CHEAP HOME IMPROVEMENT TIPS THAT WILL ADD VALUE
Whether you're in the market to sell or to simply update and care for your home, these ten inexpensive improvement tips will increase your home's value.
Painting is one of the easiest and most cost-effective home improvements. A fresh coat of paint will make the rooms look updated and clean.
Tip: When choosing a paint color, neutrals are the way to go as they appeal to the greatest number of people, therefore increasing desirability of your home.
Gather decorating ideas from books, magazines, TV shows, and websites. Start your to-do list of ideas you want to try. Keep it simple. Or, if your budget allows, hire a professional designer to take a look at your space.
Tip: Many realtors will offer their decorating suggestions as a courtesy.
Replace worn carpets.
Are your carpets or area rugs tired looking or stained? Potential buyers are turned off by the thought of immediately having to replace the flooring so, if your budget allows, replace the soft flooring in rooms that show the most wear and tear.
Tip: If you have older carpets in your home, allergens and contaminants might be lurking in the carpet fibers. Hire a professional company to test the indoor air quality. Hard surface flooring like tile or laminate don't hold odors and give your home that sought-after updated look.
Kitchen and bathrooms.
If you only renovate two areas of your house, make it the kitchen and the bathroom. You'll see the biggest return when you give your kitchen or bathroom a modern look, with updates to these rooms netting an average of 80-85 percent return on your investment. Try small, cost-effective improvements like replacing an outdated vanity, old plumbing or lighting, or a new tile floor. Trade in a stained sink or old microwave for shiny new appliances.
Tip: Even the smallest kitchen updates will add big value to your home.
Increase your home's square footage.
No, this doesn't mean building an addition, but rather creating the illusion of a visually larger home. Replace heavy closed drapes with vertical blinds or whimsy curtains. A sunny room feels more open and larger. Double the visual space of a room by adding a single large mirror. Trade in clunky old furniture for something more visually appealing for the space.
Tip: Light and neutral wall colors open up a room.
Organize with storage.
Home buyers list adequate storage at the top of their must-have list. Create storage solutions by adding shelving systems to a garage or closet. If this isn't an option for you, create the illusion of more space by organizing and tossing what you no longer need.
Tip: Reducing clutter makes your home appear larger and cleaner, attracting homebuyers.
7. Invest in your water heater.
Trade in your standard water heater for a tankless model. Most water heaters keep water hot 24 hours a day, 7 days a week, whether the water is used or not. Tankless water heaters heat only the water you need when it's needed.
Tip: Not only will you save money now with a tankless water heater, but they're eco-friendly and current homebuyers look for that.
8. Upgrade your appliances.
Replace old models with Energy Star appliances. They're certified to use 10-15 percent less energy and water than conventional appliances.
Tip: Matching stainless steel appliances will not only look great now, but will make your home stand out from the competition if you decide to sell.
9. Curb appeal
is very appealing.
Let's not forget the outside of your home. If your yard is patchy with weeds and brown spots, consider replacing it with fresh sod. You'll be amazed at the difference a yard with thick, green grass will make to your home's curb appeal. Trim overgrown shrubs and banish weeds to show your home is well cared for, both inside and outside.
Tip: A welcoming entrance will increase your home's value.
10. Keep up with regular maintenance.
Take inventory of everything that is in need of repair or replacement. The tasks may not seem important, but little repairs add up to create the impression to buyers that your home has been neglected.
Tip: Tackling these repairs now one at a time eliminates future headaches.
By investing time and a little money, these simple cosmetic upgrades will increase the value of your home. Whether you add a new coat of paint, swap out appliances, or redecorate an entire room, your hard work and attention to detail will pay off when it's time to put your house on the market!
More Info? For more information about adding value to your home, check out our other post: BASEMENT TIPS TO ADD VALUE TO YOUR HOME