Home Improvements to Increase Your Home Value
As a home owner or future home owner, most likely, one day you will be a home seller. To ensure that you get the most out of your house when it hits the market, regardless of your budget, here’s a few quick home improvement tips that can increase the value of your home significantly.
Home Improvements under $100
TIP #1: BRING IN THE HELPING HAND OF A REALTOR OR INTERIOR DESIGNER OR A STAGER
Instead of trying to go about this process on your own – and potentially ending up in over your head – reach out to a realtor or interior designer / stager for a consultation session. From changing up the paint scheme of your house to the placement of your furniture, these experts can provide you with plenty of ideas and improvements – often in under an hour – that go a long way toward increasing the value of your home.
Tip #2: Spring for an Inspection
Unfortunately, not all of the changes that go into improving your home’s value end up being cosmetic in nature. Suspect wiring, termites, and a variety of other unseen issues can pose a major threat to the sale of your home, so bring in an inspector to check out every nook and cranny. It’s never any fun to hear about the problems within your home, but tackling these repairs and fixes now can save you plenty of money – and headaches – as you work toward finding the right buyer for your home.
Tip #3: A New Coat of Paint Goes a Long Way
One of the easiest improvements on your wallet – a new coat of paint – can go a long way toward changing the look of your home. Freshly painted rooms give off a clean and stylish look to visitors, so this simple upgrade can make a world of difference with interested buyers. Neutral colors appeal to the widest variety of people, so going this route is often a good idea.
Tip #4: Look for Improvement Inspiration
Design-oriented magazines, TV shows, books, and websites all are free sources of great ideas for home renovations and upgrades. All you need to do is sift through these selections and find a do-it-yourself (DIY) project that fits your specific budget and home improvement needs.
Tip #5: Take on an Energy-Efficient Mindset
While it might seem like the amount of money you spend on energy costs is static every month, the truth of the matter is that you can actually lower this expense significantly and put the savings you acquire toward other renovations. Many local utility companies are more than happy to come into your home and conduct an energy usage audit, so get in touch with your service provider to see how you can reduce your monthly energy bill today.
Home Improvements Between $100 and $200
Tip #1: Think Ahead by Planting a Tree
If you’re a home owner who isn’t looking to sell his or her home tomorrow, it’s not a bad idea to think ahead with a long-term improvement plan – in this case, planting a tree on your property. Aside from the notion that a well-placed tree can enhance the “curb appeal” of your home significantly and give the environment a helping hand, there’s also the fact that the shade generated by this addition can decrease energy costs related to cooling your home by up to 40 percent.
Tip #2: Keep the Landscaping Theme Rolling
Planting a tree is just the first step. By adding plants that are drought-tolerant and native to your region, you can continue to enhance the curb appeal of your home, all while reducing the water and maintenance burden that comes with a revamped garden or properly landscaped yard.
Tip #3: Skip the Bottled Water and Grab a Filtration System
Installing a filtration system on the faucet in your kitchen is an inexpensive – and effective – way to increase the interior appeal of your home and save some money at the same time. No more bottled water via an inexpensive water filtration systems means a lower grocery bill and a luxury addition to your kitchen that entices potential homebuyers when they stop by for a visit.
Tip #4: Consider Testing Your Indoor Air Quality
Having a professional air inspection team come into your home to test the quality of your air is a great way to enhance the value of your home and increase your current quality of life. Old carpets are often full of allergens, mold, and other less than savory contaminants, so having these professionals drop by can help set the wheels in motion for a flooring upgrade.
If you do decide on new flooring before you put your home on the market, consider going with an environmentally friendly offering like tile or laminate. These surfaces require less maintenance and product to keep clean, give your home a sleek look, and don’t hold odors or stains like standard carpet selections.
Tip #5: Leave the Popcorn at the Movie Theaters
Yes, there was a time and place when popcorn ceilings were all the rage. However, that day has long since passed when it comes to appealing interior design. Thankfully, all you need to tackle the removal of this popcorn finish yourself is a trip to the hardware store for a scraper and a softening solution to loosen up this dated addition. It is important to note that older ceilings can contain asbestos, so be sure to consult with a professional to test your home if you’re unsure about the presence of this building material.
