If you are likely to want to sell your home at some stage in the future, bearing this in mind when spending money on DIY projects is a good idea. This is because, provided you do it the right way, you can add significant value to your property. Plus, of course, you get to enjoy living in an attractive and comfortable environment.
There are lots of ways to add value to a house, flat or bungalow. Below are some of our favorites. Most of them are really easy and some are surprisingly low-cost.
Plant some trees
According to a recent study by the Council of Tree and Landscape Appraisers, a well-placed, healthy, mature tree can make a home more valuable. How much varies, but, typically, it is between $1000 and $10,000. Importantly, they do not have to be fancy, rare trees. Most of the varieties you can buy from this website will do the trick.
You can easily pick up a nice tree for as little as $50. Provided you plant it in the right way and look after it within about 12 years you can have a nice mature tree that has added value to your home. It really represents a fantastic return on your investment. In all likelihood, once your children are grown you are going to be ready to sell and move to something smaller. For you, this way of adding value to your home is a fantastic idea. Just buy a nice biggish tree and plant it when your children are young. That way it will be mature when you are ready to sell.
Install a nice kitchen and bathroom
Kitchens and bathrooms help to sell homes fast. If they look nice people are going to be far more tempted to buy. So, the next time you upgrade these rooms, it is worth bearing this in mind. Interestingly, you do not have to spend a fortune to be able to reap the rewards. For example, typically, the best return comes from a revamp rather than your installing a completely new kitchen. Provided your existing kitchen and appliances are reasonably modern you can often get away with simply replacing the doors and redecorating. Sometimes the counters will need to be updated too. The trick is to do it a few months before you put your house on the market. That way the style will be current and everything will still look pristine.
Repair obvious issues
If you have loose guttering or the windows need painting, get those jobs done. Usually, they do not cost much to do. But, when it is time to sell you will definitely be able to secure a much better price. Most buyers do not want to buy a property that looks like it has been poorly maintained. Therefore, fixing the obvious issues makes a huge difference to how your property is perceived by potential buyers.
Where to learn more
The above are our favorite ways to add value to a property. However, there are several other improvements that can also work. You can find out more by clicking this link.
