Most people who own a home want it and expect it to increase in value. That usually is the case, as over time, most homes appreciate in value on their own. However, there are things you can do to your home to increase a home's value to buyers. Here some of the ways that keen homeowners increase the value of their homes.
New Front Door
The key to adding value to your home is to do projects that provide the highest return on investment. Replacing your front door is one of the few projects you can do where you will get as much or nearly as much value as what you spend on the project. A new front door will help to boost your curb appeal and improve your home's safety and security. A great thing about replacing your front door is that it is high impact and doesn't cost a lot. You usually can do the project for about $1,000 or less.
Kitchen and Bath Remodel
When it comes to selling a house, real estate agents often suggest that two of the most important rooms are the kitchen and bathroom. Doing remodeling jobs on your kitchen and/or bath can help to add a lot of value to your home while also increasing your own enjoyment. The key when remodeling your kitchen and bath is to keep things simple. The more complex and customized the work is, the less return on investment you will get.
Keeping your home safe from pests is one area of improvement that many people don't think of. While having pest control treatments done may not specifically add value, they do preserve value by making sure you don't wind up with termite damage or some other issue with pests. Using organic pest control can also add value, as many potential buyers these days are wary of chemicals used in the home.
When looking to add value to their homes, many people forget the importance of curb appeal. Landscaping work is the only consistent project that returns more in value than what you spend on the work. Landscaping doesn't have to mean retaining walls and sculpted lawns, it can be as simple as ensuring your lawn is mowed and free of bare patches and your trees and shrubs are trimmed. You may also invest in a green tow behind turf aerator that you can use in maintaining your lawn.
You don't have to spend a lot to increase the value of your home. The key is picking the right projects that are high impact and will produce the most value for the money you spend.
Rachelle Wilber is a freelance writer living in the San Diego, California area. She graduated from San Diego State University with her Bachelor's Degree in Journalism and Media Studies. She tries to find an interest in all topics and themes, which prompts her writing. When she isn't on her porch writing in the sun, you can find her shopping, at the beach, or at the gym. Rachelle recommends Greenleaf Organic Pest Management, for those interested in chemical-free pest control. Follow her on Twitter and Facebook.