9 Simple, Budget-Friendly Ways to Boost Your Home’s Value
It turns out; you don't need a lot of money and fancy renovations to increase your home's value. If you’re thinking about selling, consider these nine simple, budget-friendly ways to boost your home’s value:
Service HVAC System
Did you know that 90 percent of home inspectors recommend furnace servicing and certification before selling your home? It's true! Buyers like to see that the home's HVAC system is in working order. Be proactive and complete a yearly furnace inspection. An annual inspection cost around $100 and keeps your HVAC system in tip-top shape. If you go the yearly route, maintain a record to show the homebuyers that you have serviced the system annually.
Curb Appeal
Before listing your home, consider upping its curb appeal. Clean up the landscaping, power wash the walkway and driveway, add a fresh coat of paint to the door (if needed), add colorful flower pots to the porch, add a wreath and front door mat, etc. Any bit you can do will have potential homebuyers stepping out of their car with a great first impression of your home. To top it off, these updates should only cost you around $100 to $300 – which is well worth the money!
Fresh Coat of Paint
A fresh coat of paint can go a long way - buyers like to see that you have taken care of the home. If you do choose to add a fresh coat, consider selecting neutral colors. Colors like beige, gray, or greige are the most appealing to potential homebuyers. Also, consider re-caulking around the windows, tubs, and counters. A clean, fresh look is just what homebuyers want. Your goal, when listing your home, is to make it look as if it hasn’t been lived in – because that’s what appeals to potential buyers.
Steel Entryway
Replacing the front door is an easy, inexpensive way to boost your home’s value. Not only is it inexpensive, but Remodeling magazine found that adding a steel entry door is the only project that nationally more than pays back its investment. Chances are you will drop around $200 for a new steel door (without framing) – but you will more than recoup the value when selling your home.
Repaint/Reface Kitchen Cabinets
Instead of replacing the cabinets completely, consider repainting or refacing the cabinets. Adding a fresh coat of paint and new decorative hardware can completely transform your kitchen. The facelift will easily run more than $200 – but it will likely boost your home value by thousands. Before starting, looking to the current trends to ensure the “new look” will appeal to potential homebuyers.
Dress Up the Bathroom
When it comes to appealing to potential homebuyers, the bathroom is nearly as important as the kitchen. To dress up the bathroom, consider replacing old light fixtures with new modern ones, add a fresh coat of paint (choose a neutral color to appeal to homebuyers), add new hardware (be sure to research the current trends for metal color), and add new hanging towels. These updates will make your bathroom look new without breaking the bank.
Update the Light Fixtures
Light fixtures, if outdated, can be detrimental to the sale of your home. Potential homebuyers prefer to see light fixtures in line with the current trends. Spending between $200 and $300 on new light fixtures can significantly improve the look and feel of your home. Also, while you're swapping out light fixtures, swap out light bulbs. Pick a bulb color that highlights your home.
Expose Hardwoods
Buyers love hardwood floors – that's no surprise. They are beautiful and easy to clean. If you have old carpets throughout, take a look and see if there is hardwood hiding underneath. If there is, pull out the carpet and restore the hardwoods underneath. Refinishing hardwoods will run you around $200, a fraction of the cost of installing new hardwoods throughout. Not only is this cost-effective, but it will also significantly boost your home's value.
Remove the Popcorn
Popcorn ceilings are extremely unappealing. If your home has them, consider removing them. The cost of removing them is around $100 to $200 – and worth every penny!
Are you thinking about selling your San Antonio home? Living and working in the San Antonio area has provided me with a unique skill set to get your home sold. Give me a call today.
Resources:
https://smartasset.com/mortgage/5-cheap-and-easy-ways-to-boost-your-homes-value
https://www.hgtv.com/remodel/interior-remodel/easy-ways-to-boost-your-homes-value-pictures