Whether you’re getting ready to sell your home or simply aiming to freshen it up, experts agree that there are lots of things you can do to increase the value of your home. Keep in mind, though, that not every home improvement project yields great results.
Just because you spent $10,000 on renovation, it does not necessarily mean that you’ll be able to recover the cost when it’s time to sell. The key is to know where to spend.
Experts share their brightest ideas for adding value to your home.
Give your home a facelift
You don’t always have to spend a fortune just to boost your house’s value. Create a good first impression by making sure you have a clutter-free driveway. Repainting your front door or installing a new door knob is also a great option. Aside from the exterior, it is also advisable to keep your home tidy on the inside. By doing so, buyers will believe that you have a well-maintained and well-loved home.
More space and light
Right now, buyers want a wide open floor plan and rooms with as much natural light as possible. Open floor plans typically involve combining your living, dining and kitchen areas.
If you have a small house, it might be a good idea to knock down that kitchen island or a non-structural wall. This gives the illusion of a larger living area.
Take care of little repairs
You may be accustomed to that missing grout in the toilet or that drippy tap, but potential buyers may see it as a flaw. Instead of envisioning themselves relaxing in the living room, their thoughts are now occupied as to how much it would cost to repair them.
Take care of these little repairs and keep your home in top shape. After all, it is your responsibility as a homeowner.
Make your kitchen really cook
When viewing a home, potential buyers make a beeline for this room. It’s known as the heart of the home for a good reason.
Giving your kitchen a facelift is a good investment, and if done correctly, it can give you as much as 100% recoup on your investment. You can modernize the look of your kitchen by simply repainting your kitchen cabinets or replacing tired-looking handles.