Hello, Dinks. Do you own your home? Have you thought about selling it? Before you sell it, you should take some time to do these seven things to boost your home value. These improvements could potentially make you thousands more.
Lighting
Lighting can have a significant impact on its value. Not too many people want to live in a place that is dark most of the time. Houses that are brightly lit tend to be more valuable. If your home doesn’t have the best lighting right now, visit Lowe’s or Home Depot. They should have several fixtures for you to choose from.
Refinish Cabinets
Are your cabinets starting to show some age? Is the paint starting to chip a little? If the answer is yes, try applying a new layer of finish on them. That may give your kitchen a new look that a lot of people will like. This can be done for under $100.
Repaint your home
Repainting your home can make it look brand new again. Painting is very cost effective. On average, a gallon of paint costs about $26. If the paint in the exterior or interior is starting to show age, it’s time to repaint it. When selling your home you want the first impression to be a good one.
Work on one room at a time
I know you’re ready to start getting your home in order, but you can’t work in every area at the same time. You have to focus on one room at a time. Decide which room you want to do, then map out a plan. Working on one room at a time will also help you see quicker results.
Change carpet
If you have old carpet in your home, it could be hiding allergens. You want to fix that ASAP. You could add a better, environment-friendly carpet or you can go the hard surface route. That could give your home an updated look. Hard surface floors are also much easier to clean.
Upgrade your bathroom
A bathroom upgrade can be huge. Bathrooms are one of the most important rooms in the house. You may not be able to afford a full remodel, but you can replace old wallpaper and chipped tiles. There are a lot of stores where you can find those supplies for a decent price.
Curb appeal
Have you ever wondered how your home looks from the front of the house? Take a few minutes and go outside and survey the area. Is the driveway clean? Is the grass cut? Are there weeds growing everywhere? Those are a few things that you should ask yourself. If you see any of those problems, I’m sure potential buyers will see them as well. You should take some time to fix those problem areas up. It could mean making a few extra thousand bucks once you sell the house.
Those were a just a few ways that you can boost your home value.
How else can you boost the value of your home?
My best friend is looking at buying a house right now and I’m so surprised at how often she writes off a house because it’s got some crazy color paint on the interior walls. Just paint it! And try to negotiate a lower price because you have to paint it!
Yep! Curb appeal, interior paint, and flooring for the win! When we go to sell, we’ll make sure we have live, colorful perennials planted outside and the lawn mowed and edged ($100 of soil and flowers), the houses will be power-washed (we own a $80 power-washer), we are going to make the floors either look like new or actually be new (have the grout in the tile scrubbed, replace old carpet, clean the wood laminate to a shine, etc. for $1500-$4000), and we’ll paint all of the interior walls with a fresh coat or two of something neutral ($500 in paint and supplies). If we pay to have all of that done, we’re looking at $2000-$5000 per house, but it increases the value by $15,000+ in this area.
Also, remember that if you’re in a particularly hot market, people will overlook practically anything. I’m house hunting in Toronto right now and in detached homes in the city proper we have to be looking at something like moving a bathroom or renovating the kitchen to move the needle on bidding price.
It’s sad but for houses that own the land under them we’re not seeing much if any premium for renovated homes.