The average cost for a Long Island home is around $600,000 as of 2021.
In a geographical area famous for its convenience, proximity to New York City, and unbeatable pizza, you’ll want to be certain to max out on your home’s value. This is especially true in a competitive seller’s market such as the one we’re currently experiencing.
How can you improve the resale value of your Long Island nest?
Here’s what you need to know.
Dormers
A dormer is an extension on your house that will extend your living space.
Many older houses on Long Island have smaller bedrooms or insufficient bathrooms for a growing family. However, the right dormer will allow you to add sleeping space, as well as customize the rooms to your liking.
Are you looking for an indoor office over your new kitchen or an extra bathroom for your teenagers? The right dormer can help you make the space more modern, comfortable, and efficient.
Some Long Island homes have sloping roofs that make upper floors appear darker or smaller. A well-built dormer will add light and air to the space, making your second floor more comfortable for living. Or you can add an extension to your first floor for additional space to entertain.
Hiring a dormer contractor can be a smart decision. However, you’ll want to ask for recommendations and check out online reviews so you have even more confidence that your money is being well-invested.
Window Replacement
In many older homes, windows desperately need replacing. They may easily get stuck, or you might notice a cold draft whenever you walk past them. Windows are a fairly inexpensive upgrade that can make your home more efficient and help improve your resale value.
New windows will help to reduce your energy costs while you’re living in your home. They will also help to keep out noise and pollution.
When prospective buyers take a look at your home, you can let them know that the windows have recently been replaced. They will know that they can save money on utilities once they’ve moved in.
Add a Deck or Patio
A well-designed deck can lead to a Return on Investment (ROI) of up to 63%.
Decks are popular on Long Island for a number of reasons. They extend your living space in the summer months by providing an attractive, welcoming place to entertain. And you can make them more inviting with elements like outdoor kitchens, firepits, and new deck furniture.
If you’re serious about making your home stand out as a great value, you’ll want to add a deck or patio to your backyard.
Improving Your Home’s Resale Value
The market for homes on Long Island is currently very hot. However, it shows signs of slowing down in the future. The right improvements will allow your house to retain its resale value so your investment will be well worth it.
For more information on improving your home and lifestyle, read our blog today.
