There are many ways you can add value to your house, but costly and complex renovations might not offer the greatest return on investment. According to the National Association of REALTORS(r), it is not always the large-ticket items that make a difference when it comes time to sell.
This list contains a wide range of home improvement projects that are perfect for weekend warriors and fall DIY. Each of these home improvements can increase your home’s enjoyment and value, as well as improve the market appeal and market value when you sell your house. These affordable projects have a high return on investment (ROI).
1. Lawn maintenance and upgrades
Think of how much curb appeal your home has to do with the state of your lawn. Many homeowners spend their weekends mowing the lawn in spring and summer. In fall, however, they tend to concentrate on leaf removal and raking. Make sure you properly aerate your lawn before it is ready for hibernation. You can cover the planting beds with straw or mulch and make sure that irrigation systems are drained and ready for winter.
2. Install a new tree
According to the Arbor Tree Foundation, fall is an ideal time to plant new trees. Fall planting provides an additional growing season to avoid the heat of summer and promotes root growth. According to the USDA Forest Service, healthy, mature trees can add an average of 10 percent to a home’s value, as well as providing insulation and home energy savings. Planting a tree in the fall can pay dividends for many years.
3. Enhance your curb appeal
There are many ways to improve curb appeal, including simple and inexpensive upgrades. You can paint the front door in black (a color that has a high return on investment), replace the street numbers and mailboxes, or power wash the steps. A garage door can make a huge impact on your property and it will almost pay for itself when you sell.
4. Upgrade your outdoor space with a firepit
Fall can be a great time to update your outdoor spaces and build a firepit for the cool evenings. It is easy to complete and can make your home more appealing as part of an outdoor renovation. You can improve the appeal of your home by adding lighting to your landscape, landscaping lighting or repairing or refinishing an existing deck, terrace or terrace.
5. Install an elegant wet bar
You may remember the giant 1970’s rec-room bars, but today’s wet bars are sleek and chic. There is likely to be space in your coat closet or other unused space where shelving, a small counter, sink and an under-counter wine refrigerator can all fit. This adds a beautiful accent to your home and simplifies the process of serving guests.
6. Remodel your closet
Redesign or reconfigure existing closets to increase appeal and ease of use. To convert a step-in closet to a walk-in, knock out a wall or borrow space from the bathroom to make two closets. For a unique design and maximum space utilization, you can install an updated organization system in an existing closet. Upgrade lighting and finishes to create a luxurious look.
7. Refinish or repaint cabinetry
If you don’t have enough money for a complete kitchen remodel, the cabinets are the best option. You can find design inspiration and how-tos online and give your kitchen a facelift with cabinetry. It is important to take the time to finish the job correctly and allow the cabinets to dry completely before installing new hardware or replacing them with fresh paint.
8. Repaint the interior
Repainting your home’s interior can make a big difference in how buyers view your home and your own perceptions. NAR’s survey found that repainting improves homeowners’ enjoyment of their home and adds value. To make your interior more attractive to potential buyers, choose a neutral color. If you don’t have time or the energy to paint the entire interior, just start with the foyer or entryway.
9. Replace outdated fixtures and finishes
If you are looking for an easy and affordable way to update your home’s interior design, replacing outdated fixtures and finishes might be the best option. Replacing mismatched outlet covers and light switches with neutral designs is a good idea. You can replace your old interior door hardware with modern, cohesive finishes throughout. To give your space a modern feel, replace cabinet hardware, update lighting fixtures and change out faucets.
10. Install smart home upgrades
Smart upgrades to your home can help you save energy while you live there and give you a WOW factor when you sell. Begin with smart light bulbs and door locks, then move on to a smart thermostat and security system. For a more seamless, integrated and enjoyable smart home system, plan ahead.
Not sure where to begin? You don’t know where to start? Your real estate agent can help you prioritize what buyers want in your area. Contact us to find out the current value of your home and what smart upgrades can be made to improve it.