A home is a great investment. Even if you don’t plan on selling it immediately, making your home more marketable allows you to build equity more quickly, sell your house more quickly when the time comes, and improve your enjoyment of your home. If you watch HGTV, it might seem like every home improvement project requires a budget of $10,000 or more. By planning ahead, searching the sales, and doing your research, you can invest in projects that boost the value of your home without making you go broke.
A Fresh Coat of Paint
This is a valuable tip if you are preparing your house for market! The right paint color makes a room look larger and makes it easier for people to imagine themselves living in it. No matter which colors you personally love, remember that the house won’t be yours forever. Instead of bold, bright colors, stick with neutral colors like gray, tan, and off-white. Regardless of the buyer’s personal taste, neutral walls make a house seem more pulled together and less like a fixer-upper.
Local Plants and Trees
Plants and trees that are native to your area are easier to grow and less expensive than foreign, imported varieties. If you keep an eye on Craigslist and local selling sites, you may even be able to pick up bushes and trees for free! Landscaping companies often dump their excess plants and let people take them. Putting a weekend or two of work into your landscaping projects can significantly boost your curb appeal and help your house sell for more. Many people judge a house the first time they see it—make sure they see something great when they pull up.
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New Bathroom Fixtures
The bathroom is generally the smallest room of the house, but it’s also one of the most heavily used rooms in any house. Installing new bathroom fixtures allows you to quickly redo an entire room and improve property values. Plan ahead and look at ads early to find the best deal. Vanities, toilets, shower heads, and shower doors can all be found on the cheap, and they really improve the look of your bathroom.
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Kitchen Upgrades
Home selling experts say that the kitchen is the first place to invest your money if you’re going to do home upgrades. You don’t have to spend tons of money. By shopping smart, you can get a great return on a small investment. New appliances are an excellent way to improve a home’s value. You don’t need to buy new; gently used stainless steel appliances are significantly cheaper than new options. Consider redoing the kitchen backsplash, swapping out your cabinet doors, and doing new countertops. Habitat for Humanity stores often have tons of building materials for very little money.
You can boost the value of your home in as little as one weekend with just a few hundred dollars. These projects can be done by someone with no experience in home improvement, so give it a spin!
What are some things you have done that have increased the value of your home on a budget?
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