4 Inexpensive Ways to Boost Your Home's Value

If you’re planning to sell your home, you’re likely looking for ways to boost its value. The more money you can make from your home’s sale, the better. However, you may have been hesitant to perform some much-needed upgrades due to the cost. Fortunately, there are some adjustments you can make to your home that won’t break the bank. Here are some money-saving tips that will bolster your home’s value in no time.

1. Break Out the Paint

A quick, inexpensive way to increase the value of your house is to paint. A fresh coat of paint can make rooms look like new. But don’t get too wild when choosing paint colors. Your best bet is to stick to neutral shades because they will appeal to a greater number of potential buyers. However, not just any neutral shade will do. A Zillow study found that it’s best to steer away from colors such as dark brown and terra cotta when it comes to interior paint colors. If you do choose to use these colors for the interior, your home’s price might sell for $469 (when using dark brown) or $793 less (when using terra cotta) than Zillow’s price estimate. Homebuyers generally don’t care for these colors.

2. Upgrade Appliances

Know that you don’t have to go out and buy all new appliances that match exactly (and if you’re working with a tight budget, this isn’t a great idea, anyway). The experts at Kitchen.com say it’s OK if your appliances don’t perfectly match, as long as they don’t compete.

If you’re up for bucking the norm, white and stainless steel are both neutral colors, so you don’t have to worry about them clashing. What you should keep in mind is that when one appliance doesn’t match the others, it stands out. You can use this to your advantage and create a strong focal point: Designers often do this with the cooking area by choosing a gourmet range or artistic hood with a different style, color or finish.

3. Change Door Knobs

When it’s time to put your home on the market, details matter. One detail that often goes unnoticed is door knobs. You can add a bit of flair by replacing old doorknobs around your home and on kitchen cabinets. The best part is, a simple door knob upgrade doesn’t have to cost a fortune. Home renovation expert Brittany Cramer said one thing you should keep in mind when updating door knobs is the home’s era. “One of my favorite pieces of advice to give folks is to consider the era of the home before purchasing and installing accessories. You might be a lover of that wrought iron, Tuscan look, but will that style suit your home?” said Cramer.

4. Replace Light Fixtures

Another inexpensive DIY project is to replace home lighting. Updated light fixtures can give any home a lift. The right light fixture can make your home look not only brighter but also modern. In addition, consider replacing outlet switch plates.

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