If you own a home in Albuquerque and are considering improving your home, it should be with the goal to enhance its overall value. If you decide to sell your home someday, you should be able to get more from the sale with the improvement. What areas should you focus on to get the most return on your investment?
Curb appeal is everything when it comes to selling a home in Albuquerque. Your home should stand out from the rest of the homes for sale in the neighborhood. This is why landscaping is a great investment and makes a huge difference in how people, and more importantly, buyers, perceive your home.
You can include different landscaping features such as trees, shrubs, flowers, fountains, fences, benches, ambient lighting, to name a few.
Energy bills can get expensive, especially when you’re running the AC in the summer and heating during the winter. To cut these costs, you can install various energy efficient features in your home.
Most people think of solar panels when it comes to conserving energy. In Albuquerque, it’s a great idea with all the sunlight we enjoy. Another energy-saving measure is to install heat pumps. Energy efficient appliances can also cut back the electric bill.
Replace Old Windows
Many buyers are not in the mood to replace all the windows in a home, as it only adds more cost to the sale. If your windows are older or single-paned, you can replace them with new energy-efficient windows. This will make your energy bills lower now and attract more buyers in the future. New windows will also have the added advantage of making your home look newer as well.
Convert Extra Space Into Rooms
If you have the option to add an extra room, this is a great way to add value to your home. You can also look for spare rooms that can be converted. You can even convert an attic into a bedroom if there’s enough ceiling space, which add a great deal of value. Basements can also be converted to a bedroom. The more bedrooms and baths your home has, the more it will sell for.
Update The Kitchen
Buyers are usually interested in the kitchen and bathroom when looking at a home. Most buyers will pay extra for a modernized kitchen. If your kitchen is looking dated, then this should be the first room that gets an overhaul.
Of course, there are other ways to add value to your home. In the end, make sure you calculate the return on investment with any home improvement you make.
Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Contact us today to help you buy or sell your next home in Albuquerque.
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