Updating your home to increase its value, isn’t just an expensive endeavor that you do to attract buyers someday- it’s also something that you can do bit by bit to enjoy your home while you are still living in it. Never mind costly renovations and remodels, there are several different home improvements that are simple and effective enough to raise your home’s prices without requiring you to empty your savings.
Remodels are an opportunity to get inspired and revive your home, and there are plenty of affordable projects that will do just that. Here are a few of some of the best ways you can increase your home’s value, even on a budget.
Get Your Kitchen Cookin’ Again
The thought of updating your kitchen might also make you cringe just by thinking of the price. An inspired and redesigned kitchen doesn’t necessarily mean a renovation, nor does it mean a hefty price tag to boot. You can make a big impact just by maintaining your space and keeping it in good (enough) condition. Tasks like cleaning and polishing the floors, and updating the handles on your cabinets to a more modern and contemporary style will make buyers take a second look all at a small cost to you.
Once you’ve completed all that, you can start on some bigger ticket items like your kitchen’s backsplash. Since it’s at eye level, your kitchen’s backsplash is often times the first thing to catch a buyer’s attention. Although it’s a little more expensive then polishing your floors, replacing old tiles will most definitely up the value of your home.
Create Curb Appeal
When it comes to increasing the value of your home, even the littlest shrub can make a significant impact. Nice landscaping makes your home more attractive at first glance, which is helpful when it’s on the market. Spend a bit more than you might like on plants and greenery, but keep in mind that it will be an investment. Planting shade trees by your home will eventually help to decrease your cooling costs and make it more energy efficient. Sure, it’s always a good idea to plant trees, as they release more oxygen into the atmosphere, and it’s even better when it save you money. Win-win.
Update Your Wall Space
Bring some life into your home’s interior by giving your walls a fresh coat of paint. Over time, walls will accumulate dust and dirt that often goes unnoticed and dulls the vibrancy of your wall – a problem that can be easily remedied with a new layer of paint. If you’re lucky and have some leftover paint from the first time around, you’ll be able to save money on purchasing a new can. However, the costs of a bold bucket or two of paint pales in comparison to the newly increased value of your home. Impress buyers, and yourself, by adding some depth, dimension, and character to your rooms that will redefine your space.
But if paint isn’t the problem, it’s most likely dated or faded wallpaper that’s the issue. Like a fresh coat of paint, replacing old wallpaper with something new signals to buyers that the home is modern and up-to-date. They will also be glad they won’t have to do the updating themselves!
by Katherine Oaks