Home Improvements Between $200 and $400
Tip #1: Hire a Lawn Service to Tame Your Jungle
Even the nicest home can’t escape the negative curb appeal that comes with an overgrown, patchy, or otherwise poorly maintained lawn. To overcome this issue, hire a lawn service company to clean up any eyesores and ensure that your landscaping always looks its best. The few hundred dollars you put toward this service as a home seller can be the difference between making a great first impression with a buyer or turning these shoppers off before they ever step foot into your home.
Tip #2: Bring in a Cleaning Service for the Inside as Well
Just like with your lawn, keeping the interior of your home in great shape is easier than you think. Enlisting the help of a professional cleaning service provides you with the help needed to scour every nook and cranny of dirt, grime, and other unwanted buildup. Even if you’re a neat freak in your own right, bringing in this kind of helping hand can make your home sparkle and shine like the day you moved into it.
Tip #3: Increase Your Visual Square Footage by Saying Goodbye to Clutter
Square footage isn’t just a number on a piece of paper anymore. With the right approach, you can increase the “visual” square footage of your home and create a more open and expansive living space. To start off this process, make it a plan to get rid of the clutter – like excess furniture, boxes, and items that are strewn about – within your home. Incorporating shelving in your closets and other hidden areas can help on this front.
From here, change out drapes made of heavy fabrics with vertical blinds to let more sunlight into your home. Bright and well-lit areas appear larger to the human eye, with large mirrors enhancing this effect significantly.
Tip #4: Fix up the Small Things in Your Bathroom
Replacing tubs, tiling, fixtures, and other major projects in your bathroom costs a ton of money – no one can deny this fact. However, by replacing burnt out lights and covering up dated wallpaper with a fresh coat of paint, you can bring your bathroom into the modern era and increase your home value
Tip #5: Switch out Your Ceiling Fans for Energy-Efficient Models
Nobody likes a broken, wobbly, or loud ceiling fan. Aside from the unpleasing experience of listening to this old fixture rattle for hours on end, failing to have an updated model can turn off prospective buyers and add unnecessary costs to your monthly energy bill. Switching to an energy-efficient ceiling fan not only keeps a cool breeze rolling through your home during the summer months, it also helps stand out as an excellent aesthetic addition to room.
Home Improvements Between $400 and $750
Tip #1: Get the Most out of Your Bathroom Budget
In terms of maximizing the “bang for your buck” aspect of home improvements before you sell your home, few rooms compare to the bathroom when you enter the $400 to $750 range. If you’re looking to enact these kind of changes, start by replacing old plumbing or lightning fixtures that either don’t work properly or fail to add to the visual appeal of the bathroom. Changing out the tile or other flooring surface keeps this trend toward a better bathroom moving forward at full speed.
Tip #2: Create a New Look in Your Kitchen
Much like the bathroom, your kitchen is another portion of the home where a budget in this range can be put to exceptional use. Installing stainless steel fixtures, adding a tile backsplash to your stove, or even just replacing a dingy or beaten up microwave can all propel your kitchen into the modern area once you decide to put your house on the market with the help of a real estate professional.
Tip #3: Roll out New Carpets
Worn, torn, and otherwise spent carpeting is a major turnoff for visitors when you’re trying to sell your house. Depending on the age of your home, starting from scratch in every room might be the best call. However, if you’re limited to upgrading the flooring in just one room for the time being, try to start with the room that shows the most wear and tear. This approach helps maximize the impact of this initial home improvement investment.
Tip #4: Spring for the Little Things
Taking a tour of your home and compiling a list of “to-do” fixes might not sound like a ton of fun, but this activity can help put you on track for a better sales experience. These small fixes – broken door knobs, cracked light switch plates, etc. – don’t seem like much on their own, but the presence of multiple small issues within the home can give off a feeling of neglect or disrepair to visitors. Hiring a handyman or tackling these problems yourself over a dedicated weekend is the perfect way to give your home a new, improved look.