Last week there was an article "6 Things You Think Add Value To Your Home - But Really Don't" by Jean Folder on Investopedia. It's a great article that covrs some items that just don't help your homes value even if they are big ticket items. So, this week I wanted to put together a list of things you can do to increase your homes value without spending a bundle. We'll start with one of the two rooms that garner the most money in any home which are the kitchen and the bathroom.
Kitchen: If your kitchen is dated with older cabinets, discolored countertops, and older flooring you can create a new fresh look without gutting the entire room and starting from scratch.
1. Paint the cabinets: Start with sanding down the cabinets, and removing the old hardware. A fresh cot of paint will go miles for you. A great color to use today is black because it is a popular contemporary color and it takes better than alot of the other colors. It's not that you can't use a cream, or green etc. but it takes patience because a poor paint job won't help your cause at all. From all of the homes I've shown over the years black always looks the cleanest. For the price of the paint and brushes you'll have cabinets that look brand new saving you thousands of dollars on new cabinets and having to pay somene to install them. Click here for a DIY Guide for painting your cabinets.
picture shared on Flickr by Champagne.Chic an interior decorator located in the Nashville area.
2. Replace the hardware: Once you've finished painting you should replace the hardware. A great look is stainless steel which looks really sharp with the black cabinets.
3. Countertops: You don't have to go all out for the granite countertops, but a nice new faux granite formica countertop will look great with the new black cabinets with stainless steel hardware. Most of the time you can find the right size at your local Home Depot or Lowes. If your kitchen is a standard size like an 8 x 8 you should be able to install the countertop yourself. Click this link here to learn how to install your new countertop.
4. Flooring: If you have old linoleum flooring you should upgrade it. Vinyl flooring has come a long way over the years and now you can get some that really looks like tile with grout lines and all. Get the peel and stick ones so you can do it yourself. I installed these in our first home and it only took an afternoon. Since they come in 1 x 1 squares it's not such a big deal if you mess up a cut and you don't have to start from scratch. Checkout a few styles here. For about a dollar a square foot you can make your kitchen floor look like it has been recently tiled.
5. Appliances: This is one of the biggest costs when redoing your kitchen, but if you are trying to sell your home you'll want to go this extra step to help your home sell for top dollar in the shortest amount of time. The most important thing is that all of the appliances match. There's no point in doing all of the renovations above if your appliances don't match. When they do match it brings the entire kitchen together. Today the most popular style is Stainless Steel. If you look around at Home Depot or Lowes you'll find you can get package deals for under $1,500 which include a stove, built in microwave, refrigerator and dishwasher. I know it's a big expense, but now you've remodeled your kitchen for a fraction of the cost and instead of deducting $10,000 - $20,000 off of your sales price buyers will feel like they are getting a brand new kitchen. This will help you attract more buyers which tends to get you a higher sales price in a shorter amount of time.
Check back for more updates on how to improve the value of your home without having to spend a bundle. Next time we'll move on to the bathroom and discuss how you can make it look brand new without having to gut it.
If you are getting ready to sell your home in Bucks County give me a call to discuss how my marketing plan and knowledge can help you sell your home for top dollar in the shortest amount of time. I will also help you get your home ready to sell for top dollar by helping you stage it and putting together a list of things you could do to add value to your home before going on the market. I understand that not everyone wants to DIY so if you like the ideas above, but are looking for some contractors to help you out give me a call and I can put you in contact with some great people who have helped my clients and I over the years.