5 Ways to Increase the Value of Your Home Without Breaking the Bank
If you’re looking for opportunities to add to your home’s value, it can be hard to know where to begin, especially when you’re working with a budget. Whether you’re working on your live-in fixer-upper or you’re getting ready to list your home on the market, starting with a solid plan is essential to maximizing your budget while maxing out your ROI.
At Bill Buys Houses, we understand many of the challenges that Minneota homeowners face when renovating or selling their homes. In this post, we’re taking a closer look at some of the best ways to increase your home’s value without breaking the bank. From small changes that boast a big impact to cost-effective solutions you might not have thought of, we’re covering it all. To learn more about what we do or connect with a cash home buyer, give us a call today.
1. A little paint goes a long way.
Easily one of the most affordable was to make a big difference, paint can be something of a magic wand when it comes to freshening up a home. A new color palette for your home’s exterior or interior can make a big splash. Or if you don’t want to change things up, applying a new coat of paint can make your space feel cleaner and brighter instantly. And the best part? Repainting your home is an easy DIY task, especially with the help of a few friends or family members willing to pitch in their elbow grease.
2. Get rid of your carpet.
Carpet was a huge fad through much of the 20th century, but its popularity is waning for a number or reasons, and it doesn’t look like it will be making a comeback anytime soon. Sure, new carpet can be comfortable underfoot or look really nice. But it requires constant cleaning and serves as a magnet for dust, dirt, contaminants, dander, allergens, bacteria, and even mold. Most homebuyers these days don’t want to mess with carpet, and there’s just something that’s pure and beautiful about a simple tile or hardwood floor. Another popular alternative is to stain the concrete subfloor, adding throw rugs as needed for comfort and design.
Once you’ve removed your carpet, you’ll enjoy better air quality without carpet because your floors can be easily swept and don’t contain unpleasant odors when they need cleaning. And few home improvement tasks are more cathartic than ripping up old, outdated carpet.
3. Remove popcorn ceiling and wall textures.
One of the most dated looks in a home is a textured wall or popcorn ceiling. Popcorn ceilings, also called acoustic ceilings, were very common during the 20th century because the material hid flaws well, making the process a cheaper and easier method of application for mass-produced homes. The process also had the added benefit of noise reduction. In addition to popcorn ceiling, several types of textured walls are common among older or mid-century homes including orange peel, splatter, and knockdown, among others.
But these days, popcorn ceiling is not considered desirable. Fortunately, it can be easily removed as part of a home DIY project. Before getting started, research your home to make sure there’s no chance that your walls contain harmful contaminants like lead or asbestos that would require special removal. To remove your textured ceiling or walls, you can purchase a softening solution at a hardware store. Once the solution is applied, the wall texture will be easy to remove.
4. Add a smart thermostat.
If you’re paying more than you wish you were on your monthly energy bills, installing a smart thermostat should be at the top of your to-do list. With a smart thermostat, you can log in from anywhere in the world using your thermostat app. From there, you can program your thermostat to automatically adjust after you’ve left the house during the day and return to its optimal temperature before you return home again. A smart thermostat is an investment that will pay off over time, and it’s one of the simplest ways to add value to your home if you’re thinking of selling.
5. Update your kitchen.
Kitchen renovations can be as expensive as you want them to be, but there are plenty of things you can do to make a difference without spending a fortune. And your kitchen is one of the most noticeable spaces inside of your home, which is why outdated appliances and fixtures can make a home harder to sell.
But you don’t have to rip out your cabinets and replace them to get a more modern kitchen. Start by replacing your faucet and sink with a more modern alternative. Next, update your kitchen light fixtures. If you’re set on a new kitchen cabinet look, consider repainting your kitchen or investing in kitchen refacing services, which modernize your existing cabinets.
Selling Your Minnesota Home for Cash
If remodeling your home is more effort than it’s worth, it might be time to think about selling your home to a cash home buyer that’s willing to purchase your house as-is. At Bill Buys Houses, we invest in outdated, old, and damaged homes to get sellers the cash they need to move on to bigger and better things. To learn more about selling your home to a cash home buyer, give Bill Buys Houses a call at 651-270-9191 or contact us online. Our process is simple and straightforward, so give us a call!