No one knows your home like you do. You see its flaws, charm, and room for improvement daily. Whether you are looking to increase the value of your home over time, sell in the near future, or simply for a new project, follow these steps to make your home stand out, and reap the potential financial benefits:
1. Start in the Kitchen
There are creative ways to refresh this high-use, high-traffic space without breaking the bank. Start with updating old appliances, applying fresh paint, and consider installing new countertops and cabinets. You can also make your kitchen stand out with a trendy or modern style backsplash. Consider reviving old flooring with newer tile or vinyl options, and simply upgrading the lighting in your kitchen can brighten up the room and increase your home’s value.
Eco-friendly tip: For more return on investment, consider installing a water filtration system in your kitchen to purify the water and lower grocery bills.
2. Host a Painting Party
This one seems obvious, but don’t underestimate the value of a new paint job—showcasing freshly painted rooms indicates that your house is updated and clean. Compare swatches, look into your favorite magazines, TV shows, or on Pinterest for some inspiration on what tones, color schemes, or textures would be appealing to a buyer. Pick up a few gallons of paint, some brushes, and tape, grab some friends, and get to painting!
3. Groom Your Bathrooms
For such a relatively small space in your home, much of our time is spent in the bathroom, and both appraisers and homebuyers are looking here for updates. Replacing old lighting and wallpaper, re-tiling the shower, and replacing faucets all translate to increased value.
Even something as small as adding framing to the mirror can make a big impression. The great thing is you can be as classic or as trendy as you want. This facelift won’t go unnoticed, and a little improvement goes a long way in this space.
4. Expand Your Living Space
When it comes to homes, bigger space leads to higher values. If you have the means, modify your floor plan to an open concept, or add square footage for a second bathroom or additional bedroom. Converting an attic or building a deck or a basement are also achievable options for adding living space and value.
Eco-friendly tip: Improve the air quality in your home and do some research on energy-efficient windows and flooring solutions. The money you spend on eco-friendly upgrades goes back into your home through increased value.
5. Let Them Fawn Over Your Lawn
Curb appeal is the deal, so don’t neglect the outside of your house. You can increase the value of your home by doing some basic landscaping such as planting trees, shrubs, and flowers, and making sure your grass is lush and green. If you can, hire a professional to make some recommendations or to help you beautify your lawn for future inhabitants.
Eco-friendly tip: Plant shade trees to cut cooling costs and pick plants that require less water and maintenance.
Increasing the value of your home means giving it the TLC that it needs and the upgrades that buyers want (and will pay more for). Accentuate your home’s best and most unique features and let the aesthetic speak for itself.
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