Five ways to easily add value to your property
Let’s face it; many of us are spending more time at home than ever before. But that doesn’t have to be a drag; it can be an opportunity to finally address some of those long-neglected projects or issues around the house. It could even be a great time to add some value to your property.
The good news for your wallet is that you don’t always need extensive renovations and a team of builders because there are plenty of quick ways to add value to your home that you can do by yourself.
Here are five easy home improvements to inspire you!
Paint, paint, paint
There’s no more natural way to refresh an entire room than with a new coat of paint, especially if your walls look a little worse for wear.
Not only will a fresh coat of paint look good, but you can also use color to your advantage. Creating an illusion of space in a smaller room add a lighter tone of paint; this will do the trick, while more vibrant colors can help you develop a feeling of warmth.
The best news is that painting can be relatively cheap and even something you can do yourself. Of course, you can always get professional painters to do a top-notch job; if you are on a budget, try the DIY painting route.
Need an excuse to spend more time outside? Well, put in a backyard garden to refresh the space. Put this at the top of your to-do list because it’s one of the most significant areas of your homebuyers will take notice of.
This doesn’t mean you need to hire a team of landscapers to revamp your yard; it can be as simple as reinvigorating your current garden.
Think about reseeding and edging your lawn, pruning your plants or replanting some of them in pots, or even replacing your fence if it is starting to sag. It’s all about tidying things up and making it a more appealing space for buyers down the track.
Even the smallest of yards can be spruced up with something as simple as new pots or the addition of a small herb garden.
2. Update the splash-back and taps in your kitchen
Gone are the days of kitchens being pokey, tucked-away spaces. Increasingly they’re becoming more communal areas, especially with the current open plan living trend. As a result, your kitchen is an area that buyers will probably really pay attention to.
Let’s be real, though: a full-on kitchen renovation will probably cost you thousands, if not tens of thousands of dollars, so let’s focus on some more budget-friendly kitchen improvements.
Your kitchen splashback, countertop, or even taps are all items that can be replaced relatively cheaply to upgrade the look and feel of your kitchen without the need for any extensive structural changes. And to reiterate our first suggestion, repainting your shelves and cabinets will go a long way!
3. Add Value to Your Property by Touching up your flooring
While you might not notice the age of your floors given you spend every day walking on them, a prospective buyer sure will.
That’s why, like a fresh coat of paint, giving your floorboards, carpet, or tiles, a touch-up is a relatively cheap solution that could add a bit of value to your home.
Again, that doesn’t mean you need to go around replacing everything. Instead, think about re-sanding and polishing your timber floors, or giving your carpets and tiles a proper clean – even if that means getting it done professionally.
Don’t forget outside too! Chances are there are a few loose nails on your back deck to fix up, plus any house will look 1000 times better with a new coat of paint.
Author Bio: Tom Watson is a personal finance writer and journalist at financial comparison site mozo.com.au with a specific focus on property and consumer banking.