Whether you’re preparing to sell your home or just want to increase your property value in order to keep up with your neighbors, there are a lot of projects you can do. If you’re handy with some basic tools and have several hours on the weekends to engage in these projects, you could save some money by doing them yourself. Read on for some key tips that will help you increase your property value as well as the aesthetics, function, and comfort of your home.
Make Essential Repairs
If your home is in need of any repairs, doing them is a sure way to increase your property value. A home that’s in disrepair will have a lower property value assessment during an inspection by an appraiser from a bank and from the county property assessor’s office. For example, if your roof is obviously sagging or damaged, it will considerably decrease your property value. Replacing the roof with one that features architectural shingles, metal or another quality roofing material will give a big boost to your home’s property value, explains Dave Ramsey. Some other essential repairs that could improve your property value include new siding, windows, a front door, and a garage door. Don’t forget tuckpointing or masonry work if your chimney, stone, or brick wall are damaged.
Repaint the Exterior
Another way to increase your property value is to paint the exterior. If you have a wood fence that hasn’t been painted in two years or more, now is the time to repaint it. Repainting it protects the wood from moisture, wind, and sun damage. It also improves the appearance of the look of the fence. Homes with wood siding or shakes, stucco, or similar materials also benefit from painting. If the color of your home’s paint is dated, consider a fresh color. Neutrals are always a good choice, or you could choose something that fits with the architectural style of your home. For example, a home in a desert location would look good in a terra cotta or brick orange color. A Victorian home in a historic neighborhood would benefit from trim done in the traditional pastel colors of the time the home was built. Don’t forget to paint the shutters, fascia, and soffits.
Install Outdoor Lighting
Installing outdoor landscape lighting in Houston, TX, provides many benefits, one of which is adding to your property value. The installation of outdoor lighting also makes your home safer. If you’re returning home at night, outdoor lighting makes it easier to make your way to the door. If you need to go outdoors in the evening or early morning hours, better outdoor lighting reduces your risk of tripping and falling. Would-be criminals are likely to be deterred by homes that are well-lit on the outside. That’s because they don’t want to be noticed by neighbors or passersby.
Enhance the Landscaping
Enhancing your landscaping increases your property value by boosting its aesthetic appeal. Reseed your lawn’s bare areas. Consider adding perennial flowers. They’re affordable at plant nurseries, or you could get cuttings from a neighbor or friend. Some colorful annuals are a good addition to your property during the summer. Take care when choosing shrubs or trees. Make sure your property has enough room and the right type of soil to support their healthy and vigorous growth.
Each of these simple tips helps you increase your property value. Some of these actions require a bigger upfront investment than others, so it’s important to consider your budget. You could choose one item at a time, starting with what’s more affordable or what will make the biggest impact on your property value.