19 Summer Projects That Will Increase Your Home’s Value
Your home is, arguably, your most valuable investment. It’s the perfect resource to boost your net worth. As is the case with other investments, you need to periodically check in to ensure that you’re maximizing the value of your investment for the best return on investment later down the road. This can mean a few things for individual investments, like retirement funds or your stock portfolio. Increasing your home’s value could entail a number of different tasks. This could be anything from installing necessary repairs to property improvements that will make your home more attractive to its next owner.
Yes, it’s true. You can never guess what a future buyer may want in a house. However, there are a few universal do-it-yourself (DIY) projects that will increase your home’s value, regardless of when you decide to sell. Now that it’s officially summer, you should take advantage of the warm weather and tackle a few of these projects yourself. We put together a list of project ideas to help fill your summer and boost up the worth of your home. Whether you just want to make small changes on a given Sunday or you want to make a lasting impact with big projects, there’s a project for everyone on this to-do list. Check out some of our past blogs for more DIY ideas to increase your home’s value:
Increase Your Home’s Value With These DIY Projects
1. Implement The KonMari System
You’ve probably heard about the professional organizer and tidy-upper, Marie Kondo. The host of Netflix’s Tidying Up With Marie Kondo can make the messiest people turn into the ideal neat freaks. If you haven’t read her book, The Life-Changing Magic of Tidying Up, or seen her show, then let’s explain her easy-to-follow organizational system. The KonMari system focuses on removing disruptive clutter and surrounding yourself with personal possessions that “bring you joy.” Basically, the system boils down to a “donate or get rid of anything you don’t need anymore” mentality. If you haven’t already, we’d recommend that you read her book or watch her show. She’ll help you understand a different perspective on personal space and possessions, which you can apply to your home. On a cooler weekend, take some time to let go of the excess clutter that’s taking up usable space in your home. With less stuff clogging up the flow, your home will appear bigger to buyers. Plus, the extra breathing room will probably motivate you to show off your home whenever possible!
2. Maximize Your Closet Spaces
While you decrease your clutter, it would be worthwhile to add more closet space for the future clutter of your buyer. In today’s market, every buyer agrees that you can never have too much storage space. Buyers may want more closets, but that doesn’t mean you have to invest in custom closets (think about it, what works for you might not work for everyone). Instead, start making little fixes to your closet areas. You could do things like:
Install more shelves to take advantage of the overhead closet space.
Replace those old rickety hanging bars with brand new ones from Home Depot.
Add small organizers to your existing closest to maximize your storage.
You can also increase your home’s value by updating the closet doors with newer, sleeker doors. These models will undoubtedly make a more favorable first impression on potential home buyers.
3. Upgrade The Handles Of Your House
This may sound silly, but the handles on your doors and cabinets can leave a lasting impression on potential buyers. There’s nothing wrong with a door handle that has a vintage appeal. However, many buyers aren’t looking for a vintage home. Instead, they want something that’s more modern, updated, and sleek. You don’t want to be stuck with dated or boring handles. Start integrating some new doorknobs and handles throughout the house to create a more cohesive and well-designed aesthetic for the house. Want to really increase your home’s value? Add polished nickel and bronze as an on-trend touch to make older cabinets and doors seem newer.
Make these quick fixes with a Target run!
4. Improve Your Water Pressure
Guess what? Your faucets are not an accurate measurement of your water pressure. While your water pressure should be left to the pros, avid DIYers can increase their water pressure on their own by using YouTube videos. Maybe your water pressure isn’t the problem though. If that’s the case, it’s time to take a trip to a nearby hardware store and buy some new shower-heads for the house. An upgrade like that will automatically increase your home’s value and many buyers will be impressed by your effort.
5. Install “Smarter” Lights
Technology is progressively becoming more and more advanced every day. The Internet of Things (IoT) is developing rapidly and smarter systems are becoming more and more prevalent in American homes. Take the effort now to integrate smart tech into your home. Don’t worry! It’s easy to do and very impressive to potential homebuyers. Kick off your smart initiative with the lighting first! You’ll be surprised at how easy it is to install and use a Philips Hue Starter Kit. Take it up another notch by pairing your lights with Amazon’s Alexa, Siri, and/or Google Home.
