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Home Sweet Home: Tips On How To Increase Resale Value

Berkshire Hathaway HomeServices explains how to make small updates to your home for big results.
Berkshire Hathaway HomeServices explains how to make small updates to your home for big results. Photo Credit: Contributed

FAIRFIELD, Conn. -- With a great home, comes great responsibility. In order to maintain your home's value and keep it looking up to date, there are a few updates to consider every few years.

Berkshire Hathaway HomeServices New England Properties explains four updates a home needs every 10 years. Adding these cost-efficient updates to your home will save you money by not having to replace items when something breaks or gets worn out, and also increases your home's value for the future.

Invest in a New Carpet

The average carpet has a life expectancy of approximately 10 years. Although, that depends on several factors, including the number of people living in your home and pets. Signs that you need to replace your carpet include rips, tears or stains, and odors that remain even after a good cleaning. Additionally, if a carpet looks visibly worn out, it could be time for an upgrade.

Replace Hot Water Tank

A water heater may not show any signs before it leaks or fails, so it’s important to know its age. Any tank that’s been around for 10 years or more is a candidate for replacement. Updating this vital piece of equipment may cost you more than you want to pay, but the long-term benefits and the tank's renewed longevity are worth the investment.

Repaint Inside and Out

Painting is one of the easiest ways to freshen up a house and make an older home look new. The walls on the inside and outside of any house suffer a lot of wear and tear, so to be safe, scheduling a repainting every 10 years is something you should consider.

Update Appliances

Even though it can be costly to update appliances, such as refrigerators, microwaves, and ovens, it can prove to be more cost-effective in the long run. By updating your appliances every 10 years, you will be adding serious value to your home by having more energy-efficient options that save money on your electricity bill.

For more tips on how to update your home, visit Berkshire Hathaway HomeServices New England Properties' website.