Renovating your entire house is a significant investment that can dramatically boost your property’s market value. It’s an excellent project to undertake if you plan to sell your home one day because it provides an opportunity for better profit.
However, it might involve plenty of money, and you may need more preparation.
If you still need more time, there are small changes you can make with a significant impact on your home’s value. In this guide, we will look at some of the best DIY projects you can do to boost your property’s worth.
Best DIY Home Improvement Projects To Boost Value
You can do many DIY projects today, even on a budget. These are some of the best ones that can significantly elevate your home’s value.
Repaint your walls
Adding a new coat of paint is one of the most transformative and affordable ways to improve your home’s value. The key is to select the right paint colours to gain better appeal.
The best options are neutral shades like whites, greys, and soft beiges. They make any area appear more spacious, breathable, and inviting.
You must also invest in premium paint products to ensure durability and longevity. These paints may be more expensive upfront, but they have better coverage and resistance to imperfections like fading, cracking, and peeling, saving you money on constant repainting.
Of course, don’t just focus your attention on your interior. If washing the exterior walls doesn’t refresh its looks, it may be time to repaint them. This step may require more helping hands, so you may need expert assistance or call friends and family.
Update your fixtures
Upgrading small features creates a significant impact not just on your home’s aesthetics but also on its functionality. New installations like door handles, ceiling lights, and bathroom faucets can spruce up your space. Aside from that, these modern replacements often come with better features, offering convenience that appeals to future buyers.
This project is significantly affordable because you can invest in one or two replacements instead of buying them all at once. For instance, you can start with all your knobs and then proceed to your lights later on.
Retile your bathroom
Home DIY enthusiasts love renovating their bathrooms because of the small size. It provides numerous opportunities for inexpensive and manageable projects that significantly impact a house’s overall value.
Retiling your bathroom floors is one of the most effective projects you can do to elevate your home’s appeal. New tiles provide a modernised and sleek appearance that future buyers may find attractive.
You can opt for the classic white tiles or go with ones that complement the space’s style. However, fresh tiles boost your home’s value regardless of your chosen design finish.
Spruce up your kitchen
The kitchen is often considered the heart of every home. That’s why potential homeowners prioritise looking at the kitchen when viewing their desired houses.
Kitchen renovations offer a high return on investment (ROI) compared to other areas at home. A significant kitchen remodel is costly, but there are impactful, small-scale projects you can do to elevate your property’s appeal.
Upgrading key features like cabinets, countertops, lights, faucets, and floorings can significantly boost your home’s value. Elevate the ambiance and functionality of your living space by investing in cutting-edge appliances, from refrigerators to ovens. These changes are simple and inexpensive, and some don’t require extensive effort.
Focus on lawn care
Your lawn provides an excellent opportunity to create a compelling first impression on future buyers. It’s one of the first things they will see, so ensuring it looks healthy and vibrant creates an appeal that significantly boosts your home’s value.
The best part about this project is that you only need to invest your time. A dedicated day of pulling weeds, trimming hedges, and doing routine maintenance can significantly elevate your home’s value. You can do this project monthly to ensure your lawn remains pristine.
Other projects to try
Aside from the projects mentioned above, other cost-effective projects you can do to elevate your home’s appeal are:
- Installing new doors
- Cleaning out the gutters
- Replacing windows
- Refinishing hardwood floors
- Rearranging the furniture
- Adding a carpet
Like the projects mentioned in this list, these tasks require little to no financial investment. So, you can start with them immediately and gain their benefits for your home’s value.
Other Reasons To Renovate Your Home
Aside from elevating market value, there are other reasons why homeowners renovate their homes. These are the following.
Enhanced functionality
Conducting renovation projects allows you to adopt new functions that provide better comfort and seamless experiences for the family.
For instance, upgrading your light fixtures means better illumination for your space. Replacing doors means better security. Rearranging furniture maximises your space and provides excellent comfort for everyone at home. These changes, big or small, ensure that your home creates the ideal living environment.
Personalisation opportunities
A house is essentially a blank canvas for DIY enthusiasts. A renovation project allows them to express themselves and create a space that matches their preferred aesthetics, whether it’s minimalism, bohemian, or contemporary.
Improved credit score
Home renovations don’t just improve your property’s value, but they also boost your credit score. Taking out loans for major projects and paying them on time helps build your rating, making you qualified for other loans. This will become handy if you want to take out a mortgage for a new house.
Meanwhile, monitoring your score is vital whenever you take out a loan. That way, you ensure that you maintain excellent credit status and acquire loans for more projects or properties. The good news is that you can use free credit score monitoring tools online to do such a task.
Improve Your Home’s Market Appeal
The tips mentioned above are effective examples to boost your home’s market value. The best part about these changes is that they won’t require significant amounts of money, only your time and effort. That being said, you must fully commit to these renovation projects to ensure that you elevate your property’s worth.