There are many reasons why you would want to increase the value of your kit home, but most of the time this is because you want it to be sold. So to help you think of many ways how this can be done, we have listed the following tips:
Clean and Reorganize
Your home can add thousands of dollars to its value if it gets deep cleaned and decluttered. You can start by going through your closet and getting rid of anything that you don’t need or want.
But wait, I just want to add value to it but I am not moving out; should I still clean and reorganise?
If you decide to stay and still live in your kit home, cleaning and reorganising can still bring you many benefits. So, with or without the thought of selling your home; getting it deep cleaned and cluttered every now and then is still a good idea.
Upgrading Your Kitchen
The kitchen is one of the most critical components of a home. It can affect how much you get from a sale and how much space you have.
If your kitchen is already outdated, a minor update could still have an impact on the value of your home. You may repaint the cabinets, swap your countertops, or add new light fixtures. This will give your kitchen a new and fresh look.
For instance, a project to install modern hardware on your kitchen counters could recoup about 73 percent of the cost. So, this is something for you to consider.
A home’s energy efficiency can have a significant impact on its value.
“Only one study looked at Australia (the ACT scheme, which has operated since 2003). It found a 2.4% price premium for a six-star house and a 9.4% premium for a seven-star house compared to a 3 star home. For Australia, with a median house price of $773,635 in late 2019, the ACT results equate to potential price premiums of $18,500 and $72,721.” – The Conversation
You may start by installing more energy efficient air conditioning systems, especially if it is already old. Another way is to renovate your bathroom beginning with your choice of shower head. By choosing a low-flow showerhead, you can already decrease the flow rate to just 2.5 gpm. This is more economical compared to showerheads that use 5 gallons per minute.
Low-Maintenance and Durable
Another factor home buyers look out for when choosing a new home is how low maintenance it is and its durability. This is especially true for locations with changing weather whose exterior can easily be damaged. So if you see that your exterior needs repair, it helps to have this fixed and repainted before you go and put it in the market.
Home Improvements Financing
Home renovations and upgrades are not a simple task. It also requires a big amount of money. So if you believe you need additional funds, go and look for financing options to help you.
The value of kit houses can increase by adding quality features including appliances, flooring, lighting fixtures and other home improvements. It may be a bit of a challenge for you but with the help of expert kit home designers and builders, it can most certainly happen.
Let Steelbuilt help you improve yours. Schedule an appointment with us.