Increasing the value of your home might seem like a major undertaking, but it’s actually a lot simpler than you might think. There are a number of relatively small and straightforward updates you can make that’ll increase your home’s value by a whole lot more than it took to integrate said updates. And not only do these updates make your home more valuable, but they also make it look more attractive, inviting, and fresh.
Whether you’re thinking about resale in the near future or you simply want a valuable aesthetic refresher, the following updates give you a major bang for your renovation buck.
Give Love to Your Landscape
Your landscaping is the first thing people see when they visit your home, so it makes sense that updating it increases your home’s value. In fact, according to a survey by the National Association of Realtors, just six applications of fertilizer and weed control, which typically costs a little more than $300, can return $1,000 at sale.
Update Your Windows
Windows have come a long way from the drafty, double-hung versions of yesteryear. If you’re still rocking old-timey windows, consider replacing them with more modern versions that feature argon gas for better insulation and low-e coatings to reduce UV and infrared light. Doing so can bring you a 73% return on the materials and installation costs in addition to reducing monthly energy costs.
Refresh Your Front Door
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This minor update packs a big value punch, with Remodeling reporting that an entry door replacement yields a 91.3% return on investment. If you’re not ready to replace the whole door, then consider repainting it. A Zillow report found that houses with black or charcoal gray front doors sold, on average, $6,000 more than expected.
Replace Your Garage Door
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Speaking of doors, don’t overlook the power of your humble garage door to bring in major financial returns. According to Remodeling, replacing your garage door can bring in a whopping 98.3% return on your investment. In addition to increasing your home’s value and improving its aesthetic, this update will also improve the insulation you’re working with, reducing your monthly energy bills.
Update Your Kitchen
It’s no secret that a kitchen remodel increases your home’s value, but you might not realize just how minor that remodel can be. You don’t need an expensive, gutted overhaul to see big returns. By simply replacing your cabinetry fronts and hardware, repainting your trim, and updating your appliances with energy-efficient models, you can increase your home’s value by more than $15,000, Remodeling reports.
Smarten Up Your Home’s Security
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Thanks to the exponential rise in home security technology, more and more buyers are looking for homes with smart technologies that enhance their safety. In fact, according to a Coldwell Banker 2018 survey, these smart safety gadgets top most buyers’ lists of technology they’re seeking in a home. So, adding devices like high-tech security systems, fire detectors, and door locks can increase your home’s resale appeal in a major way.