7 Surprising Factors That Can Boost Home Value | Billy.com

While most homeowners turn to remodeling and renovations as a surefire way to increase home value, not all factors fall underneath your roof or in a layer of paint. Many people can find themselves going through the stress of adding structures and removing walls that could impact their homeowner’s insurance when there are elements and amenities outside of the dwelling that increase worth. Here are seven surprising factors that can boost your home’s value.

Proximity to a Well-Known Coffee Shop

Having a home near a popular coffee chain has its perks, and it’s not just about the caffeine. Despite the demand for coffee, other retail stores can increase the worth of your dwelling as well! Some studies show it can account for up to a 96-percent increase in property value in recent years.

Smart Home Technology

Items like home security systems and smart home climate controls are popular among buyers and sellers. However, while this technology is a game-changer in increasing security, you should also be aware of some possible privacy risks.

What the Color Blue Can Do for You

Blue is a soft, serene color that everyone can embrace! Studies indicate that prospective home-buyers lean more toward homes with rooms painted in shades of blue or gray, prompting them to invest more.

Proximity to a Military Base

Living near a military base can increase the value of your property by 30 percent due to the demand of service members in need of housing close to work. Not only that, but certain military bases can price homes at different medians.

Having a Flagpole in Your Yard

Residential flagpoles are towering structures that add curb appeal to your home, which can allow a home’s value to skyrocket. It also provides a fantastic opportunity to display the flag of your choice and give your neighbors insight into your personality.

Your Neighbor’s Lawn

Having neat neighbors is a blessing! A beautiful lawn next to yours can improve your home’s value; on the other hand, a neglected yard can decrease it just as quickly.

Who knew that those factors could impact your home value in such a positive way! So before you reach for the mallet and drywall, consider the points on this list. You might already have some of these things near your home right now!