Whether
you’re considering selling your home in the short term or you just want
to enhance its value for your own enjoyment, there are many ways to add
to the value of your home. Some can be quite expensive, but others can
be done with limited funds as long as you’ve got the time and talent.
Curb Appeal
The
inside of your house might be stunning, but if your yard and grounds
are looking a bit shabby, potential buyers will drive right past your
house. Worse yet, coming home every day to a “meh” exterior is
depressing. Fixing up the grounds is a relatively inexpensive way to
add value to your home for resale and it’s a great morale boost for you
as well.
Trees and Shrubs
Do
you have overgrown shrubbery in your front yard? Trim and shape it so
it looks groomed and maintained. If it is completely obscuring the front
of your house, you might want to dig it out and replace it with some
low ground cover. Not only will this give your house an instant
facelift, but it will also remove a potential hiding place for burglars
as well as critters.
Flower Gardens
Every
spring, home improvement stores are packed to the gills with homeowners
buying pretty flowers to plant around the front of their homes. By
summer, however, many of those same homeowners have forgotten all about
the maintenance of their gardens. Leggy, rangy flowers start to spill
over into the lawn and look scraggly. Weeds run rampant, and what
started out as a pretty landscape is now a hot mess. It costs exactly
zero dollars to get out there and pull up those weeds, cut back the
overgrown plants, snip off the spent flowers to allow for new blooms and
generally clean things up.
Interior Upgrades
Fixing
up the inside of the house is much more expensive than working on the
outside, but it can be a great way to significantly increase your home’s
value. If you’re just looking for a sprucing up, pick any room you’d
like or whichever room’s updating will fit your budget. If you’re
preparing to sell, kitchens and bathrooms (which are the most expensive
updates) will have the greatest impact on the value of your home. A
beautiful kitchen or a luxurious master bathroom will be remembered by
any potential buyer who tours your home. Be forewarned, a bathroom
remodel can set you back 10% of your home’s value and a kitchen can be
twice as costly. Of course, you’ll recoup most if not all of that in
increased resale value, particularly if the existing room is outdated or
in need of repair.
Exterior Cleaning
The
front of your house gets dirty. Cobwebs, bird droppings, tree sap,
leaves, dirt, and debris all attach themselves to the exterior of your
house. Get out your garden hose and give the whole house a good dousing.
You’ll be surprised at how much better it looks. If your house is
brick, you may want to rent a pressure washer.
Bathroom Update
If
you can’t do the entire room, an updated bathtub or shower enclosure
will give you the most bang for your buck. If your shower door is
clouded with hard water stains or your tile grout is looking a bit
sorry, it makes the whole room look sad. There are many options for bath
or shower replacement.
Companies
like Bath Fitter can come in and put a new tub or shower right over
your existing unit. This is inexpensive and quick, but there are
drawbacks. Since you’re keeping your current enclosure but hiding it
under a new facade, if there is mold or mildew under there, or if the
drywall underneath the enclosure is wet, moldy, or damaged, that damage
isn’t being taken out. It’ll still be there, lurking in the background.
Most
of the “big box” home improvement stores such as Lowe’s and Home Depot
sell tubs and showers and can recommend an installer. The installer will
remove the old unit, repair or replace any damaged drywall and install
the new enclosure in a couple of days.
The
biggest impact would come from replacing cabinets since that is the
first thing you see when you walk into the room. Of course, this is also
the most expensive single item. If you plan to do just this one
element of the room, remember that the installation cost is going to be
about the same whether you buy an inexpensive product or something that
costs more. You’re probably only going to do this once, and it is a huge
piece of the value of your home, so don’t skimp here. Buy nice
cabinetry.
If
you can do it, replacing countertop and backsplash would be a good
investment. If your appliances are in good shape, there’s no need to
replace them just for the sake of replacing them, but if they’re on
their last legs, replace them with something that matches your new look.
Getting
ready in a shiny new bathroom, coming home to a pretty exterior and
cooking dinner in a brand new, fresh kitchen will elevate your mood and
give you a new application for the home you're in, and it'll give
potential buyers a new appreciation for the property as well
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