There’s no doubt about it: art enhances the value of a home. From a real estate perspective, a piece of artwork can be an excellent investment. But how exactly does art affect your home’s value?

For most homeowners, the decision to purchase artwork comes after they decide to sell their homes, or perhaps when they are remodeling. A lot of them ask this question: Does art increase my home’s value? Or how much is my art worth? The short answer is: yes and it depends.

Tastes in art are subjective, which makes it difficult to predict the actual sales price of an individual piece. The market for fine art is very competitive, and you should expect to receive several bids on your work at auction.

But let’s look at some facts about art that will help you make the most strategic decisions about what to buy and where to hang it in your home.

First and foremost: if you have artwork that is valuable, then you should definitely insure it through a reputable company like iCollector.com. This can protect your investment if something happens to the work during transit or if someone steals it from your home (a not-uncommon occurrence).

Now let’s look

Decorating your home with the right art is an excellent way to add warmth and personality to a room, but it can also increase the value of your home.

According to a blog post by Art Deco Society, there are some great ways that art makes a home more valuable.

The first way in which art increases the value of your home is when you place works of art in areas that are available for potential buyers to view.

As an example, if you have an oil painting in your dining room, then potential buyers will be able to see it during their initial walk-throughs and from the windows on either side of the house.

When clients see your arts and crafts adorning your walls, they will be more inclined to want to live there – especially if you’re selling a home that has been recently decorated or updated.

The second way in which art increases the value of your home is when you place them in rooms where potential buyers are most likely to visit. For example, artwork placed in the kitchen or dining room will be viewed by anyone who wants to look around these rooms during a showing.

Additionally, artwork placed on staircases or near front doors will be seen as well, giving potential buyers another opportunity to view your

To answer the question of whether or not art will increase the value of your home, we spoke to Andrew Watson, a director specializing in valuations at an independent valuation practice on the border between England and Wales.

In short? Yes, art will help your home’s value – if you have the right kind.

Art can impact your home’s value in a number of ways; increased resale potential, visual appeal and functionality.

First off, it’s important to note that the size of your collection is somewhat irrelevant. The value of art lies in its position within a space, as well as how much thought you’ve put into it. It’s also important to consider that different pieces will have different impacts on price. “The most interesting thing about art is that it’s so subjective,” says Watson. “Some people love a particular piece, some don’t.”

He adds: “Think about what you like when you’re looking for art for your own home. It will have far more impact on resale than any other factor.”

A less functional but equally important reason art could boost your property’s value is its ability to make a space feel like a home. “You want your residence to reflect you and what you like,” says Watson. ”

The value of art in a home, according to a new study out of the Center for Housing Studies at Harvard University, can be much greater than even the most avid art collector would have imagined.

The study found that a single piece of art in a home can add up to $100,000 to its value.

“When you’re talking about high levels of wealth, the decorative arts matter,” said John Gilderbloom, director and professor at the Center for Housing Studies. “If you are an older wealthy person or you are selling your house, then having rare decorative arts around makes all the difference.”

Titled “The Art Effect: The Impact of Decorative Arts on Home Values and Auction Prices,” the study suggests that high quality decorative arts featured in a home increase its value by as much as $200 per square foot. Add to this the fact that most people who purchase homes with art also tend to pay all cash, which means they aren’t taking out a mortgage.

We’ve talked here before about the value of art, both for collectors and for homeowners. But it’s a complicated issue, and there are a lot of different factors that go into determining the value of a work of art (or any home improvement or other decorative touch). So in today’s post, we’re going with a slightly different format: We got in touch with three knowledgeable experts – an artist, an appraiser, and an art dealer – to discuss how exactly art affects home values.

TOTAL WORTH

So what is total worth? Total worth is the combined worth of your property minus the outstanding debts secured by it. It also includes the equity you have in your home or apartment. Total value includes everything that affects the total worth of your property including:

+ The market value of your property

+ The value of all improvements made to your property

+ The value of any additions such as decks, pools or sheds

+ Other improvements such as landscaping, fencing or drainage systems made to your property

+ The value of any furnishings you have added to your property such as curtains, carpets and rugs or paintings and sculptures

The above factors are not always easy to determine as they may not be included

Art is a form of expression, but it’s also an investment that can bring value to your home.

The Benefits of Art

Art can be a great addition to any home. Not only does it make the home more interesting, but it can add value to your home as well. The following are some benefits of adding art to your home:

Art Adds Value

Because art is considered an investment, it can add value to your home when someone wants to buy your house. If you have art in you house, then you will likely get more money for the house if you sell it. People that want to live in a home with art are more willing to pay more money because they consider this type of décor as a plus. Also, many people like having art in their homes because they enjoy seeing something different each time they come into the room. That is why art is such a valuable investment and addition to your home.*

Art Can Increase Your Home’s Curb Appeal

When you add art to your home, not only do you make the house look nicer and more interesting, but it also makes potential buyers want to see the inside of the house by making it more appealing from the outside. In fact, according to Statistic Brain,

The art market is booming, but it’s still not entirely clear what makes a piece valuable. The work of the artist, materials and age all play important roles, and there’s no doubt that some pieces will always be more desirable than others.

But one factor that has gone largely unaddressed by experts is the role of the walls on which a piece hangs. (Online real estate site Estately decided to look into it.)

People tend to consider home decor as a package deal, so they won’t pay more for a beautiful painting if it’s in an ugly frame or vice versa. But art is often a major selling point in homes—it can add thousands of dollars to the price tag. It makes sense then that you want it to look good, even if you aren’t planning on keeping it long term.

“When we asked Estately users to list their top three most important factors when buying or selling a home, interior design was the number-one answer,” says Amanda Gesselman, head of communications at Estately. “It’s clear from our survey data that people care about how their home looks.”

To find out what kind of return on investment buyers can get from hiring an interior designer, Est