{"id":3608,"date":"2026-03-23T07:40:05","date_gmt":"2026-03-23T11:40:05","guid":{"rendered":"https:\/\/www.houzeo.com\/blog\/?p=3608"},"modified":"2026-03-23T07:40:12","modified_gmt":"2026-03-23T11:40:12","slug":"increase-home-value","status":"publish","type":"post","link":"https:\/\/www.houzeo.com\/blog\/increase-home-value\/","title":{"rendered":"5 Effective Ways to Increase Your Home Value in 2024"},"content":{"rendered":"\n<figure class=\"wp-block-pullquote\"><blockquote><p class=\"highlight\"><strong>\u270f\ufe0f<\/strong> <strong>Editor&#8217;s Note: <\/strong>Realtor Associations, agents, and MLS&#8217; have started implementing changes related to the NAR&#8217;s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. <strong><a     href=\"https:\/\/www.houzeo.com\/blog\/nar-settlement\/\" target=\"_blank\" rel=\"noreferrer noopener\">Learn how NAR&#8217;s settlement affects home sellers<\/a>.<\/strong><\/p><\/blockquote><\/figure>\n\n\n\n<p class=\"margin-top-28\">Want to sell your house in 2024? Increase its value to sell it for <a     href=\"https:\/\/money.com\/home-improvement-curb-appeal-sale-tips\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">7%<\/a> more. Also, increasing home value can help you to sell it <a     href=\"https:\/\/www.prnewswire.com\/news-releases\/buyers-swoon-over-kitchen-updates-new-knock-analysis-shows-301476785.html?tc=eml_cleartime\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">30%<\/a> faster.<\/p>\n\n\n\n<p>Making strategic improvements or remodeling is the first step to increasing your home&#8217;s value in 2024. Moreover, you can remodel your kitchen, change doors\/ windows, etc. to increase its value. Once you&#8217;re done with your renovation projects ensure that you price your home competitively.<\/p>\n\n\n\n<p>With Houzeo, you can get pricing assistance to help competitively price your home in the market. <\/p>\n\n\n\t<div style=\"display: block ;\" class=\"home-page-quick-listing-wrapper  content-ql-new-ui \" main-title=\"List Your House Within 24 Hours \ud83d\ude80\" list-title=\"List FSBO on MLS\" list-item-1=\"Upfront pricing - no hidden fees\" list-item-2=\"100% online - fast listing, faster changes\" list-item-3=\"Rated 4.9 stars on Google Reviews &amp; Trustpilot\" ql-button=\"\" minimize=\"true\" sidebar=\"\" contact-title=\"\" contact-content=\"\" siteurl_qlb=\"https:\/\/www.houzeo.com\" cash-ql=\"false\"><\/div>\n\t<script>\t\t\n\n\t\tdocument.addEventListener(\"DOMContentLoaded\", function () {\n\t\t\tconst isMobile = window.screen.width <= 768;\n\n\t\t\t\/\/ Global flags to prevent multiple loads\n\t\t\twindow.quickListingCssLoaded = window.quickListingCssLoaded || false;\n\t\t\twindow.quickListingJsLoaded = window.quickListingJsLoaded || false;\n\n\t\t\tconst cssURL = 'https:\/\/www.houzeo.com\/css\/quick-listing-block-v3.css?v=9.8';\n\t\t\tconst jsURL  = 'https:\/\/www.houzeo.com\/js\/quick-listing-block-v3.js?v=9.8';\n\n\t\t\t\/\/ \u2705 Load CSS immediately on mobile only\n\t\t\tif (isMobile && !window.quickListingCssLoaded) {\n\t\t\t\twindow.quickListingCssLoaded = true;\n\t\t\t\tloadCSS(cssURL);\n\t\t\t}\n\n\t\t\t\/\/ \u2705 Define JS loader (and CSS for desktop)\n\t\t\twindow.quickListingJsLoadfn = function () {\n\t\t\t\tif (!window.quickListingJsLoaded) {\n\t\t\t\t\twindow.quickListingJsLoaded = true;\n\n\t\t\t\t\t\/\/ On desktop: load CSS here (lazy), since it wasn't loaded initially\n\t\t\t\t\tif (!isMobile && !window.quickListingCssLoaded) {\n\t\t\t\t\t\twindow.quickListingCssLoaded = true;\n\t\t\t\t\t\tloadCSS(cssURL);\n\t\t\t\t\t}\n\n\t\t\t\t\tloadScript(jsURL);\n\n\t\t\t\t\t\/\/ Remove listener after load\n\t\t\t\t\tdocument.removeEventListener(isMobile ? 'touchstart' : 'mousemove', window.quickListingJsLoadfn);\n\t\t\t\t}\n\t\t\t};\n\n\t\t\t\/\/ \u2705 Add the correct event listener\n\t\t\tconst quickListingEvents = isMobile ? ['touchstart'] : ['mousemove', 'scroll'];\n\n\t\t\tquickListingEvents.forEach((eventName) => {\n\t\t\t\tdocument.addEventListener(eventName, window.quickListingJsLoadfn, {\n\t\t\t\t\tpassive: true,\n\t\t\t\t\tonce: true,\n\t\t\t\t});\n\t\t\t});\n\t\t\t\n\n\t\t\t\/\/ \u2705 Helpers\n\t\t\tfunction loadCSS(href) {\n\t\t\t\tconst link = document.createElement('link');\n\t\t\t\tlink.rel = 'stylesheet';\n\t\t\t\tlink.href = href;\n\t\t\t\tdocument.head.appendChild(link);\n\t\t\t}\n\n\t\t\tfunction loadScript(src) {\n\t\t\t\tconst script = document.createElement('script');\n\t\t\t\tscript.src = src;\n\t\t\t\tscript.async = true;\n\t\t\t\tdocument.head.appendChild(script);\n\t\t\t}\n\t\t});\n\t<\/script>\n\t\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"ways-to-increase-your-homes-value\"><strong>How to Increase Your Home Value:<\/strong> <strong>5 Effective Ways<\/strong><\/h2>\n\n\n\n<p><a     href=\"https:\/\/www.lendingtree.com\/home\/mortgage\/home-improvement-projects-survey\/#:~:text=In%20the%20past%2012%20months,consumers%20pay%20for%20their%20upgrades.