Methods to Improve Your Home's Value!

You don’t always have to spend tens of thousands of dollars on home improvements to increase your home’s market value. In fact, you are likely to get more return on your money by keeping the improvements relatively cheap and simple. Here are a few easy and inexpensive ways to give your home a boost without completely emptying your wallet!

1. Improve the Curb Appeal- A first impression can mean everything when trying to sell a home. Regardless of how nice the interior is, if the exterior looks ugly and unkempt you are going to turn a lot of people away before they make it to the front door. Some fresh mulch, flowers and plants provide a warm and inviting feeling that draws positive attention.

2. Apply a Fresh Coat of Paint- People have a hard time looking past a bad paint job or an unpopular color choice. Whether on the interior or exterior of the home, a fresh coat of paint can go a long way in improving a home’s ultimate appearance.

3. Modify Your Kitchen- Kitchen improvements often provide your greatest return and are less expensive than you would think. Installing granite countertops is the most effective means of increasing value. The secret is not getting tricked into spending more on the granite than necessary. The lowest priced granites are perfect for what you are trying to accomplish and come in enough varieties to match any style home.

a. Upgrade Appliances- Older, worn appliances can really bring down the overall appearance of your kitchen. By updating your appliances with Stainless Steel or equivalent, you will give your kitchen a more high-end feel that is move-in ready.

b. Add an Island- Kitchen space is a premium in today’s market. The more counter space you have, the more value your kitchen will hold. Islands are a terrific way to add additional counter and storage space.

4. Replace Carpet With Wood Floors- Old carpets collect stains, dirt and other debris that can cause unsightly visuals and smells. Wood flooring is a perfect replacement option that will last a long time.  Remember to choose your wood flooring the same way you would your granite countertops to ensure the highest return!

5. Knock Down Walls to Create More Open Space- If your home is riddled with smaller rooms and walls,you may want to think about knocking some of those walls down to create larger living areas. This will provide your home with greater flexibility along with the open architecture buyers are seeking.

6. Finish Your Basement- This is a perfect way to add finished square footage to your home without having to break the bank on an addition. Additional living space will always create added value in a home.

Let us know what you think! Please leave any tips that have worked for you in the comments below!

2 comments (Add your own)

1. Steven T. wrote:
We updated our master bath to give a more spa type atmosphere and it did wonders for our resale value. Besides the kitchen, I think the master bath is where you can get the best bang for your buck.

Mon, July 23, 2012 @ 10:22 AM

2. Turner wrote:
Improving the outdoor "living" space with patios etc. really gives a home more character. I always look to how a home integrated its outdoor surroundings into liveable/workable space.

Wed, September 19, 2012 @ 2:26 PM

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