Snow Day Home Projects: Easy Upgrades to Increase Property Value

Snow Day Home Projects: Easy Upgrades to Increase Property Value

Winter might not seem like the typical time for home improvements, but it’s actually an ideal season to enhance your home’s value. Whether you’re preparing to sell or simply want to elevate your living space, making strategic winter-friendly updates can significantly boost your home’s appeal.

Here are specific strategies tailored to maximize your home’s value during the colder months.

Interior Upgrades:

1. Fresh Paint: Costing between $200-$500, a fresh coat of paint on your home’s interior can yield a significant return on investment (ROI) of 107%, considering variables like paint quality, color selection, and overall finish. Opt for light, warm colors like creamy white, light gray, or sage green, as these hues are trendy among U.S. buyers and create a welcoming ambiance.

2. Deep Clean & Declutter: A thorough deep clean, often achieved through professional services, comes at no specific cost. Maximize space and declutter effectively, potentially even renting storage units if needed.

3. Upgrade Hardware & Fixtures: Ranging from $50-$200, upgrading hardware and fixtures can help increase value. Choose modern brushed nickel or stainless-steel finishes. Additionally, smart video doorbells enhance security and can boost value as well.

4. Stage with Cozy Touches: Staging can cost around $1,600. Include fluffy blankets, seasonal decorations, and freshly baked cookies before showings. Seventy-three percent of staged homes sold for over list price — an average of $40,000 higher — and staged homes move off the market nine days faster than the average, according to a 2021 survey by the Real Estate Staging Association (RESA).

Exterior Enhancements:

1. Curb Appeal Refresh: With a cost range of $50-$100, a curb appeal refresh can increase perceived value. Plant winter-hardy shrubs like evergreens, refresh mulch, and paint your front door in a bold color for a welcoming entrance.

2. Update Lighting: Installing solar-powered landscape lights and warm LED bulbs, costing between $50-$100. These upgrades improve energy efficiency and enhance curb appeal.

3. Hang a Festive Wreath: A simple investment ranging from $20-$50 can add subtle but positive value to your home’s exterior. Choose a classic evergreen wreath or a more modern minimalist version for a touch of seasonal charm.

Bonus Tip: Highlight Smart Home Features

Do you have smart thermostats, lights, or appliances? Make sure to highlight these features in your listing. Smart home technology not only adds convenience but also appeals to buyers seeking energy-saving benefits.

Remember, these upgrades come with estimated costs and potential value increases, and actual figures may vary based on your specific home and market conditions. For personalized advice and insights tailored to your area, consulting a local realtor is invaluable.

This winter, invest in these strategic updates to not only increase your home’s value but also create a more inviting and comfortable space for yourself and potential buyers.

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