\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">68%<\/a> of homeowners started or completed their home improvement projects in 2023. However, your ROI depends on which renovation you undertake. These 5 improvements and their estimate costs will help you make an informed decision:<\/p>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\" id=\"upgrade-your-interior\"><strong>1. Upgrade Your Interiors<\/strong><\/h3>\n\n\n\n<p>Strategic improvements in the interior of your home can give you a <a     href=\"https:\/\/www.renofi.com\/learn\/renovation-best-return-on-investment\/#:~:text=The%20rule%20of%20thumb%20that,as%20well%20as%20remodeling%20research.\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">70%<\/a> ROI.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Improve the Kitchen:<\/strong> Upgrade your kitchen&#8217;s counter top with materials such as granite or quartz which may costs around $2,356. Repaint your kitchen in colors like white or light gray. This will increase its sophistication but could cost you around $1,319.<\/li>\n\n\n\n<li><strong>Upgrade Your Bathroom:<\/strong> Replace your shower fixture and install a new shower head. Tile the shower walls and install LED lights which will amount to the overall cost of $1,043. Replace your kitchen&#8217;s vanity countertop with materials such as marble, quartz, or granite which will cost you around $1,100.<\/li>\n\n\n\n<li><strong>Install New Carpet: <\/strong>Choose based on the fiber- nylon, polyester, or wool and the one that is soft and durable. Installing a neutral beige or gray color carpet will make it look elegant and will cost you around $2,486.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading margin-top-28\" id=\"focus-on-curb-appeal\"><strong>2. Focus on Curb Appeal<\/strong><\/h3>\n\n\n\n<p>Your house value increases by <a     href=\"https:\/\/www.landmarkhw.com\/resources\/buying-selling-house\/increase-your-curb-appeal-and-get-a-high-return-on-investment\/7\/516\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">5% to 11%<\/a> when you increase its curb appeal.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Upgrade Your Exterior Doors and Windows: <\/strong>Upgrade your front door with materials such as fiberglass or steel. They offer an elegant look and cost between $450 to $1,700 to install new doors . Replace your old windows with materials such as vinyl, or fiberglass which would cost around $450 to $1,400 per window.<\/li>\n\n\n\n<li><strong>Landscape Around the House:<\/strong> Lay a bed of colorful flowers such as marigolds and daffodils in the front yard. A professional charges around $800-3,000 for this. Install a vinyl fence with lattice panels. It increases the outdoor space&#8217;s visual appeal but would cost between $1,800 to $6,200 for the installation.<\/li>\n\n\n\n<li><strong>Paint Your Exterior:<\/strong> Choose neutral beige or light grey colors that make your house look clean and elegant. It helps attract potential buyers and may cost around <a     href=\"https:\/\/www.angi.com\/articles\/cost-paint-house-exterior.htm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$1,810 &#8211; $4,507<\/a>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\" id=\"energy-efficient-home\"><strong>3. Create an Energy-Efficient Home<\/strong><\/h3>\n\n\n\n<p>To make your home energy-efficient, you can install solar panels that give a <a     href=\"https:\/\/www.greatertorontohomepros.com\/blog\/high-roi-energy-efficient-upgrades\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">4% to 10%<\/a> ROI.<\/p>\n\n\n\n<ul id=\"Install-Solar-Panels\" class=\"wp-block-list\">\n<li><strong>Install Energy-Efficient Appliances: <\/strong>Install double-paned windows that improve home insulation and reduce air leakage. This results in lower energy consumption and may cost between $300 and $2,100 per window installation.<\/li>\n\n\n\n<li><strong>Install Solar Panels:<\/strong> If you have an extensive budget consider installing solar panels. They harness sunlight and convert it into electricity. This helps you save money on electricity bills. The price varies based on the type of solar panels you install and typically costs between $8,500 to $30,500.