Cost-Efficient Ways to Improve Home Value
When it comes to reselling your
property, you might find yourself scrambling to figure out what you can do to
improve home value in the eyes of others. Unfortunately, a number of the home
improvements you make to your home don’t even come close to increasing the
value of your home enough to make up for what you spent.
Here’s a great home construction
remodeling tip; instead of focusing on huge, expensive improvements to your
home, consider small, simple ways to improve the appeal of your home, and
increase what you can get for it as you try to sell.
Simple,
Inexpensive Ways to Boost Curb Appeal
One of the best things you can do
when it comes to boosting your home’s resale value, and encouraging potential
buyers to feel good about your home, is to improve the curb appeal. Your home
makes a first impression, and the way it looks when others pull up has a big
impact on the perception of value. Your home is more likely to sell at a higher
price if the first impression is one that encourages the thought that your home
is really worth something.
You can boost your home’s curb
appeal with a few simple and inexpensive home renovations:
- Neaten the yard:
Keep the lawn mowed and cared for. Pull weeds. Trim the hedges. Plant a few
flowers. Remove trash and toys.
- Add some paint:
If you have a fence, touch up the paint. If the exterior looks dingy,
pressure-wash the exterior, repaint, or update the siding (although doing
the siding can get expensive).
- Replace the front door: According to Remodeling Magazine, you will recoup the
entire cost (less than $1,300) of replacing your front door. Plus, it
gives the home a neater, newer look when you have a new front door.
You’ll be amazed at what you can do
with a little elbow grease to improve the look of your exterior.
Improve
the Interior
Make small changes to the interior
can also help. Have the carpets deeply cleaned. If you don’t have the time or
inclination to do it yourself, hire someone to come and clean your carpet. It’s
worth it to provide that clean look.
You can also add new paint to the
walls. Clean scuffs off baseboards and touch up the paint. Try to avoid garish
colors as you redo the paint, since you will be more likely to get more for
your money with neutral colors.
Some areas where a cheap home
upgrades can stand out are in the kitchens and bathrooms. You don’t have to go
whole hog, but replacing old cabinets (or at least re-staining them) can help
breathe fresh life into the kitchen. New tile around the tub, or a new sink, in
the bathrooms can also make a difference. Small ways to improve the look of
your kitchen and bathroom can go a long way toward increasing the chances of
selling your home in a timely manner, and for a better price.
And, of course, when you are ready
to sell, consider staging your home. A professional may cost some money, but
staging your home in a way that makes it look spacious and inviting can help
you sell faster, and increase the chances that you will get what you want.
Cannon Realty & Associates
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