But, why stop at just the lights? There are a ton of unique ways that you can integrate smart technology into your home. Believe us, it will drastically increase your home’s value. Almost two-thirds of homebuyers are willing to pay a premium for smart home technology.
6. Repaint Your Interior Rooms
We know what you’re thinking, “The new owners will just repaint the house anyway. Why do it now?” Yes, repainting is one of the first projects new homeowners start out on. But, repainting can increase your home’s value in the short-term.
You should consider changing the overall interior color scheme of your home to a more neutral palette. Psychologically, neutral tones help create a “blank slate” for homebuyers that lets them focus on the home, rather than the color scheme they’ll prefer. The neutral tones help make a space feel bigger, brighter, and newer. Plus, a little bit of paint will help cover up small scratches and imperfections that could negate your home’s value.
7. Repair And Maintain Your Walkways
Whether it’s your backyard path or your sidewalk steps, your walkways impact the value of your home. The cracks in the concrete steps, the loose bricks and chipped stones are minor details that influence the perception of your home. These little imperfections are not only hazardous, but they can also make newer homes feel neglected. Even the landscape of your front yard can make a huge difference as potential homebuyers stop by your open home. Take the time now to pull out weeds, repair the walkways, and minimize the hazardous areas.
8. Change Up Your Outdoor Lighting
While a landscaping project is a great idea, it might be difficult for your plants to survive and thrive on some of those intensely sunny summer days. Instead, focus your energy on the “hardscaping” elements of your property, such as the outdoor lighting. Homebuyers love to see decorative lighting and imagine how summer nights might feel at your home. Try adding in a handful of solar lights along the path to your garage. Do you have an inviting deck or patio in the backyard? Hang up some string lights overhead to make it feel more inviting! They’ll increase your home’s value, but you’ll also reap the benefits in the meantime. Think about all the gorgeous summer nights you and your family will enjoy under those lights.
9. Make Your Home More Private
A lot of homes can get away with having minimal fencing or no fencing at all in the first place. However, that’s an exclusive privilege reserved for those very high-end listings. Most properties will need some kind of fence surrounding their property, and homebuyers will take note of your fencing efforts. When you add in or replace your surrounding fence, you can greatly increase your home’s value.
Homebuyers love to have privacy in and around their home, especially if they own a pet or two. Approximately 91% of homebuyers with pets believe that having a fenced yard is very important. We understand that installing a fence may not sound like a very appealing project. You could consider adding a “living fence” of shrubbery instead to add more greenery and still maintain the privacy of your home.
Big projects can increase your home's value.
10. Paint Your Home's Exterior
When is the best time to paint your home’s exterior? It’s summertime! The reasoning is due to the fact that latex paints cure best at temperatures above 60 degrees Fahrenheit. If the temperature dips below that, the film of your exterior paint job won’t form properly. All the more reason to take the initiative now and start painting! And let’s not forget that a new coat of appealing paint will show that your home has been cared for diligently for years and years, thus increasing the value of your home.
11. Install New Roofing
What does an older roof mean for a potential buyer? Costly repairs that they’ll take out of their offer. That old roof could have potentially suffered from years of weather damage, pest infestations, and a number of other everyday horrors. When you replace your roof, you’ll help the buyer feel much more at ease about the safety and security of their home. They’ll feel much more comfortable knowing that you took care of any immediate roof issues throughout your time at that house. While you’re up there, you could also install some solar panels. If you’re willing to drop $80K and understand how to install it, you could revolutionize the value of your home with Tesla’s new solar roof.
It should be noted that a roofing project may require more expertise and more time than other projects on this list. It is also a more hazardous project than some other, simpler projects. When it comes to upgrading your roofing, it might be best to call in the professionals, depending on your experience and comfortability getting on the roof.
