Can you advise me on the best ways to increase the value of my home without having to spend a fortune ?

| 19 Oct 2015 | 09:02

The primary home improvement project that would increase the value of your home would be Kitchen and bathroom remodeling. Bathrooms tend to cost less than kitchen remodeling. You should consider removing the tub in the master bedroom to enlarge the size of the shower and bathroom space providing you have at least one tub elsewhere in the house. Customers love having a large bathroom in the master bedroom. You also should consider painting the bathroom so that it has a bright and clean appearance. The kitchen should also be freshly painted, even older cabinets can look new when painted with the right color. Granite countertops add more value to the kitchen than any other material.

Other projects that can increase the value of your home include building a nice wooden deck if you have an uneven back yard. Decks have a better return on investment than patios do. A brightly colored front door adds to curb appeal and increases the positive first impression. Potential home owners love clean storage space. Consider adding built in bookshelves to a wall to increase storage space.

An additional piece of advice is to make sure you keep bedrooms in tact rather than converting one to a home office. If you have 4 bedrooms or less, most consumers would prefer to have 4 bedrooms than to have 3 with a home office. By not converting a bedroom to an office you keep the value of your home at a higher level.

My final piece of advice is to ask a real estate expert about the average cost and recoup value of your home improvement projects. This way you are will not over spend on improvements that you won't gain back on the sale. Home sale prices vary by region. An expert can advise you on how much you could safely spend in order to increase the value of your home without taking a loss.