10 Ways To Add Value to Your Home – Without Breaking the Bank!

The prospect of adding value to your home can be intimidating: many homeowners’ minds jump straight to the expensive kitchen remodel or energy-efficient appliance upgrades. These projects can take months to complete and cost thousands! The truth is, increasing the value of your home doesn’t need to cost an arm and a leg. When you’re selling a home, the first thing you should do is imagine yourself in the buyer’s shoes. Your buyer could be anyone, so it’s important to make your space as appealing as possible to everyone! Sounds impossible, right? Wrong! These 10 do-it-yourself home improvements will make your home more appealing to potential buyers (no matter who they are!), add value to your home, and help you sell faster.

Clear out the clutter.
1. Wash the walls, give all of your metal fixtures and appliances a good polish, mop the hardwood floors, and have your carpets professionally cleaned so that your house is putting its best face forward. Turn your home into a blank canvas to build memories in!

2. Working on one room at a time, remove any unnecessary furniture (do you really need three tables and a bear-skin rug in the living room?) as well as personal items like photographs and books. Essentially, you want to remove all traces of yourself from the home and open up the space to new possibilities! Family photographs and personal hobby items can turn buyers away and make it difficult for them to imagine living there. If you think you might need some help, consider asking a realtor for advice on how to stage your home.

Colour is crucial.
3. A fresh coat of paint can make a world of difference, but you should paint selectively! There’s no need to redo the entire house. The trick is to identify your “problem rooms” and target them directly. You want to create a neutral, light space that will appeal to almost everyone. Bright paint colours are troublesome because, more often than not, your potential buyer won’t have the same colour preferences as you do. Plus, bold colours can be difficult and work-intensive to cover up. The same home with a neutral coat of paint will sell for a higher price and more quickly than it would with the purple bedroom or bright red bathroom, so this project is definitely worth the investment!

4. To add a splash of colour to your house while you’re showing it, opt for cut flowers and decorative accessories in solid colours. Avoid busy patterns or art on the walls – these types of decorations are highly personal and you risk putting off potential buyers.

Consider curb appeal.
5. Make a great first impression by taking special care of the outside of your home. Take a power washer to the entire exterior of the house – you’ll be surprised at the difference it makes! Consider landscaping options including potted plants to boost your outside appeal.

6. An often overlooked detail is the front door of your home: Is it worn out? Does it match the look of the rest of the house? Rather than replacing the entire door, try polishing the handle and swapping out the hinges for a fresh new look!

Update your fixtures.
7. Outdated, worn out, and discolored light switches and outlet covers can seriously age your home and decrease its perceived value. Replace them right before you show your home for a fresh, well taken care of look. This simple, inexpensive update will give your home a modern feel that is very attractive to potential buyers!

8. Breathe new life into your home by updating your light fixtures. Rather than attempting to redo the entire house (which can be pricey), focus on the areas that see the most traffic: the kitchen, and the bathrooms. Mix and match off-the-shelf light fixtures for a cool, modern result. Replace your lightbulbs with high-output, energy efficient versions to brighten up the whole house, literally.

Add storage sensibly.
9. Buyers love to see efficient storage in action. Simple storage solutions like a wire frame organizer inside a basic closet, or a spice rack on the kitchen wall, can make a big difference in value to the buyer.

10. Get creative. If you have a room without a closet, add a wardrobe and your den has suddenly become a possible guest bedroom or a nursery! If you have a crawlspace under your stairs, try turning it into a mini storage room with shelving. The possibilities are endless – every nook and cranny in your house is a potential storage space to investigate!

In all honesty, you don’t need to fork over a small fortune and spend months of your life improving your home to sell it for a great price. By identifying a few key areas for improvement, you can completely transform your home without breaking the bank! The time and effort put in to these small improvements can dramatically increase your bottom line, and help you find the right buyer quickly. So, what are you waiting for? Try one of these projects today!

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