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HomeBusinessHow to Increase Your Home's Value Without Spending a Lot of Money?

How to Increase Your Home’s Value Without Spending a Lot of Money?

Are you a homeowner looking to sell your home at the best possible price? Even though the real estate is booming in Pensacola, with some cost-effective upgrades, you can increase your home’s value and get some extra bucks than what the current market can offer. Let’s know more. 

If you are planning to sell your house, here’s the good news! Pensacola market trends indicate an increase of $11 in the average price per square foot. The average sales price is close to $345,000. But this also indicates higher competition in the market. With thousands of homes available for sale in Pensacola, your property must stand out to attract more and more customers. So what can you do?

By making some upgrades that increase its appeal, you can merit a higher selling price for your property.  In this article, we have shared some inexpensive ways to improve your home’s value. 

Cheap Ways to Increase Your Home’s Value

1. Paint It Fresh

Fresh paint can do wonders for your home. It is a quick and inexpensive way to increase your home’s value. Visitors visiting your home will love your new-like walls. However, avoid choosing dark shades. Your best bet is to pick neutral colors. Such shades will attract a greater number of potential buyers. But here’s the catch – not every neutral shade will do. A study by Zillow found that it’s best to avoid using darker interior colors such as terracotta and dark brown. Using these colors for your home’s interior might lower the value of your house. Homebuyers usually don’t care for these colors.

2. Deep Clean

Cleanliness is something potential buyers consider on top. Ask yourself, is your home clean enough to sell? Deep cleaning is what you should invest in. You can either use your own elbow grease or hire professional cleaners. While you may be involved in regular cleaning chores such as dusting, vacuuming, and moping, you should deal with rarely cleaned areas including baseboards, vents, cabinets, doorknobs, switchboards, and blinds. Also, do not forget to steam-clean the carpets, replace any broken screens or windows, and wash the walls and windows.

3. Play with the Lighting

Having lighting in your home not only adds to its interior but brightens up the living space also. However, homeowners often overlook this purpose and buy lights that just look good. A brightened home also appears more spacious. Adding the right light to your home creates more depth to your rooms making them look big. Plus, the right outdoor lighting increases your home’s safety. 

If you want to increase your home’s value and drive more potential buyers, upgrade your light fixtures to make them look modern and useful. Also, update your light switches. You can add light fixtures that look attractive and even brighten up your home, such as a chandelier.

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4. Spruce Up Your Kitchen

You will fail to attract potential homebuyers if your kitchen area isn’t appealing. Yes, the kitchen is the first place buyers visit during an open house. Since it is that corner of a house where they cook and socialize with their friends and family, they expect it to be the best-looking space.  Hence, renovating your kitchen and making it a better entertainment space for the guests can increase your home’s value drastically. 

Consider spending a few hundred dollars to install new door handles, kitchen faucet set, and lighting fixtures. If you can manage to invest some extra, you can paint the cabinets to make them look brand new.

You can also replace the appliances in your kitchen with the latest ones. If you are tight on budget, you can buy replacement parts. Also, if your appliances are of different colors, you can consider replacing them. Choose neutral colors such as stainless steel or white for consistency. Matching appliances will give your home a sense of order and appeal even more to potential buyers. 

5. Consider Upgrading the Appliances

Replace your existing appliances with energy-efficient ones. Doing this will reduce your utility bills and will increase the look of your home. Such upgrades will also offer more appeal to potential buyers. Come on! Who wouldn’t want to lower their costs as a homeowner? 

6. Renovate Your Bathroom

Renovate Your Bathroom

Bathrooms are the areas in your home that should always feel fresh and clean. This is another area in your home where making minor changes can enhance your property’s value. Seeing your bathroom should make buyers feel like they are at a spa. 

Consider installing a new toilet seat, rugs, and a fresh shower curtain. All these can go a long way in making your outdated bathroom feel new. Adding vanity cabinets can give your bathroom a nice makeover. Remember, a modern-looking bathroom will give buyers a peaceful feeling making them more interested in buying your house. 

Moreover, clean your bathroom on a regular basis as bathrooms tend to grow mold due to moisture. You can also add marble or granite counterparts to your bathroom as they are cheaper than installing them in the kitchen. Wow, your buyers by installing heated flooring, and you can keep your feet warm on those cold winter nights till you own the home.

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7. Freshen Up the Curb Appeal

Your home exterior is what potential buyers will come across the moment they visit your house. Hence, it should be beautiful, clean, and new. Hence, maintain the landscape, indulge in pruning the grass and pathways, and trimming the overgrown plants on the lawn. Replace old dead plants with newer ones.  Consider repairing the patios and garage door, if required. 

Wrapping Up

Your only intention in selling your home is to pocket some profit. Taking good care of the property and beautifying it in and out can serve the purpose. We hope these simple, budget-friendly tricks will help you update your home, enabling you to push your earnings potential to the upper limit.

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