At the end of 2017, home sellers profited a whopping $54,000 on their properties. Regardless of your financial goals, that's some seriously impressive return!
Are you thinking about selling your home in the next year? If so, you'll want to maximize your property's cash value before throwing up that 'For Sale' sign. Let's get into the top home improvement tips that can quickly increase your home value.
1. Resurface Your Cabinets
Do you have old cabinets? Remodeling your entire kitchen can become costly, but you can upgrade your space by resurfacing.
Cabinet resurfacing essentially changes out the cabinet skins. Rather than redoing the cabinets altogether, you are swapping out drawers and doors and applying a new veneer over the current surface.
2. Install Outdoor Lighting
Many people like to envision entertaining loved ones in their backyards. To optimize resale value, consider installing outdoor lighting.
It doesn't need to be costly. Depending on the size of your yard, this project may cost anywhere from $2500-$7000, but you may be able to recoup up to half to all of that money come time to sell.
3. Upgrade Your Windows
Outdated windows can drive up high energy bills and make the house especially noisy. For these reasons, many buyers appreciate having new windows.
This isn't necessarily the cheapest upgrade you can do (the project may cost well over $10,000). However, new windows can brighten your entire space. They can dramatically improve the overall aesthetics of your home. When done right, you can recoup some or all of the reconstruction costs.
4. Powerwash Outside
We often don't realize how much dirt and grime collect around our homes. That said, even if the mess is invisible to you, it can be an eyesore to potential buyers.
When people look to buy, curb appeal is everything. Consider investing in a proper power washing to remove all the excess debris and dirt.
5. Install Recessed Lighting
Let's face it. Nobody likes a dark house. Just watch any show on HDTV, and you'll see that open, bright spaces are one trend that never seems to quit.
Living rooms should have recessed lightings, but don't neglect your kitchens, hallways, and even your showers. The cost isn't astronomical: each fixture ranges between about $150-$300.
6. Boost the Landscape
Again, you cannot underestimate the significance of curb appeal. It's one of the best ways to show off your home (and it's also one of the cheapest!).
Add some attractive plants and flowers, freshen the grass, and remove or reshape overgrown trees and shrubs. Don't neglect taking care of water problems (irrigation systems, faucet leaks, etc.).
7. Freshen Up With New Paint
Sometimes, color is the best upgrade you can do to spruce your space. And fortunately, paint is a relatively inexpensive and easy upgrade. With the right tools and mental dedication, you can even do it yourself!
If you're looking to sell, it's typically best to avoid super bright or super dark colors. If someone doesn't like a particular color, they may be dissuaded from the home altogether. To appeal to a broader audience of homebuyers, you want to stick with bright whites and neutrals (gray, yellow, and blue hues).
8. Replace Knobs
When money is really tight but space is looking shoddy, knobs can make a tremendous difference. It can boost your kitchen and bathroom fixtures.
There is no shortage of modern and sleek knobs available at your local home improvement store. Buy a few singles and to determine which one looks best instead of installing them all at once.
9. Change Old Light Fixtures
Many homeowners have gaudy, outdated lamps and chandeliers. Even if you don't notice them, they can severely impact the overall beauty of your home.
Good lighting is like good accessories. They're classy, timeless, and go well with all interior design. Likewise, bad lighting is like a bad accessory. It's cumbersome and noticeable.
Not sure what kind of light fixtures will look best in your home? Hop on Pinterest and browse through sample bathrooms and kitchens- you'll get a feel for what's out there and what will look appealing.
10. Boost Your Garage
Everyone loves storage, but not everyone knows how to show off their storage. Your garage may be a fantastic selling point, but people won't notice it if it's shabby or cluttered.
First, consider painting the garage floor. For one, it'll make the space shine (in a space that usually looks dull and uninviting). Moreover, fresh, bright paint can make space appear bigger, and that's always advantageous.
You might also want to consider purchasing some storage shelves for the garage. Shelves will create the perception of even more storage, and that's always a perk for homebuyers.
11. Take Care Of All The Repairs
Leaky faucets. Cracked windows. Chipped paint. What do these nuances have in common? They're minor repairs, but they do add up, and prospective homebuyers will certainly notice them.
Take the time to inventory your home. Whether you need to fix a patio fence or browse loft hatches, commit to making a list and hiring a qualified handyman or contractor to take care of all those projects you've been procrastinating.
Final Thoughts On Home Improvement Tips
Whether you're looking to improve your home for yourself or for potential homebuyers, it's easy to feel overwhelmed by all the possibilities. Don't worry about getting things done perfectly. Take your time and focus on what's most important.
Are you interested in more home improvement tips? Are you interested in buying or selling a home in Staten Island? We've got you covered- contact us at (718) 816-7799 today!