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6 Budget-Friendly Upgrades to Boost Your Home’s Value

Posted on May 7, 2014 Your Home 0 comments

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There are only a few weeks left before summer officially begins and if you’re planning on selling your home soon, you should consider devoting some time to small, inexpensive weekend projects that could really pay off.  We’ve compiled a list of low-cost tweaks that might increase your home’s value and help your property sell faster. Even if you’re not planning to sell, these are great tips to give your house a fresh look.

1. Increase Your Curb Appeal with Landscaping

For buyers, first impressions are made the moment they set eyes on a prospective property. It may seem like a no-brainer, but having a nicely maintained yard is important when trying to sell your home. Mowing the lawn, removing weeds, pruning bushes and sweeping the walkway are simple ways to increase curb appeal. If you have overgrown trees that obscure potential buyers’ view of your house and darken interiors, consider having them professionally trimmed. Creating flower beds, adding shrubbery and grouping potted plants are also good tactics to instantly enhance your outdoor space.

6 Budget-Friendly Home Updates - United Heritage Blog

2. Improve Entrance Way

Similar to landscaping, the significance of the home’s front entryway must not be overlooked by sellers. Many people make up their mind about a house almost immediately after walking through the front door. Therefore, it’s key to improve the threshold of your home and make it as inviting as possible. Modest fixes such as ensuring your doorbell is working, painting the front door and trim, replacing the door knob, and dressing the portico with seasonal plants can make a big difference in buyers’ perception. 

6 Budget-Friendly Home Updates - United Heritage Blog

3. Patch and Paint Interior Walls

A fresh coat of paint is a miraculously budget-friendly way to transform the look of a room – especially if your walls have visible chips, scuffs or peeling. Before putting your house on the market, patch, fix and paint any damaged walls. Also, it’s best to get in the habit of leaving your personal taste behind. Choose a neutral paint color so buyers can more easily project their own ideas for the space and refrain from thinking of all the time or money they’d spend re-painting upon move-in.

4. Don’t Decorate, De-clutter

Continuing with the theme of allowing potential buyers to visualize themselves and their belongings in your house, it’s necessary to de-clutter. Sort, donate or toss anything that you don’t want or need that is taking up space in your home.  The less clutter, the more buyers will be able to focus on what it’d be like if they lived in the house. Another added bonus of de-cluttering – your rooms appear bigger.

6 Budget-Friendly Home Updates - United Heritage Blog

5. Re-caulk Existing Plumbing Fixtures

Revamping the kitchen and bathrooms is a sure method to increase the value of your home. However, major upgrades to these rooms can be labor intensive and pricey. So how can you add value without busting your back or budget? Simply re-caulk around the tub, shower, toilet and sinks. Aging caulk that is colored, tinged or cracked can leave the impression that the house hasn’t been maintained. Fortunately for homeowners, new caulk is cheap and easy to apply.

6 Budget-Friendly Home Updates - United Heritage Blog

6. Deep Clean Home

It may seem like another given, but cleaning every nook and cranny of your home before putting it on the market is a must. Buyers notice what you may have overlooked or ignored for years – such as that cobweb in the corner of the ceiling, those dusty baseboards, the bugs trapped in your light fixture or a small carpet stain. Don’t let dirt stand in the way of your house selling for what it’s worth. If housework isn’t your strong suit, hire a cleaning crew to do the initial labor and maintain it from that point forward. 

These are just a few tips and tricks for boosting your home’s value on a budget. Remember, little improvements can make a big difference in your resale price! And once you’re ready to start shopping for your next house, be sure to give a UHCU home loan specialist a call.

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