Boosting the value of your home doesn’t have to require huge renovation projects, thousands of dollars, and months of planning. Making small, tactful home improvements can do the trick just as well.
The key to making desirable home improvements is to follow well-established building and design principles. Don’t worry about the latest trends or trying to reinvent the wheel.
In this post, we’ll tell you how to do just that so your home can be market ready in no time. Here are the top ten improvements for your home that cost $100 or less.
1. Add fixtures to the most outdated room of your home
Most people tend to renovate their homes one room at a time. If you have that one room that’s keeping your home in the past, bring it up to speed by replacing the fixtures; whether that’s a new faucet, doorknobs, or other hardware.
2. Shine the light on your hard work
A dark room feels smaller, older, and less put together. Abundant lighting is an excellent way to make your home feel larger and more welcoming.
3. Paint the front door and mailbox
It’s all about curb appeal. Refresh the outside of your home by putting a fresh coat of paint on your front door and mailbox. Bright, bold colors are sure to help your home stand apart from the neighbors while still fitting in.
4. Powerwash exterior surfaces
For $50 you can rent a pressure washer and clean up your vinyl siding, decks, walkways, and driveways. That’s a lot of value and square footage for a small investment.
5. Buy a “luxury shower head”
You can find spa-style shower heads on Amazon for less than $40 that look great and will make your home feel a bit more luxurious.
6. Stage to sell
Buy some modern wall art and large plants and ditch the family heirlooms for when it comes time to sell. These additions will make it easier for prospective buyers to picture themselves living in your home.
7. Mirrors are magic
Mirrors can be used in a number of places around the home to create the illusion of spaciousness in rooms that are otherwise lacking. There are plenty of creative uses for mirrors for each room of the home.
8. Ditch the linoleum
Underneath those linoleum floors lies wood that might be able to be refurbished. Don’t worry about small dings; they add character.
9. Get ready for the welcome party
Buy a fresh doormat and replace an old doorbell to make visitors feel like they’re entering a brand new home.
10. Cable management is king
Hide those cables in the office and living room by tying them behind displays or running wires underneath carpets or behind the drywall. This can instantly make your home feel more clean and put-together.
A home showing may prove to be a life-changing event, and for good reason. If a homebuyer attends a showing and likes what he or she sees, it may be only a matter of time before this individual submits an offer to acquire a residence. As such, it is important to prepare for a home showing to ensure a buyer can fully evaluate a house and determine whether it is the ideal choice.
Ultimately, there are many reasons why homebuyers should put together a list of questions prior to a home showing, and these reasons include:
1. You can attend a home showing with a strategy in place.
A home listing usually includes information about a house's age and condition. However, few homebuyers are willing to submit an offer on a house based on a listing alone. But if you use a home listing to prepare questions before a showing, you can attend a showing with a plan in place to pursue your dream residence.
Oftentimes, it helps to prepare a list of general questions about a home. You then can review this list in conjunction with a home listing and determine which questions are answered in the listing itself. If you find assorted questions are still unanswered in the listing, you should not hesitate to find answers to these questions when you attend a showing.
2. You can gain deep insights into a house's condition.
Preparing a list of questions prior to a home showing may enable you to gain the insights that you need to make the best-possible decision about a house. And in most instances, you can never prepare too many questions to ensure that you can make an informed decision about a house.
Remember, buying a house is a major decision. If you put together a list of questions before a home showing, you can help take the guesswork out of deciding whether to submit an offer on a home.
3. You may be able to speed up the homebuying process.
The homebuying cycle may prove to be long and complicated, particularly for a homebuyer who is uncertain about how to proceed. With a list of questions in hand, you can attend a home showing and gain expert insights right away. Meanwhile, these insights can help you decide whether a house is right for you.
As you get ready for a home showing, you may want to consult with a real estate agent as well. A real estate agent is happy to help you craft a list of questions prior to a home showing. Also, this housing market professional can keep you up to date about houses that match your homebuying criteria, help you submit offers on homes and much more.
When it comes to home showings, it helps to plan ahead as much as possible. If you prepare a list of questions prior to your next showing, you should have no trouble evaluating a house.
49 Granville Rd, Cambridge, MA 02138
49 Granville Rd, Cambridge, MA 02138
In a bid to afford homes in high-value areas, many homeowners turn to income from short-term rentals to cover a high mortgage payment. You can benefit from this option with some caveats:
- Location really matters. A lot. You might advertise your home as near the coast when it’s really 20 miles inland and get a few bites. But eventually, the reviews catch up with you, and you lose out. Be honest about where your rental sits. Market what is available: access to public transportation, quiet parks, sports arenas, theme parks, etc. only if they truly are accessible.
- Consider hosting rather than leaving your home to strangers. That means you stay on the property while they are there. You’re in control of who comes and goes. Your renters can’t sneak in a dozen of their buddies without paying for them.
- Make sure your HOA and municipality allow it. Many homeowners associations explicitly forbid subletting or short-term rentals, so if that’s your plan, read those pesky covenants, conditions and restrictions (CCR’s) before you buy. Municipalities also have codes regarding hospitality properties. Many require licenses, permits or fees, and some require occupancy taxes on the nights guests rent your home.
- Your homeowners’ insurance coverage may not protect you from damage or liability when you’re using your home as a business. Talk to your insurance agent before you post your home online and pay the extra premiums to make certain you’re covered.
Before you decide to turn your home into a short-term rental, know the rules and the risks or the rewards may not be worth the trouble. Your real estate professional is your best resource for discovering properties in your area suitable for a short-term rental, so make that phone call today.