With housing prices increasing, now is the time invest in your home to capitalize on its value. However, like most home owners, the thought of renovations and home improvement probably feels a little discouraging. With these low-budget tips it doesn’t have to be!
Tip #1 – Paint, Paint, Paint!
One of the biggest and simplest improvements is paint! A little bit of paint can go a very long way. A couple fresh coats of paint makes an entire room feel clean and updated — and that means more value. When selecting paint colors, neutral colors appeal to the greatest number of people, therefore making your home more desirable. Another alternative is an accent wall, it can be a perfect way to break up a large room, or to emphasize an architectural feature. Here’s an example of an accent wall that receives ooh’s and ahh’s at showings. On average, a gallon of paint costs around $30, so go buy a few gallons and get busy!
Tip #2 – Low-maintenance landscaping
No question that shrubs and colorful plants will add curb appeal to any home, but when shopping at your local garden center, make sure that you "think green." Purchase plants that are native to your region or plants that are drought-tolerant; these require less water and maintenance, which means more savings to you and more green in your wallet. Your grass is important to keep in mind, overgrown or patchy lawns and outsized bushes will cause your home to stand out — in a bad way. A little landscaping goes a long way.
Tip #3 – If you're short on square footage, make it FEEL bigger!
The size of your home is a huge factor, as I’m sure anyone selling their home is aware of. However, it’s not just the square footage that makes an impact it’s also about visual space and how big the buyer FEELS the room is. Replace your old dark, heavy draperies with vertical blinds. Vertical blinds allow much more light into a room – and sunlight always makes a room feel bigger. Also, try to find space for a large mirror in the room to visually double the space. Last but not least, clutter. Your buyer needs to walk in and feel like they are already at home, so pack up the personal photos, and ditch the vintage collection of Beanie Babies on the top shelf and the less cramped it will feel!
Tip #4 – Replace Worn Carpets or rugs
Sometimes the problem is right under your nose, or in this case your feet. Are your carpets and area rugs stained or worn? Nothing turns buyers off more than the thought that they will immediately need to replace all of the flooring in a home. Ideally, you may want to replace them all, but if a limited budget puts a snag in that plan, start by having the carpets professionally cleaned, or replacing the carpet in the room that shows the most wear and tear and the others as your finances allow.
If your home has hard wood that appears scratched and damaged, look into a fun area rug. Not only will it help disguise some cosmetic imperfections, but it will add some extra sizzle to the room.