Whether you’re selling your home or just want to improve the value of your home, there are many small home improvement projects you can do to make it more appealing to potential buyers.
You can make upgrades to big houses, as well as smaller condos. Wise additions and decluttering can really influence the price tag.
Here are some ideas to get you started:
Refinish Your Kitchen And Bathroom
Having a well refinished kitchen and bathroom can increase the value of your home.
In today’s buyer’s market, it’s a good idea to make your home as appealing as possible, both to potential buyers and to you. Whether you’re looking to sell your home or you simply want to update your home to better suit your lifestyle, here are some suggestions for how to do it.
First impressions are everything in real estate. When a buyer walks into your home, they’ll immediately start checking things out. One of the first areas they will look at is the bathroom.
Bathroom: Easy Fixes
The bathroom is one of the most used rooms in the house. It’s also a room that can be easily damaged by spills, such as a cleaning solution or water. Fixing that is an easy thing to do and adds immense value.
You might also want to consider adding heated floors, which are perfect for cold winters.
Kitchen: Easy Fixes
The kitchen is probably another room that adds the most value. A new coat of paint can make a kitchen look completely new.
Alternatively, you may want to consider adding a backsplash to bring your color scheme together.
If you’re looking for a more affordable alternative, consider peel and stick tile over the existing flooring. This will make your kitchen look brand new without breaking the bank. You’ll also have the opportunity to refinish your countertops for a fraction of the cost of installing new ones.
Clean And Declutter Before Showing Your Home
It’s a good idea to clean and declutter before showing it to prospective buyers. Not only does this make the home look more presentable, it also increases its value by even a few thousand dollars.
The obvious areas to declutter are the kitchen and bedroom.
The kitchen is one of the main rooms a prospective buyer will remember. Not only will they look for appliances with lids, but they’ll also be looking for things like expired food.
The best way to declutter your home is to take it one room at a time. Having a trusted friend look over your home is also a good idea. This friend may have ideas about easy ways to declutter your home.
You might want to hire a professional to do the heavy lifting. Not only will this make the process go a lot more smoothly, it will save you from a headache.
The best part about decluttering your home is that it makes it easier to sell. The more clutter you have, the less space there is for buyers to see what your home has to offer. By decluttering your home, you’ll make it easier for potential buyers to envision themselves living in the space.
A good real estate agent can make the process of selling your home much easier and they can have the right advice straight away. In addition to making your home look more presentable, an agent can give you a leg up on the competition by recommending items that may increase the value of your home.
Improve Energy Efficiency
Investing in energy efficiency can make your home more comfortable and reduce your utility bill. And those homes do sell well.
Homebuyers today are looking for energy-efficient homes. Many are willing to pay more for a home with energy-efficient features. This trend is expected to continue as consumers become more environmentally conscious.
Some of the most common energy efficiency improvements include replacing appliances, insulation, and windows. They can be costly and may not be feasible for all homes.
However, they can pay for themselves in the long run. The average household saves $225 per year by switching to LED bulbs only.
The US Department of Energy provides a Home Energy Score, which measures the efficiency of your home. The score takes into account the size and age of your home, as well as its systems and appliances.
You can check your home’s energy score by entering your zip code in their tool. The score will show you your energy consumption and help you identify areas where you can improve.
The score also takes into consideration the climate, your home electronics, the lighting in your home, and structural integrity. It is on a scale of one to ten.
Finish The Basement
Finished basements are a great way to add value to your home. It’s never expected that the basement will be all neat and insulated. It just always comes as a surprise.
But basements are an inexpensive way to add extra space to your home, and a great way to enhance your living experience.
Adding a bathroom to your finished basement can increase the value of your home. However, it can be expensive. The cost can vary depending on the size of your finished basement and the materials you choose.
If you are going to finish your basement as a rental unit, you will need to obtain permission from the local zoning department. You may also need to meet fire code regulations. Some towns require that you have dedicated parking spaces for rental units.
If you are planning to remodel your basement as an income suite, you will also need to obtain approval from the local zoning department. Your new space may be used as an in-law suite, or as a suite for adult children. This can add substantial income to your home, or a home that you’ll sell, while also lightening your mortgage load.
Buy New Small Appliances
Buying new appliances can be a great way to increase the value of your home.
While it’s not going to recoup all of your costs, it may prove to be a wise investment. However, you should be aware of the common pitfalls. Some small appliances may be prone to damage from the elements like humidity, salinity, and more.
To avoid this, keep them in a temperature-controlled environment and store them in a closet or garage. You may even be able to buy a cart to increase storage space which also adds value in the buyer’s eyes.
When it comes to purchasing new appliances, research the product thoroughly. Some stores may have rebates or special offers.
You can also find hardware stores that will match the price of a multiple appliance purchase. You may even find salespeople who lower their prices at the end of the month.
It’s also a good idea to consult a real estate professional for advice. They can help you decide on the best home improvements to make. They will also be able to recommend the most efficient way to purchase your new appliances depending on your location and budget.
In addition to purchasing new small appliances, you should also consider improving the functionality of your existing ones.
Conclusion
Small improvements to your home bring great value to the home’s price . Simple things like painting the walls, updating appliances and fixtures, and refurbishing can have a huge impact on the home’s value.
Investing in small renovations also makes your home more attractive to potential buyers.
Another way to increase the value of your home is by making updates to the exterior. Installing new landscaping can create a beautiful and inviting atmosphere that appeals to buyers, while also increasing the value of your home. Adding a fresh coat of paint or replacing some siding can also make a big impact.