If you’re thinking of selling your home in 2014, or you just want to improve your home’s value, it’s important to spend your time and money on projects that will bring you the most return on your investment.
Here are 8 home improvement projects you should consider:
1. External spruce up!
The first impression your home makes on buyers is its external appearance. If your home’s exterior is looking tired, a paint job and/or fixing any issues should be a priority. Also pay attention to gardens and landscaping, as a little bit of money and effort can greatly improve the street appeal of your home.
2. Replace your front door
A new front door makes a great first impression on buyers! If your front door doesn’t need replacing, a coat of paint can do wonders. Also look at your garage door and give it some attention if needed.
3. Add a deck or patio
No matter where you live, buyers are looking for outdoor living space. If you already have outdoor space, consider making it more attractive with a water feature, an outdoor fireplace, BBQ area or improved landscaping.
4. Add space
Depending on your budget and your goals for your home, an extra bedroom, extra bathroom, a finished attic or an expanded living space can increase the value of your home.
5. Improve your kitchen
It is true that buyers look carefully at kitchens and bathrooms. Be careful not to overspend on improving your kitchen. You may be able to do one or two things, such as replacing the appliances and painting the cabinets, or just replacing the bench tops with Caesarstone or granite to improve its value.
6. Work on your lighting
Today’s buyers like brightly lit rooms. Change any window treatments to maximise the natural light into your home. Also look around your home and see if you need to upgrade or add more lighting.
7. Update your bathroom
Consider cost-effective minor upgrades to update your bathroom. Perhaps replace the fixtures, the mirror, repaint, and jazz it up with some flowers, candles or other low cost accessories.
8. Organise your storage spaces
High on the list of priorities for today’s buyers is adequate storage. If your home lacks storage, you can increase its efficiency and appeal with closet organisers.
Most importantly, when improving your home be careful not to over-spend!