing the value because you’re giving your home a much-needed makeover that makes it look significantly better. In addition, you’re saving future homeowners from having to make renovations themselves.

You can also make the backyard more beautiful by adding a fire pit or a grill. Home renovations are great investments because they add significant value to your home. 

3. Be Energy-Efficient

To expand on earlier, to give your home more value, you have to consider energy-efficiency.

This means adding solar panels that could help homeowners save hundreds or more each year on electric bills. It could mean that homeowners don’t have to install solar panels themselves or pay to have them installed.

Another way to give your home more value is to consider using smart light bulbs and electricity.

By adding smart lights, you can make your home more energy-efficient. In addition, people who want to buy your home will enjoy energy-efficiency. It can help make the home more valuable because future homeowners won’t have to install this in their homes.

You can find more about solar panel installation at Blue Raven Solar.

Now you Know How to Add Home Value

Adding value to your home isn’t as challenging as you might think. If you want more home value, you need to consider the best ways to do so. With the help of this article, you know about home value and where to start.

If you liked this article, you can check out more like it by visiting our website blog.

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  1. Thank you for sharing! By the way, the bathroom along with the kitchen is one of those rooms that buyers make a beeline for when checking out a new home. So that’s why it won’t harm to do some repairs there if needed.

  2. Thanks for sharing this! Sure many will find this helpful. I would also suggest installing a home office. These days it became popular again as many of us switched to working from home.

  3. Thank you for sharing this info! Also, you can improve your home’s energy efficiency by replacing older appliances like fridges, boilers, ovens, and freezers. Over time, they become complete energy drains. While they may be a little expensive to purchase and install, the savings they can offer will make it an economically and environmentally viable decision over the long run. It would help if you even considered second-hand appliances with an Energy Star rating. This way, you save money and give perfect good appliances a new life.

    1. Good point! An ENERGY STAR-certified appliance will use anywhere from 10 to 50 percent less energy each year than a non-energy efficient equivalent. If you’re thinking about replacing your old ineffective appliances, start with those ones that tend to work incessantly: furnaces, boilers, fridges. As they work 24/7, their inefficiency can cost you lots of money.

  4. Right, home energy efficiency is what people pay attention to these days. To make your home more energy-efficient, you should also consider replacing a traditional water heater with a modern tankless option.
    After crunching my annual energy spending numbers, I deduced that my water heater consumed a significant amount of energy. The heater was old and ran around the clock.
    When researching an alternative, I decided to install a tankless water heater. The result of this change was almost instantaneous. Unlike conventional heaters, demand-type water heaters only function when needed. With a tankless heater, water is heated directly without storage. In doing so, these heaters don’t generate standby energy losses.

  5. Good suggestions! Thank you. You also should aim to check the entire plumbing system including pipes and plumbing fixtures. I have often heard and read that it’s not advised to buy houses with old plumbing. Plumbing repairs are not cheap and need much effort which won’t definitely be good news for a potential buyer. After all, some plumbing issues have severe consequences if not fixed promptly: https://polestarplumbing.com/news-media/the-most-frightening-household-plumbing-disasters.

  6. Before you start improving your home for sale, consider rewiring. Actually, it should be done every 20 years. The old wiring poses a great threat to you and your property, but rewiring is quite costly. According to this source https://servicetoday247.com/homeowners-guide-to-rewiring-a-house/, the cost of a full house rewiring project was just over $1,400 on average nationally in 2022 but can range to nearly $2,300. However, fully rewiring an old home can cost as much as $30,000. Anyway, it’s less than you can lose when selling the house for a lower price because of old wiring.

  7. In order to improve the energy efficiency of your home, consider window replacement. I know it’s a more expensive thing to do, but it’s definitely worth the investment as could reduce your utility bills by 30% or so.

    So, if your windows are old and need replacement, consider windows with low-e glass. Most options with low-e glass have coatings on both the inside and outside glass panes. A low-e coating on the outside reduces the amount of heat transfer into the home from outside during the hot summer months. Read the complete guide if you want to know more about this type of window: https://portella.com/blog/what-is-low-e-glass/.

  8. Good info! By the way, many people decide to install a swimming pool to add value to their property. In fact, a swimming pool installation doesn’t pay off when selling a house. BUT. If you already have a swimming pool, you can improve it. For example, install a solar-powered heating system. Or convert your chlorine pool into a salt pool, which is easier to maintain and which give more pleasant swimming experience. Read about the cost of installation and maintenance of such pools here: https://www.discountsaltpool.com/saltwater-versus-chlorine-pools.

  9. Solar panels installation can be costly, yes, but it’s worth the investment. Especially given the fact that for systems installed through the end of 2022, homeowners can claim 26% of qualifying installation costs as a tax credit. In 2023, the credit reduces to only 22% of qualifying installation costs – currently, this program is set to expire at the end of 2023 unless it is renewed by Congress.
    These incentives can help reduce the cost of your investment and lower the payback period from its already low average of just 3.5 years.
    You can get more interesting and helpful info about solar panels in this guide: https://www.edelmaninc.com/how-efficient-are-solar-panels/.

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