Are you planning on selling your home? Before you put your house on the market, it is a good idea to take a close look at the interior and exterior to consider what might be upgraded for a potentially higher sale price.
If you’re looking to put your home on the market among Ottawa real estate, you should know that increased by 7.4% in April 2019, but the right DIY project could help to boost that price even more. No matter which city you’re in, these five DIY projects are some of the best ways to raise your home’s value.
Upgrade Your Kitchen Cabinets
Upgrading your kitchen doesn’t have to mean a $20,000 renovation. Repainting outdated oak cabinets and adding new hardware is an easy do-it-yourself project, even though it may seem daunting at first. It does require a bit of time, but updating your kitchen is one of the best ways to add value to your home. Make sure the job is done right by sanding your cabinets down completely before you paint and be sure to add a sealer so that they aren’t sticky and the paint doesn’t chip.
Turn Your Den or Office into a Bedroom
A two-bedroom home with a den is not as valuable as a three-bedroom home without one. Adding a closet to a den or office officially makes the space a ‘bedroom” in realty terms. Building a closet doesn’t have to mean stealing space from another room either but if you do have the option it will maximize the space in the newly added bedroom. Take a look at the tutorials on YouTube - if you think the project is too much to handle, you could also considering purchasing a wardrobe for the room.
Revamp Your Landscape
A fresh, attractive and easy to maintain landscape adds 5.5% - 12.7% value to your home. That translates into roughly $22,000 to $50,000 return on your investment if you own a $400,000 home. Keep it simple, or at least similar to the others in your neighborhood so it doesn’t scare potential buyers with the thought of too much work. Adding drought tolerant plants can be a great idea too.
There are many different types of molding that can be added to your home to give it more style and a bit of sophistication too. Case your windows or door frames to cover gaps between the wall and door openings. If you have casings, you can always replace them with more intricate or fancier versions. Add baseboards and crown molding to the top and bottom of your walls. There are many different designs for “crowning” a room. You may even want to add board and batten to a mud room, or a dining room for a farmhouse or craftsman-style home.
Replace Carpet with Hardwood Floors
Many potential homebuyers these days are turned off by wall-to-wall carpeting, preferring homes that have hardwood floors. With the right tools, you can replace that outdated carpet on your own without spending a ton of money. Doing so can deliver a significant return on your investment while helping your home sell faster too.