Like any other asset, the value of your home can change over time.
The ultimate goal for most homeowners is to gain the maximum return on investment by boosting their property value in a short time. However, this can be challenging; there are numerous elements to consider—how do you know where and how to start?
This article delves into several interior design changes you can make to increase your home’s value. Read on to find out more.
Apply a Fresh Coat of Paint
How old is your wallpaper? What colour is your wall? Is the paint fading?
The state of your walls significantly affects the room’s appearance. If your wallpaper is outdated or in an unappealing colour, your home may seem archaic, causing prospective buyers to be put off.
Applying a new coat of paint is a simple and inexpensive way to rejuvenate your home’s appearance. Additionally, because potential buyers do not have to repaint the walls themselves, they are likely willing to pay more.
You may also want to repaint other old items, such as cabinets and drawers, so everything looks well-managed and organised.
Focus On Lighting
Lighting plays a significant role in making your home seem attractive. It adds dimension to the space, thus making small rooms appear more spacious. Moreover, it can help set the desired mood, create comfortable illumination, and brighten dark areas for safer navigation.
Ensure that your light fixtures and switches are up-to-date and functional. These light fixtures can also serve an aesthetic purpose; you can consider getting a chandelier or pendant lighting to act as the home’s statement piece.
It is also crucial to consider natural lighting. By allowing abundant sunlight into your home, you can add to a room’s cosiness while reducing the need for artificial lighting, which contributes to the electric bill. Thus, you can think about installing a skylight or enlarging windows.
Update the Kitchen and Bathroom
When prospective buyers walk into an open house, they look primarily at two rooms: the kitchen and the bathroom. Due to the large number of surfaces, finishes, and fixtures in these spaces, many consider it a reflection of your home’s age. For most people, outdated sinks, cabinets, and appliances are incredibly off-putting.
Furthermore, renovating these two rooms can be expensive and time-consuming. Therefore, getting the work done beforehand can attract potential buyers who do not want to make the changes themselves.
The ideal kitchen has exceptional functionality. Hence, it is crucial to ensure that all appliances are up-to-date. You could also get new items such that the colours complement each other. Matching colours give the kitchen a sense of consistency and organisation that appeals to prospective homebuyers.
You can consider incorporating strategically placed mirrors and high-quality fixtures for a more appealing bathroom. It might also help to add marble or granite worktops, which give the room a sleek and sophisticated look.
Invest in Energy-Efficient Appliances
Energy-efficient systems help bring down a homeowner’s electric bills. Therefore, you can attract cost-conscious buyers by switching out older appliances for energy-efficient ones.
If you plan to sell your home, whether soon or in the future, it can help to embark on an interior design project to boost property value. Consider engaging an interior designer familiar with customer preferences—all you have to do is ensure you’re well-prepared before meeting your interior designer.