If you’re planning to sell your home in Panama City Beach soon, you might be surprised at how much you can benefit from a few affordable home improvements. These are some of our best ideas for what you can do for under $1,000 to boost the resale value and appeal of your home before you sell. Contrary to what some people may believe, there are upgrades and home improvememts that can actually decrease your homes value and desirability among sellers. Stick to the upgrades that are sure to help your home sell!
Upgrades to Boost Your Resale Value
Painting
Never underestimate the power of a fresh coat of paint, either inside or outside the home. Fresh paint is one of the most cost-effective ways to transform your home and boost its resale value. It can make spaces look cleaner, brighter, and more modern.
- Interior Painting: Choose neutral colors like beige, gray, or white, which appeal to a wide range of buyers and create a blank canvas for their own decorating ideas. Focus on high-traffic areas such as the living room, kitchen, and hallways. You can also create an accent wall for a touch of character.
- Exterior Painting: A fresh coat of paint on the front door, trim, or shutters can greatly enhance your home’s curb appeal. Ensure the exterior paint complements the overall style of your home and fits in with the neighborhood aesthetics.
Kitchen Backsplash
For just a few hundred dollars, you can completely update your kitchen backsplash. Adding a new backsplash can modernize your kitchen and make it look more upscale without a full renovation.
Affordable options include ceramic or subway tiles, peel-and-stick tiles, and stainless steel. These materials are not only cost-effective but also easy to install, making it a perfect DIY project. A well-chosen backsplash can add color, texture, and interest to your kitchen. Opt for classic designs that have broad appeal and ensure the installation is neat and professional.
Lighting Fixtures
Updated lighting fixtures can dramatically improve the ambiance and functionality of your home, for less than you might think. Consider replacing outdated fixtures with modern, energy-efficient options such as LED lights. Pendant lights, chandeliers, and recessed lighting can add a touch of elegance and sophistication.
Focus on key areas like the kitchen, dining room, and entryway. Well-lit spaces feel larger and more inviting, enhancing the overall appeal of your home. If you don’t plan to update all the lighting, make sure to update everything in one area. If you replace just one fixture and leave older, mismatched fixtures within the same part of the home it can actually look worse.
Hardware
Replacing old hardware is a simple yet effective way to refresh your home’s look and boost the resale value of your home. You can likely do it yourself, for as little as $50-$100 dollars. Swap out dated or worn handles and knobs in the kitchen and bathrooms for modern, stylish ones. This small change can make cabinets look brand new.
Update interior and exterior door handles and hinges to match your new fixtures. Choose finishes that are popular and contemporary, such as brushed nickel or matte black.
Bathroom Updates
While an entire bathroom renovation might not be in the budget, there are some affordable updates you can do that make a big impact. Small upgrades in the bathroom can make it look more modern and inviting. Replacing the bathroom vanity, sink, and faucet can give the bathroom a fresh, new look. There are many affordable options available at home improvement stores.
You can also upgrade the showerhead to a modern, multi-function model. Also, replace towel bars, toilet paper holders, and other accessories to match the new fixtures.
Don’t underestimate the impact of just refreshing the basics. Freshen up the caulking and grout in the bathroom. Clean, white grout and caulking give the impression of a well-maintained and hygienic space.
Is it worth it?
Some sellers wonder if simple, inexpensive improvements are actually worth the efforts and provide the desired resale value when it comes time to sell.
Linda Edelwich at William Raveis shared her thoughts:
“Investing in affordable home improvements before selling your house can make a significant difference in its market appeal and resale value. Simple upgrades like fresh paint, modern lighting fixtures, updated hardware, and well-maintained landscaping can transform your home, making it more attractive to potential buyers. These small investments can lead to quicker sales and higher offers, maximizing your return without breaking the bank.”
Want to learn more about selling your home in Panama City Beach? Contact us any time.