Home improvements can get very expensive. Oftentimes, the hefty price tag of any home improvement is worth it. For example, they can make your house a better place to live in. Or the improvements can address some of the problems you’ve been having with your home.
Some upgrades can even help you increase the value of your home. But not every home upgrade makes sense in that regard. For example, specific improvements are so expensive that even if they increase your home’s value, you still won’t get your return on investment or improve your home’s equity.
With that being said, there are many low-cost upgrades you can do in your home to up its value without breaking the bank.
Repainting your walls is a great way to upgrade the overall look and aesthetic of your home. And it doesn’t cost as much as other home improvement projects. You need to buy some paint and brushes. And then paint your walls in your free time. If you’re not feeling confident about your painting skills, you can hire someone to do it. But the total cost is still relatively affordable.
Painting your house is also the easiest way to upgrade your home and get a return on investment. It’s one of the top 10 DIY home improvement projects with the highest price increase. The average cost of painting your house’s interior is $967. And it can bring up to a $2,001 increase in value. Meanwhile, the average cost of painting the exterior is $1,407 that ups your home’s value by $2,176.
The kitchen is one of the most important parts of a house. It’s where you make your food for your family to share. This is why it’s one of the things that home buyers prioritize. Upgrading your kitchen can help you make your home more attractive to interested parties when you put your property on the market.
To keep kitchen remodeling less expensive, consider DIY-ing what you can. For example, you can repaint the kitchen cabinets on your own. You can also try installing additional storage for better organization and more space for your kitchen equipment. You can also consider buying new appliances to increase your home value. And even if you won’t be listing your property for sale anytime soon, at least you get to use them and make the most out of them.
Just like the kitchen, the bathroom is also the one place home buyers prioritize and even nitpick. Thus, it’s one area you can focus on upgrading to increase the value of your home.
But you don’t have to do a full bathroom renovation. For instance, you can install vanity cabinets for additional storage. You can also replace the faucet and the showerhead. To keep your expenses at the minimum, do these replacements on your own. But if you have extra cash and aren’t confident about DIY-ing your bathroom, then hire a plumber to do the job.
Lighting Fixtures Replacement
Depending on the style, the lighting fixtures you use can make your house more modern and elegant. These days, lighting fixtures are also considered decorations. Thus, replacing your old lighting fixtures will help you elevate the look of your home and increase its value. Replacing the switches to match your walls’ new color will also add more appeal to your home’s interior design.
A doorknob is one of the things you’ll always interact with within your home. You use it whenever you need to go in and out of the house or when you have to open and close cabinets.
Doorknobs may seem to be the least of your concerns, but as the adage says, the devil is in the details. Replacing your current doorknobs will give your home a more modern vibe.
If you have the free time, you can do simple landscaping in your backyard. For example, you can plant some bushes and flowers around the backyard fence. But before doing so, you need to research what type of garden soil you have so that you can get the right plants. You can also set out a table and some lawn chairs where you can loiter in the morning and the afternoon. You can sit on a chair and enjoy the view of nature in your own backyard while drinking some tea.
This can increase the value of your home. If the landscaping is well-maintained, it can add another 5.5% to 12.7% to the total value of your home.
Upgrading your home to increase its value doesn’t have to be pricey with these low-cost projects you can do on your own.