A lot of people struggle with the decision of asking themselves should I rent or buy a house. There are pros and cons for both options, but if you are thinking about selling or renting your current home, you might want to consider adding some DIY projects that will increase the value of your home.
Here are some of the projects you can do on your own to enhance your home’s value:
Update the Kitchen
The right upgrades to your kitchen can dramatically increase the value of a home, thus allowing you to sell it for a higher price. That’s because a new kitchen is one of the most needed and valuable improvements on a home.
There are many ways to renovate your kitchen by yourself. Some of the popular DIY home improvement projects that you can find include painting your walls, painting your cabinets, installing new lighting fixtures, and even building a new kitchen island.
Paint the Walls or Add an Accent
Adding a new color can freshen up a room and make a significant impact on a home’s value. But it is not always necessary to change the whole interior to freshen things up. Adding an accent wall can have a similar impact without going through any further changes that may be difficult to maintain over long periods of time.
Adding an accent wall can also be a great way to bump up the value of your home. An accent wall can make an otherwise bland or boring room into something that is more appealing and visually dynamic.
Upgrade the Flooring
There are numerous benefits associated with upgrading the flooring in your home. It can increase the value of your property, give you a more pleasant place to live, and even save you money on energy bills.
There are different ways of upgrading your flooring in your home, such as adding new tiles or changing the color scheme on them. You can also add new coatings or linings to give your floors a completely different appearance than the original ones.
Add an Outdoor Living Area
Adding a covered outdoor living area to your home can increase its value by up to 10%. If you have the room, adding an outdoor living area will also bring in more fresh air and reduce your air conditioning needs.
Outdoor living areas can be as simple as an open patio with a fireplace or as complex as an entire deck with a bar, TV, and fire pit.
Install New Light Fixtures
It’s common for people to be intimidated by the idea of installing new light fixtures in their homes. However, it doesn’t take much time or skill to install them and it can make a significant impact on increasing your home’s value.
For instance, a chandelier will increase the value of your home by a few thousand dollars, a pendant light will do so by the hundreds, and a fan-shaped light fixture will have an even greater effect.
