You do not have to spend a ton of money to increase home value. Smart renovations will give you the biggest return on your money without you having to invest a lot of money up front. Most people know that you can increase home value by putting money into your kitchen but most people do not know that you have to put money into your kitchen where it will matter.
Image Credit: HGTV
These 10 easy ways to increase the value of your home are smart renovations that will help you get the most out of your home when you go to sell it, refinance it or even lease it out.
These 10 smart renovations are not listed in any particular order. They are all equally great ideas.
Image Credit: FreshHome
Sometimes the simplest changes offer the biggest impact. Changing the light fixtures to something more updated can give the house a more contemporary feel. It is a simple way to update things nicely and it is also a relatively inexpensive project.
Image Credit: DesignHarmony
Paint! Painting your home can easily increase home value. Remember home value is really all about perception. A nice clean space that is freshly painted always looks like it is worth more. Choose neutral colors if you are trying to sell your home. Give the outside a coat of paint while you are at it.
Image Credit: GoodHouseKeeping
The kitchen is the place that offers the most return on your investment but you do not have to gut it to get the wow factor that you hoped for. You can do simple things like changing out the faucet in the sink. Paint the cabinets, try a different coating on the counters to spruce things up.
If you can afford to change your appliances to stainless steel. Stainless steel appliances can easily increase the value of your home.
Image Credit: Renowaze
Smart bathroom renovations can increase your home value. Replace the faucet, light fixture, add a coat of paint and add a new shower curtain and bath mat set. It can easily transform your bathroom into an entirely new room. Kitchens and bathrooms sell homes. It does not take much to give your bathroom an upgraded look if you decide to hire bathroom remodeling contractors. Even older bathrooms can look great with a coat of paint and new faucets.
Image Credit: Minimalisti
Improve your curb appeal. You can easily do some easy smart renovations outside. Walk across the street and take a look at your home from the perspective that other people see it. Is there any pop? How is your lawn looking? Maybe a new coat of paint on the front door to change up the color? Adding flower boxes to the windows, changing the color of your front door and trimming back trees and hedges can add value to your home and it is very inexpensive.
Image Credit: Freshome
Back inside! You can buy outlet insulators to help increase the energy efficiency of your home. Energy efficiency is very important now so adding a few extra’s in way of insulation can help to increase the value of your home. Outlet insulation is very easy to install. You just screw off the face plate and place the outlet insulation (which is already precut and ready to install) and then replace the face plate. Lower energy bills can raise the value of your house.
Image Credit: Rich Color Improvements
Upgrade your flooring. Today the houses that are selling have hardwoods and other hard surface flooring. Rip out your old rug and lay down hard woods or you can even use laminates that look like hardwoods. You do not have to change the flooring in every room. A good place to change the flooring up to something a little more contemporary is the living space. This will have the most impact. The bedrooms can wait.
Image Credit: BigCarry
Add shelving and other organizers. If you are low on storage space adding organizing tools like shelves and hooks can help to increase the storage space and increase home value. It also makes your house a nice place to live when everything has a place. It also helps to keep the house neater which of course increases the value of the house.
Image Credit: Homedit
Clean up your basement. If you have a basement clean it up, paint it and make it a real part of your home. A lot of people ignore all that space they have in the basement and let it go to waste. You can easily increase the value of your home by hiring basement renovations contractors that can build a home bar, home theater or even a home gym.
Image Credit: Inspiredbythis.com
One step at a time. Take one project on at a time. Don’t move on to the next project until you finish the last one. Successful smart renovations are renovations that you take on one at a time and finish. Far too many homeowners get the renovation bug and wind up starting a lot of projects at one time and not finishing anything.