How to Maximize the Resale Value of Your Custom Home

Designing a custom home is the perfect way to create your dream property. Creating a home tailored to your every need is an excellent way to improve your quality of life. However, you may be concerned about the resale value of your custom home.

Striking a balance between designing your dream home and creating a house that commands a favorable resale price is challenging, but it can be done. Here, we’ll explain how to maximize the resale value of your custom home.

Do Your Research

Carrying out detailed research is essential when trying to maximize your custom home’s resale value. 

Conducting local research is vital, as you need a strong understanding of what buyers look for in properties in your area. So, whether you’re in Idaho or Utah, you need a clear understanding of the types of custom homes that are most sought-after and attract the highest resale value. To help you understand how to maximize resale value, it helps to focus on the following areas during your research:

• The features included in the homes
• The size of the rooms and layouts of the properties
• The style of custom homes that have the highest resale values
• The types and positions of the lots that the homes are located on

Consulting a realtor for professional advice will provide you with valuable insights. The realtor’s inside knowledge will help you determine which features buyers look for in a custom home and will likely have the most significant impact on resale value. The realtor can also tell you which features deter potential buyers. These insights will help you to determine how to get the best return on your investment.                                                                                                                                                        

Design With Resale in Mind

Selling your custom home may be out of your mind right now, but it’s a smart move to future-proof your investment by designing it with resale in mind. 

Here are some of the ways you can design your custom home to your needs while protecting its resale value:

• Always choose high-quality finishes to elevate the aesthetic of the space.
• Create a balance between including trendy design choices and timeless style.
• Design interior and exterior spaces and rooms so that future owners can adapt them to meet their individual needs.
• Use durable materials so that features and finishes remain in good condition for a long time.
• Use your research to determine which unique, custom features you can incorporate in the design to appeal to various potential buyers.

Focus on Strategic Areas

Knowing where to focus your attention when designing your custom home is vital. Making the right choices in these areas will significantly improve the chances of attracting buyers and achieving a healthy return on your investment. 

Kitchens and bathrooms

It’s often said that kitchens and bathrooms sell homes. Conversely, the wrong kitchen and bathroom design choices can prevent your home from selling. Kitchens and bathrooms are two of the house's most expensive and disruptive rooms to remodel. Few potential buyers will want to buy a home that needs a kitchen or bathroom renovation, and they may be instantly put off buying your home.

With the average kitchen remodel costing almost $27,000 and the average bathroom remodel costing over $12,000, it’s unsurprising that few buyers want to take on this expense. The buyer may even try to drive the purchase price of your home down to cover the remodel cost. It pays to choose your custom kitchen and bathroom carefully to avoid negatively impacting your home’s resale value.

Create curb appeal

When selling your home, first impressions really do count. Creating curb appeal at your custom home is vital. Landscaping the outdoor space, painting your home an attractive color, and choosing an appealing front door design are just a few aspects of creating an excellent first impression of a home.

Integrate Technology

Technology plays a vital part in every aspect of our lives and can drastically increase the value of your home. Technology to consider introducing to your home that can improve its resale value and appeal includes:

• Smart security features, such as cameras and alarm systems
• Smart thermostats and lighting for added convenience
• Solar panels and energy-efficient appliances to create an eco-friendly home with lower running costs

Maintain the Property

When you’ve invested so much in creating the perfect custom home, you must take great care of it. A well-maintained property with certification to prove it’s undergone regular inspections and servicing will provide peace of mind for potential buyers and boost the resale value.

Property maintenance tasks to focus on include:

• Professional HVAC/furnace servicing and maintenance
• Re-painting/treating exterior woodwork (sidings, window frames, etc.) prevents rot
• Roof inspections and clearing of gutters
• Servicing of appliances
• Yard maintenance and trimming of trees

Utilize Effective Marketing

Properly marketing your property is essential to attract potential buyers and achieve the best resale price, but it needs to be done correctly. When listing your home, use high-quality images and videos to showcase what you’re offering. Staging your home to help potential buyers imagine how they could utilize the space can also significantly impact their reaction to the house. 

Share your listing with anyone and everyone. Make it known that you are selling your home to increase the amount of potential applicants. 

Build the Custom Home of Your Dreams

Don’t compromise the house of your dreams based on fear. Maximizing the resale value of your custom home is a delicate balancing act. However, the best way to ensure a healthy return is to ensure your custom home is designed to the highest standard and features the best possible finishes. Enhancing your custom home with practical features and aesthetic appeal will help maximize its resale value. 

Are you ready to build your perfect home? Contact Guardian Homes today to start the process of building a custom home in Idaho or Utah.