As a homeowner, you may often wonder what can be done to increase the value of your home! Well, there are actually some inexpensive ways to do that! In this article, we are going to show you how to increase the value of your home without spending a lot of money.
1. Paint it!
Painting your house is one of the most cost-effective ways to improve your home and increase the value. Freshly painted rooms look clean and updated. Also painting the exterior helps you to create a good first impression. And that definitely adds value to your home. Keep in mind that people often prefer neutral colors. So, don’t pick anything too flashy or shiny. The average cost of painting the exterior of any house is around $2800. And the average cost to paint the interior of a house falls between $1.50 and $3.50 per square foot. If you’re doing the ceilings, walls, and trim, the cost per square foot will likely fall between $3 and $4. If you paint the home yourself, you’ll almost certainly spend less than you would if you hired professional painters.
2. Cut the energy costs
Get energy-efficient windows, install solar panels, upgrade your HVAC and make sure the insulation is working properly and not losing any heat or cold will help you to cut the energy costs and increase the value of the house. You can contact a local utility company for a free energy audit. They will show you how you can maximize the energy efficiency in your home. You can utilize the savings to upgrade your house to increase its value even more.
3. Make the front lawn attractive
Your front lawn is the first thing a buyer will notice. So, if you want to impress the buyer, you should create an attractive green landscape on the front lawn. Weeds and brown shrubbery will hurt the image of your house. So, it’s important that you take care of the landscape. Plant gorgeous flower trees. Fertilize & water those trees every day to maintain the image.
4. Change the front door
Change the front door of your house to something cool and welcoming. This small change will increase the overall appeal of your house. If you can’t replace the door, then paint it! It will give your door a new and fresh welcoming look.
5. Light it up
A study conducted by National homebuilders found that 41% homebuyers think that outdoor lighting is an essential feature of any house. So, if you are thinking about selling your house or increasing the value of it then try adding some cool lightings outside your house. It will boost the value of your house.
6. Replace the doorknobs
When you put your house in the market, every little detail matters. One little detail that usually goes unnoticed is the doorknobs. By replacing the doorknobs you can show the potential buyer or a tenant that how serious you are about your house. And these little changes can result in an increased value of your house. When replacing the doorknobs make sure you replace the kitchen cabinet door knobs too! This will save you time and money.
7. Create multiple sitting areas
Add some shades, a round table, and some chairs! Viola, you have your second dining room outside of your house. The ideal spot for this sitting arrangement is your terrace. If you don’t have a terrace, then you can use the front lawn to make one. This arrangement will definitely increase the value of your house.
8. Add a swing outside of your house
Girls, women, and children really love the swing! You can DIY a swing with some poles, ropes, plywood, or old rubber tires. A simple swing feature can increase the likeability of your house which will increase the value of your house as well.
These are just some simple ideas that can increase the net worth of your house. If you are in the market for selling your house make sure you repair the electrical wiring, your roof, attic, plumbing, and other essential stuff. If these essential features area faulty then adding multiple sitting place swing, paint won’t do any good. If you need any professional help let us know about it.