How to Add Value to Your Home
Buying a home is both a financial and emotional investment. One that requires you to put a large sum of money into your property, with the hope of one day seeing a return on your home. Here are some key tips you can use if you are on a budget and want to increase your home value.
Kitchen is Key!
The kitchen is arguably one of the most important features of a home. It is where owners spend most of their time. A well designed Kitchen can add a tremendous amount of value to your investment. Here are multiple affordable ways to do this.
Start updating your kitchen by replacing old appliances with new stainless steel versions. Stainless steel is a star product because it makes a kitchen look sleek and modern
Adding a Stone Countertop
Well worth the price, stone countertops are one of the best ways to beautify a kitchen. Here are the 3 main types of stone countertops: Granite, Quartz, and Marble. Each stone has its own benefits, and can achieve a bump in sales by 7%. Here are some pros to each one.
- Granite: Least expensive stone of the 3, 100% Natural Stone, Durable, Heat Resistant, Low Maintenance, Endless options of Color Ways.
- Quartz: Moderately Expensive, Customizeable, Environmentally Friendly, Durable, and Non-Porous.
- Marble: The more expensive of the 3, 100% Natural Stone, Heat Resistant, and not to mention Elegant & Classic.
Don’t Underestimate a Little Paint!
Painting your home is an affordable way to add value. Freshly painted rooms help a home look clean and updated. Using high quality paints such as Sherwin Williams, Dunn Edwards, and Kelly-Moore for example, help generate revenue. Neutral tones help create the illusion of a larger, brighter space. If done right, painting can boost sales by 2%. A gallon of paint can run between $15-$30, so grab your brushes and rollers and start painting!
Find Your Fixture
Give your rooms a facelift by replacing old, worn-out fixtures, with new updated ones. If you are not looking to do a full remodel, changing a light fixture can add character to a space. As a fun DIY, replace old knobs and handles with sleek, modern ones. This can completely change the look and feel of a room. To add additional value, complete bathrooms with cohesive bathroom accessories such as towel bars and bathroom hardware.
By investing a few dollars into curb appeal, you can increase your home’s value by 12%!
Low-cost landscaping is a great way to decrease maintenance costs. Planting succulents have several benefits, but the most important is that they are drought-resistant. This will result in saved water costs. Another way to save lawn fees is to install artificial turf. Turf is an investment that can last up to 25 years without needing to be maintained. Turf can also increase the value of your home by 3-5%.
Upgrade Your Door
The front door is the first thing a guest will see when approaching a home. For a minimal cost, use a fresh coat of paint to add color to your home. If your door has gaps, consider buying a replacement that is wider and thicker.