Whether you are planning for a complete home makeover or just adding a few upgrades before getting ready to sell your home, it is important to remember that a little can go a long way. And it doesn’t need to break the bank. The actual cost and payback for any project can differ depending on both your home’s condition and overall market values in your area. But to get the best value for your upgrades, here are five easy ways to increase your home value.
1. Curb Appeal
First impressions are a big deal, you only get one chance to really ‘Wow’ someone. This is especially true when it comes to your home. If your home doesn’t look so great from the outside, who is going to want to come in to see what your home really has to offer. The easiest way to bring some real curb appeal is to clean up the yard and to add some plants and flowers. A little color never hurt anyone! Just be careful not to go to crazy, you don’t want your front yard to look like a jungle now. Good landscaping will go a long way. Check out our previous blog for more curb appeal tips!
2. Kitchen Faclift
In just about every home, the kitchen is where you will spend most of your time; it’s the heart of the home. Kitchen upgrades can increase your home’s value by up to 7%. If you want to start small, a fresh coat of paint can make a room feel like brand new. Be sure to keep to a neutral color to appeal to as many people as possible. Or add a backsplash for a pop of color to really brighten the room. For a full kitchen upgrade, make sure to swap out old appliances. Pro tip: stainless steel will never go out of style.
3. Bathroom Upgrades
Much like the kitchen, the bathroom only needs a few small upgrades to make big changes. Depending on how old your home is, it may be time to get rid of that wallpaper and put up some fresh paint and hang some clean new towels for a quick and cheap fix. Another cost effective change is to replace lights and faucets. By replacing outdated fixtures and doing a little deep cleaning, you can have a totally new bathroom.
It is time for some spring cleaning! Not only are you going to be getting rid of things you don’t need, you can take this time to really get organize and deliver a 3-5% return on investment. Plus, it creates the illusion of increased space. Obviously, more square footage equals more value, and this extends to visual space, or how large a home feels. Add some nice shelving to underused space and hide your clutter. And potential buyers can now see what you have to offer and can visualize the space as theirs.
5. Regular Maintenance and Repairs
If you are not ready to sell just yet, you want to keep up with the regular maintenance of the house. Putting it off for too long can lead to problems down the road. Whether it be weeding the front yard, fixing leaky faucets, or replacing broken windows, these little repairs can go a long way for your home value. So now when you are ready to sell, your home is going to be in great shape and it will be less stress on you!
Investing a little time and money towards some easy home improvements can really pay off in the long run. And when it comes time to sell, these little things can determine whether or not you are spending months on the market or selling quickly. Whenever you’re ready to sell though, be sure the contact The Reed Team.