Property value is something that homeowners tend to spend a good amount of time thinking about, even when they’re not actively looking to see their home. There’s an important thing to consider as for most people, your home is your greatest asset.
People are generally aware of what factors will harm property value and will avoid the ones that are in their control. But you may not think as often about ways to actually increase your property value. Here are a few ways to do so:
Add Usable Square Footage
Adding usable space to your home can help increase the value of it, especially in areas with limited land and space. Homes tend to be valued and priced by the livable square footage contained within. Adding a bathroom or another space can add significant value. Meanwhile, features such as a new “in-law suite” can be valuable due to their rarity.
Do Some Painting
Adding a fresh coat of paint to the interior or exterior of your home can make it look fresh and new, even if the house is very old. On the interior side, it’s wise to repaint any rooms with an odd color scheme, such as a child’s bedroom. The cost will, of course, depend on how much space is actually being repainted, but generally it’s a fairly inexpensive project.
Add Outdoor Lighting
Outdoor lighting is a great investment because it increases the value of your home. There are a few reasons for this. For starters, it gives the impression of adding square footage by extending livable space. Of course, this is not as simple as just putting some lights on the side of your house or at the end of your driveway. It’s about using those lights in a strategic way to accentuate the landscape or the home itself. It’s about the functionality of having lighting in the backyard or down any paths you may have.
If you’re looking to add value to your Orlando-are home with outdoor LED lighting, Illuminations USA can be of service. With more than three decades of experience, we can handle just about any outdoor lighting need and can even help you in the design process. Call 407-880-0700 to learn more today!