2023 Top 5 Home Updates to Add Value

Selling
Written By Joshua Baumgardner

Below are the top five updates a homeowner can undertake to not only recoup their investment, but increase the value of their home in the process.

  1. Kitchen and bathroom remodels: These are often considered the most important updates because they can greatly improve a home's appearance and functionality.

  2. Additional living space: Adding a bedroom, bathroom, or finished basement can increase a home's square footage and value.

  3. Energy-efficient upgrades: Installing new windows, insulation, and HVAC systems can reduce a home's energy costs and make it more attractive to potential buyers.

  4. Exterior updates: Curb appeal is important and simple changes like landscaping, painting, or a new front door can improve a home's appearance and increase its value.

  5. Smart home technology: Installing smart home systems such as security cameras, thermostats, and lighting can make a home more convenient and secure, and can also increase its value.

Remember to always consult a professional when deciding how best to spend on updates/renovations, as prices can vary greatly depending upon the finishes and the contractors you select for the job .

Joshua Baumgardner

Growing up with family roots in both property management and construction to eventually becoming Vice President of TTR Sotheby’s International Realty, Joshua was destined for a life in the real estate industry. Joshua spent the first years of his career as a professional opera singer, and the owner of a private voice studio. It didn’t take Joshua long before he felt the undeniable yearning to return to his roots in real estate.

With an unrelenting ambition to surpass the expectations of each client, Joshua is committed to making the buying and selling process as smooth as possible. As a member of The Alliance Group, Joshua works closely with his team members to assist each client and their unique situations. The team’s expertise spans every facet of the industry from working with first-time homebuyers to listing the luxury properties of global clients. Joshua's team is one of the highest-producing groups in the DC Metropolitan area, and a multi-year recipient of the Best of Washington, Best of Arlington, and RealTrend Top Producer Awards.

Joshua calls the vibrant NoMA neighborhood home, and can often be found brunching along 16th Street, biking the C&O Canal Trail, serving at Foundry United Methodist Church, or spending a Saturday evening enjoying a new opera or musical.

Joshua is a graduate of James Madison University, and Florida State University, a member of the National Association of Realtors, The Northern Virginia Association of Realtors, and a founding member and serves on the boards of the Wagner Society of Washington DC and the LGBTQ+ Real Estate Alliance. Follow Joshua on Instagram @LiveTheDMV.

Joshua’s team is founded on the shared vision that luxury is a level of service and not a price point, with the team’s individuals sales ranging from $220K to $9.98M, totaling nearly $1 billion in combined lifetime sales.

https://www.LiveTheDMV.com
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