Your home is a big investment and something you constantly want to increase your equity in. One way to do that is to improve various aspects of your home.
To many Americans, they think “I don’t have the budget” or “I don’t want contractors stomping in and out of my house for months.
Well, the good news is with so much information and DIY tutorials online, many homeowners can make many improvements to their homes themselves. In 2015 alone, 65% of survey respondents stated that they had plans for home improvement projects and that it would be of the DIY variety.
Whether you’re looking to sell soon or simply want to add more value to your home over time, there are several small, low-budget projects you can do over the course of a few weeks that have amazing ROI.
Mini Kitchen Upgrade
For many potential homebuyers, the kitchen is the most important room in the house. It should be both functional and welcoming.
Kitchen renovations can be notoriously expensive but there are a few simple upgrades you can make for just a few hundred dollars. They include replacing the faucet, changing out the cabinet hardware, and adding more light to the kitchen with new light fixtures and energy-efficient light bulbs.
If you have a slightly larger budget and ugly cabinets, look into getting the cabinets resurfaced and repainted.
Install a Security System
If you have an older home, you might not have a security system installed. While it might not seem important if you live in a rural area, installing a comprehensive security system can increase your home’s value.
The good news is there are plenty of security systems to meet any budget. The typical range is between $332 and $1,042.
Trim the Hedges
Your landscaping will play a huge part in a potential buyer’s first impression of your home. Making sure you have appealing landscaping will not only draw buyers in but also make your home more enjoyable to come back to.
You can also add strategically placed shrubs to cover up HVAC systems or other unsightly parts of your yard.
Landscaping can impact your interiors, too. By trimming back tall bushes or removing branches and trees, you can allow more light into your home, making it appear more open.
Like the kitchen, you can make small improvements to your bathrooms without spending tons of money while adding value to your home.
Cleaning the grout, replacing frosted glass with clear glass, installing a new toilet seat, and changing out the sink for a pedestal one are all great examples of small projects that get high ROI.
Wall to wall carpet can get really nasty really quick. The dinginess can dampen the overall aesthetic you have in your family room or bedroom.
If you have wall to wall carpets in parts of your home, one of the easiest home improvement projects you can do is deep clean your carpet. You can either hire a service or rent a deep clean vacuum for a small amount of money.
Cheap Home Improvement Projects for High ROI
Just because your home improvements project are done on a dime doesn’t mean they’ll return a dime in value. All of these projects add more value to your home and can fetch you a higher price when it comes time to sell.
If you want to know other areas of your home you can improve, try out this maximum value home audit.