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Thinking about doing some renovations around the house? Good News! Home improvements can add value to your home. The downfall? Home improvements can be very expensive. For example, adding a swimming pool could cost as little as $28,000 to over $100,000. Don’t let this discourage you. There are still ways to increase your homes value without breaking the bank or incurring a large debt.
In this article we will look at 6 DIY Home improvements you can do by yourself or with the family, with tools from your local hardware store that can increase your home’s value.
Painting the Walls
If the walls in your home are outdated, fading, and have scratches or stains it might be time to fresh coast of paint. Tip: Choose a neutral colour scheme that makes the entire house look blended together. These kinds of colours also appeal to a wide variety of potential buyers because they make the home have a more gentle, minimalistic look.
Refresh Your Bathroom
You can add value to your home by upgrading your bathroom fixtures. Some bathrooms may have rusty taps, leaky faucets or even poor drainage. This takes away from your home’s value. Upgrading the fixtures and hardware such as the cabinet knobs and pulls, or the faucet, helps to make your bathroom look new again. All you need is just a screwdriver to get to work. Amazon.ca has some great options that are budget friendly for your next DIY project. See the list below for our top picks under $50.
Planting a Garden
You can also spruce up your yard by adding flower beds, planting a garden or simply throwing away dead plants and putting in fresh ones. This is an important element because it boosts the curb appeal of your home. Curb appeal is the general attractiveness of your home or property from the sidewalk to prospective buyers and sellers. Adding in some plants along your driveway makes your home look appealing from afar to your neighbours as well as it also increases your home’s value, a double win.
Add Lighting
Some homes in the Greater Toronto Area have old lighting fixtures that hang from the ceilings. Update your lighting by adding nice chandeliers or a modern ceiling fan. Below are some of our top amazon.ca picks.
Replace Your Floors
Homebuyers have started preferring minimalistic home interiors and your floors have too much. Instead of wall to wall carpeting, try going for hard flooring options. Removing the flooring can seem like a hard task, but it can be achieved with the right tools and proper budget. New wood floors, laminate or tile floors can increase your home’s value and can deliver a significant return on investment. Don’t have the budget for hardwood? Don’t get discouraged. laminate is a great cost friendly option and handles ware and tear like no other.
Update Kitchen Appliances
Upgrading your kitchen is usually the most expensive home improvement but the one that actually yields the greatest return. Adding a new dishwasher, smart microwave or oven can increase the value of your house. Tip: Choose stainless steel or smart appliances as it’s most popular amongst buyers.