Boosting Your Home’s Value on a Budget

Want to boost your home’s value, but don’t have the budget for a big renovation? Don’t worry, there are a multitude of home improvements that can be done without having a big budget.

However, when making your home improvements, it is vital to ask yourself, “Will the money I invest be recouped in the sale of the home?” The best renovations not only cover their costs, but they will boost your home’s value and provide you with a nice return. The key, of course, is identifying home improvements which will deliver the biggest return for the smallest investment.

Here are renovation projects that are both easy and inexpensive ways to dial up your home’s appeal and value:

Paint the front door: You might not have the budget for full exterior paint job, and that is okay, but have you looked at your front door lately? It’s a focal point from the street and if it’s looking weathered, updating it with a fresh coat of semi-gloss paint will improve its appearance and will impact your curb appeal. If you have more room in your budget, consider replacing the door entirely.

Paint the foyer/entry way: Interior paint is an obvious improvement, but you don’t have to make it an all-or-none proposition. Where do people enter your home? Like the front door, your point of entry is the first impression of the inside of your home. Refresh the point of entry of your home and make it look brand new.

Change light fixtures and switch plates: You probably don’t even notice your light fixtures anymore, but buyers will. Swapping out the fixtures and modernizing the look goes a long way. Same goes for switch plates, replace the old (and possibly dirty) with fresh new stylish ones.

Upgrade kitchen and bath fixtures: Do you need a new sink, or do you just need a fresh faucet? It’s amazing how much a deluxe kitchen faucet upgrade can change perceptions of a kitchen. Same goes for the bathrooms: Faucets and even a new toilet can do wonders. Along with this, a detail that often gets overlooked is door knobs. Replace old doorknobs on kitchen cabinets, or anywhere around your home.

Garden upgrades: Fresh borders on your flower gardens, new flowers, and fresh mulch are all small touches which refresh a home’s exterior. Remember that simple lawn maintenance can pay off in the end. It is believed  that “the cost of maintaining your lawn is only about $330. In exchange, you can recover a value of 303% or $1,000 from this basic fix, according to the National Association of Realtors” (CheatSheet).

Clean Carpets: Having your carpets professionally cleaned in an inexpensive investment to quickly update your home and make it feel cleaner. It is often suggested not to replace wall-to-wall carpeting before you sell your home because homeowners like choosing their own carpeting. Therefore, cleaning is the best option to create a clean feeling environment.

Want a second pair of eyes to advise you on your remodeling, big or small? I am happy to help you make a checklist to prepare your home for sale. Contact me at today: (928) 916-1921.

Trent Beaver
(928) 916-1921