Whether you’re planning to sell in the near future, or you simply want to make a few meaningful improvements, there are many ways to boost the value of your home. Not all renovations have the same effect. Some can even decrease your potential asking price, such as removing a bedroom to expand an adjacent section. 

Fortunately, you don’t need to invest months or thousands of dollars into professional labor and materials to make a noticeable impact. Many DIY projects can render considerable returns on closing day. Here’s a look at 6 simple options.

Painting

One of the most affordable solutions is to add a fresh coat of paint. Buyers love to see a fresh blank canvas, preferably in a neutral tone. Granted, choosing the exact color can be tricky, so it helps to consult an expert if you’re unsure. Gray tends to be the safest choice. 

Water Filters

There are several reasons to install a water filtration system in your home. Aside from being a great selling point, it also saves the environment as well as your money for as long as you live there. It even protects your appliances by preventing the buildup of mineral deposits. 

While fully-fledged reverse osmosis systems can cost thousands of dollars, many budget-friendly options are available, too. You can explore them online through sites such as the Discount Filter Store. 

Landscaping

If you’re willing to exercise your green thumbs, a bit of work in the garden can go a long way. The front yard is particularly important, as it serves the first impression when prospective buyers arrive. Patchy, overgrown, and poorly-maintained gardens are a major deterrent, so making sure that yours is fresh and green is a good idea.

Insulation

Energy efficiency is a major concern for buyers today. Home inspectors will include the level of insulation in their reports, and properties that haven’t been modified cost more to maintain. Start in the attic, where adding insulation will cost $200 or less while saving hundreds more than that annually on your utility bill.

Look out for drafts or cold spots that suggest air leaks. These are usually due to cracks that can be sealed with little effort. Handheld devices such as thermal leak detectors can help you identify where insulation is needed most. Key areas include electrical sockets, light switches, doors, windows, basements and around attic hatches. 

Small Updates

Here are some simple changes with a big impact:

• Install modern and stylish faucets
• Change or repaint cabinet doors
• Add a backsplash in the kitchen
• Switch out old bulbs for LED lighting
• Tile the bath and shower area
• Buy a programmable thermostat

Deck Addition

If you’re able to splurge a little, perhaps you can build a deck to create a more desirable outdoor living space. Depending on how many bells and whistles you plan to add, it can cost anywhere from $1,200 to $10,000 or more. Material choice will also impact the final cost. 

So, what will you be doing to boost the value of your home? Take a look around and see what grabs your attention.