How to Increase the Value of Your Home Without Breaking the Bank
Selling
Most properties appreciate in value over time, especially if they are well maintained. However, there are many inexpensive ways that you can help boost your property’s market value, including making minor upgrades both inside and out. Learn how to increase the value of your home without breaking the bank.
Front Yard DIY Curb Appeal
The view of your house from the street is extremely important in terms of perceived and actual property value. Ways to improve it include having:
- A Well-Maintained Lawn: Make sure your grass is never overgrown or has weeds or bald spots. Also trim low tree branches and unsightly hedges.
- Enhanced Landscaping: This refers to the added touches that help make your house a home. Ideas include flower beds, flowering bushes, driveway edging, and walkways lined with small rocks, plants, or outdoor lighting
- An Eye-Catching Entryway: Add a porch if you don’t have one, or install an arbor or trellis to add further definition and distinction. Replace a damaged front door, or repair a plain door with a color that will pop. Next, fill planters with flowers or native plants, and upgrade outdated porch lights or other outdoor décor.
Backyard Landscaping on a Budget
Once you have tackled a few projects in the front yard, move around the side of your house and to the back. Ideas to make improvements and increase the value of your home include:
- Building or extending a back deck
- Creating a cozy nook under a tree, complete with a bench, fountain, or metal sculpture.
- Installing a small fire pit or outdoor fireplace
- Making a garden path with stepping stones or pavers
The best part is, most of these ideas are great do-it-yourself projects that can be completed with inexpensive materials.
Moving Inside: Update Kitchens and Bathrooms
These rooms can greatly affect how buyers rate houses and make their final decision. Simple updates and upgrades can make a huge difference in a single room. Ideas include adding trim to a bathroom mirror, replacing the medicine cabinet, updating fixtures, and adding back-splash tile.
Expand Storage Space
This idea may seem impossible, but building another closet or a built-in shelf can be more cost-effective than you might think. Plus, expanding storage space is a key part of learning how to increase the value of your home. If you cannot build a new storage area, then add extra shelves, storage devices, and hooks to cabinetry and closets throughout the house.
