Whether you are looking to sell either now or in the future, making some small changes in your home can do wonders to achieve the highest returns on your investment. These changes do not have to be enormous, nor do they have to break the bank. Knowing exactly the right places to invest your money can have a significant impact on your overall property value. Go big for less with these five inexpensive ways to pamper to your home:
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1. A Fresh Coat Of Paint
Nothing says new like a fresh paint job! If your home is looking a little worn and tired, refreshing it with a splash of colour will spruce up your space, making it look more on-trend whilst boosting your property value when it comes time to sell. Painting can be done quite cheaply, and if you have a steady hand alongside a good dose of patience, you can save the costs of professionals and DIY.
2. Inspect Your Home For Hidden Damages
One of the things that will eventually decrease the value of your home will be the issues that cannot be fixed cosmetically. Hiring an inspector to check for deteriorating roofs, walls alongside plumbing and electrical issues will give you the time to fix them before the house is listed. Without any extra issues to fix, the value of your home will increase.
3. Improve Your Outdoor Area
Outdoor areas are the perfect space for those that love entertaining, especially in the warmer months. If your outdoor area looks like it can use some love, refurbishing this space may do wonders for your returns. Including a good seating area, as well as outdoor dining and even a fire pit can be picked up cheap and will boost your property value. If you are looking for an inexpensive way to reconstruct your backyard, consider adding rustic elements like wooden blocks for seating which can be made or bought for next to nothing.
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4. Make Your Home Energy Efficient
We all know the saying green means go and this is no different when it comes to your home. Checking your current spendings and altering these slightly whether it be through small appliance changes or even living habits will help maximise the energy efficiency of your home. An energy-efficient home will save you money now, which can be applied to other updates and is a more valuable and marketable asset in the long run.
5. Interior Design
Jazzing up and modernising your home can go a long way and can be achieved easily without breaking the bank. If you lack a design flair, hiring an interior designer can dramatically help give you ideas on design themes as well as small changes like furniture arrangement and colour tones. Picking up things like a new rug, lampshade or throw pillows and blankets will give your home a fresh new layer and will help appeal buyers when it comes time to sell.
Thinking of starting a renovation project? Our team at iBuildNew can help you find a registered builder. Contact us on 1300 943 640 or customerservice@ibuildnew.com.
Let us do the legwork for you.
- We’ll ask the right questions to better understand your needs
- We’ll create a recommended shortlist ideally matched to you
- We’ll answer specific questions or concerns related to home building, land purchasing or financing
Breanna Taylor
Breanna Taylor is a third-year journalism and PR student studying at Swinburne University in Hawthorn. She has a strong passion for interior design and a growing interest in property development and renovation.
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