4 Cost Effective Ways to Increase Your Home’s Value

    Commonwealth Standard knows that homeowners wish to maintain their homes so that their property value remains as high as possible. Repairs and routine maintenance can help with this, but sometimes you may be seeking to go above and beyond with some improvements that may have a healthy return on investment.

    Here are 4 cost effective ways to increase your home’s value.

    Modernize Plumbing

    Miscellaneous leaks or general plumbing issues can hinder your home’s value especially when it comes time to sell. Hiring a plumber to fix any outstanding issues as well as updating some of your older fixtures will go a long way with buyers and make your home shine. If your water heater is near its life expectancy, consider replacing that out for a new one at the same time to save on labor costs.

    Doors and Windows

    Replacing both your home’s doors and windows can have an immense aesthetic and cost savings effect. Not only can they help increase your home’s curb appeal, but newer and more efficient doors and windows will save you money by lowering your heating and cooling costs.

    Add Space

    If at all possible, look for a way to increase the living space in your home. This can be as simple as adding a patio, screening in a deck or finishing off a basement or attic. Any additional space that extends your living area square footage, even if seasonally, can reap some great rewards when it comes time to sell.

    Paint

    One of the best, easiest and cost efficient ways to give your home a facelift is with paint. Select neutral colors that appeal to the masses rather than being too dramatic or taste specific. Some cabinets and vanities can even be painted with a little sanding and priming rather than purchasing new ones.

    Not every renovation has to cost a great deal of money to be a great investment. Instead, as you can see here, there are several easy changes that will still yield great results. If you truly want to raise your home’s value, consider changing part of the aesthetic of your home or modernizing your windows, doors or plumbing.

     

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