5 Simple ways to increase the value of your home

With the current state of the real estate market, many are looking for worthwhile ways to increase the value of their home – without breaking the bank. I am one of those people.

Here are 5 simple and relatively cheaper DIY tasks that can possibly increase the actual value and perceived value of you home:

  1. Paint your walls – especially with older or scratched and stained walls, a fresh coat of paint will breathe new life and can completely change the atmosphere in a room. Creative and colorful designs are also coming into style. If you are selling you home, neutral colors will tend to appeal to a wider variety of possible buyers and will increase the chance of higher offers.
  2. Update fixtures – many times it can be the small things that can add value. Things such as light switches and wall plates can add value by catering to more desirable designs. Improvements such as a metal wall plate can be relatively cheap.
  3. Install Ceiling Fans – If you already have a ceiling light box, installing a ceiling fan is fairly cheap and easy. New ceiling fans start from $50 and require minimal assembly. Fans can help reduce utility bills during both the winter and the summer by properly circulating air. If you need to install a box and do electric work, then you would have to consider the high costs from that.
  4. Window treatments – Window treatments such as drapes and blinds can make huge differences in overall atmosphere. Even if they aren’t going to stay with the house, it will raise perceived value among buyers. Drapes can even be made at home at a very low cost.
  5. Clean up you front yard – As the saying goes, “First impressions are lasting impressions.” Curb appeal can really set your property apart. Simple things such as cleaning your driveway and sidewalk with a pressure wash and keeping your lawn and shrubbery trimmed and weed free can literally add value to a home. Make sure your front door is painted and clean, and have a nice welcome mat.

 

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Comments
7 Responses to “5 Simple ways to increase the value of your home”
  1. Wes Henson says:

    Loved thr advice will keep it in mind!

    • Gian Sorreta says:

      Thanks Wes! I’m doing all of these things to my house right now. Even though I am not selling it right now, it has made my home much more pleasant to live in. Friends often come over and think we spent a lot more on our house than we did in reality. :)

  2. Jessica says:

    When I was house shopping a couple years ago I saw some terrible things. One place had carpet on the walls. It was terrible. When we finally decided on our house it was a disaster. We repainted all the walls, put in new carpet and hard wood floors, ceiling fans, light fixtures. It was expensive but it made such a difference on our house. Next is to tackle the yards and remodel the bathrooms. I think we need to win the lottery.

    • Gian Sorreta says:

      Carpet on walls? Yikes! I do think it’s a big trend to have hard wood floors for higher traffic areas such as living and family rooms due to the lower maintenance.

      The landscaping and bathroom remodeling are so expensive! Although much of the sunk costs do add to the total value of the house (obviously depending on the design choices). The other area that remodeling will ring back a lot of returns is the kitchen.

  3. Cole Voors says:

    Great article Gian, very helpful tips!

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