August 18, 2021

How to add value to your home on a budget 

Adding value to your home can be done on a small budget, as long as you think practically and strategically. You might find that your house only actually needs a fresh lick of paint to be returned to its former glory—which certainly won’t break the bank. Paint can provide an instant facelift, and it’s not just the interior that can be painted; creating a fresh and brighter look on the outside of your home can add serious curb appeal—and attract the right buyers. If you’re just investing in your home for yourself, painting the door or the brickwork can make coming home from work feel totally new.

If you’re planning on selling your home, or want to make a few investments for the future, here are a few tricks that you could use (and most are budget friendly).

The best places to add value

In general, carpets are a good way to add value on a budget. Using neutral carpets throughout your home can often be done at a bulk price, saving you money on a per-room service. New carpets will create a fresh, bright, and clean style that can then be a blank canvas for the new buyers. 

In terms of specific rooms, it’s recommended that you start renovating in the kitchen or bathroom when trying to add value to your home; especially if you’re trying to sell your property. If you’re wanting to renovate on a budget, replace cabinet doors and resurface worktops rather than pulling out the whole kitchen and starting from scratch. An entirely new kitchen can cost thousands, but there are plenty of DIY options available that can look just as good. 

If you’re stuck for ideas, or have no clue where to start, you could look up Knutsford kitchen showroom for inspiration, or to speak to a specialist about how much a new kitchen might actually cost. 

Improving curb appeal 

Curb appeal gets potential buyers through the door, and also makes you feel better about your home. Tidying up the outside of your house could help sell your property faster, so grab the fence paint, a few outdoor lights, and get cleaning up. You could even paint the exterior of the house. Make sure the lawn is trimmed and that the flowerbeds are neat. Not everyone will want the task of upkeeping of a busy garden, so using low-maintenance shrubs will make the space look nicer, for longer, without needing much interference. 

How much should you spend on home renovations?

If you’re renovating your house specifically to add value for a sale, you don’t want to be spending more that the value it can add. In fact, you want to be spending much less, so that you have a nice little pot leftover to splash out on your new home. 

As a general rule of thumb, property developers tend to suggest keeping all renovations under 20% of the value of your home. That way, you know you’re going to add value, without breaking the bank. 

Renovating a house for sale is tricky, as you need to make your property suit the masses, without making it look too bare. That said, sticking to neutral paints and carpets are a great way to spruce up the current layout to add value on a budget.

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