Upgrade Your Home on the Cheap!
With the housing market in bad shape, homeowners are on the charge for ways to increase home value. Many are facing the sobering fact that the value of their home has decreased dramatically since they purchased it. Whether the home is historic or recently built, all homeowners are facing the same dilemma.
If you are one of these people who have lost money on your home, there is good news. With just a few minor improvements, you can quickly increase your home value and appeal to buyers to make them want to bid more. Small improvements to the interior as well as exterior and updates to fixtures can go a long ways in effecting the way homebuyers view their potential homes.
Increasing Home Value – How to Make Quick and Effective Improvements to Your Home:
1. Make a solid first impression
Start the positive first impression from the minute the buyer drives up to the house. Pull the weeds in your yard and make your landscaping look inviting, open and well kempt. This will send an automatic signal to the potential buyer that the house has been cared for overall. For an extra wow factor, update outdoor fixtures, such as door handles, door bells, or lighting. This will quickly create a positive first impression.
2. Begin in the kitchen According to realtors the first room people like to look at is the kitchen. This is where hours are spent every day cooking, cleaning up, and spending time with family after a long workday. Therefore, a cozy kitchen that is modern and up to date is an important part of the house. Update this room by adding new appliances, painting it a new color, or putting in a new sink. Many people prefer to buy move-in ready homes, and by having the kitchen looking current your potential buyers will be able to see the increased value of your home.
3. Upgrade the bathroom The bathroom areas are the second most looked at room that homeowners use to help determine the value of a home. These rooms should be brightly painted, and should also offer proper storage of linens and toiletries. If your room is in need of an update, try adding more organization below the sink, or adding in a new sink all together if your old one is outdated. This will immediately give a fresh look as well as provide useful space to stay organized.
4. Set the ambiance with improved lighting In every room, new lighting fixtures can usually be added. These additions will make living rooms and bedrooms cozy, and provide good bright lighting in rooms without windows.
Upgrading Your Home Will Pay Off Big!
Put your worry to rest when you make these minor updates to your home. Not only will you have a nicer place to live, but prospective buyers will look at your home with admiration and be more likely to increase their bid for a chance to live in a new and updated home.
Needing help with your improvements... follow the link for 5 key steps for hiring a contractor.
We've given you 4 ways to improve the value of your home... what would you add to the list, please comment below?