When you think about home renovations that will boost the value of your home, you probably think of expensive projects like replacing your old windows or installing a new more efficient roofing system. Luckily for homeowners, there are plenty of low-cost renovations that boost the value of your home that you probably didn’t even know about. Here are 5 things that don’t cost a fortune but will still earn you a return on your investment.
Boosting Curb Appeal
Who would have thought manicuring your lawn and planting some flowers and shrubs could boost value? If you’re putting your home on the market in the near future, boosting curb appeal is imperative. In many cases, value is all about perception, and boosting curb appeal will instantly change a potential buyer’s perception about your property before they even cross the entryway door.
Shutters do more than just block out the light. Shutters can become a styling element, a security feature, and make your home look more comfortable. Plantation shutters boost home value because they’re multifunctional applications.
Buy a Steel-Reinforced Door
Do you have a hideous old front door? You might think that luxurious renovations like installing counter tops are the best projects to focus on, but safety additions cost less and boost your value by a higher percentage. Steel-reinforced doors don’t cost much, they improve the security of the home, and they will boost the value of your home by virtually 100% of the cost of the renovation.
Fixtures and Hardware
Have you installed various styles of light fixtures and cabinet hardware over the last few years? If your hardware and fixtures are outdated, investing in matching applications can boost the value of your home by making your space look updated, cohesive, and uniform. Like most of the renovations on this list, this is a project that you can do on your own during your free time.
The kitchen is one of the most important rooms in your home. If you already have updated appliances and you don’t want to take on the expensive of tackling the cabinetry, you should install back-splash. Back-splash, while it is purely decorative, can add dimension to a room and take your kitchen to the next level.
You don’t have to invest in big-ticket items like granite counter tops and hardwood floors to boost the value of your home. Look past the obvious and expensive renovations and choose projects that won’t cost a fortune. These more humble renovations deliver a greater return on investment which makes these projects the smarter choices for wise homeowners.