What comes to mind when you think of the word ‘home?’
To most people, it’s a safe space where family and friends gather, where dreams are made and shared over a meal. As such, it must be a comfortable, warm, and welcoming space and, if you can afford it, a place to splurge on a few luxurious items.
You can add value to your home on a budget by incorporating the following changes.
1. Spruce Up the Compound
A well-manicured garden featuring beautiful flowers and trees and a lawn with lush green grass that looks and feels like a carpet will likely attract potential buyers. It’s no wonder that, according to Bob Vila, a nicely done landscape can bump your home’s value by up to 20%.
To keep your lawn looking beautiful, mow it regularly and collect litter and debris at least once a week. Prune your trees and clear the shrubs before the start of a new season, and consider planting drought-tolerant, water-efficient plants.
Remove items from your compound that look unsightly.
2. Repaint Your Home
Whether you intend to sell your home, giving it a fresh coat of paint is the most cost-effective yet highly impactful improvement.
A fresh coat of paint gives your home or business premises a new, fresh look. Use neutral colors if you’re looking to sell your home since they’re easy to customize should the new owner have a different color scheme in mind.
3. Upgrade the Kitchen
The kitchen is a home’s most essential and highly visited area. It’s the heartbeat of your home.
Any home expert will tell you that a kitchen upgrade has the highest return on investment.
A minor kitchen upgrade could significantly raise the value of your home, besides giving it a modern look. Among minor upgrades you should consider include painting your kitchen walls, adding new racks, extra furniture, or installing a pot rack.
4. Address Repairs Promptly
The best strategy for avoiding significant repair issues is to address minor issues as soon as you spot them. For instance, a leak today could damage the entire roof if unaddressed.
Before listing your home for sale, deal with minor and major repairs to attract great offers.
When potential buyers view your property, they translate repair issues to mean your home is hiding more significant problems. Inspect your home for items that need repairing and get them fixed.
Get rid of mold, replace rotting wood, and fix leaks whenever you find them, especially on the roof.
5. Go Green
An interior designer will tell you that introducing potted plants in your home raises its value. It gives your living room a fresh, natural look, more or less like bringing the beautiful outdoors inside.
Besides, indoor plants boost air quality in your living room and have other health benefits. You’ll feel better and more relaxed as you read your favorite book next to a beautiful potted plant. It’s a perfect way to lower your fatigue and stress levels.
6. Clean and De-Clutter
It doesn’t cost much to clean and de-clutter your home, but the impact on the value of your home is tremendous. Cleaning your house might sound like an inconsequential task, and you might be wondering how it can improve the value of your home.
Nonetheless, it works; potential buyers will put up more money for a clean house than one that looks dirty, cluttered, and unkempt. For a thorough job, contact a cleaning company. They’ll not only clean the visible areas but those hard-to-reach nooks and crannies as well.
When hiring a cleaning company, establish if their business uses pressure washers. Unlike a garden hose that expends 20 gallons of water every minute, a pressure washer only uses two for the same period, according to the Long Beach Water Department.
Ensure the cleaning company does a thorough job without leaving you with an astronomical water bill.
There are other ways to increase the value of your home besides the above six. One is cleaning the gutters and ensuring they are in tip-top shape. Use gutters that allow better handling of heavy downpours.
Bob Vila says the lifespan of most ordinary gutters is between 10 and 11 years.
There you go: Here are six ways to increase your home’s value on a budget.