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Adding Value to Your Home on a Budget

Adding Value to Your Home on a Budget


There are plenty of ways to add value to your home without spending a lot of money. The biggest saving you can make is on labour; DIY means you can do it for a fraction of the cost of hiring, and the results can be just as effective.

Painting

Anyone can wield a paintbrush, and providing you choose the right colour scheme, a fresh coat of paint can make your home come alive. Interior walls painted with light, neutral colours can make rooms appear more spacious and add light to the gloomiest of interiors. A coat of paint to the exterior can give your home an incredible lift in curb appeal, and matching shutters and a freshly painted fence will transform it from an average house into an inviting family home.

Landscaping

Normally costing thousands, great landscaping ideas can be achieved on a very small budget, providing you have a clear plan and a strong back. Raising or lowering a section of garden can create a striking effect and is basically achieved by either digging a hole or piling up earth. If you can’t afford earthmoving equipment, you can achieve much the same result with shovels and wheelbarrows, as long as you have the time.

Rockeries can be made using stones found around your own yard, and ponds and water features are available as fibreglass moulds that can be installed by someone with basic handyman skills.

Blinds and awnings

Your windows are the eyes of your home, and some attractive eye makeup in the form of new blinds and awnings will spruce up your exterior and also contribute to your home’s overall energy efficiency. Add security screens to your windows as well and you can even earn yourself a discount on your home and contents insurance. While window fittings vary in price, they are improvements you can make without altering the structure of your home, and the value they add should more than justify the initial outlay.

Flooring

Your floors are another area where DIY improvements can be made on a budget. Often, just ripping up tired old carpets can reveal wooden floors with immense character, which can be enhanced no end with a few coats of stain. Ugly vinyl can be replaced with mock wood or a floating wooden floor for a similar lift to a room, and even cement floors in garages and basements can be painted with the special concrete paints now available that give a showroom finish to cement.

Appliances

New appliances can make a huge difference, particularly to a kitchen. New stoves, rangehoods, benchtops and cupboards will all bring tired old kitchens into the 21st century overnight. Additionally, rather than springing for a whole new kitchen, there are companies that specialise in refacing; that is, providing new doors and drawers that give a facelift to your old kitchen cabinet system.

Simple improvements such as these can greatly improve your home’s appeal and add to its overall value. But remember, if you make major additions or alterations, be sure to have your house insurance policy updated to cover these improvements as well.

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