Adding value to your house in a low-income area isn’t as big a mystery as it seems. There are many ways to add value, but that doesn’t mean you should do all of them. Value-adding products yield varying returns on investment, some not as lucrative as others. The cost will also be a significant concern for most homeowners. So can you add value without sinking a ton of money in major remodels? Yes, you can. Check out these five ways to add value to your Greenville house without breaking the bank.
1. Have a Plan
A plan is necessary if you don’t want to spend an arm and a leg while you add value to your Greenville house. A haphazard approach will usually cost more and with poorer results.
Intentionally made upgrades will look better and cost less than ones made on the fly. Start slowly. You may want to list all of your rooms that require attention and then prioritize what projects are nice-to-haves versus must-haves. When your list is complete, choose your must-haves and decide which one to do first; when finished, start with the next one. Working through one item at a time will prevent you from ending up with overwhelming amounts of half-finished projects.
When you start with a strategy, not only will things get done, but they will get done well and ultimately add value to your home.
2. Update the Kitchen
Any agent you ask will agree: the kitchen is the most crucial room for potential buyers. Then, updating the kitchen is a great way to add value to your house, and it doesn’t have to cost a lot.
Updating kitchen appliances will undoubtedly add value, but even minor upgrades and improvements can make a significant difference. Here are just some of the updates you can make that won’t cost an arm and a leg:
- Installing new cabinet hardware
- Painting old, tired-looking cabinets
- Addinga rolling island
- Updating light fixtures and switch plates
- Replacing sink fixtures
3. Spruce Up the Bathroom
The bathroom is another room you can spruce up and add value to your Greenville house without breaking the bank. For example,
Start by touching up paint and updating towel- and toilet-roll holders (chrome is always a winner). After that, go for a deep clean, including scrubbing grout and removing limescale from the basin, shower, and [toilet]. Shop around for a coordinating bin and toilet brush holder and declutter toiletries and cleaning products. If you can, store them out of sight. You may also want to think about replacing the toilet seat. A new toilet seat is cheap but instantly refreshes the bathroom’s look. The same is true for the shower curtain, taps, and showerhead.
4. Enhance Curb Appeal
One of the best ways to add value to your house and create a great first impression for potential buyers is by enhancing curb appeal. “First impressions are important and can set the stage for a successful sale. If your home appears welcoming and structurally sound from the outside, its value will reflect that.”
A good way to determine what kind of and how much curb-appeal work you need to do is to go across the street and try to take a buyer’s-eye view of your house. Is there anything that detracts from the appearance such as peeling paint, overgrown shrubs or beds, fencing in disrepair, or a cracked sidewalk? If so, these are the things you need to work on.
5. Improve Lighting and Energy Efficiency
A bright, cheery home interior is always more appealing to buyers. So if you want to inexpensively add perceived value to your Greenville house, it can be as simple as improving the lighting. Take down those blinds, and replace heavy drapes with sheers. Also, add lamps to rooms that seem dark and drab.
And while you’re at, improving energy efficiency will also add value. “An energy-efficient home is more valuable both to you right now, and to a potential buyer down the road. By making changes to cut your energy costs, you will be putting money back into your own pocket that you can then use to make other upgrades.” So when you’re improving the lighting, be sure to install energy-efficient lighting and LED bulbs.
Talk to Your Greenville Agent
What we’ve included here are indeed some good ways to add value to your home without breaking the bank. But this is far from an exhaustive list – there are many more things you can (and perhaps should) do. Much of what you can/should do to add value depends on the local market, so be sure to talk to your Greenville agent. Your agent will know what value-adding improvements will be most effective and worth the cost. If you’re considering selling and want to add value to your Greenville house, contact us today at (252) 227-0274.