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Real Estate Agents questions, answered by experts

An attic ladder could increase your home’s value. This is especially true if there was no access before and you plan to turn your attic into a valuable bonus space, like a bedroom, home office, or a beautifully organized and updated storage space. Potential buyers would likely see easy attic access as an attractive selling point.

A kitchen remodel can increase home value significantly, with a return on investment (ROI) ranging from 50% to 80%. A well-executed kitchen remodel that enhances functionality, aesthetics, and energy efficiency attracts more buyers and commands a higher selling price. Smaller remodels can have a higher ROI, since less cost is invested than what would go into major or complete remodels while still offering valuable enhancements.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

Updating the siding on your home can potentially increase its value. Of course, the type of siding you pick determines the return on investment you can earn. For instance, stone veneer siding has a 153% ROI, while more affordable options such as vinyl have an 80% ROI. It’s best to research which type will boost the value of your home the most if that is your ultimate goal. 

Finishing a basement can add value to your house by transforming an unused area into valuable living space. Finished basements can provide an average 70% return on investment (ROI), depending on your area and the type of basement. As long as you follow all local building codes, including installing points of egress, you may be able to count a finished basement toward your home’s total square footage.

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