Effortlessly Transform Homeownership Into Rapid Equity Growth
Ways to Increase Home Equity
One of the most effective ways to boost home equity is through home improvements. Renovations such as kitchen upgrades, bathroom remodels, or adding energy-efficient features can significantly increase your property's market value. According to the National Association of Realtors, a minor kitchen remodel can return 81% of its cost at resale1.
Another approach is to make extra mortgage payments. By paying more than the required monthly amount, you reduce the principal balance faster, which in turn builds equity. Even small additional payments can have a significant impact over time. For instance, adding just $100 extra per month on a $200,000 mortgage can save you thousands in interest and shorten your loan term by several years2.