If you are planning on selling your house or renting it out, making small improvements could add more value to your property. It could help you get a higher price for your home. Here are some small home improvements that increase value without spending a lot.
How do I increase the value of my home?
Start with the paint
While making improvements to sell your home, it would be good to start by getting it painted. It will not cost much but will make your home look like it is new, clean and fresh.
Make sure you choose bright, but neutral colours that will appeal to a large number of potential buyers.
Upgrade appliances
Sprucing up or replacing a few appliances in your kitchen could be a good way to add value to your property. Noticeably clashing or mismatched appliances are often a problem for attracting potential buyers.
For example, a stainless-steel refrigerator might clash with a flashy yellow microwave!
You can start small by buying a new microwave that complements the other appliances in the kitchen. Just one simple change will make a big difference to how the buyers perceive your home when they come to view it, on an open for inspection meeting.
Replace light fixtures
Replacing light fixtures is one of the cheap ways to increase home value and get a higher return in terms of better property value or rent.
Upgrading light fixtures will give your home a lift by making it look brighter and modern. You can also consider replacing the outlet switch plates.
Don’t miss the doorknobs
Replacing old doorknobs on kitchen cabinets and around your home will add a bit of flair to your home.
A simple upgrade by changing the doorknobs will cost only a few dollars. But it will make a big difference simply because the doorknobs are something the buyers will have to touch and eventually notice while checking out different rooms.
They will really like it when they find the doorknobs in good condition allowing smooth opening and closing of the doors or cabinets.
Consider bathroom upgrades
A bathroom is a place that most buyers like to be exceptionally clean. You can add more value to your home by giving the bathrooms a makeover. Small upgrades like changing the taps can earn a higher return on investment.
Change the door
If you are ready to invest a little extra, a quick change of the doors, especially the front door, will do wonders to the overall appeal of your home. It will make a first good impression and increase the chances of attracting potential buyers.
Replace worn-out rugs
If the carpets and rugs in your house have worn-out, consider getting them replaced before you put up the advertisement for renting or the sale of your house.
Nothing can turn off your potential buyers more than the sight of torn out rugs. The thought that they will have to replace the floorings can also repel them. So, make sure you have replaced the worn out or stained rugs when you plan to sell or rent your house.
Plant a Tree
If you are planning to sell your house or give it for rent, you can improve the landscaping by planting trees and refreshing the flower beds. Even small pots of flowering plants or bushes will help your house look attractive, soothing, and pleasant. Planting shade trees is also a good idea to make your home look more desirable. And there is nothing like a well keep lawn and front garden to enhance the kerb appeal of a home.
However, if you need to sell or rent your property within just a few days, you can try alternatives like buying potted plants. Having one or two potted plants in the living room will add appeal to your home. These are cheaper ways to add value to your home and get better rent for your property.
Spend an hour with an expert
Before you rent your home or put it up for sale, invite the realtor or an expert interior designer to check your home. Most realtors do this for free as a courtesy, while a designer might charge nominal fees for consultation and visit.
Just within an hour, they will be able to give you a lot of ideas and tips for improving your house with little cost. Even small improvements like the placement of furniture will improve the look of your home considerably.
If you are looking for how to increase the value of your home Australia, you can try these simple tips and tricks. Making small improvements will add a significantly higher value to your property and enable you to attract potential buyers with ease and within a shorter time.
If you plan on selling your home in the Newcastle area, Arnold Property would be happy to provide you with an appraisal from out property experts. You can book an appraisal request online or call us on 02 4969 2600.
