What Home Improvements Increase Value in San Luis Obispo?
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FastExpert partner and California real estate agent, Jason Thoele, shares his insight on what home improvements increase value in San Luis Obispo, California, and some surprising elements that could detract from the home.
San Luis Obispo, or SLO, is a beautiful city located on the central coast of California. It’s known for its stunning beaches, picturesque downtown, and a fantastic climate. It’s no wonder that many people are choosing to call SLO their home.
If you’re a homeowner in SLO, you may be wondering what home improvements increase the value of your home in San Luis Obispo. While some of these cater to central California, many of these tips can be applied to homes across the Nation.
Home Improvements to Increase Value in San Luis Obispo, CA
Increase the value of your home in a thriving area!
Kitchen Remodeling
The kitchen is one of the most important rooms in the house. It’s where families come together to cook, eat, and spend time together.
A kitchen remodeling project can increase the value of your home by a significant amount. A majority of buyers place the kitchen as the most important space in the house. In addition, buyers have indicated that they would be willing to pay more for a home if it had new appliances and updated countertops.
There are several ways you can update your kitchen, such as replacing old appliances, installing new cabinets, and adding a new countertop. Take a careful look at your budget and consult with a real estate agent about what upgrades will be most profitable. A modern, updated kitchen can be a selling point for many homebuyers.
Bathroom Remodeling
The bathroom is another important room in the house that can greatly impact the value of your home. According to Zillow, you have the potential to see a home value increase of $1.71 for every $1 you spend.
You can update your bathroom by replacing old fixtures, installing new tiles, and adding new lighting. Adding a new bathroom can also increase the value of your home, especially if you only have one bathroom currently.
Energy-Efficient Windows and Doors
Energy-efficient windows and doors not only reduce your energy bills, but they can also add value to your home.
By installing double-pane windows and insulated doors, you can improve the energy efficiency of your home and make it more appealing to potential buyers.
Landscaping
Curb appeal is essential when it comes to selling your home.
A well-landscaped yard can make a significant difference in the value of your home. You can add value to your home by planting trees, shrubs, and flowers, as well as adding features like a patio or outdoor kitchen.
Adding a Deck or Patio
Outdoor living spaces have become increasingly popular in recent years.
By adding a deck or patio, you can increase the usable space in your home and create an outdoor oasis that potential buyers will love. A well-designed deck or patio can also add value to your home.
Adding Smart Home Features
Smart home features are becoming more popular and can add value to your home.
By adding features like a smart thermostat, smart lighting, and smart locks, you can make your home more convenient and appealing to potential buyers.
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Adding a Home Office
With more people working from home, having a dedicated home office has become increasingly important.
By adding a home office, you can increase the functionality of your home and make it more appealing to buyers who work from home.
Upgrading Your Flooring
Upgrading your flooring can significantly impact the value of your home.
Hardwood floors are popular and can add value to your home, while carpeting is not as desirable. If you have old carpeting, consider replacing it with hardwood or another type of flooring that is more appealing to buyers.
Painting
A fresh coat of paint can do wonders for the value of your home.
If your home has outdated or faded paint, consider repainting it with a modern, neutral color. This can make your home more appealing to buyers and increase its value.
Home Improvements to Avoid
While there are many home improvements that can increase the value of your home, there are also some that may not be worth the investment.
Here are some home improvements that you should avoid if you’re looking to increase the value of your home:
Swimming Pool
While a swimming pool may seem like a great addition to your home, it may not be worth the investment.
Pools can be expensive to install and maintain, and they may not be appealing to all potential buyers. Additionally, some buyers may see a pool as a safety hazard, especially if they have young children.
High-End Upgrades
While upgrading your home with high-end finishes and features may seem like a good idea, it may not be the best investment.
While some buyers may appreciate the luxury features, others may not be willing to pay a premium for them. Additionally, high-end finishes can quickly become outdated, and you may not get a good return on your investment.
Over Personalized Spaces
While it’s important to make your home your own, it’s also important to keep in mind that potential buyers may not share your style.
Over personalized spaces, such as a themed room or brightly colored walls, may not appeal to all buyers and may even turn some off.
DIY Projects
While DIY projects can be a great way to save money, they may not always be the best investment when it comes to increasing the value of your home.
Poorly executed DIY projects can actually detract from the value of your home and may require a professional to fix, which can be costly.
Garage Conversion
While converting your garage into additional living space may seem like a good idea, it may not be the best investment.
Many buyers prefer a garage for storage or parking, and removing it may actually detract from the value of your home.
Find an Agent You Love
Working with a reputable, local real estate agent in San Luis Obispo, California, can also help you determine which home improvements will be the most beneficial for increasing the value of your home in your specific neighborhood and market.
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Work With Jason Thoele
Jason Thoele is a hard-working real estate agent that puts the needs of the client above all else.