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\" id=\"add-usable-square-footage\"><strong>4. Add Usable Square Footage<\/strong><\/h3>\n\n\n\n<p class=\"margin-top-15\">Merge two rooms to make a larger one. You can use the new room as a spacious kitchen, a large dining area, or a master bedroom. The average cost of a bump-out is <a     href=\"https:\/\/www.forbes.com\/home-improvement\/contractor\/how-to-add-a-bump-out\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$11,300<\/a>. <\/p>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\" id=\"home-staging\"><strong>5. Stage Your Home<\/strong><\/h3>\n\n\n\n<p class=\"margin-top-15\">Remove excess clutter and rearrange furniture to give your home a spacious look. Add throw pillows to sofas, chairs, and beds as they make the room cozy. Hang artwork on the walls of the house to add style to the room. According to<a     href=\"https:\/\/www.homeadvisor.com\/cost\/home-design-and-decor\/hire-a-decorator-for-staging-a-home\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">HomeAdvisor<\/a>, the typical price range to stage your home is $791 &#8211; $2,837.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\"><strong>Pros and Cons<\/strong><\/h2>\n\n\n\n<p>If you&#8217;re still hesitant about improving your home, here are some pros and cons to help you decide.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-15\"><strong>\u2705 Pros<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Saves You Money: <\/strong>When you use a good quality carpet you won\u2019t need to replace it every year. Carpets made from materials such as nylon or wool last for more than 15 years.<\/li>\n\n\n\n<li><strong>Increases Resale Value:<\/strong> When you improve your home you can sell it for higher value. This means you get a high ROI when you resale the house.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading margin-top-15\"><strong>\u274c Cons<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Increases Home Property Tax:<\/strong> Tax assessments are mostly based on the value of the house. Thus, when you raise your home&#8217;s value you may have to pay more<a     href=\"https:\/\/www.houzeo.com\/blog\/property-tax\/\" target=\"_blank\" rel=\"noreferrer noopener\">property tax<\/a>.<\/li>\n\n\n\n<li><strong>Raises<\/strong> <strong>Affordability Issues:<\/strong> People and families with lower incomes may find it difficult to opt for your house.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"margin-top-28\"><strong>Estimated Costs of Home Improvement<\/strong><\/h2>\n\n\n\n<p>The table shows you the maximum costs of home improvements based on the scale of the project.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Improvement Scale<\/strong><\/td><td><strong>Max Costs<\/strong><\/td><\/tr><tr><td>Small-to-medium projects<\/td><td>$62,000<\/td><\/tr><tr><td>Large projects<\/td><td>$82,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"margin-top-28\"><strong>Resale<\/strong> <strong>Value After Improvement<\/strong><\/h2>\n\n\n\n<p>The table shows an estimated value of a house and its associated repair costs. The formula helps you get the approximate value of your house after improvement.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>House Costs<\/strong><\/td><td>$5,50,000<\/td><\/tr><tr><td><strong>Upgradation Costs<\/strong><\/td><td>$40,000<\/td><\/tr><tr><td><strong>After-Repair-Value (ARV)<\/strong><\/td><td>$5,50,000 + (70% x $40,000)<strong> = $5,78,000<\/strong>.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28 has-black-color has-text-color\" id=\"ways-to-pay-for-home-improvements\"><strong>How to Pay for Improvements to Increase Home Value<\/strong><\/h2>\n\n\n\n<p>These financing options will help you cover your home improvement costs:<\/p>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15 has-black-color has-text-color\" id=\"home-equity-heloc\"><strong>1. Take <strong>Home Equity Loans<\/strong><\/strong><\/h3>\n\n\n\n<p>A <a     href=\"https:\/\/www.houzeo.com\/blog\/home-equity-line-of-credit\/\" target=\"_blank\" rel=\"noreferrer noopener\">HELOC<\/a> lets you borrow funds up to the credit limit. During the draw period, which is usually 5-10 years, you have to pay only the interest. Once it ends, you have to make principal and interest payments on the remaining balance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-black-color has-text-color\"><strong>2. Use Cash-Out Refinance<\/strong><\/h3>\n\n\n\n<p><a     href=\"https:\/\/www.houzeo.com\/blog\/cash-out-refinance\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cash-out refinance<\/a> means