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Ways to Increase Property Value in Durham, NC
August 20, 2023 at 4:00 AM

Your home is one of your most valuable assets. And if you’re looking to sell, making even minor improvements can boost its value even more. Redos and remodels don’t come cheap, and it can be hard to schedule the work that you want to get done.

This is why you should consider projects that offer a good return on investment, like kitchen remodels in Durham. We’ll explain several ways you can increase your home’s value in this article.

1. Clean and declutter your home

One of the easiest ways you can boost the value of your home is by decreasing the amount of stuff inside it. Cleaning and decluttering are relatively inexpensive. In fact, professionally cleaning a four-bedroom house only averages between $200 and $225.

You also have the option to do the work yourself. You can start by going through cabinets and closets and making donation piles for things to get rid of. After, clean out drawers and storage areas to get rid of everything you don’t need or want.

2. Add usable square footage

Adding more usable space to your home can make sense financially, especially in areas with limited acreage. In addition, it also usually boosts your home’s value. This is because houses are generally valued and priced by the livable square footage they contain. And the more square footage there is, the better.

There are multiple things you can add to your home, such as a bathroom, a great room, an office, or just another needed space to increase the function and livability of your home.

Building a separate in-law suite (also known as an accessory dwelling unit) can be a smart idea, as most homes do not have this feature.

3. Give your kitchen an updated look

There are two main areas of a home that buyers are always zeroing in on — the kitchen and the bathroom. So if your kitchen is outdated, it can affect how much you garner from a sale. This also applies if you aren’t able to utilize your kitchen fully due to the layout, space, or other concerns.

However, the thing with kitchens is that they can be costly. And you likely won’t get back every dollar you invest in it. Research shows that the average complete kitchen renovation costs around $80,000, with the homeowner only getting a $60,000 return. This is why midrange or modest upgrades offer a better ROI than the more elaborate ones.

Minor kitchen remodels can also have an impact, whether that’s coordinating appliances or installing modern hardware on your cabinets.

4. Spruce up your home with fresh paint

A fresh coat of paint can make outdated exteriors and interiors look brand new. And the good news is that it’s typically not that expensive. If you have an odd color scheme in your house, it’s best to start by repainting them with more neutral tones.

The cost of interior painting typically ranges between $952 and $2,975, according to HomeAdvisor. Your paint budget will depend on the rooms you are painting.

Do you want to increase the property value of your Durham, NC, home?

ProTouch Contracting is the North Carolina-based remodeling contractor you need for the job. With over 30 years of experience in remodels and renovations, no job is too small for our friendly, knowledgeable team. We can help make your dream renovations a reality while saving you money and still providing the quality you deserve. You can learn more about our services online or use our convenient online booking tool to schedule your appointment today.

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