The Holm Group Real Estate Blog | Scottsdale Real Estate Blog

How To Simply Add Value to Your Property on a Small Budget? Adding value to your property is one of the smartest investments you can make. But how do you go through a home renovation project if you're working on a tight budget? Surprisingly, there are quite a few changes you can make that won't break the bank but will add extra charm and value to your home. Here are a few examples to help you get started with this endeavour. Redo the paint job They say you shouldn't judge a book by its cover, but properties aren't books. A good look can go a long way when it comes to increasing a home's resale value. There's no better way to revamp your home's exterior than with a fresh coat of paint. After a while, your home's façade might fade or crack in certain places, which can give it a rundown look. To remedy this, you can always go for a paint job. It's a quick and inexpensive way to freshen up the exterior and give it some extra flair. One of the best parts about an exterior paint job is that you can choose some new colours to switch things up. Don't go for anything too tacky or out there, as you don't want your home to stick out too much. Your best bet would be to choose two complementary colours to add some depth to the view. Add bathroom touches The bathroom is arguably one of the most important rooms in your home. When it comes to renovations, it's also one of the most expensive ones. Redoing things like tiles and large fixtures can be a costly endeavour, but these aren't the only changes you can make to up the value. Some minor adjustments can add to the luxury factor of your bathroom quite a bit—you just need to know where to look. Starting small gets you a lot more bank for your buck. Choosing standout fixtures like faucets can make for a gorgeous design, which is why bronze details have become so popular in recent years. New cabinetry and handles can make your doors look fresh as new, while also making them stand out more. Introduce a bit of greenery to add more charm. There are plenty of plants that thrive in the hot and humid atmosphere of a bathroom, and their colour and texture make for gorgeous details. Keep things cozy People like homes that have a cozy atmosphere. Comfort is a big part of a house's value, especially if buyers intend to keep things like furniture and accessories. If you're aiming for a cheap overhaul, adding some coziness can go a long way. Rugs and carpets are great options for floor accessories, and carpeting can even be used as a cheap alternative for regular flooring options. Consider adding large and conspicuous curtains to windows. They help add a dark and cozy atmosphere to spaces, which can be great for areas like the bedroom or living room. Furniture should also be as comfortable as possible. Adding a large sofa and armchair in the living room makes for a gorgeous sight and provides great seating for entertainment systems. Bean bags have become especially popular in recent years. Not only are they cozy and lightweight, but people can adapt them to just about any room. A simple bean bag sofa can up the coziness factor of a room significantly without incurring a high price. Consider placing a few around the living areas as well as a few in the bedroom. Groom the garden Speaking of plants, the backyard and garden can have an enormous impact on your home's value. They're some of the first things prospective homebuyers will see, which is why you have to maintain them properly. Adding new elements to your outdoor area is much cheaper than you might think. A simple gravel path that leads to the front door or garden doesn't take a lot of work, but it adds quite a bit of value. Lighting is another great option to consider for the outdoor area. You can place LED lights on small poles or integrate them into the ground to illuminate a path or part of your backyard. These lights are pretty durable, so you wouldn't have to worry about them failing due to weather. Plus, they can last you a while without needing to be replaced. When it comes to plants, the sky's the limit. You should add pots to any bare walls that don't have any interesting elements. Ivies and similar plants can cover a lot of surface without needing a lot of ground, so you should consider them for any walls or pergola pillars. Conclusion Adding value to your home can seem like a difficult task if you're on a budget, but it's perfectly doable with the right changes. Even small-picture adjustments can make your home look much more appealing. It always helps to think about areas that need the most improvement first. When you come up with a plan, make sure to take it a step at a time. Some changes may be a bit more expensive than you expect, while others could turn out to be cheaper than expected. Start with some of the elements we've covered and you'll be more than satisfied with your home's appeal.