As homeowners, you always have the possibility of selling your home if you no longer wish to live there. That’s why it’s always important to think about the value of your home and ensure that it’s always in good condition on the chance you need to put it on the market. While having a large budget can allow you to make big changes to your home to make it more attractive to potential buyers, there are ways to maximise your home’s value on a budget.
The smallest things can make the biggest difference to your home’s value from fixing broken fixtures to decluttering rooms. These things can be done with a miniscule budget and end up making you more money on your future house sale. Aesthetics matter a lot when it comes to the housing market, as potential buyers can only see what they are presented with so you need to ensure that everything looks pristine.
This guide will look deeper into how you can turn a small budget into big money potential by maximising the value of your home before you place it on the market.
Garden Maintenance
First impressions are the most important aspect of selling a home. If you have a garden, you should ensure that you have a regular landscaping and maintenance routine so that it’s in peak condition whenever potential buyers come to view the property. It’s a low-budget solution that can make a huge difference to your home and make it more appealing. Mowing your lawn is the sign of a well-kept house.
Installing fresh fencing, placing flower beds and trimming any trees or hedges with a chainsaw can be great ways of improving your garden. These can be done on a budget and if you can’t afford new fencing, you can always do it up with fresh paint.
Energy-efficiency
Longevity is a major selling point for potential buyers, as they want to invest in a house that has solutions in place that will last a while. Energy-efficiency within a home offers longevity and sustainability, which provides potential buyers with confidence in the unpredictability of climate change. While some energy-efficient solutions can come at a price, there are ways you can achieve it on a budget.
You can purchase some forms of insulation on a budget that will make your house feel more cosy and offer longevity. There are other energy-efficient solutions you can get with limited money, such as replacing regular light bulbs with LED lights.
Fix Defects
The smallest defects in your home can lower its value and deter potential buyers, especially if these defects pile up over time in an old house. You don’t want your home to appear run down and unkept. Taking the time to fix the following will be very beneficial:
- Wall cracks
- Peeling paint
- Dirty walls
- Broken bulbs
- Mould or limescale build-up
- Squeaky flooring
- Loose handles
- Dripping taps
- Faulty wiring
Fresh Paint
Sometimes all a room needs is a fresh coat of paint to revive it and take it back to peak aesthetic. If all your rooms look as though they have been freshly attended to and painted, it will increase your home in value and make potential buyers more eager to submit an offer. While striking or dark colours can appeal to people’s niches, they don’t make a property very sellable so you should instead opt for light or neutral colours.
Paint can be relatively cheap if you choose the right brand and can be applied with limited experience, so you don’t need to waste money hiring a professional.
Optimise Lighting
Good lighting holds so much power when it comes to increasing the value of your home, as broken light fixtures, low-quality bulbs and uninviting lighting will be unattractive in the housing market. The right type of lighting can drastically change the appearance of your home and make the atmosphere a lot better. It needs to be consistent throughout your property to be effective.
LED lighting is very modern while also offering excellent sustainability which potential buyers are always looking out for. This can help with boosting your home’s value.
Decluttering
Never undervalue a neat, clean space as it can make your home feel significantly better. You should give high-impact areas like the kitchen and bathroom more consideration and ensure that they aren’t cluttered when the time comes for viewings. Examine whether each room has too much furniture, as this can give the impression that the space is smaller.
Installing smart storage solutions around your home can be an effective way to declutter and it’s relatively affordable to achieve. Ensuring your floor is always clean and clear of anything can be a great way of boosting home value.
Final Thoughts
Don’t underestimate the power of making small improvements in your home when on a budget. You can focus on essential areas like garden maintenance, energy efficiency and fixing any broken entities. This can significantly boost your home’s market value and attract more potential buyers, especially in a market where a lot of sales fall through. A well-presented home attracts higher offers and faster sales. So, roll up your sleeves, get creative and let your home shine.