Whether you’re looking to sell your house or want to increase its value for yourself and your family, many projects add value to a home. Here are a few popular and practical upgrades to help boost property value and earn a good return on investment.
Painting the Home will Add Value
A fresh coat of paint is one of the quickest and easiest ways to boost property value. You might choose to paint the exterior or interior, but both will make a big difference in aesthetic appeal. Fresh paint makes the home look new and well-maintained. If you’re planning to sell, choose neutral colors that appeal to most people so potential buyers will be more likely to appreciate what they see.
Update the Hardware
Outdated hardware may not seem like a big deal, but it can drastically impact any space’s look and feel. Replace old hardware and components of your home. Features like outdated ceiling fans, door knobs, outlet covers, drawer pulls, and light switch plates can make a room look old and drab. Choose new or modern pieces for an easy update that won’t break the bank.
Add Value to a Home: Improve the Landscaping
An attractive landscape design can boost curb appeal and attract prospective buyers’ attention. Planting flowers and shrubs around the perimeter of your property is an affordable way to improve the home’s exterior. Remove dead or dying plants, keep the grass mowed, and add fresh mulch to the flower beds.
Installing additional insulation is one of those projects that doesn’t seem very glamorous but leads to substantial energy savings over time. Many homeowners can recoup up to 100% of their insulation costs through energy savings alone. This project will save you money as long as you live in the home and add value when it comes time to sell. Potential homebuyers will appreciate a well-insulated house because they know they will save on energy bills.
Install Hardwood Flooring
Timeless and classic hardwood floors are popular among homeowners, renters, and real estate investors. Not only will they give your space an updated and polished look, but they will also increase the overall value of your property when it comes time to sell.
Hardwood flooring is easy to maintain and highly durable. With proper care, these floors last decades without showing signs of wear and tear. Additionally, the natural aesthetic of hardwood flooring makes it an excellent foundation for almost any interior design style, from modern to vintage chic.
When it comes time to sell your home, these projects will help you get maximum return on investment while delighting potential buyers with high-quality renovations. From painting the house, updating hardware, landscaping outside, and adding insulation – these simple tasks are guaranteed ways to add value without spending too much up front.