About 86% of home buyers preferred purchasing previously lived-in homes. But with an average of about 4 million “used” houses sold every year, you need to set your home apart from others and increase its value if you’re planning on selling it. One of the best and most cost-effective ways of doing this is by making some renovations.
Making upgrades to your home’s building materials, layout, and size can make it more appealing and have a huge difference when it comes to resale value.
But renovations can be time-consuming and complicated, especially if it’s your first time. Luckily, with the help of custom home builders, there are some simple things you can do without breaking the bank.
Increase the Value of Your Home in 8 Simple Ways
Here’s a list of budget-friendly home makeovers that’ll increase your home’s value.
1. Upgrade Landscaping
Curb appeal matters when you’re selling your home. It’s the first thing home buyers notice before they see the house. Attractive landscaping indicates that your home is well-maintained and it can add up to 28% to your home’s total value.
You can buy drought-resistant plants and flowers which require less maintenance to accentuate your walkway. Also, you can decorate the backyard with lanterns and fire pits to create a serene space for the ultimate relaxation.
Don’t forget to mow the lawn, prune shrubs, and apply mulch to increase the appeal of your outdoor area.
2. Open Up the Floor Plan
One of the most common things that home buyers look for is adequate interior space. Homes with big floor spaces allow for natural lighting and custom interior design. Knock out the right walls to create spacious rooms for your potential buyers.
However, before creating space in your home, consult professional home builders/remodelers. In some states, it’s illegal to undertake this project as a DIY.
3. Get a New Paint Job
A new coat of paint will refresh the look of your home and boost its value. Depending on the condition of your home, you can decide on whether to repaint the whole house or just focus on a few rooms.
When choosing the paint colors, consider picking neutral shades since they’re more appealing to home buyers.
4. Upgrade the Kitchen
Research shows that a minor kitchen remodel had a 77.6% return on investment (ROI) in 2020 – so you don’t want to neglect the kitchen. You can hire custom home builders or remodelers to repaint the kitchen, apply a faux-wood finish to your cabinets, fix new tiles, and do any other type of remodeling you may want.
For your kitchen remodeling, you can never go wrong with stainless steel appliances. Most buyers are enchanted by the sleek look and durability of steel in their kitchens.
Other notable additions that may catch the buyer’s eyes include a pot rack, a hanging wine bottle holder, and a rolling island.
5. Revamp the Bathroom
With a 64% ROI, ensure you remodel your bathroom with modern features. You can install a shower with body sprays and stone tile to increase its desirability. Fix overhead lighting to add warmth in the space and place the faucet to make your bathroom have a relaxed feel. Finish the renovation by adding undermount sinks and using granite or marble for your countertops.
6. Update the Electrical System
If you’re living in an old house, consider updating the electrics before selling. Modern electrical wiring gives homebuyers a sense of safety. It’s also compatible with modern appliances.
For your old house, replace your old fuse box with a modern consumer unit with an RCD (residual circuit device) for safety. You can also add extra sockets and switches with attractive faceplates.
7. Upgrade the Plumbing System
Homebuyers typically ask and check for running water to evaluate the plumbing system. If you have old pipework, there may be some rattling sounds that’ll scare them away.
When upgrading, consider a pressurized plumbing system rather than a gravity-fed one. This is because it doesn’t use a header tank, freeing up space in the plumbing unit. You can also put up a combination boiler to attract buyers who like hot showers.
8. Fix the Driveway
Hire professional home builders to replace the concrete or asphalt with European-style paving stones and enhance the value of your property. If you have a tiny driveway, consider reducing the garden size to increase the parking spaces on your property.
Get the Best Resale Value of Your Home with Oberer Homes
Looking for custom home builders to renovate your home?
Look no further than Oberer Homes. We’re the best home builders in Dayton, Miami Valley, Bellbrook, Centerville, and surrounding areas in Ohio since 1949. We’ll help you renovate your old home into a modern move-in-ready home that’ll sell for higher market value.
Contact us today for quick and affordable home remodeling.
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