Purchasing a home has great potential value, but reselling it for gains is where the true strategy lies. A profitable home sale begins with understanding how to add value to your home. So far this year, 2021 has offered an amazing opportunity for real estate investors but you might end up not making profits if you spend more money than usual trying to remodel your home.
This guide is carefully curated to equip you with quick tips on low-cost home improvements that add value.
How Can I Increase the Value of My Home Cheaply?
If you are making plans to sell your home, you will most likely be looking for inexpensive ways to increase your home’s value. Your ability to optimize home improvements to increase value while taking into consideration the cost involved will help you save and increase your profits.
You don’t need to overhaul the whole house to achieve a perfect home remodel. The truth is, no matter how good you remodel a home; buyers will add or remove features that they feel meet or do not meet their standards.
DIY Projects to Increase Your Home Value.
Get a Bucket of Paint
Painting keeps taking a top spot on the list of home improvements that increase value. A touch of paint on your home gives it a new look, making it appealing for potential buyers.
You don’t need to turn the process of painting your home into an artistic work. Just go with basic colors or neutral shades.
Be sure to choose the right paint for your home. You should choose paints that hide the flaws of the home by bringing out the beauty. Semi-gloss paint, matte, satin, and eggshell paints are great paints that will meet your cost-saving budget.
Handle the Basics
Look out for damaged floors, and outdated appliances, upgrade and repair them. Homebuyers are attracted to homes with furnished floors, stain-free appliances, fixed windows, doors, and ceilings.
Remodel the Kitchen
You don’t need to break the bank to remodel a kitchen. All you need to do is to observe areas that need touch ups and replacements and swap them with better ones. In the kitchen, a little goes a long way and could help increase your home’s value.
Scrub the floors
A dirty home is never a good impression on a potential buyer. You want to let the buyer imagine themselves living in your home, this means making sure everything is spotless and looking good. Oftentimes hiring a company for a deep clean is a great option before putting your house on the market.
Fix the Landscaping
A well maintained yard and front landscaping is an attractive selling point. Shrubs, beautiful plants and flowers can help upgrade the landscape of the home. Adding a few plants or trimming already existing shrubbery is a must to help increase your home’s value.
Light Up the Home
Something as simple as updating the light fixtures and making use of energy-saving options can help add value to your home at a low cost. Browse the lighting section at your local hardware store, Home Depot or Lowes for inexpensive, modern lighting options.
Fix All Holes and Imperfections
Take a walk around your house and mark down any holes in walls, dents, chips in the floor, etc. You can mark these off with painters tape and come back to them over the course of a few weeks. Using spackle, cover any holes or dents in the wall. For hardwood floor imperfections you can purchase a stain pen to hide any small floor imperfections.
You don’t need to have an expensive budget to increase the value of your home. You just need a little bit of dedication and hard work. These seven inexpensive DIY projects can help increase your home’s value before you put it up for sale.
If you have any questions or want a free home evaluation, feel free to contact me today!