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Cost-Effective Tips to Raise Your Home’s Value

As a homeowner, you consider your property as an important asset. As such, its value has to be maintained throughout its lifespan, if not longer. Your aim here is not only to make your home more livable, but also to raise its future selling price if you intend on selling it later on.

When it comes to raising your home’s value, expensive home renovation projects usually come to mind. If you’re on a budget, though, there are other ways to spruce up your home without breaking the bank. One thing’s for sure, you can still get a higher return using just a few simple approaches.

Let’s take a look at a few of them:

  1. Redecorate using recycled materials

Do you have old wooden furniture that’s suffering from termite damage? Instead of throwing it away, you can simply repurpose the material for simple home improvement projects. For instance, you can build neat little garden stools. Make sure to sand off jagged edges and apply a coat of varnish to create an outdoor set to go with your landscaping.

  1. Upgrade your appliances

Appliances lose their reliability over time, but there are brands that can still perform just as well as when you first bought them. If your alliances work well but look outdated, you can opt to give your appliances a major facelift. For sure, you don’t have to buy replacements just to give your home an updated look. You can have your appliances refurbished through a service center, plus they can check for and fix issues you haven’t detected yet. You can also have your appliances cleaned. This will give the impression that you have just bought them recently, even though they have been around for five years!

  1. Update your front door

Being the main entry point to your home, the front door should be attractive and enticing enough to reel in visitors. Curb appeal is a big plus when it comes down to valuing homes, and your front door plays a big role in raising your home’s future selling price. But instead of replacing the front door altogether, you can go the more practical route by giving it a new coat of varnish or a new paint job. Pastel colors are popular nowadays, so you may as well paint your doors using faint or neutral colors such as peach, grey, blue, or beige.

  1. Change your lighting

Another inexpensive way to raise your home’s value is to upgrade your lighting system. This involves changing outdated bulbs with energy-efficient LED bulbs. To increase the aesthetic appeal of your home, you can use low-key lights to highlight specific areas around the house.

  1. Get home insurance

Home insurance is still important to have nowadays. Not only does it secure your property from any contingency, but it also raises its value and reduces mortgage costs. This will depend on the insurance provider you’re engaging. For a good range of coverage options, you can check out a menu of home owners’ insurance from Allstate or any other insurance provider out there.