Purchasing a home isn’t only a significant life achievement but a good investment for your financial future. Like any other investment, you would want to ensure your home makes a great return. You can quickly increase your home value by making various changes and upgrades, resulting in significant returns. However, the increase in home renovation costs may make you reluctant to carry out various value-adding projects. Here are five inexpensive ways to increase your home’s value before selling.
1 Enhance your kitchen
The kitchen is a common family area that most buyers are interested in. Therefore, to add value to your home, your kitchen is a great place to start. Although a complete kitchen remodelling project may be ideal, it is quite expensive. Fortunately, there are various minor changes you can make around your kitchen that could make a major impact. You should consider putting on a new coat of paint, repairing, or replacing worn-out cabinets. You can also consider replacing broken handles and knobs or improving your surfaces. Likewise, you can change your shelf liners or drawers, add a rug, improve your furniture or replace your leaky faucets. These minor adjustments can make your kitchen feel more comfortable, organised, and uplifted to improve your overall home value.
2 Light up the home
The old light switches and outlets can make your home look outmoded. You can easily change this by upgrading your lights. You can consider installing dimmer switches to help create a modern ambience. You should consider implementing more eco-friendly lighting options and replacing old incandescent lights with LED bulbs. However, be sure to ensure that your current electrical wiring can handle your various lighting solutions.
3 Reduce your energy costs
While the amount of money you spend on your monthly electricity bill may seem like a constant amount, many local utility companies offer free energy audits of customer homes. They provide insights on how you can maximise the energy efficiency of your home. An energy-efficient home saves money and can be applied to other home updates. This makes your home more valuable and marketable in the long run.
4 Power wash your home
Power washing your home can transform your bland exterior into a lively, beautiful space. Power washing your decks, sidewalks, exterior siding and driveways can improve your overall curb appeal by blasting away debris, dirt and heavy soils from the surfaces. Fortunately, it wouldn’t cost you so much to get one from the local hardware store. You can also consider renting the power washer if it seems too much for your pocket.
5 Hire professional services
Hiring a professional doesn’t sound like an inexpensive decision, but it is! Professionals are equipped with the knowledge needed to add value to your home, from interior designers to realtors. Although you may have to pay for their services, they would provide results that would only help your home in the long run. In addition, it would be more expensive to handle avoidable mistakes made by professionals such as yourself. Therefore, you should consider hiring various professional services such as JR & Co (https://jrcousa.com/tenant-finish/) to improve your home and increase its value.