The idea of trying to improve the value of your home can be so overwhelming, especially if you watch television shows where the hosts are always doing big, grand projects.
But increasing your overall home value doesn’t need to be complicated or expensive. You don’t need to add another room or do a complete renovation. By following just a few simple steps, you can dramatically improve the worth of your home and attract potential buyers.
Even if you’re not planning on selling your home, these steps can significantly increase your quality of life.
Cleaning your home can have an exponential effect on its value to buyers. Few things turn a buyer off like a dirty house, while a clean house significantly attracts potential purchasers. Consider for a moment: if you had the choice between two identical houses, one clean and one cluttered, which would you pick?
Cleaning has several other specific advantages.
Starting with spending a small amount of money on the simple things could increase the value of your property quite significantly. You don’t always have to spend big to see a big difference.
The first, and perhaps simplest way to add value to your home is to simply freshen it up. It costs little to nothing and can have a dramatic effect.
How much curb appeal does your home have? Remember, the front of your home creates a potential buyer’s first impression. If your home looks dingy and overgrown from the curb, it can create a negative feeling in a potential buyer. Spending time sharpening up your curb appeal can significantly increase the overall value.
As estate agent Roger Voisinet says:
“People forget about their trees more than almost anything. It could really make a significant difference in the price. Nobody likes to spend money, but landscaping might even be the most important thing, even if owners have kept up the house.”
What are some simple ways to do this?
Here are some additional simple ways to improve your curb appeal:
The project with the greatest return is almost always going to be your kitchen. Because it’s the focus of so many family activities, few things matter more to potential buyers than the kitchen space.
There are some simple ways you can really improve the look of your kitchen without breaking the bank.
Perhaps more than anything else, the bathroom needs to have a new, clean feel to it. Few things turn a buyer’s stomach more than a dingy bathroom. By making a few simple upgrades, you can cause the value of your home to surge.
Open floor plans are all the rage these days. Taking out a few non-structural walls can give your home a feel of openness and space. This is a minor job that costs very little, but the payback in terms of home value can be significant.
Your goal should be to make the home feel less confined and tight. If there are narrow hallways, consider trying to open those up.
Adding light to your home immediately makes it feel more welcoming. There are numerous ways to do this, including:
A dark house feels cut off and dank. Letting in light immediately increases the overall value.
Make sure to stay away from harsh lighting, like overhead fluorescent lights.
Here are a few more tips for brightening up your home:
More and more, buyers want energy friendly housing solutions, such as solar panels, energy saving air conditioners, pellet stoves, and other money savers.
The installation of these items can represent huge savings for potential buyers. If they know they’re going to save thousands every year in energy costs, they’re more willing to spend up front on purchasing the house.
This is especially important for the future. If you hope to sell your home in five years, install green options now.
Floors are one of the first things people notice when they enter a house. If you’ve got orange carpeting, that’s where their eyes will go. There are some very simple ways to improve your floors and thus improve the value of your house.
Making these small improvements can bring back almost a 100% ROI.
Improving your home value doesn’t require months and spending thousands. You don’t need to be a home renovation expert or have your own reality television show. In fact, most of these home improvements are relatively small and can be done for a small amount of money.
Even if you don’t want to sell your home, there is value in making these changes. They can dramatically increase the beauty of your home and quality of life you experience.
It’s an oft-repeated cliché that home is where the heart is. If that’s true, isn’t it worth a bit of time and money to make that home as nice as possible?