Here are 5 easy ways you can increase the value of your property
without breaking the bank.
Do you believe increasing your home’s value is a task that's going to require lots of investment and effort?
Well, it can often be just the opposite! That’s because just paying a bit of attention to the interiors and exteriors of your house can be a real estate game changer and add significant value to your home. It’s all about optics, and that’s what we’re focusing on here!
One of the biggest factors contributing to lower home valuations is hard-on-the-eye optics. To put it simply, those little things you’ve overlooked over the years could be worth more than you think!
While just the opposite - pleasant and well-maintained houses - work as a treat for the eyes and their value goes up like anything. That's because people love to look at them and, when they love to look at them, they'll want to live in them!
Makes sense, right?
Now, let's take a look at FIVE easy upgrades that you can make to your home to make its value go up!
The walls are what make up your house in the first place, isn't it?
So, the impression the walls of your house give tells a story and makes all the difference to your visitors (and potential buyers!). Dirty walls with fading paint and a series of scratches will never impress anyone. So, buckle down and upgrade the walls! A bit of elbow grease, along with a few canisters of paint (neutral color best) should do the work well enough.
If you're on a tighter budget, at least hose off the exteriors so your home gives a welcoming look from the outside.
Is your home shouting, 'I need repairs'?
One thing that prospective homebuyers will look out for is the repairs required in your house, making it safe to assume that the more repairs your house needs, the less value it holds.
You know those creaky floorboards and leaky faucets you’ve been putting off? It’s time to finally get those taken care of!
Spending a little extra money on the various small repairs now can help increase the final sale amount to cover those costs and then some!
People are mostly controlled by their sensory perceptions, so it's important that you make your house the best sensory experience possible. Windows play a huge role in this experience.
If your windows have cheap plastic, aluminum, or paper blinds and shades, just get rid of them!
Instead, consider putting up wood or plantation shutters, or decent drapery to create a more finished feel to your home. Also, make sure the windows allow for enough sunlight to enter each room. Natural light creates a warmth throughout the home that evokes a positive feeling in those entering the room.
According to the cost vs. value report, remodeling your bathrooms will recoup about 87% to 94% of your investment.
So what improvements can you make?
First of all, consider re-grouting the floor, then you could repaint the walls and replace the old, outdated fixtures with newer, more fashionable ones. For around $150, you can get a new sink faucet and install a spa-style luxury shower head!
As for the kitchen, a report from Remodeling Magazine says you can expect to gain back about 62 to 81 percent on your kitchen investment. But, there's no need to go crazy over the renovation…
Little improvements like repainting the cabinets, replacing old fixtures with their modern versions, and installing energy-efficient options can easily boost the appearance of your kitchen!
This should be a no brainer, right!?
Anyone coming to see your house on a showing will recognize when they’ve found “the one” when they enter a home and immediately get that “I’m home” feeling inside.
So, if you're looking to sell your house for a higher value, make sure your house looks like a home. A sweet, cozy home that the buyer would WANT to spend their life in!
In the end, it's still your home anyway, and it's up to you what type of home improvements you're interested in going for.
But, if you intend to sell your house down the road, make sure the remodeling pays off on the sale!