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7. Modify your home for aging-in-place or intergenerational living
With about 84% of older Americans wanting to age in place and 58% saying it’s extremely important, many are staying put or making updates to better suit their needs. For sellers, this trend highlights the value of features that support flexible, multigenerational living.
Adding an accessory dwelling unit (ADU) is one way to attract buyers, provide space for extended family, or even generate rental income. It can also increase a home’s value, making it a smart investment for those looking to sell quickly and maximize their return.
“Multigenerational living is a huge value-add,” Provencher says, boosting the typical home value in her area by about 20% to 25%. She says that even people who don’t plan to use an ADU as housing love the space as a home office suite.
However, building an ADU can get expensive. The average cost is $180,000, but it can stretch up to $360,000. The cost can be impacted by the type of ADU you build, the material type, the design of the space, labor costs, and the systems you equip the unit with.
8. Make your mudroom bigger and more functional
A mudroom or foyer with a place to drop off the day’s gear has long been a home design perk, especially in areas where corralling wintery shoes and boots is a must. Adding this space to your home offers approximately 50% ROI.
Provencher says that adding a bench, hooks, and built-in cubbies to a small foyer entry creates this natural stopping point and a perceived value-add.
“They want that drop zone,” she says.
