At times it can be expensive to simply maintain the biggest asset most people will ever own: their homes. Keeping this fact in mind, here is a list of ways to increase your home’s value without breaking the bank.
- Hiring an inspector could be the most cost-effective thing you ever do. This is true if they find a small problem that could morph into something much bigger down the line, such as a termite infestation or a water leak.
- Tremendous value is added by simply painting a room.
- Energy efficient homes that feature items such as special windows and/or programmable thermostats, save you money and are a marketable asset if you do need to sell.
- Landscaping improvements in the form of large shade trees make homes more desirable. They can also cut your cooling costs up to 40%.
- Improve your home’s air quality by replacing old carpeting, or removing it entirely if you are lucky enough to have hardwood flooring underneath.
- By adding a small luxury item such as a water filtration system, you are adding value to your home and saving yourself money since you will no longer need bottled water.
- Replace old fixtures such as an old ceiling fan for a newer, more updated-looking model. It will make your home more pleasant on hot days, and will appeal to buyers if you need to sell.