For most people, their homes are the bulk of their assets, and like with any investment, you want to see it grow.
Home improvements, in general, don’t just increase the value of your home, but also your quality of life. Although some of them can be rather expensive, there are many that you can implement that won’t cost you an arm and a leg.
We’ll go over some low-cost tips to help improve your home value.
Basic home security is a lot less expensive than most people think. Buying and installing home security saves potential buyers time and money. New homeowners are, in general, willing to pay more for houses that have security systems in place.
To double your security, the specialists at honeywell systems recommend that you change your master code as soon as you install it. Don’t use anything common that’s easy to decipher.
Getting Affordable Professional Help
Get in touch with an interior designer or realtor to check out your home.
Interior designers typically charge an hourly rate for consultation. This is usually under $100. Realtors, on the other hand, are often willing to do this as a courtesy. These professionals generally have loads of ideas on how to improve the quality of your home.
Small improvements, such as changing the paint color, can go a long way to adding value.
Deterioration is normally visible in its early stages. Roofs, woodwork, electrical systems, and water pipes tend to be the areas that fade the fastest. By performing regular inspections, you can prevent this issue from setting in, which will save you money on costly repairs.
Contacting a professional handyman to inspect hard to reach places more often than not results in money well spent. Well maintained homes fetch a better price on the open market.
Outdated appliances, light bulbs, light fixtures, water heaters, etc. consume more energy, costing you money. Consider replacing existing light bulbs with energy-efficient ones.
Gradually, as time and money allow, start to replace old appliances with new, energy star labeled ones. Old fashioned water heaters typically hold more than 50 gallons of water and keep it hot seven days a week.
Tankless water heaters save you money by only heating water when and as needed. These heaters are a cost-effective, eco-friendly improvement that will add dollars to your investment.
Removing non-essential walls surrounding your kitchen, dining room, and living room areas create an open feeling. This also allows for more light, which creates a sense of space. If necessary, you can also consider removing the kitchen peninsula.
Visual space is as important as actual square footage. It’s highly recommended to consult with a contractor before making internal changes. Removing a structural wall can have devastating effects.
A new coat of paint goes a long way to creating a clean look in and around your house. It’s also a simple and cost-effective home improvement that can dramatically increase the value of your home.
Light, neutral-colored wall paint enhances visual space making your home more desirable and appealing.
Bathroom and Kitchen Updates
Small updates and renovations in the kitchen and bathroom are always beneficial.
You don’t have to redo your bathroom or kitchen completely. Simply replace outdated wallpaper, old lighting fittings, dated plumbing, stained sinks, and old fashioned vanity cupboards. These renovations tend to create a more modern look, are cost-effective, and will guarantee growth to your investment.
Kitchen and bathroom updates are the key to maximizing your home’s value, and you don’t have to start from scratch. Start by doing small things, one at a time.
Protect Your Investment
With the world’s economy near ruin, it’s now, more than ever, necessary to protect your financial future. Regular maintenance and simple home improvements are essential. It will not just protect your investment but also ensure it’s growth.
About The Author: Wendy Dessler is a super-connector who helps businesses find their audience online through outreach, partnerships, and networking. She frequently writes about the latest advancements in digital marketing and focuses her efforts on developing customized blogger outreach plans depending on the industry and competition.
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