Adding Value To Your Home (3 Easy Upgrades)
Posted by: Samuel Hirshfield on March 22, 2013
Here is a list we have compiled of 3 simple solutions for increasing the value of your home.
1. Build that deck.
You probably wish it was there anyway. A deck is a simple, inexpensive way to build value back into your home. According to "Remodeling Cost vs. Value Report for 2007," over 85 percent of your wooden deck's cost can be earned back if you sell your home, compared with 78 percent of a bathroom remodel and 68 percent of the addition of a family room.” This is a significant gain for so simple a task! One trip to The Home Depot will equip you with all you need to install a beautiful deck, even if you are an inexperienced builder. Better yet, you need only purchase the materials for your deck as all of your building tools and equipment, from post hole diggers to backhoes, can be rented at a reduced cost.
2. Landscape. Landscape. Landscape.
Oh, and did we mention landscaping? Grooming your garden is a task that easily falls by the wayside when preparing to sell your home. With so many internal renovations going on, one can see why it would be easy to neglect. But consider this- a buyer is five times less likely to view the inside of your home if they are not attracted to the outside. Enhancing the curb appeal of your home is fortunately an easy fix. You can rent a backhoe (or skid steer) and add a walkway in a weekend or install your own privacy trees. These small improvements will have a big impact on the marketability of your home.
3. Let there be light.
You've been in those rooms before. The ones that make even the most easy-to-please person feel a little claustrophobic. You don't have to live with this room, however, and neither do your buyers. The cramped feeling in a room can easily be remedied by the addition of light. Studio lighting can be very efficient in these cases, as studio lights don't take up any additional space in the room. You may also choose to install a window, although this solution may not prove to be as cost effective.