Are you looking to increase the resale value of your home? If so, you don’t need a major renovation to do so. Just a few simple tweaks can help ensure that your home is increasing in value.
Whether you’re looking to sell, or simply wishing to make subtle changes that will increase the value of your home, here are several easy changes you can make that can make a surprising difference in the value of your home.
Start with a Deep Clean
A deep cleaning is one of the cheapest and easiest ways to increase the value of your home. It takes some elbow grease, but it pays off in the end! In fact, taking the time to declutter and deep clean your home can boost home value from 3-5%. Research shows that on average, homeowners experience price gains of $1,728 added to the overall home value after decluttering and a professional deep cleaning.
Dusting, vacuuming, polishing floors, and scrubbing bathrooms can go a long way in making your house look and feel like new again. Just be sure you are prepared and know what to expect before hiring an additional service.
Pay Attention to Smaller Details
Oftentimes, when people are imagining making upgrades to their home, they’re thinking big picture, costly upgrades. But a lot of value can be gained from paying attention to the finer details. If this sounds like you, you might consider making the following upgrades:
Add a Fresh Coat of Paint
A freshly painted home looks clean and inviting. If you have worn out paint on walls or trim, this is a natural first upgrade to make. Adding a fresh coat of paint adds value by making the home look more attractive and up-to-date. Just be sure to choose a neutral color palette that will appeal to potential buyers.
Adjust Lighting
The right combination of lighting fixtures can really open up a room and make it look much larger than it is—which is great when trying to increase resale value! Consider installing brighter light bulbs or changing out light fixtures altogether if they are dated or too dim for modern tastes.
Refinish Kitchen, Bathroom, and Storage Fixtures
Sometimes the little baubles can make all the difference. By updating your cabinets, updating your decorative hardware, or replacing faucets/dingy hardware, you might attract new buyers to your property with fairly little financial impact.
Patch Up Your Walls
From fixing up your crown molding, to patching holes in the walls, paying attention to these smaller details can help increase the value of your home with very little financial impact or investment on your part.
Pay Attention to the Outside
Nothing says “welcome home” like great curb appeal! By taking the time to pay attention to some of the finer details of what your home has to offer on the outside, you can drastically improve the resale value of your home.
Take the time to add some potted plants near your front door, power wash the driveway, wipe down your window sills, install and maintain your gutters, and ensure that your lawn is well taken care of throughout the year. For better or for worse, people judge a book by its cover, and taking care of the outside of your home is one way to impress.
You may also want to look at things like landscaping to help increase the curb appeal of your home. You’ll want to make sure that you’ve got an array of flowers, shrubs, trees and grasses to bring diversity to your front yard. Try to find colors that go well with the color of your home and that will really make your yard pop out amongst the other houses on your street.
Get Energy Efficient
If you’re looking for more expensive upgrades that will still add significant value to your home, consider investing in energy efficient appliances such as refrigerators, washers/dryers, air conditioners, and thermostats, which will reduce energy costs over time while adding value at resale time as well.
If you really want to go all out, you might consider investing in solar panels or other green trends. Since many states offer subsidies and tax credits for investing in green technology, you might be saving more money than you think–all the while adding to the value of your home over time.
Some people don’t like the aesthetics of solar panels on their homes but solar panels have gotten more and more discreet over the years, so if you haven’t looked into it recently, it may be a good time to revisit.
There are many small steps you can take to improve the value of your home without spending too much money or investing too much time into renovations! With these seven tips in mind, you’ll be well on your way towards increasing its worth before you know it – so get started today!