In order to increase your property value, it’s important to pay attention to the desires of prospective buyers when doing home improvements in your home. However, bringing your home up to date needn’t cost you an arm and a leg.
In fact, it’ll generally cost you an afternoon and less than $1,000 to create the look buyers and appraisers fawn over.
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Try these inexpensive home improvements that are sure to increase its value and aesthetic appeal:
5 Inexpensive Home Improvements to Instantly Increase Your Property Value
1. Crown Molding
Rather than spending hundreds of dollars on having luxurious crown molding installed, you can create the look yourself by using inexpensive faux techniques!
With this home improvements tip, you use a nail gun, and nail decorative molding to the top of the wall adjacent to the ceiling. Four inches below this molding, nail another stripe of this decorative molding throughout the room. Then, simply paint the blank 4-inch area with white paint.
2. Hardwood flooring
Hardwood flooring gives your house a rustic yet luxurious feel. Nevertheless, it is generally an extremely costly endeavour, often costing more than $4 per square foot.
However, bamboo flooring is surprisingly inexpensive, costing as little as $1.79 per square foot.
For a 1,500 sq. ft. home, the cost of purchasing bamboo flooring for the price mentioned above would be approximately $2,700.
However, keep in mind that it generally isn’t recommended to lay hardwood in bathrooms and kitchens. Therefore, omitting these rooms would result in an even lower cost.
Many homes have hardwood flooring only in the entryway, living room and dining room. The kitchen and bathrooms are generally tiled, and the bedrooms and upstairs hallway are carpeted.
Having hardwood flooring in some parts of the house is a compromise which will help upgrade and increase the value of your house immediately. One of the most useful home improvements tips out there.
Your home’s curb appeal will set the tone for how a buyer will feel before even entering your home. If your landscaping is lacking and the siding of your home is dingy, they won’t expect much of the interior.
First impressions go a long way.
Sprucing up the exterior of your house can immediately increase its value. Rent a power washer to deeply clean your home’s siding, deck, driveway and entryway.
Renting a power washer can cost as little as $70, but it can increase your home’s curb appeal exponentially.
Planting flowers and plants on both sides of your porch to flank your entryway is a nice way to say “welcome home” to buyers (and the appraiser).
To save money, purchase plants and flowers that are in season. You can also plant flowers as bulbs to save a few dollars, though the effects will not be instantaneous.
Exterior shutters add traditional charm to your home. The best part is that you can purchase shutters for cheap on some online home improvement stores.
Also, if you are looking for a way to spruce up your patio on budget, this article will help.
Alternatively, if you want to know 10 easy herbs to grow that can add life to your garden, read this.
4. Add A Backsplash
A backsplash is to the kitchen what eyebrows are to the face – it frames the room. A backsplash are tiles on the walls in the kitchen.
By simply adding a backsplash to the bare space between your countertops and cabinets, you can transform your kitchen from blah to ta-da!
While kitchen backsplashes are generally a high-cost project, you can minimize this expense by using a low-cost tile for the majority of the backsplash and placing a stripe or pattern of luxurious coordinating tiles throughout.
Out-of-the box creativity can often pay off nicely when doing your home improvements on a budget.
5. Upgrade A Bathroom.
A bathroom upgrade needn’t cost $10,000 in order to look beautiful. Rather than adding a new garden tub or replacing a vanity, make small upgrades in order to achieve an equally impressive impact.
Frame your builder-grade mirror by using a cheap mirror framing kit like these.
You can also:
- Add new hardware for your vanity for less than $25.
- Paint an outdated vanity for less than $25 and paint over tired laminate with a $50 faux-granite countertop paint kit.
- Remember to apply a fresh coat of neutral paint to the walls.
In total, your bathroom upgrade can cost approximately $200. Now, that’s a big bang for your buck!
As a homeowner, it’s your responsibility to ensure that your home is up to date to routinely increase your home’s property value.
In reality, your home is only worth as much as a buyer is willing to pay for it.
Therefore, it only makes sense to upgrade your home with the trimmings you know are sound investments because they’re highly requested features by buyers.