4 Ways To Increase Your Property Value With Home Improvement Projects
Updated: Nov 15, 2022
Introduction: How to Increase Your Property Value with Small Home Improvement Projects
There are many different ways to improve the value of your property, and all of them start with the home itself.
Before you can sell or rent out a property, it needs to be attractive to potential buyers and renters. (if you are thinking about renting your property, check out our article on 5 tips for managing a residential property.)
This means investing in small home improvement projects can make a big difference in the way your house looks.
Improving your property value doesn’t have to be expensive or time-consuming, however there are some big investments you can make that go a long way. We cover both ends of this spectrum in this article. It’s important to note you can make significant changes with a few simple investments and some elbow grease.
Home Improvement Project 1: Heating & Cooling Upgrades
This project is a fairly simple one. It will involve updating your home’s heating system and installing an air conditioner. This can help you save money on your energy bills by using a more energy efficient heating system and giving you the ability to control the temperature in your home with the push of a button.
Besides just being more efficient, an updated heating system will also provide better-quality heat for your home. TrustHome Properties are saying that this is because it will be able to distribute heat evenly throughout the house instead of just blowing hot air into one room or area.
The installation of an air conditioner can be done at any time during this project, but we recommend installing it before winter starts so that you can enjoy its benefits all year long!
This is a huge benefit to prospective buyers and renters. Knowing the home is dependable heated and cooled adds a lot of value in the form of peace of mind.
Home Improvement Project 2: Add a Sliding Door to Your Space
Sliding doors are a great way to add an extra bit of space to your home. They are also a good choice if you want to keep the view from your windows unobstructed.
Sliding doors are typically made from wood, aluminum, vinyl, or fiberglass. They can be installed in any kind of opening that is wide enough for them to pass through. Think of areas where doors open obstructively like a hallway, or a second doorway.
Home Improvement Project 3: Revamp the Kitchen
With the help of a home improvement project, you can turn your kitchen into a modern and stylish place. The kitchen is the heart of any home. According to these Phoenix property managers a well-designed kitchen will make cooking and entertaining more enjoyable. And with the help of a home improvement project, you can turn your kitchen into a modern and stylish place without spending too much money a few ideas:
Add a backsplash, whether its peel and stick, or a tile backsplash. Updating this will add a lot of dimension to your kitchen and give it a fresh, finished look.
Replace your old light fixture with a sleek pendant light in chrome or brass finish to make great contrast with the backsplash and countertops
Replace your old chairs with modern chairs
Replace your cabinet hardware
Home Improvement Project 4: Update Exterior/interior Surfaces
A great way to give your home a new look is Paint. When painting the exterior of your home, you want to make sure that you choose the right paint color. It should be in line with your home’s style, but also complement its surroundings.
There are many exterior paint colors to choose from, but it can be helpful to look at examples of what other homeowners have done. Here are a few examples of exterior paint colors for different styles:
Traditional: A muted gray such as Benjamin Moore's "Cloud Blue" or "Gray Owl"
Contemporary: A bright white such as Benjamin Moore's "White Cloud" or "Crisp White"
French Country: A soft blue such as Benjamin Moore's "French Gray" or "Mossy Green"
Painting is a relatively simple way to make a big difference.
As stated, a little bit of home improvement goes a long way. It can be just as beneficial to your property value as a major renovation. So if you’re considering doing some work on your home, think about what you can do to make it look good without breaking the bank, and if you are in a position to spend more, consider the areas that are of most benefit to prospective buyers.