If, like many homeowners in Palm Springs, you believe your home is your biggest asset, it’s important to make sure that youre getting the biggest value from it! Whether you want to build your home’s equity or are looking t’o sell, use these tips to increase your home value and improve your investment. Continue reading to learn more, and if you need help selling your home, contact Frankie & Leslie Realtors today!

Increase Finished Square Footage

If your home has an unfinished basement or other area, renovating that space can be a relatively cost-effective way to add square footage — and home value. Most homes are priced by square footage, and increasing the finished square footage will likely increase your home value and selling price.

Upgrade In-Home Appliances

Homebuyers are looking for energy-efficient features, so upgrading appliances like your microwave or washing machine can be a great way to boost your selling price. You could even upgrade to a smart thermostat to get the most out of your energy efficient appliances. Doing so helps demonstrate to the prospective buyer that their monthly utility bills will be as low as possible.

Replace A Major Component

Homebuyers are looking for homes that are low-maintenance and won’t need major repairs in the near future. If you replace a major component, like the roof or water heater, you can reduce their worries over an emergency repair and get a higher price.

Increase Curb Appeal

Your home’s exterior is your first chance to make a great impression on a potential homebuyer. Encourage homebuyers to walk through your front door by making sure your landscaping is well-maintained. If your home looks a little lackluster, consider painting the front door or planting flowers.