Did you know that there are 910,000 homes for sale in the U.S.?
When you buy a home, you must think about resale value. Buying a home is about enjoying and living in the house. That is until you decide on selling it.
Modular homes tend to sell faster and gain a higher return on resale. With this in mind, you must think about ways to increase the resale value of your modular home.
Here, we give you the lowdown on worthwhile projects to increase modular home resale value.
1. Investing in New HVAC
Investing in a new HVAC unit is a worthwhile project that can increase modular home resale value. It can help make the home more cost-effective, efficient, and comfortable for the next owner. The installation of a more efficient HVAC system can result in savings of up to 20% on energy bills each month.
Updates to the home’s HVAC system may also qualify the home for Energy Star certification. It is a designation that will add to the home’s value.
Replacing an outdated HVAC system can also extend the life of the home’s other systems. It can repair any current issues and increase the longevity of the home’s interior components.
Installing a new HVAC system with modern features may also attract buyers looking for a home with amenities. This includes programmable thermostats, advanced air filters, and improved air quality.
2. Adding Veranda and Deck Enhancements
To increase your modular home resale value, consider adding veranda and deck enhancements. Doing so will give your home value, character, and a unique look.
A veranda offers homeowners a shaded, protected outdoor space, and decking can be custom designed to fit any space. It is ideal for outdoor relaxation. Additionally, enhancements like wall art, built-in seating, and lighting fixtures look great and make the outdoor space more functional.
Decking can be both durable and aesthetic. You can choose materials and colors that best suit your needs and complement your landscape.
Investing in worthwhile projects such as veranda and deck enhancements can make selling your modular home easier. It can increase its market value considerably.
3. Installing Solar Energy
Installing solar energy is one of the most worthwhile projects for increasing a modular home’s resale value. Solar energy systems are ideal for modular homes. They can be customized to fit the size of the modular home.
The solar panels absorb the sun’s energy, converting it to electricity and providing the home with free and eco-friendly energy. The costs of the project are usually recovered quickly as energy bills decrease.
Investing in solar energy is one of the most profitable, worthwhile projects for modular homeowners, as it adds monetary and environmental value to the modular home. If you need help installing solar energy, visit this webpage.
Solar energy can help reduce emissions, lower energy bills, and increase the home’s value upon resale.
4. Kitchen Upgrades
Kitchen upgrades are one of the most worthwhile projects that will increase the resale value of a modular home. The kitchen is the hub of the house, and a functional kitchen is essential to a good lifestyle.
Modular home improvement projects include replacing countertops, cabinetry, and flooring. Hiring a skilled contractor to design high-end acrylic finishes, chrome-plated fixtures, and contemporary lighting is beneficial for long-term satisfaction and a rise in resell value.
Such improvements can give a modular home a custom-styled look, making it more marketable and attractive to potential buyers.
5. Enhancing Bedroom Design
When it comes to enhancing the bedroom design of a modular home to increase its resale value, there are many worthwhile projects to consider. For instance, adding a bright, attractive coat of paint to the walls can completely revamp the bedroom’s appearance.
Another option for manufactured home upgrades is adding a statement piece of furniture, such as a dresser in a unique style or a luxurious headboard. Upgrading fixtures like doorknobs or light switches to modern ones can also help increase the home’s value.
For more impact, consider installing new carpeting or flooring. Install a ceiling fan, or add additional built-in storage. New window treatments or replacing the old, outdated ones can also help make the bedroom feel fresh and inviting while raising the resale value of the modular home.
6. Adding Landscaping
Investing in a few trees and shrubs around the modular home can add much visual appeal and instantly make it appear more attractive to potential buyers. Planting natural-looking and low-maintenance plants like ornamental grasses, flowering perennials, evergreen shrubs, and trees with colorful foliage can spice up the atmosphere.
Adding a simple water feature, like a fountain or pond, can also be quite beneficial as it presents an interesting view for visitors. A garden can be considered if the modular home is situated on a large lot.
Adding outdoor furniture pieces, a patio, or pathways for walking will also work great. Ultimately, these landscaping additions will make the property more appealing and increase its resale value.
7. Updating a Modular Home’s Appliances
Upgrading the appliances in a modular home is one of the most worthwhile projects that can be undertaken to enhance its resale value. Newer appliances with energy-efficient features will immediately draw the attention of prospective buyers.
Changing out old, outdated, or inefficient appliances may save owners significant money in utility costs. New, stylish, modern appliances will also appeal to potential buyers and increase the home’s curb appeal. Buyers may be willing to pay a higher price for a home with more energy-efficient appliances.
These new appliances will help the homeowner save money on their monthly energy costs. From a financial and aesthetic perspective, upgrading the appliances in a modular home is still one of the most inexpensive and effective ways to improve its resale value.
Increasing Modular Home Resale Value
A modular home can be a great buy and, when built correctly, can be worth the investment. Investing in projects that increase a modular home resale value can pay off in the long run. From remodeling to increased energy efficiency, consider taking on worthwhile projects for your modular home to receive optimal returns when the time comes for selling.
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