Insight on the custom home market from Carla Knight Homes.
When building a custom home, you have the opportunity to make it anything you want. You can add all of the features, rooms, and amenities that you’ve always dreamed of having. However, an important part of the process is considering that there could come a time where you’ll need to sell.
It’s pivotal to plan for the future and know how to maximize the resale value of your custom home before you even design it. There are a few simple design factors that will help hasten the selling process. Even if you don’t think you’ll sell your home, in the long run, it never hurts to be prepared and make informed design decisions. Plus, these minor features will benefit you and your home in the present.
Read on to learn how to maximize the resale value of your custom home, in the event you ever plan to sell it.
4 Ways to Maximize the Resale Value of Your Custom Home
1. Find an Ideal Location
Location is everything. Build your home in a location that is desirable for the price of the home you are looking to build. Look for neighborhoods with great schools, access to the outdoors, and areas where other homeowners are building custom homes. This will increase the resale value and create higher demand for your home down the road.
2. Invest in Energy-Efficiency
Despite the upfront costs of energy-efficiency, upgrades can save you money in the interim between building the house, and subsequently selling it. Studies show that buyers are generally more interested in homes that are energy efficient. A few ways to “Go Green” include the addition of solar panels, sealing windows, installing energy efficient appliances, using compact fluorescent lights, and insulating properly.
3. Include Plenty of Storage Space
By adding walk-in closets in the bedrooms, plenty of cabinets and pantry space in the kitchen, a storage shed out back, or an extra closet in the basement, you could end up generating a log of buyer interest when it comes time to sell.
4. Don’t Go Overboard
To appeal to the widest audience, keep your home’s design approachable. Seeing as the custom home will be built to your taste, you should create everything the way you like it, keeping in mind that extravagant additions may prove to be difficult selling points.
Timber Ridge Properties is the premier custom home builder in the Denver area. Looking to plan a luxury build? Or have more questions? Get in touch with a member of our team at 303-805-0300