Not all home improvement projects are created equal. Some renovations may cost a lot but not add significant value to your home. This list goes in the opposite direction: Here are some inexpensive home improvement projects that will not only increase your enjoyment of your home, but will also increase the home’s value.
High quality ceiling fans:In a recent National Association of Home Builders survey, ceiling fans ranked No. 1 as the most-wanted decorative item. If your ceiling fans are outdated, replace them with something in the $400 range—it’ll make a big difference when it’s time to sell.
Trees:Mature trees can be worth as much as $10,000 toward the value of your home. Trees also protect your home from the elements and prevent erosion.
Energy efficiency:Buyers are increasingly interested in saving energy, so any efficiency update is worthwhile. Switching from a wood to gas fireplace is a great start.
Outdoor lighting:Exterior lighting is great for highlighting the accents of your home, and you can typically expect a 50 percent return on investment.
Molding:You can finish a room with crown molding or railing for as little as $1.50 per foot if you take a DIY approach, and it’s extremely desirable among prospective buyers.
Author:Jeremy Letzelter Phone: 614-679-1522 Dated: September 30th 2016 Views: 326 About Jeremy: I have worked in sales for over 13 years. I have purchased and sold investment properties for the pa...
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Stacey was very helpful to me as a first-time home buyer. I was 24 years old and knew very little except that I wanted a house. She considered my needs and helped me plan my purchase. I have lived in my home almost 12 years and I'm grateful that I had the guidance of an experienced realtor and friend.