kitchen renovation

How to add value to your home on a budget

Inexpensive ways to increase your property's value

To add value to your home on a budget depends on numerous factors such as the location of your home and its aesthetics, as well as the overall economic market status. It is common for real estate property owners to ensure that the value of their property is up to par with the current market standards for different reasons. It can be that they intend to leverage their property to act as collateral for a loan, or they intend to generate income from their property by renting it out or selling it.

More often than not, owners seek the advice of real estate professionals to have an insight into the current value of their property to assist them with adding value. For this, they enlist the services of evaluators who deliver accurate real estate appraisals that are based on the current market conditions. The property value reports they generate can be used for any private or legal matter, as well as for lending or rental purposes. Once you have a good idea of the current value of your property, you will be able to act on some of the ways to increase it as necessary.

Ways to add value on a Budget

First impression counts - Do a major cleanup

One of the cheapest ways to increase the value of your property is by doing a major cleanup of your home. While it may be cheap and gives you a good first impression, it can take the most effort because you need to inspect and clean every corner of every room in your home. In doing so, sell or give away the things you no longer need to make more room for other innovative ideas such as an under the stairs storage or a walk-in closet. When you clean up, there is also a great chance that you will be able to identify the areas in your home that need some repairs and when you do, you can act out promptly to mitigate further issues.

Repainting could add value to your home

Repainting both the interior and exterior of your home like the front door can definitely add value to your property. This is because as your home is continuously subjected to extreme weather conditions, its exterior paint may already wear off. In addition to this, a touch of new paint in your exteriors can work wonders in terms of brightening up the room or giving a fresh vibe.

bathroom renovation

Quick renovation add value

There is also the option for you to renovate your home to increase its value. Often, kitchen and bathroom renovations never fail to improve the aesthetic and functional design of your house, increasing its estimated worth. You can also focus on your floors or adding an extra room because these renovation ideas likewise yield a greater property value.

Value of your home can also increase with:

  • Improve the front door
  • Get planning permission to add an extension
  • Replace tiles
  • Replacing old windows
  • Get a cheap interior design
  • Add natural light
  • Fresh paint walls can boost the overall appeal
  • Renovate bathroom, kitchen, living space
  • Add nice kerb appeal for your front door
  • Inexpensive structural changes

The value of your home depends on several factors, but there will be ways for you to increase your home's value on a budget. You can start remodelling or renovation your London project targeted to make your home's aesthetics more appealing or make the living conditions more excellent. While a kitchen or bathroom upgrade is a significant makeover, organizing and taking out the clutter in your home will already go a long way in increasing the value of your property.

Author: Clara Annesley

Clara is a blogger at Proficiency. She has a background about extensions, conversions and interior design.