Cost-Effective Ways to Increase Your Home Value That You Can Do Yourself

There are many cost-effective ways to increase your home value without spending a lot of money. You can do many of these projects yourself to save on labor costs. All it requires is some materials and the time to research ideas and how-to's.

The External

The first thing people see is the outside of your home. You can make a huge impression with just a little bit of work.

Paint your home

A fresh coat of paint on the exterior of your house will give it an instant facelift and can be done for a fraction of the cost of other projects. Choose a color that compliments your home's style and neighborhood. Standing out can be great, but not if it's for the wrong reasons.

Pressure wash your home's exterior

Pressure washing is a great way to remove dirt, mildew, and algae that can build up over time. This is a job that can be done by most people with some basic DIY skills. If you don't have a pressure washer, you can rent one or ask a family member to borrow one for the day.

Repair cracks in the driveway, pavement, or walls

This is a relatively easy and inexpensive project that can make your home look much nicer. Cracks happen over time, there is nothing you can do about it. However, it does give the impression that your home is old and not maintained. It's simple to improve the appearance and perception by repairing them with material found at any hardware store.

Landscape your yard.

A well-landscaped yard can add to the value of your home by increasing the perception that it's a newer home thanks to fresh plants and flowers. Flowers and bushes can be purchased cheaply or grown yourself but will require the proper amount of sunlight and watering. To save time, labor and money, learn how to do it yourself.

The Internal

Update your kitchen & bathroom cabinets

This is a project that can be expensive and time-consuming, but adds significant value to your home. Kitchens and bathrooms are initially large investments, but can quickly become outdated as style, taste, and design inspiration changes over time. Keep it simple, don't follow the newest trends but focus on classic and simple designs that allow you to make periodic maintenance and updates.

Update your other furniture

Sometimes all they need is a little bit of sanding and painting. Take the time to research ideas and design styles that you like, and see how you can give your existing furniture a new look. For sofas, mattresses, and carpets, sometimes all they need is a very good cleaning.

Change or paint your light fixtures

Lamps and light fixtures are generally attention-getting components. This is why changing them is a very inexpensive and quick method to drastically improve the appearance of your interior.

Declutter to keep things out of eyesight

Keep the objects you use on a daily basis hidden. To keep your table clutter-free, add a basic basket for your keys, loose change, and wallet. This is an easy-to-do solution that will tidy up your table while also giving it the appearance of a designer piece rather than a functional item.

Other more expensive ideas

  • Install a new roof. This project is expensive, but adding a new roof can increase the value and the energy efficiency of your home.
  • Replace old windows and doors with new, energy-efficient ones. Replacing old windows can save you money on your energy bills and increase the external perception of your home. Interior doors are much easier to do with some fresh paint.
  • Replace all of the appliances with new ones. These are good long-term investments that will save you time, money, and most importantly, improve your quality of life. A bigger fridge means less time spent shopping. A larger washer consumes less water and saves more time doing laundry. Dishwasher technology allows for more family time, thanks to less time spent cleaning.
  • Expanding your yard, adding a pool, or adding a playset for the kids all expands your space and can make your garden more functional. This gives you more room to host family and friends so you have more time to spend with those who matter most.
  • Building that additional room, bathroom, or apartment in your yard that you always wanted can also help you in converting your home into your dream home.
In conclusion, home renovation doesn't have to be expensive. There are many cost-effective ways that you can improve your home value without breaking the bank. All it takes is a bit of creativity, some elbow grease, and sometimes just a little bit of money. With these tips, you'll be on your way to increasing the value of your home in no time!
But if you want to really make the bigger changes that truly get you the dream home you always wanted, Aruba Bank offers mortgages specifically designed for home renovations. Our Mortgage Advising Specialist can guide you step by step and help you make the right investment and to start living in your dream home in 2022.


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