If you are in the market of selling your home, you’re likely looking to increase your home’s market value in any way that you can. Alternatively, if you’re a homeowner who is looking to update your home on a budget, you probably want to be as cost-effective as possible with your updates. Whether you’re looking to put your home on the market, or you’re a homeowner who is looking to update your home on a budget, we’re sharing our top 5 cost-effective tips to increase your home’s resale value and appeal.
Tip #1: Less is more; Declutter your home
Our first tip pulls two weeds with one yank! Decluttering your home is an easy way to make your home appear more attractive to potential buyers AND it also helps you prepare for your move to your new home. In the time leading up to your house showing and your new move, you’ll want to sort through your belongings to declutter your home as much as possible.
While this can feel like an overwhelming process at first, staying organized and taking on this challenge room by room can help this task feel more manageable. Start with a smaller room and take inventory of the items you have, what you want to bring with you to your new home, and which items you want to sell, donate, or throw away. Create piles or label boxes, and for items that you’re unsure about consider asking yourself if you will use the item within the next few months- if not, it might be time to donate it.
Once you’ve successfully sorted through your belongings, you may also want to consider removing as many items from your home as possible. Remember, less is more. If you’re still waiting to move into your new home, using a portable storage solution such as our portable storage containers is a cost-effective and efficient option to consider! When you rent one of our move-out bins, you can take as much time as you need loading the container and we can store it at our facility at no extra cost while you’re in-between moves and showing your home. And if you require extra moving supplies, our Round-Trip Totes are cost-effective, sustainable, and are space-efficient storage containers.
For homeowners who are also looking to renovate and declutter, this is also an affordable alternative to a storage locker.
Tip #2: Set the stage!
Lights, camera, action! Staging your home is another way of saying “make your house look presentable”. When potential buyers are looking at your home, they’ll want to envision themselves living in your space. Setting the stage with your décor and furniture is a great way to do this.
Another thing to keep in mind when staging your home is that cleaning makes a huge difference! If you have time on your hands, do a deep clean of your home- especially in areas where there is a lot of traction like the kitchen and bathrooms. If you don’t have the time to deep clean your home, consider hiring a professional cleaner who will ensure your home is attractive to potential buyers.
After you’ve taken time to declutter and deep clean your home, staging will come easy.
Tip #3: Upgrade your small finishes
Sometimes, it’s the little things that make the biggest difference! You can give your home the boost it needs by upgrading and replacing your small finishes such as:
- Faucets
- Kitchen cabinet handles/knobs
- Doorknobs on your bedroom, bathroom, and closet doors
- Light switch plates
- Bathroom towel racks and toilet paper holders
By investing in these small fixes, potential homebuyers will appreciate the care you’ve put into upgrading your home and it will appear more attractive to them.
Tip #4: Nothing that a fresh can of paint can’t fix!
Well maybe not nothing, but simply adding a fresh coat of paint to your home can make a huge difference! Painting your home’s interior walls, kitchen cabinets, interior doors, front door, and baseboards in light, neutral colours like white or grey is a cost-effective way to increase the appeal of the inside of your home and attract potential buyers.
To paint your home, all you’ll need is some paint, rollers and pan, tape, and some drop cloths! Enlisting the help of family and friends can also save you time as well. Painting is an easy way to increase the eye appeal of your home, whether you are looking to sell or want to simply update your home you can’t go wrong with this low-cost update.
Tip #5: Update your home’s lighting
Your home’s lighting can do a lot to set the overall mood of your home. You can make a big difference in your home’s appeal by making your living space brighter, easier to see and adding depth to your rooms. Updating your home’s lighting won’t break the bank, and it’s an effective way to increase your home’s resale value and overall appeal.
Don’t settle for the builder’s standard lighting fixtures, and instead swap them out for modern, and more attractive light fixtures. This tip combined with tip number #3 (updating small finishes such as light switch plates) can work wonders for increasing your home’s value. In addition to updating your home’s interior lighting fixtures, don’t forget about the outside! Consider upgrading your home’s exterior lighting to increase the home’s safety.
Bonus Tip: Focus your budget on the important areas of your home
If you have a little extra money in your budget to increase your home’s resale value, put some time into planning where you want to spend your renovation budget. Consider putting money into important or high-traction areas of the house like the kitchen and bathroom. Updating your appliances, kitchen cabinets, and bathroom vanity are some updates you can consider. If your floors are not in the best condition, you can enlist the help of your friends and family to help you replace your floors in a short amount of time or do it yourself!
Portable Storage Solutions
For more tips on how to sell your home, moving tips and tricks, renovation advice, and more, check out our Moving and Storage Blogs.
For all your moving needs, The Move Out Bin is here to help! Trusted by families and businesses in Windsor Essex, we offer portable storage solutions such as our infamous Move Out Bin, as well as moving accessories to help you move, renovate, and declutter with ease. Get a free online quote now, or call 519-566-3332 to discuss all of your moving and storage needs.
