Your home value is the amount you can expect to gain when you sell your home. There are many factors that determine the value of your home. Putting your home on the market or simply getting an estimate of its value can be a challenging experience. It is especially so if you find out that your home is a lot less valuable than you thought.
There are projects you can carryout yourself to increase the value of your home including:
1. Kitchen Upgrades
One of the best things you can do to get a better price when selling your home is to update your kitchen. A remodel is often expensive and you cannot do it on your own, however, by upgrading to modern appliances, the flooring or countertops, your kitchen can look much more elegant without it costing you an arm and a leg. A small investment in the kitchen can mean a significant increase in home value.
A great determinant of home value when selling your home is curb appeal. Giving your front lawn a makeover will help make your home look more hospitable than it may otherwise look.
Therefore, be sure to pull out all the weeds, trim the hedges and cut any overgrown plants. Adding some pavers and mulch below and around your bushes can really make it shine. Landscaping will offer a better image of your home hence increase its perceived value.
3. Interior Painting
Painting the inside of your home is a project you can easily do on your own to increase the overall value of your home value as well as appeal to potential buyers when trying to sell your home. A fresh coat of paint all over the house will help make your home look slightly newer than it currently is.
The best paint in this regard is a neutral color like white or grey. Painting can also cover up some blemishes that you cannot repair such as stains and scuffs.
If you have a lot of extra time on your hands, tiling is an upgrade that you can definitely do on your own. It is much less intimidating than most homeowners think. Re-tiling rooms like the bathroom, den, kitchen or hallways can substantially increase your home’s value. It is also very affordable as you can get many great deals on tile at your local hardware store.
Most people perceive a brighter house to have more value though it might not be true. Therefore, a great way to get a higher price when you sell your home is to add newer or more lighting fixtures.
There are many places you can find lights to add a touch of class to your property. Lighting is also a security measure which many homebuyers value.
Bonus: Declutter Your Home
As simple as it sounds, clearing the clutter from your home can substantially increase the value of your home according to experts. It is a great project to undertake because you can easily do it yourself and it also makes living in the house better.
Too much clutter takes up a lot of space and makes your home appear smaller than it is. You can throw away the clutter, sell it or donate it.
A built-in closet will free up a lot of space in your home which will make it appear larger than it is. It will not only save you money, but it will also increase the value of your home.
There are many other DIY projects you can undertake to improve the value of your home. Just stick to what you know so you don’t end up damaging your home and reducing its value.