Susan Baghdasarian's Blog
When selling your home, you want to be able to get the largest return for your investment. And buyers are looking for their next place to call home. They are looking for a place that they can see themselves living and creating a future. And oftentimes, it’s very difficult for buyers to look beyond the cosmetics of a home, especially when viewing online. Therefore, if large investments are not in the cards for you or won’t bring a significant ROI, small home improvements are the way to go. These small improvements can take your home from blah to wow!
Let’s take a look at some of the best small home improvements that will certainly provide you with a return.
1. Fresh coat of paint: A fresh coat of paint can make the world of a difference in a home. It can instantly brighten up a space and make the home look and feel newer—an instant plus for any seller and buyer. But be sure to choose more neutral colors as not everyone will be a fan of bold colors.
2. Adding architectural touches: Architectural features like crown molding and a chair rail can add an elegant upgrade to any home. They can be fairly inexpensive and would only take a weekend to put up.
3. Update front door: Your front door is a large part of your curb appeal. And a home’s curb appeal can leave a substantial impression on buyers. You can go the inexpensive route and add a pop of color that compliments your home’s exterior and landscaping or purchase a new door if a coat of paint won’t do the trick.
4. Add a backsplash: Backsplashes don’t have to break the bank to catch a buyer’s eye. And there are so many options from subway tile to mosaic to antique tin.
5. New hardware: Updating the hardware in your kitchen and bathroom can make the world of a difference. Adding modern hardware to cabinet doors will add a refreshing, simple update.
6. Update fixtures: Replacing old, worn down bathroom and kitchen fixtures is a very simple home improvement. Although not the cheapest of these options, they will definitely make a big difference in those rooms.Think of a home built in the 90s that has brass fixtures. The home looks very outdated and therefore worth less in the eyes of a buyer. If you update these fixtures to pewter or brushed nickel, you are instantly bringing the spaces into the 21st century and catching the appeal of buyers.
The amount of time, effort, and money that you want to put back into your home is a decision that you alone can make. It may seem silly to put more money into the home you are trying to sell, but it’s quite the opposite. Be smart about your updates and improvements. Try to think like a buyer and make updates that the majority will like and want.
When it comes to the time for a tax refund, you may have a lot of big plans for the extra money that you’ll receive back from Uncle Sam. Your mind may swirl with possibilities as to what you might do with the money. One of the best uses for the money is to reinvest it in your home. It can only increase the value of your property, giving you more equity to play with whether you plan to refinance or sell in the future. The money you get back may be enough to do things like buy new appliances or put in a new floor. Below, you’ll find some of the best ideas for how to spend your tax refund money on home improvements.
Adding some new paint to your home can do wonders for both the interior or the exterior. See what needs to be done the most and do some cost estimates. You may even be able to hire a professional painter who can get a painting job done fairly quickly without making the huge mess that you might if left to painting on your own.
Add Some Rugs
Adding just a few rugs to the hardwood surfaces around your home may make your home a lot cozier. For one, the surfaces that you walk on with bare feet will be much softer and warmer to the touch. Rugs also add a certain style element to a room that not many other accents can. Be sure that the rug you choose blends well with the color scheme that you desire for your rooms.
Work On The Outdoors
With your tax refund money, you’ll be able to make some significant improvements to the outdoor spaces of your home. It can never hurt to add a bit of curb appeal to your property by adding bushes, new grass, outdoor lighting, and the like. Even painting your front door can be a simple task that makes a huge difference to the outside of your home.
Upgrade Your Appliances
Upgrading your appliances can be one of the biggest things that you do to add value to your home. You can start small with items like your range and dishwasher. If you have a bit more money to play with, you may end up servicing and replacing larger items like your hot water heater, HVAC systems, or even adding solar panels. The money that you’ll save on energy efficiency will pay for the appliances over time. Also, if you’re getting ready to sell your home, these upgrades will make a huge difference in the return value that you can get for your home.