5 Surefire Ways To Increase Your Home’s Value [INFOGRAPHIC]

Nothing says “good life” than having a cozy and relaxing place of your own, and a little change up might just make it a lot better.

increase your homes value

It’s important to add value to your place whether it be for your own personal bliss of seeing your Pinterest board on home improvements come to life, or maybe signing it off to a new owner with numbers in your favor. Perhaps it can be for getting better pricing if you’re planning to have it rented it out on AirBnB or simply seeing your family and friends light up when they visit your home.

[REITs]

Q2 hedge fund letters, conference, scoops etc

Now, you might have qualms regarding intentionally adding value to your real estate, since after all it will inherently increase in value overtime—that’s just how it is—but there are things that you can do to speed up this upward trend. Here are some ways to increase your home’s value.

Be Artsy

Improving a space’s overall look sometimes depends on the littlest adjustments. Slapping up a fresh coat of paint on your walls or updating cabinet color and door handles can already do wonders for your home.

Find interesting pieces or take on that DIY project you have been holding on to and let your creativity run free! Take a stroll at a flea market or visit a thrift shop and find inexpensive yet interesting things you can purchase to spruce up your space.

“Artsy” isn’t limited to actual paintings, you can go and take on that DIY project you saw online. Make your own crafts and pieces you can display or place plants and fresh flowers in upcycled materials and strategically place them in your space! Doing this can add a lot of life and value in your home. If you’re thinking “I don’t have enough space” always remember you can always go vertical.

Take Action

Don’t leave tiny fixables up for fixing. Remedy small leaks, fix holes, or touch up paint jobs as soon as possible. Putting off fixing these small things here and there will most likely blow up when left unattended for long. This blow up will also mean added cost to what could have just needed minimum budget if dealt with from the start. As the old saying goes, “don’t put off until tomorrow what you should do today.”

So fix those pesky leaks or a shorted-out outlet as soon as possible. Don’t let it cost you more and ruin the way you organize your finances if you let it be for later and it gets worse.

Invest in Multifunctional

There’s a rise in multifunctional furniture perfect for small spaces or otherwise. It’s more cost efficient since the idea is that you are getting more functionality for the price of one. These clever designs will not only look good in one style but will also adapt to your needs and to your home. If you have plans of moving out, these modular pieces can go with you and still look great in your next space.

Find furniture pieces that works with your space, modular, and multifunctional. This way you can “remodel” your home overtime without spending too much.

Be Environmental

Up your multifunctional furniture a little higher by scouring for sustainably made and sourced products. Make it a habit to do a bit of back check on pieces you are looking at purchasing. There’s a great trend today of using recycled and repurposed materials that are just as (maybe even more) beautiful than those branded products that costs a fortune. You can also opt to install a sunroof to let more sunlight in and use less electricity.  You can go as far as installing your own source of power using solar panels.

In this day and age, the best thing you can do is invest in energy efficient appliances and sustainably made furniture. You’re not only helping yourself; you’re helping mother earth too!

Don’t Neglect the Outsides

Beauty inside and out! Before anyone, counting yourself too, can see your interiors, you’ll have to come in from the outside. Your insides might look pristine, but a bad front will tarnish the beauty you’ve done so far.

There’s no need to depend on money hacks or burn your hard-earned cash by hiring someone to do some elaborate landscaping—a simple cleanup will do wonders. If you don’t have a yard and are living in a condo, a little bit of sprucing up your front door or your doorbell will add to the overall aesthetic value of your home.

Make sure your yard isn’t littered with dead leaves. If you’re condo living, a little door accessory or doorbell design will do the trick.

There are a lot of value-adding home DIY projects out there that you can do without costing a fortune! Just do a quick research and you will get tons of inspiration from different site. Use those finds and follow these tips to avoid getting overwhelmed. Know that despite a rough year of inflation, interest hikes, and wobbly political hullabaloos, real estate in the Philippines is looking at a prosperous 2019.

If you are looking at selling your place or simply want a change of view, or for whatever reason as long as it favors you, go and check out this infographic by Avida Land. It provides the easiest and most practical ways to increase your home’s value.

good life




About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and three kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own 2.5 grams of Gold