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7 Affordable Home Renovations That Increase Property Value

By Bernadette Salapare | Jan 01, 2024 08:00 AM EST

Are you thinking about renovating your home but have a limited budget to work with? Let's explore some of the ideas that can be used to remodel your home in a way that is both affordable and increases the value of your property.

Window Replacement

(Photo : Pexels/ Binyamin Mellish)

Improving the appearance of your windows involves more than just window decoration. Appraisers and prospective purchasers will always notice them. While the win-back rates of vinyl and wood are comparable, the average cost of wood is higher, and its return rate is roughly 1% lower than that of vinyl. Therefore, it is essential to find answers to any queries about buying new windows before purchasing. 

Universal Design

The concept of 'aging-in-place' or universal design is gaining support among baby boomers, who want to continue living in their houses rather than having to relocate in other places. The term 'universal design' refers to the process of remodeling a home so that it is equipped to accommodate wheelchair movements and the addition of safety elements such as grab bars in strategic locations.

Simple Fixes and Details

Performing basic repairs, such as enhancing the lighting in a house, not only brings a fresh perspective to the house but also demonstrates the level of care that has been taken for the home. Customers pay attention to the most minor details, so it is essential to highlight them. Accordingly, washing the windows is a quick and easy way to brighten the house.

Upgrade Lighting

You may also consider improving the lighting in your residence as a cost-effective home improvement. One thing that can significantly influence the energy consumption and brightness of your home is the replacement of all of the old light bulbs with LED lights. There is a possibility that the actual fixtures in your home are the responsible parties, and fortunately, they can be replaced at a cost that is not too expensive.

Also Read: Former Printing Center Transforms into a Disaster Relief Transportation Hub

Create Custom Storage Areas

Installing storage in several locations of your house could be a brilliant idea. You can store seasonal items like blankets and holiday decorations in these spaces. Consider transforming the areas below the stairs into individualized storage facilities.

Additionally, you can conceal the surplus Tupperware that persistently falls out of your cabinets each time you open them. Building seating that also has a storage component is still another alternative. Any property with a bay window is a good candidate for this seating arrangement.

Upgrade Your Outlets and Fixtures

Convenience is a quality that prospective purchasers of homes look for, and your property can be enhanced with a few simple upgrades, such as improved outlets, light switches, and other forms of smart technology. There are almost certainly multiple outlets featuring only two wires in an older residence. Consider replacing these with more contemporary outlets with three prongs or specialist ports with USB connections. Making this task on your own could be easy and cost-effective, given that your box is securely attached and does not require rewiring.

Give Your Home a Fresh Coat

Removing any residual wallpaper and applying a new coat of paint to your kitchen are both critical, but it is as necessary to do the same for the rest of your home. It is important to remember that many people looking to purchase a property choose neutral tones since they can complement a wide range of interior design styles.

Related Article: 5 Pricey Remodeling Regrets to Avoid for Your Ultimate Dream House Makeover!

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