5 Home Improvement Tips That Will Increase The Value Of Your House
Last Updated on September 16, 2019
Your home is probably one of the most significant investments you can make. So, how do you know if you’re getting the right home improvement tips that actually take care of that investment?
Choosing to upgrade your home is a wise decision; however, you want to make sure that you the most money back for those renovations.
So how do you know where to start?
5 Home Improvement Tips (That Can Make You Money)
Deciding which home improvement upgrades to start with can be a bit tricky. You don’t have an unlimited bank account, but at the same time, you want to ensure that if and when you decide to make a move, have made the right choices.
So, you may want to plan out which one of the home improvement tips are the most affordable. Keep in mind to plan according to how close you are to putting your house on the market.
1. Refresh Your Kitchen
Let’s start with easy updates you can make in your kitchen. Top on the list for potential buyers is the kitchen. So how do you update it without spending thousands of dollars in a huge re-model?
Here are a couple of our recommendations:
A Little Paint Goes a Long Way
Paint is the most cost-effective way to impress your potential buyers. So naturally, that’s where we recommend starting.
A little colour can go a long way if you are looking to stand out from the classic white cabinetry. However, we do recommend staying with neutral tones.
Most buyers aren’t looking for a turn-key home, so keep it simple, and avoid dark colours.
Classic & Modern Appliances
The best thing to keep in mind when updating your kitchen is to purchase appliances that are up to date but classic at the same time.
Getting lost in trends could be a mistake because you only make an appliance purchase once every 3-5 years if not longer.
So look for stainless steel, it looks sleek and is a considerably timeless trend.
Another quick tip to updating your kitchen is to upgrade both the sink and the faucet unit.
Your fixtures will range in cost, however, the details of the new fixtures will make your kitchen standout.
2. Bathroom Details Matter
Here is a real home improvement tip for you: The kitchen may be the heart of your home, but your bathroom is just as important for potential buyers.
If you are looking for an upgrade that will pay you back your bathroom is it. Most sellers recoup around 3/4 of their project costs.
Keep it Neutral
We understand that adding your personal touches are important to you but keep your palet neutral.
Make sure that when potential buyers are touring your home that they can envision themselves in your space. You can always add your style with accessories but don’t paint the walls a dark colour.
New buyers may interpret this as more work, making them less inclined to put in an offer. Clean and simple is the trick!
Updating the vanity mirror, medicine cabinet, and adding modern light fixtures are easy ways to update the look of your bathroom.
Medicine cabinets will be attractive to buyers who want a beautiful space but need storage room. You can also replace worn fixtures with new and modern designs.You can also update your bathroom with new hooks, chrome knobs or nickel finishes.
The best news for all the above tips is that these updates hardly make a dent in your timeline or budget.
3. Fresh Start with New Floors
A poor quality, outdated flooring will leave a lasting impression.
While brand new hardwood floors is a more substantial investment, it can also increase the listing price by 2.5%.
Hardwood flooring adds a classic, timeless look to any home and is probably one of the best investments you can make with a return of 70% – 80%.
If you’re looking to update your flooring, but are seeking a more affordable option, try high-quality vinyl. This can still make your home feel luxurious at a fraction of the cost.
4. Outdoor Oasis
When potential buyers are looking at a house, they are also looking for an outdoor living area.
One of the least expensive items on our list is the creation of a private outdoor oasis. Adding elements like a seasonal area rug, to a one-of-a-kind fireplace, are simple changes that will make all the difference.
If your backyard budget is tight, and you still want to update your outdoor space, consider adding outdoor cushions or growing a beautiful organic privacy screen around the patio.
5. New Doors to Make an Impact
One of the top projects, earning you up to an incredible 97% of your money back, is replacing the garage door.
A not so obvious choice, but it’s an update that essentially pays for itself.
A new garage door will improve your curb appeal, and increase the number of potential buyers interested in touring your home.
Other curb appeal updates could include adding new home numbers, seasonal planters, and even a clean welcome mat. These minor updated can set the tone for the interior of your home.
Rest Easy Resale
Updating your home can be a fun project, we recommend continually maintaining your investment. This way, if and when it’s time to sell, you’re already ahead of the game.
For more expert advice on how to prepare your home to be sold, contact an easy Home Realty agent today.