IS YOUR HOUSE AN ASSET VS A LIABILITY? (Pt.2)

In the previous post, we came together to find out whether our home is a beneficial asset or a financial burden. Surely everyone now has a preliminary view of this issue

So to avoid making our beloved home that we have spent so much effort to own and take care of, why don’t we find a way to turn it into a valuable asset in the first place?

Hence, Finance Impact would like to “suggest” some interesting ideas that you can apply to make your home more valuable, whether your intention is to sell or just want to increase the value of your home.

Wear a new shirt for your home:

Your home can change its look and feel with just one coat of paint. Suggestion: neutral colours will efficiently attract more customers.

Upgrading the landscape for the house:

The attractiveness of the house’s appearance is an important factor, determining the value of your home. To make the house more eye-catching in the eyes of customers, try investing in some flowers and ornamental plants. They will help the space become harmonious, and balanced, bringing natural beauty.

Renovate the kitchen:

The kitchen is the heart of the house and also one of the most important places for potential customers. So, do not hesitate to update the appliances, kitchen cabinets and stone countertops to make your kitchen shiny and attractive!

Installing smart home technology:

The 4.0 technology era has changed the lifestyles of most of us, and products combined with artificial intelligence are increasingly popular for bringing satisfaction and convenience to people. Therefore, it is not surprising that home buyers today love smart homes. Investing in some smart home devices such as temperature controls, lights and security systems would be a good idea to make your home more attractive and valuable!