Are you looking for ways to increase the value of your home? You’re not alone. In fact, as the market fluctuates, many of us are searching for solutions to boost our home’s equity.
Fortunately, you don’t have to commit to a complete overhaul to see the benefits.
Today, we’re discussing seven ways to add value to your home to increase the listing price when you decide to sell.
Let’s dig in!
A Few Small Steps Can Quickly Increase the Value of Your Home
Homeownership is no easy feat, and it may feel like you’ll never fully pay off your mortgage. However, consider looking at your property’s worth from a different perspective. Instead of wondering how to pay off your investment more quickly, consider other ways to build your home’s equity.
Looking around your house, you’ll probably find dozens of small improvement projects you could easily tackle over a weekend. After all, you don’t need to undertake a complete remodel to increase the value of your home.
By taking on simple tasks individually, you can create a more desirable space to draw higher-ticket buyers and allow you to up your listing price if you choose to sell. Many of these projects will make your living space more comfortable, even if you’re in your forever home. Heck, you might even decide to stay in your starter house after completing these tasks!
Here are seven easy ways to increase the value of your home without involving contractors and construction crews.
#1 A Fresh Coat of Paint
Inside and out, a fresh coat of paint can completely alter the look and feel of your home. Over time, sun exposure and general wear and tear will show on your surfaces. Chipping, fading, and dingy veneers can make your residence look dated or damaged. Fortunately, this is a cheap and easy fix.
Many homeowners start by reviving interior spaces, especially if they don’t have much experience. Start by picking up swatches and samples from your local home improvement store, then enlist the help of some friends for a fun weekend of pizza and painting. It’s also possible to paint the exterior on your own. However, this might be better left to the professionals.
In any case, you can certainly revamp your shutters, window sills, and front door with a fresh coat of color!
#2 Revamp Your Landscaping
Landscaping is another way to boost your curb appeal and increase the value of your home. A healthy, happy, well-maintained yard can make all the difference in how prospective buyers see your space.
Of course, taking your yard too far can have the opposite effect and seem overwhelming for folks with brown thumbs. Striking the right balance between beauty and maintenance is key here.
Start by researching perennial plants that grow well in your local hardiness zone. Then, consider planting a couple of trees that’ll provide shade or fruit and support themselves once established. If you’re unsure of taking on this type of project by yourself, you can always hire a local landscaping firm to help with planning and execution.
Don’t outsource this job without discovering how Your Lawn Guy Is Likely Ripping You Off!
#3 Boost Energy Efficiency
When an interested buyer tours your house, it won’t take long to determine whether or not it’s well-insulated. Drafts from single-pane windows and poorly reinforced doors are easy to feel. However, upgrading these openings can instantly increase your home value.
These improvements can lower your power bills and make your house more attractive to buyers. But that’s not all. You might even qualify for grants and tax credits by making your place more energy efficient!
#4 Update Major Appliances
When purchasing a house, many prospective buyers inspect the existing appliances to see what may come with the purchase. They may be less inclined to bite when they see an aging air conditioner, outdated oven, or dated dishwasher.
While these appliances are expensive, they can help you build your home’s equity. Additionally, you don’t have to buy them all at once. Consider which systems could benefit the most from new machinery and replace them slowly over time. Many retailers will help you work out payment plans, especially for major purchases.
DIYers rejoice! Here’s How to Easily Lubricate Your Squeaky Garage Door!
#5 Upgrade Bathroom Fixtures
Not quite ready for another significant investment? No problem!
While you might be used to those clear, plastic, ‘90s-era handles on your sink, they lend an outdated appearance to potential buyers. Take a walk through your neighborhood home improvement store for inspiration. Then, think about what would look best with your bathroom’s aesthetic.
There are many modern fixtures to choose from, including faucets for sinks and tubs, fancy shower heads, and drawer pulls. Make a plan and update them all at once for a cohesive look. This might also be a good time for a fresh coat of paint.
#6 Freshen Up Your Flooring
Homeowners willing to spend a bit more to increase their home value should consider replacing their flooring. Dingy, outdated carpets can harbor funky smells and icky bacteria. Over time, many folks go nose-blind to these lingering odors, but anyone considering buying your house will smell it immediately.
Even without carpet, a flooring upgrade can drastically boost your home’s equity. Old, discolored laminate or vinyl is often a major turn-off for buyers, so investing in a high-quality surface will do wonders for your bottom line.
In many cases, this is a job for the pros. However, some handy homeowners might be able to replace their own flooring with a team of friends and a little YouTube research.
#7 Stay on Top of Routine Maintenance
Our final tip to increase the value of your home isn’t really an improvement project. Instead, it’s an ongoing process.
Every house requires ongoing maintenance to function adequately. Regularly cleaning out gutters, clearing debris from outdoor air conditioning units, and ensuring your dryer vents are lint-free should all be on your routine checklist. Even minor tasks like tightening screws and lubricating window tracks can make a big difference for buyers.
You can find plenty of premade maintenance checklists online that may alert you to some tasks you weren’t aware of.
Keep your tasks straight with a Project Planner: Handy Home Improvement DIY Organizer!
Increase Your Home’s Value with Ease!
Increasing the value of your home doesn’t have to be a major undertaking. In fact, we could argue that smaller tasks, added up over time, will make just as much of a difference as a massive construction project.
We suggest starting with routine maintenance to ensure your existing features are correctly cared for. Then, take on one project at a time to boost your home’s equity!
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