Jun 19, 2018 12:40:22 PM

Low Cost DIY Projects That Add Value

Topics: DIY, Property Investment, Mortgage Broker, Investors, Renovations, Home Renovations, Australia Mortgage 0

Cost is usually a major factor when it comes to any home renovations, and weighing up the cost versus return is an important part of your decision making. Whether you’re looking to sell your home or just freshen it up, here are a few low cost projects that you can do yourself to revitalise your home and add value.

lujia-zhang-530126-unsplashStart with the small things
It’s amazing how many things go unnoticed in a home. That leaking kitchen tap or the window that won’t open when it rains. Missing grout between floor tiles or an outside wall that hasn’t been painted in years. Fixing the little things first can make a huge improvement and needn’t cost a bomb.

Go for a garden clean up
While the weather’s not great, it’s easy to ignore the outside of your home. All too soon though, it becomes a much bigger task to tackle. Make the most of your outdoor space by clearing out overgrown flower beds, cutting back trees and shrubs, and disposing of dead branches and leaves. It won’t cost you much more than a few hours of your time.

Spruce up your outdoor areas
Mend any broken fencing and replace old outdoor lights to help spruce up the areas outside your home. Repainting your front door, fitting a new letterbox, and water-blasting the outside of your home and roof to remove mould and dead leaves are all easy fixes that go a long way to adding value to your property.

A kitchen facelift
Replacing a kitchen is understandably expensive – a more affordable option would be to add a few cosmetic touches. Replace cabinet and cupboard handles with more modern fittings. A lick of paint turns tired old cupboards into far more modern units. And new overhead lighting can really brighten up a drab and dreary space.

Change out old light switches and door handles
One of the quickest and most cost effective ways to spruce up a tired home is to swap out all the plug outlets and switches. Whether you change from the old almond colour to white, or go for a modern black finish, replacing your old dirty light switches and plug covers instantly freshens up a room. And don’t underestimate the power of household hardware: these small items - doorknobs, draw pulls and door handles – add style and sparkle to any room.

A deep clean
A professional carpet clean (or a DIY carpet steamer) can help your carpets look – and smell – their best. Whether you hire someone in or do you it yourself, steam cleaning your carpets instantly revitalises and refreshes your home.

Have your home valued
A good starting point is having your home valued by a registered valuer. That way you’ll know the current market value of your home and you’ll have a good idea of how much you need to spend in order to add value.

If you are thinking about buying or selling your home over the next few months, or you’re interested in refinancing in order to renovate, talk to a Mortgage Express broker about a home loan to fit your budget.

References:
http://yourloanhub.com.au/2018/02/ten-renovation-ideas-that-can-increase-your-homes-value/



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