Simple, Low-Cost Ways You Can Increase Your Home’s Value
Home remodels and improvements are a fantastic way to give your space a makeover or create additional space. But will they improve your property value if you decide to sell your home one day? To answer that question, it is crucial to realize that different home improvements, and upgrades can have a different impact. While some will increase your home value, some will frustrate your efforts.
In this article, I will share three options that will positively impact your property resale value. But first, what are the factors to consider before embarking on a home renovation project? Read on.
What to Consider Before Renovation Works
The main factor to consider before a renovation project is the return on investment (ROI). It is a function of the following:
Local market characteristics
Current real estate market trends
Quality of work carried out
Cost and functionality
Projects That Offer the Best Value Under $40
Renovation projects with the best ROI and hence the highest resale value include:
Kitchens: Incorporating modern and chic decor in your kitchen is one sure way to significantly improve your home’s resale value, especially if it is an old home. For this you can add modern appliances or kitchen décor. Amazon’s Smiletag Ceramic Modern Farmhouse Vase set is only $34.99 and it will definitely enhance your kitchen’s appeal. These low-saturation beige and grey colors are a perfect way to highlight your kitchen’s simplicity while adding a sense of tranquility and comfort.
Bathrooms: Bathroom updates and décor is the second-best thing after kitchen decor that you can do to raise your property’s value. All you need to do is modernize older styles or enhance them. One of the ways this can be done is by adding shelves, changing door handles or cabinets, and adding a new bathroom mirror. Amazon’s Bathroom Shelves Over Toilet Wall Mounted Floating Shelves Farmhouse is perfect blend of functionality and individuality. These shelves are less than $30 dollars and they can completely change the look and feel of your bathroom.
Outdoor Spaces: Given that potential buyers will always see the outside of your home before getting inside, it helps to spruce up your home’s curb appeal if you want to make a statement. Landscaping, plants, succulents, and siding are an excellent place to start. On Amazon you can find some great options. The Live Mini Succulent Plants can offer a great start. Amazon has a pack of 20 succulents that can be individually planted all around the front yard or backyard. If you give these plants occasional water, plenty of sunlight, and lots of room to grow they will get bigger in no time. You can purchase the 20 pack for only $39.99. This is a great option if you are trying to save money.
As a homeowner, it is essential to consider the value you will receive from a home improvement project before embarking on it. However, when there is a need to choose between two equally essential changes, go through local real estate guides to determine the projects most likely to pay for themselves. It is also important to remember that spending more does not always mean greater value addition.