5 Low Cost Home Improvement Projects to Increase The Value of Your Home
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Has your house been sitting on the market for too long? here are the top 5 low-cost home improvement projects that will improve your home. Forget about the pool, jacuzzi or floating toilets. Don’t do a full kitchen remodel or add chandeliers into a tiny hallway. Follow the steps in this post, and make smart, affordable upgrades to your home.
1. Never Judge a Home by The Front Door
There is a famous phrase “never judge a book by its cover,” but this is what they make book covers for. When your prospect first walks into your home, the door is where they make their first impression.
If your door is damaged, outdated or hard to look at, then that first impression is wasted. It’s the lowest cost home improvement you could make, with the highest potential return. Now imagine a prospect walks through your brand new steel or fiberglass and wood door. The first step they take gives them a positive feeling of luxury.
At the very least, you can give your door a fresh coat of paint and make sure it looks as nice as you want your prospects to feel. We’ve found that steel doors are a very modern and popular choice that will increase the value of your home. If you go for a fiberglass or wood option, you’ll still make your home look much better from the start.
Tip: A new garage door is also high up on the list of low-cost home improvement projects that increase the value of your home. Consider repainting or replacing the garage door as well, to create that perfect first impression and sell your home faster.
2. The kitchen is the heart of the home
The kitchen is often the busiest place in the home. In modern homes, it’s become a centerpiece with a central island and open plan living. There are many low-cost ways you can improve your kitchen without doing a full remodel. Just a few updates will increase your home’s value.
Instead of pulling out cabinets and refitting new ones, consider updating just the handles and front panels of your cabinets. After all, this is what the eye sees. You should also add cabinet space to the ceiling if you have gaps above your cabinets. This little detail adds a lot more value to your home, and it’s an easy project to do.
The next thing you can do is replace your countertops. Choose a luxury style like granite or quartz, and your prospects’ attention is magnetized to this feature as it is a huge market trend.
You also need to make sure your kitchen and countertops are well lit. You can make this simple update by adding below countertop LED lights that are cheap but look of high quality.
Add a few appliances to make the kitchen look furnished, and you’ll increase the value of your entire home. If the heart of the home is strong, the rest of it will be too.
3. A Modern Deck Looks & Feels Like Value
An outside decking area has become a reason homes are increasing in value. By adding or improving your deck, you’ll boost the value of your home. A deck allows more space outside for entertaining and living. This extra space adds more value and increases the value of your sale.
A good idea is to put your house on the market during the spring and summer of the year when housing markets generally heat up with the weather. When your prospect comes to the home on a warm summer day and steps out onto a power washed decking with seating areas and cushions, they’ll imagine living in that space.
If you already have a deck, this project is even easier. Replace any uneven, broken or wobbling slats because this can hurt your chances of making a sale. Power wash everything and reorganize the area so it looks like a timeless beauty. Add some greenery and modern furniture and make sure the cushions are out when your prospects arrive.
This home improvement project has proven to increase the value of your home and It will bring the buyers to have a better vision of what your home is worth in the local market.
4. Bathrooms Busy, Not Anymore
If you only have one bathroom in your home, then adding a second bathroom either as an ensuite or under-utilized space, will drastically increase the value of your home. An extra bathroom can recoup over 100% of the cost of whatever you spend to make it.
Consider closets or under-the-stairs areas. For a small half-bath, you will need 18 square feet on average for a basic bathroom, and up to 30 square feet for a bathroom with a shower.
An extra bathroom increases the value of your home because it’s a basic human problem to need to go to the bathroom. The freedom to always have a bathroom free when usually you would be waiting is a luxury that is worth real value. This is not really a low-cost home improvement project, however, the increase in value to your home will more than pay for the cost.
5. The Windows To The Soul are Energy Efficient
It’s a known fact that when you see a house with old single-pane windows, you think low value. You might also think run-down, old, or even haunted. Not only does adding energy-efficient windows save you on your energy bill, but it also improves the look, quality and security of your home and immediately boosts its value.
In some locations, you can even earn a green energy tax credit for upgrading your windows. As long as they are energy-star rated. The cost of upgrading your windows or installing new ones will more than be made up for by the value added to your home.
If you have any additional questions, you can contact our team of real estate agents in Idaho Falls, or simply fill out a Home Valuation form and we will get in touch with you.