Not all home improvement projects are created equal. Some renovations may cost a lot but not add significant value to your home. This list goes in the opposite direction: Here are some inexpensive home improvement projects that will not only increase your enjoyment of your home, but will also increase the home’s value.
- High quality ceiling fans: In a recent National Association of Home Builders survey, ceiling fans ranked No. 1 as the most-wanted decorative item. If your ceiling fans are outdated, replace them with something in the $400 range—it’ll make a big difference when it’s time to sell.
- Trees: Mature trees can be worth as much as $10,000 toward the value of your home. Trees also protect your home from the elements and prevent erosion.
- Energy efficiency: Buyers are increasingly interested in saving energy, so any efficiency update is worthwhile. Switching from a wood to gas fireplace is a great start.
- Outdoor lighting: Exterior lighting is great for highlighting the accents of your home, and you can typically expect a 50 percent return on investment.
- Molding: You can finish a room with crown molding or railing for as little as $1.50 per foot if you take a DIY approach, and it’s extremely desirable among prospective buyers.
Are you thinking about selling soon but are not sure if your house is “ready”? Since each listing should showcase its own personality, it helps (and it is encouraged) to have a Professional tour your property for advice on how to properly and effectively prepare your listing. A professional Property Stager, a Certified Home Marketing Specialist (CHMS), and/or a REALTOR® can create a custom list of “to-dos” to help dress your house for a successful sale. Having a pre-listing walk-through with a Pro can save you from spending money on the wrong home improvements.
An experienced local REALTOR® is likely to have a team of people who can assist you with listing preparations. Make one call and get it all done – call your favorite REALTOR® first!
We know what it takes to get a house sold the quickest and for the most money. Let our experience help get you the biggest bang for your buck! ~Agent Val, metro realty
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