We are excited to announce that a long time Master Craftsman of our business is now the proud new owner; please join us in congratulating Earl Swader as the new owner of Handyman Connection of Blue Ash. Earl has previous business ownership already under his belt and is looking forward to continuing to serve the Blue Ash community as the proud owner.
Uncategorized / September 10, 2024
In today’s competitive real estate market, a simple “For Sale” sign is not enough to sell a property. Modern enhancements are essential to capture buyers’ attention and secure a top price. By incorporating contemporary upgrades, such as energy-efficient windows and state-of-the-art smart technology, you can significantly boost your property’s appeal and value.
In this article, we explore how these strategic improvements can transform your home into a standout listing in a crowded market.
Energy Star states studies consistently link energy-efficient homes to higher sale prices. Freddie Mac’s study found a 2.7% premium for rated homes, with more efficient homes commanding 3-5% premiums. Energy Star homes in Maryland and Austin-Round Rock showed 2-6% premiums, while Oregon and Washington reported up to 8%. A 2022 DOE study noted a 0.5% price increase per home energy score point.
These enhancements improve insulation, lower utility costs, and increase comfort. Buyers value the potential for reduced energy bills and environmental benefits. Modern, energy-efficient features can also elevate your home’s appeal and significantly boost its market value.
Start by focusing on sleek, modern cabinetry with clean lines and minimalistic hardware. Opt for durable, high-quality materials such as quartz or granite countertops that offer both style and practicality. Incorporate energy-efficient appliances and smart home features, like touchless faucets and programmable lighting, to appeal to tech-savvy buyers.
A fresh coat of neutral paint and updated backsplash tiles can also modernize the space without overwhelming it. These enhancements not only enhance functionality but also create a visually appealing kitchen that stands out to prospective buyers.
The National Association of Realtors emphasizes that enhancing curb appeal with landscaping and exterior upgrades is essential. In fact, 92% of experts suggest making these improvements before listing your home.
The 2023 Remodeling Impact Report shows that landscaping projects, such as maintenance and lawn care, are highly valued. For instance, 74% of realtors suggest landscape maintenance, reflecting its significant impact on home sales and buyer attraction.
Invest in professional landscaping, fresh exterior paint, and updated fixtures to make your home more attractive. Well-maintained gardens, clean walkways, and an inviting entrance can draw more potential buyers and set the stage for a successful sale.
Updating your bathrooms with modern fixtures and finishes is a key step in enhancing your home’s appeal and value. Begin by installing sleek, contemporary faucets and showerheads that offer both style and functionality. Replace old vanities with stylish, space-saving designs that include ample storage and elegant countertops.
Consider adding high-end finishes, such as marble or quartz, and modernizing the lighting with LED fixtures. Installing new, contemporary tiles or refreshing the existing ones can also make a significant impact. These updates create a refreshed, luxurious feel that can greatly attract potential buyers and elevate your property’s market value.
Fortune Business Insights states that the global smart home market was valued at USD 101.07 billion in 2023. It is expected to grow at a 22.9% CAGR, reaching USD 633.20 billion by 2032. In the US, the market will hit USD 105.25 billion by 2032. It’s driven by the rising adoption of Wi-Fi, Bluetooth, Zigbee, Matter, NFC, and 5G technologies.
Integrating smart home technology adds a contemporary edge that attracts tech-savvy buyers. Features such as smart thermostats, security systems, and lighting controls enhance convenience and energy efficiency. As modern amenities become increasingly sought after, smart technology can make your listing stand out from the competition.
Consider removing non-structural walls to open the floor plan, increase natural light, and create versatile spaces. Buyers value this flexibility and airy feel, which can make your home more attractive and potentially increase its market value.
GoodHomes recommends exploring “furnitecture,” where furniture design merges with architecture. This concept features innovative designs such as large headboards that serve as room dividers and floor-to-ceiling bookshelves. It also includes multi-functional furniture, like Murphy beds and cabin beds with desks. These designs maximize space and enhance flexibility, making them ideal for open-plan or compact living areas.
Modern upgrades such as energy-efficient windows, kitchen renovations, and smart technology are key to selling quickly and at a high price. Enhance curb appeal with professional landscaping and create open, flexible living spaces. These improvements not only boost your home’s value but also attract serious buyers, ensuring a faster, more profitable sale.
Invest in home staging and professional photography. Accurate pricing is crucial; setting it too high or too low can affect buyer interest and profit margins. Effective marketing through online platforms and social media increases visibility while aligning with market trends, which can speed up the sale process.
For a fast, profitable sale, consider a cash home-buying company. Receive a cash offer in minutes, let experts manage the process, and close on your schedule without the hassle of repairs. Learn more about the selling process here to see how it can streamline your home sale.
According to Doctor Homes, a thorough property assessment is conducted to determine its condition and provide a competitive cash offer. If you accept, a transaction coordinator will handle all the details and paperwork, ensuring a smooth and efficient process.
Home improvements offering the best return on investment include electric HVAC conversions (103.5%) and garage door replacements (102.7%). Other such improvements include manufactured stone veneers (102.3%) and steel entry door replacements (100.9%). Minor kitchen remodels recoup 85.7%, and vinyl siding replacements recover 94.7%. These projects not only enhance home value but also provide substantial payback when selling.
A kitchen upgrade usually costs between $15,000 and $50,000, influenced by the remodel’s scope and material choices. Bathroom renovations generally range from $5,000 to $20,000, depending on the space’s size, material quality, and complexity of updates.
Customers find smart lighting controls, security systems, and thermostats to be very appealing. Convenience, energy efficiency, and increased security are provided by these technologies. Installing such features can enhance your home’s attractiveness and align it with modern buyer expectations, increasing its market appeal.
Modernizing your home with thoughtful upgrades can significantly impact its selling price. Enhancements like energy-efficient windows, contemporary kitchen designs, and smart technology not only improve functionality but also appeal to today’s buyers. By making strategic improvements, you can increase your property’s value, attract serious buyers, and achieve a successful sale in a competitive market.
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Blue Ash, OH 45242
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