How An Awning Can Increase Your Home’s Resale Value
Have you ever considered that something as plain as an awning can increase your home’s resale value? Many people don’t think too much about the value of their homes. After all, you paid a set amount for it, the general trend is for values to increase, so you’re probably better off than you were. Ultimately you may even pay the mortgage off! However, if you are looking to sell your home or even refinance, then you need to maximize what it is worth. A simple way of doing this is to tidy the house, give it a fresh coat of paint, and remove all the clutter.
However, you may also want to stop and take a look at the various options awnings Sydney has to offer.
Creating A Usable Outside Space
For many people, an outside space is an essential part of any home. It instantly makes the house feel bigger if positioned correctly will help to bring the outside inside, and it allows for entertaining. But, the issue with an outside space is it can be too hot in the summer and wet in the winter.
Fortunately, an awning resolves both of these issues. It protects you from the rain allowing you to enjoy the outdoors. In the summer it creates shade, making the experience more pleasurable.
The fact that your home has this space means that the floorplan seems larger and prospective buyers don’t need to do the work. In short, they will pay more for your home; effectively increasing the value.
It Looks Good
When selling a house the bottom line is that the more appealing it is the greater the number of people that will be interested. The more people you have interested the higher the likelihood of a bidding war.
Of course, your real estate agent understands all this, that’s why they will increase the price. This scares a few of the potential buyers away but still leaves the potential for a bidding war. After all, your home is worth what someone is willing to pay for it, that could be a lot more than you initially thought.
Saves Energy
Today, home buyers are very conscious of the cost of running a house and the environmental impact. Fitting an awning is comparatively low-cost. However, it does create additional shade in your home which can help it to stay cooler. This reduces the need for air conditioning, effectively reducing energy use and saving the buyer money.
That is great for the value of the home as not only are energy-efficient houses popular but they are cheaper to run.
Buyers appreciate this and are prepared to pay a higher rate to get the house.
Don’t forget, the real secret to effortlessly increasing the value of your home is to boost the appeal. The better your home looks the easier it is to get people interested and find a buyer.
Final Tip
When you’re looking at awnings remember that there is a variety available. You don’t need to choose a standard one, select the one that best complements your home and increases your ability to practically use a space without losing any of your view.
Photo by Victoire Joncheray on Unsplash