When you go through all of the effort to purchase a home, it’s only natural to want to do all you can to better the property. However, purchasing a home can do plenty to drain your savings funds.
It’s best to take the time to plan out your upgrades. There are several ways to boost your home equity without spending a small fortune. Check out this brief look at some worthwhile suggestions, and start upgrading today.
Slap a fresh coat of paint on it
You can raise the value of any room inside of your home by simply repainting. A fresh coat of paint works wonders as a facelift for your home, and you won’t break the bank to get the job done.
It doesn’t cost much (relatively speaking) to hire professional painters to paint your home. If you don’t have the urge to get your hands dirty and do the job yourself, there’s no shame in passing it off to the pros.
However, you can save on labor costs by doing the job yourself. You’ll spend just a couple hundred dollars getting the job done right. It’s a small price to pay for the aesthetic boost.
Add some landscaping to the yard
Your yard doesn’t have to be boring grass. Add some color and diversity to your patch of grass, and you’ll boost your home’s curb appeal. Plant a plot of perennials and a few bushy trees to add some shading to your home in the heat of the summer.
Finish the basement or attic space
Finish the basement or attic space in your home, and you’ll add plenty to your floor plan. Adding livable square footage to your home will instantly boost the equity you have in the property.
Again, if you can do the work yourself, you’ll have the chance to save some dough. Add some insulation, drywall, and proper flooring to the area, and you have a spare bedroom to occupy however you deem fit.
Pressure wash the outside of your home
If you don’t have a pressure washer lying around the garage, you can easily rent one to use for a few hours. Pressure washing the exterior of your home can take years off it’s aesthetic. It’s good to pressure wash your home every 2-5 years, depending on the climate in which you live.
Add smart features to the home
Adding “smart” features to your home could be something you do over a span of time. You don’t have to empty your pocketbook to install one smart upgrade per year to your home.
Add a security system
Adding security to your home will instantly make your property worth more money. People enjoy feeling secure, and they will pay extra for that security.