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February 11, 2014 / patrickbelhon

Seven Cheap Ways to Add Value To Your Home in 2014 – Tips from Patrick Belhon

Cheap Ways Value home-oldchart1967The housing market in San Diego and La Jolla is ready to take off. With more buyers on the market, there has never been a better time to sell. However, with this increased interest, there has been increased competition, which is why sellers need to be more proactive than ever.

When trying to sell a home, owners want to get as much value from their asking price as possible. While some people may have enough of a budget for major renovations, most sellers have limited means. However, a small budget is no reason to limit the asking price. Instead, consider the following cheap ways to make a big difference in your home.

1. Define your spaces. Daily life is messy, and most people arrange their homes to maximize their convenience. However, what is convenient is not always the most marketable. It is often easy to add value to your home simply by defining your space better. Turn your spare bedroom into a nursery. Transform your attic into an office. Create a library in your bonus room. Refresh the formal dining room with a large dinner table. Buyers like these unique spaces but will rarely realize that they exist unless you define them.

2. Leverage your nooks and crannies. It is not just a question of big spaces; it is also important to look at your small spaces. Most homes have some dead space, which often just collects junk or sits vacant. When you sell your home, make sure you address these spaces. While they may not subtract value from your home as is, they can certainly add value if leveraged correctly. Make a sitting space on the landing at the top of the stairs. Create an office nook in the mudroom. Even look outside and revitalize that old porch by turning it into a second dining room.

3. Be proactive. Most people will tackle the small projects they have been putting off, such as installing that missing baseboard or re-hanging a closet door. However, to really add value to your home, take your proactive fixing a step further and call an inspector. Most of the time, inspectors are brought in by buyers after an offer is made. There is nothing stopping sellers from bringing in an inspector earlier, though. While inspectors do cost money, knowing the necessary fixes in advance can be a great way to increase your home’s worth.

4. A burst of life. If you want your home to come alive for buyers, then add some life to it. This can be done literally by simply purchasing some plants. Add hearty greenery throughout the home, and make sure the plants outside are well groomed. For added color, potted plants are a great way to go, especially since the pots can be arranged decoratively to maximize their impact.

5. Streamline your storage. Everyone wants a home with good storage. Whether your home has a lot of or not as much storage space, be sure to showcase it well. Your storage areas should be well organized in order to best appeal to buyers. This can be done with some simple cleaning, and the addition of any storage systems can only help your cause. Even inexpensive wire storage systems can make a huge impact with buyers.

6. Sparkle and shine. It is obviously important to clean your home before putting it on the market, but pay extra attention to the small things. Normal fixtures, knobs and handles may seem insignificant, but they can make a home look dingy and old. Simply scrubbing these until they shine can have a dramatic impact. When these fixtures are beyond scrubbing, consider replacing them with something new. Sparkling faucets and gleaming light fixtures can make your home seem instantly new.

7. Less is more. The cheapest way to add value to your home is to take things out of it. Too many people focus on decorating their home, but what they need to think about is toning it back. Buyers do not want to see your things. They may not even like your style. Therefore, keep your decor simple. Put away your knickknacks and family photos, and your home’s worth will instantly increase.

Article Copyright ©2014 – All Rights Reserved Patrick Belhon

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