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5 Cheap and Easy Ways to Increase Your Home’s Value

Everyone wants to enhance the value of their home (especially if they plan to sell it in the near future). But unless you’re made of money, you probably can’t afford to make expensive upgrades or major additions. Thankfully, there are some measures that you can take to improve various parts of your home to make it more practical for you and/or attractive to buyers — without busting your budget.

Each of these five entries lists a handful of suggested projects. Don’t feel that you have to do all of them; choosing one or two can keep costs down and still make a difference. Many don’t require professionals, and some can be completed in a few hours.

1. Update your kitchen.

Have you ever noticed that no matter what the rest of the home looks like, family members and guests tend to congregate in the kitchen? That’s why you want to make sure that this room is sharp and presentable. You don’t necessarily have to change every single aspect of your kitchen, but making a few strategic changes can really bolster its appearance and functionality. Recommendations include:

  • Putting in new cabinet door handles and/or drawer knobs
  • Resurfacing, painting, or replacing cabinet doors and boxes
  • Buying a new kitchen faucet
  • Replacing outdated light fixtures with some that are newer and more energy-efficient
  • Ordering new face panels or doors for appliances

2. Add more storage.

This often goes unnoticed by interior designers, but since today’s families tend to accumulate more stuff, storage is often high on homebuyers’ lists. People who are looking to move often dread downsizing, so providing them with additional storage areas might give your home an advantage over others in the minds of buyers. Here are some ideas:

  • Purchase DIY laminate and wire closet systems to better organize entry closets, pantries, and bedrooms.
  • Put shelves in crawl spaces.
  • Deck attics and crawl spaces with plywood.
  • Install cabinetry and shelving on the sides and ceiling of your garage.
  • Turn a den into a bedroom by drywalling a custom closet system.

3. Freshen your bathroom.

Baths and half baths are among the most important rooms to update in your home. In older homes, bathrooms may not have been built to accommodate the needs of today’s homeowners. Again, a few upgrades can go a long way, so you should think about:

  • Installing a pedestal sink in a half bath.
  • Buying new toilet seats.
  • Replacing the floor with new vinyl tiles or sheeting.
  • Regrouting or replacing shower or bathtub tiles.
  • Installing a prefabricated shower or tub surround.

4. Improve the floors.

Take a good hard look at the carpeting in your common areas. Is it stained, worn, or fraying? And as for the wooden floors, are they looking pretty shabby as well? You shouldn’t necessarily replace your flooring; not only is that expensive, but potential homebuyers may not like the colors or textures you choose. Instead:

  • Have all of your carpets professional cleaned.
  • Restain your wood floors.
  • Cover less attractive areas of carpeting or flooring with area rugs.

5. Boost curb appeal.

You never get a second chance to make a first impression; and with homebuyers, that means curb appeal. While it’s impractical to give the front of your home a complete facelift, there are a few little things you can do to vastly improve your home’s appearance from the outside, such as:

  • Mowing, weeding, and fertilizing the front lawn
  • Sweeping the front walkways and driveway
  • Planting a few shrubs or flowering plants in the front yard
  • Using sod or mulch to create a flower bed or two
  • Cleaning or repairing your gutters and downspouts
  • Repainting or restaining the front door and entry area
  • Replacing the front door handle and lock set

Follow these guidelines and your home will be selling before you know it.

Photo credit #2: nolaclutterbusters