Your home is an investment and ideally, it will build equity as you pay off your mortgage and be worth more than you paid for it. It doesn’t have to cost tons of money to perform a few basic improvements or upgrade that can raise the value of your appraisal by thousands of dollars. If you’re thinking of selling your home soon or want to raise its value, here are seven basic ways to increase its appeal.
Make it spacious
Buyers don’t want clutter. They’re leaning towards open and airy spaces where rooms such as the kitchen and living room open to each other. Remove a dividing wall to expand your kitchen into your dining room or take out an inconveniently placed island. A moveable island may be an ideal option but isn’t necessary if the home provides adequate cupboard space.
Landscaping is often overlooked and shouldn’t be because it’s the first thing people see when they arrive on the property. Trim your trees, pull weeds and ensure that your home isn’t overflowing with foliage. Don’t overlook the hedges. You don’t want to remove everything, but putting some effort into your lawn has a high rate of return.
Make it bright
Buyers like to have lights that they can control. Dimmable lights allow people to adjust the brightness to a comfortable level for their activity. Bring a warm feel to emptier spaces by using soft lighting. If you want to go high-tech, installing “smart” outlets and light switches give you and any future owners ultimate control over the home’s lighting at all times.
Paint fades over time and gets dirty over time from dust, pet dander, smoke and other elements. Even scrubbing the walls can’t restore it to its original color, so it’s time to buy a few gallons of paint and re-do the house. Select neutral colors that will work with a variety of styles for future buyers. A hot pink room might have been ideal for your daughter, potential buyers probably have more basic taste and might not want to have to paint it to a more versatile shade. Don’t forget to replace the switch and outlet while you’re at it.
Examine the basic maintenance structures such as the furnace, air-conditioning system, plumbing and fixtures, the septic system and gutters. Many basic projects such as changing plumbing and cleaning out the gutters can be done with a few tutorial videos while hiring a company to service the furnace or examine the septic system gives potential buyers assurance that everything is in working order.
Focus on the kitchen
A dated kitchen can make or break a sale. The kitchen is one of the most important parts of the home for many families. Paint or stain the cabinets and consider replacing the backsplash behind your stove or kitchen sink. Update knobs, handles, and faucets to modern styles.
Replace the front door
You look at your front door every time you see your home and it has a bigger impact than you may think. Installing a door that is more up-to-date that fits with the color of the house increases its overall curb appeal.
Updating your home doesn’t need to be expensive. With some tutorials, hard work and time you can significantly increase the value of your home.