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No matter if you’re looking to sell your home now or well into the future, there’s never a bad time to start thinking about ways to increase the value of your home. The more your home is worth, the more money you can expect to make when it’s time to sell. But, not every home project will give your home the boost it needs.
Here are 5 easy home updates that are not only affordable but also offer a high return on investment.
1. Mini Kitchen Makeover
No one wants to spend thousands of dollars on a new kitchen, only to then leave it behind for new owners to enjoy. But, having an updated kitchen is a must, especially if you’re looking to sell quickly. A modern kitchen that looks spacious and bright is very attractive to home buyers.
What’s even better is that you don’t have to spend tens of thousands of dollars to bring your old kitchen into the new century. There are all sorts of small projects that you can tackle to breathe new life into the area including:
- Resurface, restain, or paint the cabinets
- Install new cabinet hardware
- Replace the flooring
- Install new lighting fixtures
With a few small changes, your kitchen can have a fresh new look that will boost your home’s value.
2. Install Bay Windows
Everyone expects a home to have traditional paned windows, but wouldn’t it be nice if your home had a special flair to it? A great way to add a change that will reflect on the inside and outside of your home is having bay windows installed.
These windows allow more sunlight into your home, perfect for making a small space look larger. You’ll find most bay windows in living rooms, family rooms, and even sometimes in the kitchen.
With more natural light and added space, you can all but ensure that prospective buyers will fall in love with the view. A bay window adds a beautiful architectural touch that does much to make a room feel more spacious and inviting.
3. New Flooring
Over the years, chances are that your flooring has taken a beating, especially if you have kids, pets, or high traffic areas. Before selling your home, it’s important for it to look nice from top to bottom, flooring included. If your floors could use some TLC, definitely take on this project sooner rather than later.
When replacing your flooring, consider staying as neutral as possible. Colored carpet or tile flooring can make decorating more difficult for future owners. Stick with greys and beiges to give your home a clean slate that can be decorated using accent colors versus having to work around the color of the floor.
With new flooring, your home will look (and maybe even smell!) like a new home again. This is a huge value booster when it’s time to sell. Prospective home buyers will definitely appreciate a home that is spotless from top to bottom.
4. Bathroom Upgrades
A clean and fresh bathroom shows true pride of ownership. Before putting your home on the market, boost its value by working on a bathroom makeover. Remember, bathrooms are a private area, a “fortress of solitude” where owners relax and “let go” after a long day. You want the bathroom to be a clean and comfortable place.
To start, replace the sink vanity if it’s old. You may also make small upgrades like new lighting and hardware. If your budget allows, consider refinishing the bathtub and other fixtures to get rid of any stains and discoloration.
You may mow your grass and weed your gardens every-so-often, but when is the last time you put some serious elbow grease into your lawn? A huge value booster to your home is tackling the exterior. A well maintained lawn not only looks nice, it boosts the curb side appeal of your home. With proper landscaping, you can attract buyers from the moment they set sights on the house.
With landscaping, you don’t have to go all out. ensure your grass is cut and edged. Add a fresh layer of mulch to your gardens and plant colorful flower. If there’s room in your budget, consider adding a walkway.
Making the most of your outdoor area is a great way to increase your home’s value and appeal.
We all have an endless amount of updates and renovations that we’d like to make to our homes. But, if you’re looking to undergo projects that are worth the investment, be sure to keep these 5 options in mind. There’s nothing better than making your home look great while also improving its value!
What are some other home improvements that will add value to your home? Leave us a comment with your thoughts in the section below.