Grab a brush. One of the easiest yet most cost effective improvements is fresh paint, which studies show can bump up your home’s value roughly 1 to 2-percent. Keep in mind, neutrals appeal to the greatest number of people and look clean and updated — that spells value. And, on average, a gallon of paint costs about $25.
Hit the yard. Good curb appeal has been shown to increase a home’s value by 5 to 20-percent. Go beyond the normal mowing, weeding or mulching, and try planting shade trees. They can make your home look more desirable as well as potentially cut your cooling costs.
Mix it up in the kitchen. Kitchen remodels can get expensive, but even simple updates like installing a backsplash, new cabinet hardware or a light fixture can give your room a more modern look while adding value. And, like in the kitchen, even small renovations to a bathroom can equal big returns. Replace an outdated vanity, install lighting fixtures or add a new tile floor.
Be smart with technology. Technology evolves fast. But products like a smart thermostat or keypad locks can be useful for years to come. Features like these can help boost your home’s value between 3 and 5-percent.
Remember… Once you sell your home and make the move, contact your ERIE Agent to ensure your homeowners policy has the right coverage for your new home.
