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10 Easiest Home Upgrades to Increase House Value

By David Glenn

Whether planning to sell the house, have it rented out, or simply for personal satisfaction, a little renovation and upgrade is always necessary to help increase its market value. In order to boost a house’s value in the market, it is first important to learn what prospective buyers or tenants are searching for in a house. For most homeowners, the biggest concern is usually the budget required for upgrade, renovation and home maintenance.

The great news is that there’s no need to spend thousands of dollars for home improvements. Just follow these 10 tips for the best home upgrades to add value.

1. Knock down a wall and go for open concept.

Not only will it create an illusion of a bigger space, but it is a home design trend that is very much in demand today. Just make sure to have the wall assessed for possible electrical wires housed behind it before hitting it with a sledge hammer.

homedit.com

homedit.com

2. Make the kitchen area workable.

This means making the kitchen area a functional place where you can actually cook a decent meal. Update faucets, fix leaking pipes, buff the counters and repaint cupboards and cabinets. It is not necessary to replace everything with a new kitchen system. Simply repaint worn out furniture and replace outdated knobs with modern handles to make it look more expensive.

shutterstock_254969464

3. Brighten up the bath.

Bathrooms are among the most important considerations for many tenants and prospective home buyers so it is pertinent to get this area of the house right. Buff up the tiles and replace the faucets, shower heads and toilet seats. There’s no need to replace all the tiles, just those that are cracked and chipped. The trick is to find the right cleaning agent that can help whiten the tiles to make it look good as new.

centsationalgirl.com

centsationalgirl.com


4. Add more storage.

If there’s an extra wall or area of the house that does not seem to have any function, add in a laminate closet system or have a carpenter install small built-in cabinets, racks or pantries. Making every extra space of the house functional will help make it look more livable.

cotedetexas.blogspot.com

cotedetexas.blogspot.com

5. Turn that extra space into an extra room.

A house with a lot of rooms will always look impressive when advertised in the market. If the house has a huge attic, a den, or extra space that can be turned into another room then by all means, fix it up to look like an additional room. Simply add in a built-in closet and a window and it should be good to accommodate.

apartmenttherapy.com

apartmenttherapy.com


6. Update the lighting system.

Still using an old chandelier or unflattering fluorescent lamps? Hire an electrician to place some decorative lighting fixtures or dimmers that will give the house a more modern feel and mask any unflattering curves on the walls and ceilings.

cedarhillfarmhouse.com

cedarhillfarmhouse.com


7. Buff the floors.

The moment a buyer or tenant steps inside the front door the first thing they will notice are the floors. Tiled or hardwood floors need to be buffed till it sparkles. Carpeted floors need a touch of professional carpet cleaning to make it look, smell and feel brand new. Hiring professional cleaners is a small investment compared to the big impact it will make.

ehow.com

ehow.com

8. Apply a fresh coat of paint.

Paint the walls or replace an uncharacteristic door with a rustic barn door. Choose modern color palettes to give the house a fresh new look.

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9. Add outdoor dining furniture in the front lawn or backyard.

These areas can become extended living and dining areas.

hayneedle.com

hayneedle.com

10. Hire an electrical and plumbing service to look at the overall state of the house.

It is much better to catch the problems early on than find out much later when the problem has already worsened such as replacing the entire plumbing system or rewiring the entire house.

qlook.bz

qlook.bz

This post was originally published on RISMedia’s blog, Housecall. Check the blog daily for winning real estate tips and tricks for you and your clients.

Reprinted with permission from RISMedia. ©2015. All rights reserved.

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6 Comments
  1. Only No. 8 will give you a return on your investment. The others will likely get you about 10 cents on the dollar.

  2. Great Info! This is ALL VERY important items that should be done. Buyers these days are looking for a move in ready house. If the house has to much work that needs to be done, they will move on. The new HOT colors for interior & exterior of homes are in the Grey’s & Blue’s. Hope to hear from you again. Dan Firks

  3. All except painting can be quite costly. Suggest a thorough cleaning (inside and outside, cleaning windows, replace any windows that have cracks, flowers in season in front and back, coat of paint on furniture (but keep the walls and interior neutral for not every color will fit a buyer’s sofa, etc., hire a stager, ensure all electrical, mechanical, plumbing, appiances, HVAC system are in good order, then if dollars permit, think about items mentioned above. Consider having a home inspection before putting on the market. Buy cheap pillows or spreads for bed, etc. Adding out door furniture will help to sell but not raise value of home. Increase square footage perhaps if it makes sense and is cost effective. Lacking light, take a trip to thrift store and buy an attractive light for a table. Natural light is better, but a dark room won’t help get it sold and leave a negative impression on an appraiser…may be won’t remember the room. Be creative and careful in what you do to either increase value or make home more attractive for the buyer. There is a difference, however, both are important. Don’t spend a lot of your money; just ensure there are good bones, updated within reason (kitchen and bath)maximized square footage, and attractive. Hire a stager and a home inspector. It will sell!

  4. It is so hard for a Realtor to tell a homeowner that their house just is not immaculate enough! Every corner must be squeaky clean and totally de-cluttered. Every surface must sparkle, no personal papers around, no overflowing pencil holders or such on the counter or storage on top of the refrigerator. Soiled or worn carpets are a killer. Make your house as close to a
    ” sample house ” as possible. No doilies or throws or small rugs all over the place. Fresh welcome mat at every door, remove bathroom rugs unless they are brand new or just laundered and 100% free of stains. Paint with neutral colors, white woodwork and interior doors. The lot must be totally free of any debris, well weeded.
    Driveway in good shape, it introduces the home.
    I could go on and on about utter cleanliness and de cluttering, not to mention a competetive price! Sell baby sell! Good luck! Meryl Kramer , Upper Dublin, Pa./ Weichert Realtors.

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