Our friend Tim Hance, of All Islands Home InspectionsÂ has put together a great list of budget-friendly ways one can add value to a home. This has come at the perfect time as we approach summer and can take advantage of excellent weather
Inexpensive Ways to Add Great Value to Your Home
1. Create an Open Floor Plan
Conventionally, most households in the United States have a wall that separates the living room and the kitchen. Consequently, people in your sitting room canâ€™t see the kitchen.
Lately, this trend continues to evolve as most home buyers prefer a house with an open space. If a wall separates your living room from the kitchen, remove the wall.
The resulting space will create an island between your kitchen and the living room. Eliminate this island by adding a table and some chairs to create a flow between the two rooms. As Jeanne Baron of This Old House argues, “youâ€™ll increase the space and transform your homeâ€™s feel”.
Working on your homeâ€™s interior is commendable, but donâ€™t forget about the look of those trees and bushes. Why? Because unkempt bushes and tangled trees can easily obscure views, promote mold and darken interiors.
While most homeowners may overlook it, landscaping is among the top three home investments with the highest returns. HomeGain, a real estate marketing company, surveyed 2,000 brokers and discovered that an investment of between $400 – $500 can generate up to four times in returns.
For this reason, pruning your trees is important. If the planters hinder potential buyersâ€™ view of the house, theyâ€™ll move right on to other houses that are more visible. Other than losing potential home buyers, neglected Mother Nature can cause other costly damages to property.
3. Update Your Plumbing
If your iron pipes look old and rusty and you fear youâ€™ve ingested enough metal through your drinking water to construct a small ship, itâ€™s time to replace your plumbing system.
Believe it or not, appraisers heavily consider plumbing when giving value to your home. Back in the day, re-piping was a massive undertaking where contractors would have to dig up walls. Lately though, people prefer plastic piping because itâ€™s reliable and easy to install. Professional plumbers can run it through the walls like extension cords.
4. Boost Your Bathroom
As Matt and Nicole, licensed realtors and remodeling experts put it, you can brighten your bathroom up with some paint and add wallpaper. Do not overdo the wallpaper addition, though.
Remember that the moisture in the room can quickly loosen your wallpaper. To prevent this, use super glue to attach the wallpaper to the wall.
Other simple additions you may need to make are introducing a new mirror and a few light fixtures. With these simple procedures, youâ€™ll transform your bathroom from a plain Jane to a beauty queen.
5. Illuminate Your Space
Few people prefer a dark living space and thatâ€™s why lighting enhances the appeal of any home. You can do a few things to brighten your house, and these include fixing broken panes, ensuring windows open and fixing switches that trigger dim lighting.
Donâ€™t forget about the lights outside the house as well. They are important for both aesthetic appeal and security.
To add value to your home and beautify it, consider both the interior and exterior parts. Start by implementing each of the above ways as they are the easiest and most inexpensive ways to add value.