12. Build A Deck (Or Refresh It)
Adding living space is an immediate way to increase your home’s value. But, that doesn’t mean you have to add a new bedroom or another bathroom to increase your home’s existing living space. It’s far easier to just add a deck instead. It’s better if you stick with a simpler design and steer clear of high-maintenance features, like a hot tub. When you add in a well crafted deck to your home, you can add up to 80% of the decks total cost to your resale value. Don’t forget to follow up your deck project by adding in some decorative lighting features!
13. Install New Windows
Windows are the perfect way to increase your home’s value. They can add a new and unexpected stylish element to your home, while also passing additional benefit to future homebuyers. When you install energy-efficient windows, you can brag about those features and entice buyers with those lower energy costs. However, there are a number of additional benefits outside of future bill payments. For instance, with tilt-out windows you’ll make the window panes easier to clean, which is a thoughtful touch that potential homebuyers will notice and greatly appreciate.
14. Clean Your Carpeting (Or Replace It)
The times are changing and today’s homebuyers don’t want wall-to-wall carpeting. To those buyers, extensive carpeting can feel outdated, off putting, and filthy. Older carpets can also present a health hazard, as the carpet fibers hold onto the dust and allergens they collect over the years, which impacts the overall air quality of a given living space. If you’re in the mood for a larger project, consider replacing your carpets with some stylish hardwood floors. Or you could just do a very thorough deep-clean of your carpets. Remember to exercise caution either way.
15. Renovate Your Bathroom
Renovations almost always pay off well for your home’s value. These projects can require a great deal of craftsmanship and dedication, so if you lack the experience it could be a harder feat to accomplish. Take some time this summer to renovate a bathroom, a guest room, or maybe even your kitchen. In a bathroom remodel, for instance, you could remove space-hogging vanities, add in an environmentally-friendly toilet, or even include little replacements such as new shower heads, tub faucets, and/or tiles. All of these changes can significantly increase your home’s value.
16. Replace Your Countertops
A complete kitchen renovation is time-consuming, costly, and difficult. If you don’t have the time, energy, or funds for a complete remodel, consider replacing your old countertops instead. We don’t care how tuned you might be to real estate reality shows. These are your kitchen countertops. Replace your countertops with a style that you will enjoy, whether that’s granite, quartz, stainless steel, concrete, and even tile. There are plenty of cost-effective surfaces out there that are also in style. If you can spare the budget, marble countertops will never cease to be appealing to deep-pocketed buyers.
17. Replace The Cabinets In Your Kitchen
Again, you don’t have to completely remodel your kitchen to increase your home’s value. Minor adjustments to the cabinets can have a similar impact on your kitchen. The majority of the visual space in your kitchen is comprised of your cabinetry. That means that a complete replacement of all your kitchen cabinets will make the whole room feel updated and brand new. If budgeting is still an issue, there are minor tweaks you can make to improve your cabinets. Some cabinets may be in a standard size and consist of decent quality wood. In that scenario, you could just get away with replacing the doors of your cabinets, or even just painting your current doors as well!
18. Scrape Off Your Ceiling Popcorn
Who ever enjoyed the aesthetics of popcorn ceilings? These types of ceilings almost always have a negative impact on a home’s worth. Potential homebuyers will always think of these kinds of ceiling as outdated. It’s just one more DIY project that the new homeowners will have to take care of one weekend, and that’s not something they want to do. Save them some time now and increase your home’s value by smoothing out your ceiling’s texture with a scraper. Yes, it isn’t the most fun way to spend a weekend, but the payoff for your house’s value is worth it.
19. Add In A Water Filtration System
You cannot undervalue the importance of clean water. It’s incredibly easy to install a water filtration system into your faucets and homebuyers will greatly appreciate this small detail. In fact, you could make this feature a unique selling point for your home in the future. Plus, it will be another valuable addition to your home that your family will benefit from in the meantime! Are you still not convinced? Take a quick look at this short video to see just how dirty your tap water could actually be.