If you plan to sell your home, you are probably looking for ways to increase the value to gain more on a sale. If your goal is ‘the more money I can make from selling my home, the better,’ you need to ready your house with several things.
As much as you may be hesitant to perform some much-needed upgrades due to the cost, it is one of the best and quickest ways to up the value and price of any home. Fortunately, there are options of upgrade you can make to any home for sale without harming your savings. Below are ten cheap upgrades to increase the value of your home in no time.
Give a new look with a paint job
You will be surprised how effective a fresh coat of paint can give a room a brand new look. This is a simple, fast, and inexpensive way to boost the value of your home. But don’t get crazy while choosing paint colors; an important tip is to stick to neutral shades, which will appeal to a greater number of customers.
A Zillow study found out that it is best to stay away from colors like dark brown and terracotta, which can decrease your home’s value.
The kitchen, when upgraded, is a chance to increase your home’s value when selling. If full kitchen remodels are too expensive, an alternative is to spruce up or replace a few materials. A good spot to commence from will be the appliances.
Mismatched or clashing appliances are a problem, so buy appliances with colors that complement one another. If you are remodeling with a strict budget, don’t try to buy new appliances that match each other just use your old appliances to create a strong focal point as some designers do.
When putting your house on the real estate market, one detail that often goes unnoticed is doorknobs. You can add a bit of newness by replacing old door knobs and knobs on kitchen cabinets.
The best part of this option is how little it costs. According to a home, renovation expert Consider the era of the house before buying or installing accessories. You may be a lover of wrought iron or Tuscan look, but the question to ask is, will that style fit your home?
Curb appeal matters when showing your home to potential customers. Weeds and brown shrubberies will not look attractive to potential customers. Due to cost, you may be hesitant to spruce up your landscape.
But this small upgrade does not have to break the bank. Instead of hiring an expensive landscaping company, do it yourself by purchasing new plants and placing them around your home. Attractive landscaping can add up to 28% to your home’s overall value.
Buy energy-efficient home features
Homebuyers today tend to place a greater emphasis on energy-efficient and eco-friendly features. It is because this helps to solve environmental issues and also to save utility bills.
If before the sale you are upgrading your home appliances ranging from microwaves to furnaces, seek out energy-efficient equipment that can help lower the cost of gas and electricity. You should consider upgrading to a smart thermostat that improves energy efficiency. This can save money monthly on electricity bills.
Increase overall square footage
If your home has an incomplete basement or other unfinished rooms, building out these spaces can be a cheap way to boost the value of your home. You can build a bedroom in an unfinished space.
For example, you can add more than 150 square feet to your home’s footprint, thereby increasing the overall value of your home. Most homes are priced by multiplying the square footage by a comparable rate for the type of home it is, so increase the size of your home to boost your home’s value.
Install or refinish hardwood floors
A beautiful hardwood floor can last for decades. Aside from adding a nice dècor, this can stand abuse from kids, pets, and foot traffic. Excluding the fact that it is easy to clean and durable- and loved by today’s home buyers- a hardwood floor will need a proper cleaning before you can hang a for sale sign.
Refinishing hardwood floors brings back 100 percent of the cost when it is time for a home sale.
Make it low-maintenance
Many home buyers fear buying a home that requires constant maintenance and fixing broken appliances due to the cost. By replacing a major or important component before putting your home up for sale on the market – like the furnace, water heaters, or even the roof- a buyer will be less scared to buy, knowing that there will be no emergency repairs in the future.
In turn, this will fetch a higher price in the market.
Safety enhancing gadgets top the list of what smart technology buyers want in their homes. These safe and smart gadgets include thermostats, fire detectors, carbon monoxide detectors, security cameras, door locks.
While smart gadgets do not always add value to a home, they add appeal, and people who see themselves as “techies” may pay more for them.
Crown molding makes it to this list of remodeling options because it adds charm and value to a home. Trimroc molding is a lightweight polystyrene foam coated in hard plaster, and it cuts smoothly with a hand saw, and in just a day, you can decorate your home.
The cost of calling a professional to do this is low, and you can always DIY. The main role of crown molding is the charm and modern look it gives to every home, particularly since it is the latest ceiling finishing in the interior décor industry.
Cheap Upgrades for a Valuable Home – Conclusion
There are many options one can use to increase the value of their home without spending above their budget. Some of these budget-friendly ways of giving a home the facelift it deserves can be done within a short time and by readily available professionals.
By noting the ideas discussed, you can say goodbye to expensive home upgrades and hello to more money on your house sale.
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