How Can I Increase the Value of My Property in 2025?

In 2025, set a goal to increase your property value by focusing on key areas and upgrades that will offer the most return on your investment. Increasing the value of your home is critical as it translates to a higher net worth and added profit in the future. For example, as a homeowner, when you sell your property or apply for loans, it is to your benefit to ensure your home is appraised at its highest possible value as an asset for you to leverage in your favour. 

How can I increase the value of my property in 2025? 

There are many ways to increase the value of your property. From major to minor upgrades, let’s explore some of the best property upgrades to increase your home’s value.

Consider major renovations for the best future return on your investment 

Major renovations can be anything within your home or on your property that requires more invasive work to be done. They also tend to be more costly and can, depending on the renovation area, impede your daily use of the affected space for some time while the work is being done. That being said, these major renovations will produce the most drastic results and, when done properly, will impact your home’s value most significantly. 

Renovations of this nature might include: 

• A remodel of your kitchen: swapping out old appliances, adding more cabinetry, reconfiguring the layout for a more open and usable space, maximizing efficiency of use and overall aesthetic appeal.

• Remodeling - or adding - a bathroom: older bathrooms can severely date your home and turn off prospective buyers in the future. When it comes to bathroom remodels, it’s wise to opt for classic, sleek finishings and neutral, bright paint, ensuring longevity in its appeal and aesthetics.

• Upgrading your home for maximum energy efficiency, with things like re-insulating your property, upgrading your fixtures and devices to smart, energy-efficient models, or considering solar panel installation.

• Adding or renovating usable living space: this might mean (finally!) finishing your basement or adding an extra bedroom, bathroom, or office - the options really depend on your home’s space allowance, existing layout, and of course, the scope of renovation that your time and budget allows.

• Landscape/outdoor renovations: if you’re looking to add value to your home via enhancing your exterior property’s curb appeal, this might mean enlisting some professional design and landscaping, putting in added features such as a pool, gazebo, or outdoor kitchen, to name a few popular upgrades. 

Small upgrades with major payoffs

You can also opt for several smaller-scale upgrades to enhance your home’s value without committing to major renovations. 

Some examples of minor renovations with major return on your home’s value include: 

• Refreshing your exterior with some smart “curb appeal” upgrades: 

There are many ways to update and enhance your “curb appeal” upgrades without committing to major renovations or costly upgrades. That could translate to a fresh coat of paint on your front door, a new outdoor doormat, some attractive planters, and ongoing maintenance of your garden. 

• Update lighting with modern fixtures and energy-efficient choices: 

Energy-efficient light bulbs and smart devices make for more energy-efficient choices when it comes to updating your home’s lighting. This is not only a smart way to increase your home’s value, but it also works to improve the energy-efficiency of your home to your benefit as a homeowner, by minimizing energy consumption and reducing energy bills. 

• Fresh paint can do wonders: 

It’s amazing what a fresh coat of paint can do to update a space and give it new life. Peeling, chipped, or faded paint can date your home and decrease the overall value of your property. Even a minor patch-up with paint can drastically change the overall look of a space, be it the front door or window frames, for example. 

Prioritize, plan & do what you can 

When it comes to adding value to your property, it’s all about doing what you can, with the budget you have and ensuring you prioritize any home improvements by urgency and the highest return on money invested. 

A great way to get started is by creating a “wish list” of home improvements and renovations that you feel your property could benefit from the most. Then, take that list and consult someone with an objective and expert opinion - this is another benefit of having a trusted real estate agent on speed dial. Whether you are ready to sell or simply thinking ahead to future possibilities, a local area expert will have unique insights as to what home features and upgrades are most in demand and will offer the best value for your investment and efforts as a homeowner. 

Once you’ve narrowed down your list of possible home improvements and upgrades, you will want to assign them in order of urgency and, of course, with your budget in mind. Some renovations may offer the highest return in terms of raising the value of your home, but may not be realistic in terms of financial feasibility at this time. That isn’t to say you won’t manage to tackle them at some point, but instead of feeling discouraged, continue working your way down your list until you arrive at the improvements or renovations that make the most sense all around for you at the time.

Any improvements and updates to your home will offer you some benefit and added value, no matter how small, so long as they are improvements that positively impact your home in terms of better functionality, efficiency, or quality of daily life. 

Not sure where to start? Connect with one of our award-winning real estate professionals today for expert insight on how to get started!