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5 Must-Have Home Upgrades That Will Increase Your Property Value in NYC

5 Must-Have Home Upgrades That Will Increase Your Property Value in NYC
by John Carlucci - August 30, 2022

The New York City real estate market is a hot one. The city’s population is growing, and the demand for housing is strong. As a result, the average rental price of an apartment in Manhattan has surged by over 23% over the last year alone.

This has created an excellent opportunity for home sellers and buyers alike. If you want to get ahead of the competition and ensure that your home sells or rents at its highest possible value, here are five must-have upgrades that will increase your property value in NYC. In addition, these upgrades will ensure a more happy stay for the entire family. 

#1 Soundproof Windows

Soundproof windows are a must-have home upgrade if you want to increase your property value. Soundproof windows NYC is designed to reduce sound transmission and keep your home quiet and free from unwanted noise.

Noise Reduction Is Important for Several Reasons:

  • Help you sleep better at night.
  • Keep your neighbors happy since they won't be disturbed by loud noises from your house.
  • Make it easier for you to enjoy the outdoors without hearing the sounds of traffic or construction projects nearby.

#2 Radiant-Heat Flooring

Radiant-heat flooring is an excellent choice for any home. It can be installed in under five minutes, saving energy by reducing the air conditioning needed to cool the home. Plus, you'll love the way radiant-heat flooring looks and feels.

Radiant-heat flooring is made of a thin layer of material that's heated by electricity instead of natural gas or electricity. This makes installing it easier than conventional heaters and provides better heating performance than standard electric cables.

The heated layer is made of a flexible material durable enough to withstand wear and tear but still warm enough to provide comfort year-round without hot spots. In addition, radiant-heat flooring doesn't emit harmful fumes like other heating systems do, so it's safe for your family's health too!

#3 Decks and Patios

Decks and patios are a great way to add value to your home. A deck is a great place for family and friends to gather for outdoor activities such as grilling, playing lawn games, or enjoying the view. It's also an excellent place for hosting parties or events.

Patios are a great way to expand upon the outdoor living space of your home. Patio furniture can be used as seating or eating areas when guests are over. Patio lighting adds ambiance at night and creates an inviting atmosphere during the daytime.

In addition to adding value, decks and patios can also increase curb appeal by giving your home a more modern look. They can be built right into your existing house, or they can be built as separate structures on your property.

#4 Adding an Island

Adding an island is a great way to increase the value of your home. It can be done in several ways, but one of the most popular ways is building a second-story porch or deck. This will allow for more space and privacy in your home, and it gives you another room to use for entertaining guests.

Another way to add an island is by adding an outdoor kitchen. It allows you to have an open space that feels like part of your home rather than an extension. The outdoor kitchen also makes it easier for you to entertain guests and cook in style!

Finally, if you have a large yard that borders on your neighbor's property, consider adding fencing around part of it so that you have more privacy while still enjoying the benefits of being near neighbors without worrying about them seeing into your backyard at night!

#5 Updating Light Fixtures

Updating light fixtures can be one of the best home upgrades you can make. It's simple, it's easy, and it will add value to your property in a big way.

Updating light fixtures is a simple project that can significantly impact your home in many ways. It's important to remember that when you update your lights, you're not just changing the style or color of the lights themselves; you're also changing the overall ambiance of the room. Thus, if you have an old fixture or outdated bulb, replacing it with something new will help bring out all the colors in your space.

If you have wall-mounted lights in an entryway or hallway, installing recessed lighting will open up your space and make it feel more modern and stylish. If you don't want to install recessed lighting, then simply installing flush mount fixtures on either side of these areas will do the trick, 

albeit without adding as much visual appeal or functionality.

The Bottom Line

Homeowners with the foresight to invest in upgrades that increase functionality, energy efficiency, and aesthetics receive several advantages. One, they are increasing the value of their home. Two, they are decreasing the cost of their energy bills and maintenance costs by creating a more well-insulated, conditioned space. Three, they are adding tangible improvements to their property that will make it easier to sell in the future. For any homeowner looking to invest in property value, there is no better way than through energy and aesthetic upgrades.

Author

  • John has worked alongside Real Estate Giants across USA and Canada for decades. Since he started Prudentialcal, he has been actively rendering service as business adviser to many companies in the real estate industry. He formed Prudentialcal in hopes of providing the most reliable stories and information there is in the vast industry of real estate

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