Increase Home Value, and Get a Return on Your Greatest Investment
Even if you’re not in the mindset to sell your home, investing in your greatest asset can help you capitalize on its value and gain equity. Home value improvements don’t have to break the bank, and these simple tips from Freedom Home Warranty will increase your home value, whether you sell your home or not. Focus on one space at a time, and address the basics.
Upgrade made on an impulse can seriously backfire, so take the time to write down what your biggest upgrades are. If you do plan on selling, get with a Realtor and make a selling plan, eliminating big or impulsive upgrades.
Take Care of Maintenance First
Before even considering a remodel project big or small, focus on what needs repaired and inspected. Houses that get attention are in tip-top shape. That being said, you can’t fix what you don’t know is broken. Hire an inspector or contractor to come check out the areas of your home you might have overlooked. Insulating the attic, inspecting the septic system and furnace, and finding that hidden water leak are small problems that can cost more in the future. This also extends to maintaining your appliances, especially important if you have a home warranty. Although Freedom Home Warranty is here to protect you, you must maintain your appliances so that if they don’t work, Freedom can help with the issues.
Flooring is so important, that even a simple upgrade like adding an accent rug can really pull the room together. Cleaning your carpets and spending the money to hire a professional can really pay off if replacing existing carpets isn’t part of the upgrade plan. Eliminate squeaky spots with a few well-placed nails, and repair tiles that have cracked over time. For a more expensive return on your investment, consider upgrading from carpet to engineered hardwood flooring. Hard-surface floors are appealing for more than one reason, they are easier to clean and give your home an updated look.
Brighten Your Space
How old is the ceiling fan in the master bedroom? Is it wobbly or an outdated finish? Upgrading your lighting fixtures is the quickest way to transform the light in any space. Start with the bedrooms and bathroom, then move on to the kitchen for maximum return. While we’re on the subject of fixtures, simple hardware updates can take years off your home. Replace old faucets, doors or door knobs, ceiling fans and even exterior porch light fixtures. Lighting doesn’t stop with the inside of your home, adding welcoming lanterns to your driveway edges, brightening your patio with fresh planters, or taking down holiday lights adds curb appeal and brightens your entire property.
Kitchens are No. 1
Simple upgrades like paint and updating the backsplash are easy DIY projects that can take a Saturday and Sunday and cost less than $200. Doing a mini-remodel instead of knocking down walls will make you appreciate what you are capable of doing on a small budget and doing it yourself adds value as well. Home improvement stores and even sources like Pinterest teach you how it’s done. Visit our Pinterest page for inspiration! Have you considered upgrading your sink? There’s so much appeal in a sink that can also convert to a functioning workspace. Consider installing a new sink that comes with built-in accessories like cutting boards, dish racks and colanders.