to replace your current mortgage with a new one for a larger amount. You receive excess funds from the new mortgage, surpassing the remaining balance on your current one. Cash-out refinance for home improvements may enable you to deduct interest payments on your taxes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15 has-black-color has-text-color\" id=\"credit-card\"><strong>3. Pay with Credit Card<\/strong><\/h3>\n\n\n\n<p>You can use a credit card for minor home improvements. With an existing card, you can make payments easily. However, some credit card companies offer an intro <a     href=\"https:\/\/www.cnbc.com\/select\/best-credit-cards-for-home-improvements\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">0%<\/a> APR for a specific period. Annual Percentage Rate (APR ) is the interest rate payable when you borrow money using a credit card.<\/p>\n\n\n\n<h3 class=\"wp-block-heading margin-top-15\" id=\"personal-loan\"><strong>4. Personal Loan<\/strong><\/h3>\n\n\n\n<p>Consider a personal loan for home improvement if you lack equity for HELOC. They generally have a <a     href=\"https:\/\/www.forbes.com\/advisor\/personal-loans\/home-improvement-loan-calculator\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">5% to 36%<\/a> interest rate depending on the type of improvement. Your credit and income determine the amount you can borrow.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\" id=\"Should-You-Invest-in-Increasing-Home-Value\"><strong>Should You Increase Your Home Value?<\/strong><\/h2>\n\n\n\n<p>Whether your house value will increase or not depends on various factors such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Type of improvement<\/li>\n\n\n\n<li>Current market trends<\/li>\n\n\n\n<li>Your home size<\/li>\n\n\n\n<li>Your house location<\/li>\n<\/ul>\n\n\n\n<p>Consider your current home value and the estimated cost of each improvement to make an informed decision.<\/p>\n\n\n\n<p>You can find your home\u2019s estimated value using <a     href=\"https:\/\/www.houzeo.com\/how-much-is-my-house-worth\" target=\"_blank\" rel=\"noreferrer noopener\">Houzeo\u2019s house value estimator<\/a>. With this, you can competitively price your home and get it listed on the MLS in less than 24 hrs. Houzeo also syndicates your listing to multiple real estate websites like Zillow, Trulia, Redfin, etc. to give your property maximum exposure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading margin-top-28\"><strong>Eager to Know How Houzeo Works?<\/strong><\/h2>\n\n\n\n<p>We\u2019ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best MLS listing websites in the U.S.<\/p>\n\n\n\n<div class=\"mainVideowrapper\">\n<div class=\"leftBlock\">\n<div class=\"innerblock\" style=\"padding-top: 0px;\"><iframe src=\"https:\/\/www.youtube.com\/embed\/JdKhjZvWa00?si=OFi7AGCQPkuaqqTH\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe><\/div>\n<\/div>\n<div class=\"rightBlock\">\n<p><b>How to List on MLS With Houzeo?<\/b><\/p>\n<p><i>5 Easy Steps to List on MLS with Houzeo by owner<\/i><\/p>\n<p><a     class=\"btnNew\" href=\"https:\/\/www.houzeo.com\/register?utm_source=blogbody&#038;utm_medium=listonmls&#038;utm_content=videoreviewsblock&#038;utm_term=ffm\"><i class=\"fas fa-external-link-alt\"><\/i> Start Your MLS Listing NOW<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><strong>\u00bb<\/strong> <a     href=\"https:\/\/www.realestatequeen.com\/houzeo-reviews\/\" target=\"_blank\" rel=\"noreferrer noopener\">Houzeo Reviews<\/a>: See how Houzeo home sellers save thousands with Houzeo technology and MLS exposure. <\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"new-excerpt\"><p class=\"small-desc\">Want to increase your home value? Here are the top 5 ways to increase your home's value with minimum cost in...<\/p><\/div><div class=\"reading_date\"><span class=\"readtime\">7 mins read<\/span><span class=\"date\">Mar 23, 2026<\/span><\/div>","protected":false},"author":102,"featured_media":430364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46226],"tags":[34177,34179,34178,34180,34176],"class_list":["post-3608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seller","tag-how-to-add-value-to-your-home","tag-how-to-boost-home-value","tag-how-to-increase-house-value","tag-how-to-increase-the-value-of-your-home","tag-what-increases-home-value"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 Effective Tips to Increase Your Home Value in 2024<\/title>\n<meta name=\"description\" content=\"5 best ways to increase home value: 1. 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