5 Factors That Could Increase The Value of Your Home
A home is an investment, regardless of the matter. It doesn’t matter if you are living in it or renting it out, you want to make sure you are profiting or will be profiting in the future. There are many different things to consider when buying a house, and a few might come at a surprise. Let’s take a look at the 5 factors that could increase the value of your home:
1. A blue kitchen & bathroom
2. Keeping up with the trends
3. Your proximity to the city
4. Being located close to Starbucks or a popular coffee shop
5. Decorating your house with mirrors
Blue décor in a bathroom is very common, as it resembles the water. It is found that people who paint their walls blue and decorate their bathroom and kitchens blue- care more about their space.
It’s important to follow the new trends because people look for an updated home. If they see a place with a stove and refrigerator that looks vintage, this might persuade them to look elsewhere. Barn doors are a new trend, and according to a study- a place with a barn door in the description sold for more than 12 perfect higher. It’s impossible to constantly change your house every week when you see a new trend, but minor changes here and there will make a difference.
Your proximity to the city will make a difference in the value of your home and how fast your home might sell in the future. Not only will it sell faster, but also it will appreciate more as the years go by. Take a look at New York City for example- the average home has increased in value by 30 percent since 2012.
Believe it or not, if you are located close to a Starbucks or a popular coffee shop in your neighborhood- this will boost the value of your home. Studies have shown that if you have a home that is located within half a mile from Starbucks it would have increased over 90% in value.
Mirrors are known to expand the space and make your living quarters appear bigger. By adding a few mirrors throughout your home, this will give the illusion that you have a bigger space. Not only will it make your place feel bigger, but it will increase the value of your place as well.
In order to comprehend the value of your home, you need to understand what affects its worth. The shape of your house, the surrounding areas, the proximity to the city center, as well as being located close to a Starbucks are common factors that will increase the value of your home now and in the future. If you are not able to afford a place, which meets those factors, there are other things you can do in order to increase the value. Painting your bathroom and hanging up some mirrors are minor changes that are affordable for everyone.
1. A blue kitchen & bathroom
2. Keeping up with the trends
3. Your proximity to the city
4. Being located close to Starbucks or a popular coffee shop
5. Decorating your house with mirrors
Blue décor in a bathroom is very common, as it resembles the water. It is found that people who paint their walls blue and decorate their bathroom and kitchens blue- care more about their space.
It’s important to follow the new trends because people look for an updated home. If they see a place with a stove and refrigerator that looks vintage, this might persuade them to look elsewhere. Barn doors are a new trend, and according to a study- a place with a barn door in the description sold for more than 12 perfect higher. It’s impossible to constantly change your house every week when you see a new trend, but minor changes here and there will make a difference.
Your proximity to the city will make a difference in the value of your home and how fast your home might sell in the future. Not only will it sell faster, but also it will appreciate more as the years go by. Take a look at New York City for example- the average home has increased in value by 30 percent since 2012.
Believe it or not, if you are located close to a Starbucks or a popular coffee shop in your neighborhood- this will boost the value of your home. Studies have shown that if you have a home that is located within half a mile from Starbucks it would have increased over 90% in value.
Mirrors are known to expand the space and make your living quarters appear bigger. By adding a few mirrors throughout your home, this will give the illusion that you have a bigger space. Not only will it make your place feel bigger, but it will increase the value of your place as well.
In order to comprehend the value of your home, you need to understand what affects its worth. The shape of your house, the surrounding areas, the proximity to the city center, as well as being located close to a Starbucks are common factors that will increase the value of your home now and in the future. If you are not able to afford a place, which meets those factors, there are other things you can do in order to increase the value. Painting your bathroom and hanging up some mirrors are minor changes that are affordable for everyone.
