Increasing the value of your home with improvements is your major goal in any property investment. You can invest smartly by following low-cost ways that adds ton of value, but it’s not as simple as it sounds. It’s easy to go overboard with decorations and elements, which can drive buyers away and make it harder to sell when you decide to move on.
Whether you’re going to put your home on the market soon or just want to make some basic improvements, here are seven ways to increase the value of your property and instantly boost the curb appeal.
Let’s delve in:
Tips to increase your home value without breaking the bank
A well-cared-for home will not only make you feel more at home, but it will also increase the value of your property. Don’t take curb appeal lightly when it comes to homeownership. If you want to get the most out of your home, you need to start by making it as attractive as possible to potential buyers and tenants.
Updating Paint and finishes
A new paint job is one of the most cost effective ways to increase your home’s value. A fresh coat of paint can make a big difference in the appearance of your home, and can help to protect your investment. When choosing a new color scheme, be sure to consider the resale value of your home.
You can also add value to your home by updating finishes and fixtures. Replacing old hardware with new, stylish pieces can give your home a fresh look without breaking the bank. Another way to update your home’s appearance is to install new lighting fixtures.
Update landscape for curb appeal.
A great landscape design can really add to your home’s value and help it stand out from the crowd. By adding some color and updating the landscaping, you can give your home a whole new look that will increase its equity. Everyone loves rush lawn and ornamental plantings. Anyhow, you can try and start simple things like having new plants or a fresh mulch. Such simple landscape features can help your home make a great first impression.
Focus on Kitchen and Bathroom
Bathroom and kitchen are two of the most important rooms in the house, and potential buyers will be willing to pay more for a home that has been well-maintained. Plus, a remodeled kitchen and bathroom can also lead to a higher return on investment (ROI). You don’t have to involve in a major renovation, getting only a new bath tub may do wonders. You can change the flooring, the countertop, and the vanities. If you’ve got a budget in hand, you can buy new energy-efficient appliances in your kitchen.
Finish off your basement,
A basement is a great way to add extra living space to your home without having to increase the footprint. Your home’s fair market value depends a lot to the finished square footage. That’s where you can finish off your basement or other unfinished spaces to turn the odds in your favor. Putting up drywall and adding carpet to your basement can make it an ideal space for storage or a living room. Finishing a basement helps increases safety, eliminates foul odors, and reduces invasive pests
Clean and declutter
The most affordable yet effective way to increase your home’s value is to make it clean and clutter-free. This means power washing the exterior, cleaning the windows, and making sure the landscaping is trimmed and tidy. No one loves that garbage, dirt, and strange odors from the outdoors.
Decluttering also extends to the inside of your home. If you have too much furniture or knick-knacks, it can make a space feel small and cramped. Take a look around each room and consider removing any unnecessary items.
Try getting modern and clever storage solutions. This can be something as simple as built-in shelving or storage shed in the backyard. By making the most of the space you have, you can make your home more valuable.
Change or add windows or doors
Adding or replacing your doors and windows is great way to add curb appeal and increase the value of your home. It not only improves the energy efficiency of your home, but also reduces noise inside your home. Modern doors and windows help lower your energy bills and make your home more comfortable to live. Things like skylights and French doors help brighten up your spaces and make it feel more open.
Your front door is the first thing visitors see when they come to your home. So, a new front door can be a great way to increase your home’s curb appeal and value. Choose a door that compliments the style of your home. If you have a traditional home, go for a classic wood door. If your home is more modern, consider a steel or aluminum door to get that rustic feeling.
Update your siding
Updating your siding will give your home an instant facelift; make it look more modern and inviting. Plus, new siding is a great way to protect your home from the elements. A new siding will lower your utility bills and keep it looking its best for years to come. There’re plenty of options available and it’s best to choose one that goes along the climate, area, and location of your property.
Updating the flooring
Flooring is one of the first things people notice when they enter a home, so it can make a big impact on curb appeal. New flooring can make your home more attractive to potential buyers and help you get more money for your home when you sell.
Depending on the style of your home and your personal taste, there are a variety of different types of flooring that you can choose. Hardwood floors are classic and timeless, and they can add a significant amount of value to your home. Stone or tile floors are also great options for modern look and feel. They’re durable and easy to maintain, and they can give your home a luxurious feel.
If you have old carpets that are stained or worn, replacing them with new ones can make a big difference.
The Bottom Line
Adding equity and increasing your home’s value doesn’t have to be expensive or time-consuming. By making simple updates, you can add value to your home and make it more appealing to potential buyers. Cleaning your landscape and just decluttering can do wonders. So, try to brainstorm what seams best for your home and make a workable plan.