Owning a house is probably the most important investment you can make, and you want to do everything you can to maintain or even improve its value. There are five ways you can enhance your home’s appeal, and you can even do them yourself.
A fresh coat of paint is one of the easiest and cheapest ways to dramatically transform a room, and boost its value. Choose neutrals, which are proven to appeal to the greatest number of people, and be sure to select a high-quality paint. If the paint is your house is already neutral, paint a fresh coat to liven up a room.
The front of the house is the first thing people see. In fact, it is the area of your home that has the biggest return on investment. Landscaping projects could include planting flowers, trees, or trimming existing bushes and shrubs so they look clean and healthy.
An updated bathroom is key to the value of a home. Buyers want to be sure they won’t have to deal with leaky tubs or rusty faucets, and if the bathroom looks clean and modern, they’ll instantly feel relived. Even smaller fixes you can do yourself, like putting in new tile, wall paper, or a newer sink can make a huge difference.
Like the bathroom, the kitchen has one of the best returns on investment with small changes. A new sink, microwave, or fridge gives an old kitchen a more modern look – stainless steel is the most popular choice. If you have the skill, adding updates like granite countertops or wood stains impress any buyer. In general, you can expect an 80-85% return on what you spend.
Improving the light in your home may not be on the top of your list, but it can make a huge difference. You can safely replace lamps yourself with modern ones and change out outlet covers. However, for actual electrical work, it is best to hire a professional. An electrician can make sure everything is in good shape. He or she can even fix faulty wiring so your lights become brighter.
One last bit of advice is to get an inspector/realtor to tell you what improvements pay back the most for your specific house, given the area you live in and so on. This is also good for if you’re on a tight budget and only want to focus on the areas with the biggest return for the least amount of money.