Buying a home is often one of the largest investments many people make in their lifetime. If you want to make sure that your purchase pays off when it eventually comes time to sell—whether that’s in a few months or a few decades—consider making a few attractive upgrades to your space. When it comes to increasing your home’s selling price, here are some of the most desirable home features to invest in.
Hardwood flooring has too many advantageous qualities to count. In addition to being durable and easy to maintain, hardwood flooring is also classically timeless. For centuries, hardwood flooring has remained one of the most popular and sought-after flooring styles, and we don’t see that changing anytime soon. As such, if you’re looking for a way to make your home investment withstand the test of time, consider installing hardwood flooring.
Fueled by a growing social and environmental consciousness, as well as a desire to save money on monthly electricity bills, many modern home buyers are seeking out energy-efficient homes. Installing energy-efficient features in your home could help your home stand out on the market and increase your property’s value. Examples of energy-efficient features you should consider investing in include ENERGY STAR–certified appliances, double-paned windows, enhanced insulation, and a smart thermostat.
An Open Floor Plan
Another one of the most desirable home features to invest in is an open floor plan. If your home currently has several enclosed spaces, consider knocking down a wall or two. Open floor plans are always in great demand with home buyers because they allow residents to feel more social and let more natural light flow throughout the space. In particular, homeowners seeking to increase their property’s value should focus on eliminating walls that separate the kitchen from the living room, as open kitchen concepts are especially fashionable.
Outdoor Living Spaces
While many homeowners focus on enhancing the inside of their homes, you don’t want to underestimate the value of outdoor living spaces, either. Decks, patios, and porches can significantly increase the usable space on one’s property. Such installments are especially attractive in areas that experience nice, moderate weather where spending time outdoors is enjoyable for more months out of the year. As such, homeowners should consider expanding their outdoor living spaces if they want to increase the return on their property.