You've probably heard the adage "It's the little things that matter the most" multiple times before, and it's especially relevant when it comes to house value.
If you're in the business of flipping houses, the ultimate goal is to gain the maximum return on investment in the least amount of time, and DIY projects can help to accomplish that goal. Of course, you can also utilize a similar approach if you're a homeowner looking to sell your property at the best possible price.
Or maybe you're a first-time homeowner without the necessary budget to make full-scale renovations. No matter what circumstances you're operating under, here are a few cost-effective home improvement tips that will increase your property's value.
Painting is one of the most basic improvements that you can do to any property. It's easy to do, affordable and massively valuable.
One gallon of paint costs, on average, between $15 and $30, and related tools like rollers, tapes, brushes and drop clothes cost are relatively inexpensive, as well. Focus on rehabbing walls that might have old wallpaper, undesirable colors — like violet or dark brown — or preexisting paint that has faded. You can also paint cabinets, drawers, furniture and other features that might need a refresh.
Most people prefer neutral colors like beige, select shades of gray and even light blue!
You need to pay attention to curb appeal when considering a home's value, as people often form important notions about a home before they even step through the front door.
While decks and porches will cost you a decent amount of money, you can enhance your home's exterior with some selective landscaping modifications. If you have pre-existing garden beds, you can plant some low-maintenance greenery to appeal to more people. Focus on shrubs and other colorful plants that flourish in your region, as many folks might be turned off by temperamental flora that has specific requirements.
Revitalize your lawn, too, either by hiring a landscaping service or installing beautiful turf grass.
You could also plant a tree in your yard, which could pay off in the later if you decide to sell down the road. In particular, a shade tree, if properly treated and positioned, can be beautiful and practical for your home — they can cut your cooling costs by as much as 40 percent.
3. Renovate the Kitchen and Master Bathroom
Real estate companies like Trulia routinely hail the kitchen and master bathroom as the two most valuable areas of a home.
If appropriately updated, the value of your home can skyrocket. However, a lot of sellers and renovators balk at the astronomical prices some renovations can reach. You don't have to tear down the entire room, though — you can make valuable improvements with small expenses.
Painting is useful in both of these rooms, as is replacing lighting fixtures and handles to meet popular tastes. If you can swing it, you would also benefit by renovating countertops and vanities.
4. Install DIY Crown Molding
Crown molding can make a room stand out by framing it and adding detail. It's incredibly flexible, as you can apply variations of it throughout your home in different ways.
Real molding, typically made from solid wood and plaster, is quite expensive due to the material, the skill necessary to craft it and the time it takes to install. It's frustrating and by no means practical, and its disadvantages may cancel out the value it carries.
However, there's a better way to gain those advantages without torturing yourself. Focal Point Products produces multiple lines of faux crown molding, which emulates the look of genuine pieces while remaining cost-efficient, easy to install and visually appealing.
Our system consists of clips and panels, which you can install in a single afternoon. You can even paint the molding panels to match any look you want.
Increase Home Value by Ordering Molding Kits From Focal Point
Your house has hidden potential, and our faux crown molding kits will help to unlock it with little damage to your wallet. We offer four designs that can span a range of styles, and we have various widths that will look good in rooms with different dimensions.
If you'd like to know more about our kits, contact us today!