10 ways to increase the value of your home

By investing in small home improvement projects, you can increase the value of your home. The following 10 tips will get you started.

The secret to increasing the value of your house is to create an inviting home through organization and small home improvement projects. If you are planning to sell your house, remember today's buyers want to be able to move in without having to do a lot of projects. By taking the time and money to upgrade key areas of your home, you will see a significant return on your investment. The following ten ideas are the quickest ways to raise the value of your home.

1. Focus on curb appeal. - The outside of your home is one of the biggest factors in determining the value of your home. If people see trash and clutter, they will automatically assume the house is in poor condition. For a quick fix, remove all garbage and extras from the yard. That includes excess lawn ornaments, patio furniture, and toys. Also, weed flowerbeds to create a more maintained look. Next, wash the grime off your house and windows. If you have time, put a fresh coat of paint on your home. Add a wreath or welcome mat to your front door to make the entryway more inviting. Another way to add value to your home is to plant blooming flowers in your flowerbeds for color.

2. Highlight your space. - By making your home feel large and spacious, you can increase the value of your home. The easiest way to do this is by removing clutter from all your rooms. If you are preparing to sell your house, pack up as many small items as possible. You should keep a few pieces of furniture in the room and a couple of pictures on the walls to keep it looking homey. Also, clean walls and flooring. Dirt will darken the appearance of surfaces and make the space feel smaller. For added value, paint walls and ceilings in neutral tones with the ceiling being as close to white as possible. White ceilings will feel higher to buyers.

3. Bring in more light. - Adding a few more lamps to a room can also add dollars to your home's price. Floor lamps will create more general light in a room than table lamps. Track lighting and pot lighting are also popular with homebuyers. In addition, updating light fixtures to a more modern look will increase your home's value.

4. Real wood finishes pay off. - Real wood finishes are in demand. A quick home improvement project is to add wood trim and crown molding to your rooms. Hardwood floors will also pay off. They are inviting and cheaper to maintain than carpeting. If you are redoing your kitchen or bathroom, pick wood cabinets for the biggest increase in value.

5. Upgrade your kitchen. - Updated kitchens are hot sellers. Most homebuyers are looking for modern appliances, wooden cabinets, hardwood floors, and nice countertops. If your budget is limited, decided what would have the greatest visual impact in your space. For instance, it would be better to replace an avocado green stove than a slightly worn Formica counter top. Also remember not to go overboard on your improvements or you will not recoup your investment. For example, upscale kitchens now have multiple ovens. Middle-class homebuyers are usually not interested in that type of upgrade, and they would not be willing to pay more for it.

6. Don't forget your bathroom. - Luxurious bathrooms will also add dollars to your home's price. To add value on a budget, start by cleaning all the surfaces of your bathroom. Next, caulk around the sink, toilet, and tub or shower, and then add a coat of fresh paint. If you have more money to invest, consider adding glass shower doors, a soaking tub, or a shower massager. The more your bathroom feels like a spa, the more money you will get for your house.

7. Organize your closets. - Make the most of your closet space by investing in closet organizers. They come in a variety of styles and prices, so pick one that matches the style of your home. A master closet with shelves and hanging racks are popular with homebuyers. Also maximizing smaller closets with multiple hanging racks will increase your home's value.

8. Accessorize in moderation. - Next to painting, accessories are one of the easiest ways to add value to your home. Add a designer-look to your home by making sure every window has a simple window treatment. Blinds can be dressed up with a simple rod and scarf overhead. Also, purchase a couple of plants for side tables. You do not want a cluttered look to your home, so be selective in how many items you have on shelves and side tables. If you have doubts about an item, do not use it.

9. Include energy efficient improvements. - Energy efficient improvements were once thought of as a poor investment, that is not true today. Many homebuyers are looking at the type of heaters, hot water tanks, and windows a home has. The better energy efficient rating they have, the more buyers are willing to spend.

10. Do some baking. - Offensive odors will drain dollars away from your home's price. Remove the sources of those orders, such as pet litter. Then, when you have an open house, bake a pie or batch of cookies to make the house smell like home. If buyers feel like your house is warm and inviting, they will shell out the extra bucks.

Remember it is often the simple projects that will increase your home's value the most.

© High Speed Ventures 2011