Six ways to add value to your home without the hefty price tag
Oct 2, 2016
Giving your house or apartment a make-over doesn’t always have to cost a fortune. Whether you’re selling or renovating, there are lots of different ways to add life to your property. Here are some simple tips to add value to your home without going over budget.
1. A fresh coat of paint
The easiest way to bring life back to your home is to splash a fresh coat of paint on the walls. It’s a quick fix that will give the house a new feel and by lightening the colour a few shades you’ll feel like you’ve opened up the space. As lighter coloured walls are more reflective, the new colour will help maximise any light.
2. Welcome your guests
A first impression can be everything and while you might be able to wow the guests or prospective buyers who make it through the front door, don’t neglect the exterior of the property. Remove any clutter, put some time and effort into keeping the garden alive and replace that fly screen you’ve been meaning to get around to fixing.
If you want change the entry area, an awning over the front door will offer some cover to guests when it rains, and an open, clutter free space inside the front door creates an inviting sense of spaciousness.
3. Light up your living area
By filling your home with light, you’ll find it more welcoming and it will even feel a bit more spacious. Buy some new lighting fixtures or just replace the old globes so that the light isn’t so dim. You’ll find that the house will not only be more inviting but will also feel a lot more open.
Replacing any heavy curtains and blinds can also help bring light to the room, and keeping outdoor plants and trees trimmed near windows can do wonders.
4. Don’t be afraid to decorate
Hanging a painting or even a large mirror in the living area or entrance hall can bring style to your home. Potted plants, whether they’re real or fake, also bring life into the area. You can even replace door knobs or cupboard handles to make the place feel brand new without having to replace everything, and without the enormous cost of a full renovation.
5. Freshen up the bathroom
Old bathrooms often feel like they need a lot of work to feel new again. By following some of the above tips and applying them to your bathroom you’ll find you might not have to start from scratch. New paint and plants will instantly add some life.
If you don’t want to replace the whole bathroom, you might want to consider investing in the bathroom vanity or replacing all the taps. New taps or a new mirror can help give the appearance of renovated bathroom without having to rip everything out and start again.
6. Outdoor living
Like updating the front of the house to welcome your guests, investing in your backyard can help make your overall property more attractive and comfortable, while adding value along the way. Keep yards and gardens tidy and trim plants and any lawn regularly. Buy some nice outdoor furniture and find an interesting statue or water feature to give your backyard a bit of personality.
By following these steps you’ll find your house will feel brand new all over again. You can invite some friends over to admire your work or put it straight on the market.
Get the right advice
If you’re thinking of selling your home and would like to explore your options for financing a new home, Choice Home Loans can help. Our experienced brokers work with dozens of lenders and can talk you through the loan options that may suit your circumstances.
Contact a Choice Home Loans broker
Find a broker
Use our broker services search tool to find brokers available in your area
This article is written to provide a summary and general overview of the subject matter covered for your information only. Every effort has been made to ensure the information in the articles is current, accurate and reliable. This article has been prepared without taking into account your objectives, personal circumstances, financial situation or needs. You should consider whether it is appropriate for your circumstances. You should seek your own independent legal, financial and taxation advice before acting or relying on any of the content contained in the articles and review any relevant Product Disclosure Statement (PDS), Terms and Conditions (T&C) or Financial Services Guide (FSG).