Home value has been a rough problem a lot of people have struggled with in the last year. They want to boost their property's price before they try to sell it, but with a slowed market and pickier buyers, it's harder to feel like they're in control of its value.
When you're ready to push your home's price higher and build real utility into it, it's time to stop and consider these renovations!
1. An Incredible Mini Kitchen Remodel
Your kitchen could use a boost! Mini remodels offer a far higher return on investment than any full remodel and let you save some money while you're at it. Pick a couple of areas of your kitchen that really need work, like your counters, walls, or your appliances, and focus on those.
An in-wall demo involves removing walls to create an open floor plan that maximizes the use of space and allows for better flow between rooms, this can be a DIY project with the right tools and materials. When you're doing an in-wall demo as part of your kitchen renovation, it's a good time to upgrade your drywall corner beads as well. In-wall demo involves removing walls, which means that new drywall will need to be installed. By choosing the right types of drywall corner bead, you can ensure that the finished walls have a professional, durable look that will last for years to come.
2. Boosting Natural Light Throughout
Natural light is one of the best ways to boost your home's value without having to spend more than a thousand dollars per change. Adding a window can cost between $100 to $600 per window and will make your entire home feel larger and more expensive. Buyers enjoy the idea of seeing the natural world around them from any angle and will be under the impression that their home is larger than it really is.
Make sure to still have blank walls that can be used for televisions or furniture to avoid alienating people who want an entertainment space.
3. Adding More Organic Colors and Materials
Earthy tones are in style in 2023 and can be seen in everything from the paint colors to wood stains and even the fixtures and hardware in most rooms. Going for more copper colors, using natural wood colors, and even using beautiful stone veneer interior walls can increase how natural and earthy your home feels.
This will increase interest from buyers and allow them to feel at home in a property, even if this is the first time they've visited it. Avoid using yellow-toned wood, or gray paint, since these have recently been associated with low-quality house flippers and landlords and can leave a bad taste in buyers' mouths.
4. Pull Eyes to What You Want Them to See
You can't guide buyers to look at everything you want them to and ignore what you don't want them to think about: but you can show them. By using clever items like crown molding on kitchen cabinets, you can draw eyes upwards and make rooms feel taller and more spacious.
You can take this further by using mirrors across from windows or by using full-length curtains that are far taller than your windows to make the room feel larger.
5. Invest in Energy Efficiency
Energy efficiency is more than just a buzzword! It's a key feature most buyers are looking for in 2023. Not only does it mean their home will be greener, but it also means they can save some money every month, with a far lower energy bill than they'd deal with otherwise.
To make your property more energy efficient, it's important that you stop and look at the details. How well-insulated is your home? How old are the siding and roof? If these are older, they tend to let in more weather and temperature fluctuations, which can lead to far more expensive heating and cooling bills.
Check your windows and doorways to ensure they’re not letting any air through, and consider swapping to a smart thermostat so you can keep up to date on when the temperature shifts a lot.
6. Reduce Sound Pollution
Sound pollution is one of the most frustrating things to deal with as a new homeowner. Not only do you have to deal with settling in, but you can hear almost every sound that's coming in from traffic, nearby businesses, and your neighbors all at once. To nip this in the bud, it's a good idea to invest in acoustic wall panels before you list your home.
When buyers do a walkthrough, your home is usually at its quietest inside, so if there are exterior sounds, they're going to hear them. Invest in soundproofing so their walkthrough can be silent, and they can enjoy peace and quiet when they move in.
7. Replace and Update the Details
The details are what will carry a remodel. Not only will updating these smaller things allow you to take your entire home to another level without having to pull out heavy machinery, but it will also make the space feel more luxurious without spending a ton of money.
This could mean simply finishing and sealing your basement floors, or it could mean replacing all of the light fixtures and outlets throughout the home. Pick what works for you.
Every Home Could Use an Update
Whether you're struggling to picture what your home could look like when renovated or you're just unsure about what will boost value, you're not alone. Consider some of these renovations and updates, and watch your property's value go through the roof.
Roger Marx is a freelance writer that loves sharing his knowledge and expertise on the latest trending building and design products. He lives in Minneapolis, Minnesota where he enjoys spending time with his wife and working on backyard projects in his spare time. Roger’s work as a freelance writer can be found on Building Product Advisor, a new construction industry resource site.