Here are a few small low cost tips that you can make to your home, to help increase its value.
Home Improvement Tips: Under $100
Tip 1: Spend an hour with a pro. Invite a realtor (Jennene in Las Vegas) or interior designer over to check out your home. Many realtors will do this as a courtesy, but you will probably have to pay a consultation fee to a designer. Check with several designers in your area and usually for less than $100 an hour, they can give you lots of good ideas for needed improvements. Even small suggested improvements, such as paint colors or furniture placement, or just storing some of your personal items, can go a long way toward improving the look and feel of your home.
Tip 2: Inspect it! Not every home improvement is cosmetic. Deteriorating roofs, termite infestation or outdated electrical systems or plumbing should be checked. Afterall, you can't fix it if you don't know it's broken. So hire a home inspector to check out the areas of your home that you don't normally see. They may discover hidden problems that could negatively impact your home's value. Small problems (such as a hidden water leak) can become big, expensive problems quickly; the longer you put off repairs, the more expensive those repairs will be.
Tip 3: Paint, paint, paint. One of the simplest, most cost-effective improvements of all is paint! Freshly painted rooms look clean and updated and that shouts value. When selecting paint colors, keep in mind that neutrals appeal to the greatest number of people; therefore, making your home more desirable. On average, a gallon of paint costs around $25, leaving you plenty of money to buy rollers, painter's tape, drop cloths and brushes. So buy a few gallons and get busy painting!
Tip 4: Find inspiration. An alternative to hiring a designer is to search for remodeling and decorating inspiration in design-oriented magazines, books, TV shows and websites. Simply tear out or print off the ideas you want to try and start your to-do list. Always keep it simple especially when remodeling on a tight budget, do-it-yourself projects are best option.
Tip 5: Cut energy costs. The amount of money you spend each month on energy costs may seem like a fixed amount, but many local utility companies provide free energy audits of their customers' homes. They can show you how to maximize the energy efficiency of your home. You may not realize how much leaving that computer on 24 hours a day costs you. An energy-efficient home will save you money now, which can be applied to other updates, and is a more valuable and marketable asset in the long run.
So before you decide to sell your home, maximize its value by doing these few low cost home improvements tips.
2 comments:
This is a great article! Even though I don't own a home and am in an apartment, I find this advice informative and wise for any homeowner or invester. I will pass this on to everyone I know.
Great job Jennene. You are a full service realtor!
Candy
This is a great article Jennene. Very informative and interesting. I'll pass this on to everyone.
Candy
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