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7 Easy & Inexpensive Ways to Increase a Home’s Value
Do you want to remodel your kitchen or your bathroom? Expand the size of your home? Give an old outdated house a brand new modern look?
Finding a trusted and qualified remodeling contractor isn’t always easy.
The good news is that free online resources can help you. Home Advisor is a free service that connects homeowners to their trusted network of home improvement specialists.
The bottom line is that using a reputable and reliable remodeling contractor can save you lots of time, work and even money.
Plus, if you want want your renovation project completed sooner rather than later, using a pro will work in your favor. No job is to large or too small. Questions and ideas are welcome.
You don’t necessarily need to spend a lot of money to increase the value of your home. Many times, you don’t even need any remodeling or interior decorating skills. Yes, it can be that easy.
The key is to make changes to your property that add value in a variety of different ways. This way, you get more bang for your buck. Making one update that adds value in 3 ways is a lot less effort (and cheaper usually) than implementing 3 separate renovations.
Another factor to consider is “appearance”. When your house appears updated, clean and well-maintained, it presents an image that is worth more money. That’s right, you aren’t required to have the latest architectural design or expensive granite countertops.
Let’s take a look at 7 ways you can make your home worth more without spending much money…
This is one of my favorite value-adding tricks. All you need to do is plant the tree and let it grow on it’s own. Planting a smaller younger tree will require less work, and if it is a fast-growing variety you can transform the look of your home or the backyard very quickly.
For minimal cost, trees can add shade, privacy, curb appeal and lower home energy costs with one simple project. Talk about getting lots of value for one simple project!
2. Paint a Wall
We all know that paint can be a cheap way to freshen up the look of a home, but I’m not talking a bout a whole-house re-paint here. I’m talking about a single wall in a room. Yes, that’s all it may take.
Typically, the inside of a home will have walls and ceilings painted white (or off-white). This is great for making a home look clean and bright – and even make small spaces appear larger. However, take one wall in the room and paint it a neutral shade of brown, gray, blue or green, and you can instantly make the space look more sophisticated and stylish.
3. Raise the Ceiling
Well, not literally. The easy trick I use is to hang floor-to-ceiling curtains or blinds rather than installing draperies at window-height that may or may not extend all the way to the floor.
These full-length curtains not only make the ceiling appear higher but they also can make the windows look larger too. In small rooms, this simple change can also make the area appear bigger. Again, we’re getting lots of value for a single change.
Note: this strategy can also work with shower curtains in bathrooms and is especially useful in small, outdated rooms.
4. Add a Living Room Outdoors
Outdoor living rooms are one of the top ways that homeowners can add value to their homes. The reason for this is that the outdoor living space gives the impression that the home has more square footage. It’s like adding on a room without having to pay for building walls and a ceiling.
The key to creating a value-adding outdoor space is using comfortable furniture and adding inexpensive decor items like an outdoor rug, sofa end tables and outdoor lamps. Not only do you make your home worth more, but you gain an extra room you can use in the process. Definitely worth the effort!
5. The Cheap Way to Fix Up a Bathroom
It’s common knowledge that kitchen and bath remodels are the place places for homeowners to invest their money when it comes to upgrading their homes. However, you don’t have to tear everything apart and install all new materials.
Bathrooms can be particularly easy to refinish you may be able to complete the entire project in less than a weekend. My 2 painless solutions are tub refinishing and grout brightening. Hire a pro to come in and do the job for you, and it’s way less expensive than installing a brand new tub, tile countertop or floor.
You can, of course, incorporate the other methods I mentioned above by painting a wall and raising the shower curtain to ceiling level. If you have an awful-looking old medicine cabinet, consider switching it out for a $50 modern framed mirror that you can easily hang yourself.
6. Spruce Up Outdated Furniture with Sophisticated Accessories
Throw pillows, area rugs and living floral arrangements are a few of my favorite ways to transform an old-looking space into one with character and style. The key here is to chose one or two colors to use as a theme in your decor items. This will help tie the room together (just like professional interior decorators do).
IKEA can be a great place to start, either for shopping for for getting interior design ideas. Their prices are low, and their decorating ideas are easy to copy and use in your own home.
By the way, the reason that I prefer living floral arrangements to fresh cut flowers is, hello, they are way cheaper! They also last longer and require less care.
7. Get Rid of Clutter
You may have heard this before. It may be obvious. Thats said, it’s not as easy as it sounds. Many of us get overwhelmed at clearing clutter because we don’t know where to start or how much to clear.
The strategy that I use is to focus on one or two items per space. For example, one or two items on a coffee table, on a fireplace mantel, on a bookshelf, on a night stand, on a dresser, etc.. Remember, less items make a space look more sophisticated and therefore, higher in value.
Consumer Reports http://www.consumerreports.org/cro/magazine/2015/03/top-5-ways-to-boost-the-value-of-your-home/index.htm
This Old House http://www.thisoldhouse.com/toh/photos/0,,20247552,00.html