Finally, what's on your ceiling? Few structural elements date a house more than popcorn ceilings. So dedicate a weekend to ditching the dated look and adding dollar signs to the value of your home. This is a project you can tackle yourself. First, visit your local hardware store for a solution to soften the texture, then simply scrape the popcorn away. Removing a popcorn ceiling may not seem like a big change but one of the keys for adding value to your home is to repair, replace or remove anything that could turn buyers away.
Before we get started, I wanted to talk about what a “budget renovation” means. The word “budget” isn’t synonymous with cheap. Whenever you spend money, it’s a good idea to know how much of your total income or savings is allotted for the purchase, whether it’s simply a meal out, or something big like a new stove. If you’re planning to do work on your home, I recommend starting with a dollar amount that you’re able to spend before you begin making design choices. Then you can price fixtures and materials and begin to get a grasp on what will work with your budget and what won’t.
Save energy bill greenbacks by going green with a solar water heater. The installed price can cost up to $5,000, but these systems can slash your hot water bills by as much as 80 percent and attract energy-conscious homebuyers should you decide to sell. Install a solar water heater where there's unobstructed southern exposure and you'll have savings made in the shade.
Existing conditions in a house can radically change the budget and scope of a renovation, as sometimes something as seemingly simple as adding an additional outlet to a room can result in the rewiring of an entire home. If you know, for example, that you occasionally blow a fuse when you turn on your hairdryer and have the dryer going on at the same time, that should be a hint that you may need to upgrade your electrical system.
As different trends in home decor evolve, we have found that unique bathrooms are always a popular choice. Wet rooms might not function well with every bathroom design, but when you have space and resources for one, it can add a lot of value to the home. Most wet rooms include a shower and a toilet, without anything separating them. The uniqueness of wet rooms really comes into play when choosing flooring.The most important thing to remember when building a wet room is that everything must be able to resist moisture. Waterproofing your cabinets, flooring, and appliances is mandatory in order to have a well-functioning room.Flooring is one of the key features that distinguishes a wet room from other types of bathrooms. The flooring of the shower extends to the rest of the room, so it’s important to think about the fact that there is no separation happening there. This bathroom consists of open space with no steps or raised areas, giving you more flexibility to design something you wouldn’t be able to in other rooms.
The amount of money you spend each month on energy costs may seem like a fixed amount, but many local utility companies provide free energy audits of their customers' homes. They can show you how to maximize the energy efficiency of your home. An energy-efficient home will save you money now, which can be applied to other updates, and is a more valuable and marketable asset in the long run.
When I began my project, I created a spreadsheet and simply added everything I knew we wanted to buy. I added my flooring choice (calculated to include waste), lighting, faucets, paint, countertops, cabinet hardware, outlets and switch plate covers, tile, grout, appliances, and more! I had to make calls to get quotes for materials and labor, and even added tax to my budget sheets. After my spreadsheet was created, I could see areas that were eating up a lot of my budget, and then make adjustments by choosing less expensive materials, or deciding to cut out items altogether.
Worn, tired carpet will not only turn off homebuyers, but it can make you feel worn and tired too. Replace it with the hottest trend in flooring: renewable, environmentally friendly bamboo. Solid-surface floors are easy to keep clean and give your home an upscale look and feel. Green flooring choices, like bamboo, minimally impact the environment and are a big selling point to today's environmentally conscious homebuyers.
A "bright" way to increase the value of your home is to lighten up. Adequate lighting in a home makes a big difference. Not only does a bright, well-lit room feel more cheerful but it also makes spaces feel larger and cleaner. A well-lit room also shows that you have nothing to hide, so should you decide to sell, prospective buyers will feel at ease when touring your home. Hire an electrician to add recessed lights to a dim kitchen or family room or to brighten up a formal dining or living room with elegant sconces. You'll enjoy the bright effect now and your home will feel warmer and more welcoming to homebuyers.