Design Ideas That Will Increase Your Property Value
When it comes to selling your home, everyone knows about the importance of curb appeal. But according to real-estate experts, small updates can be made inside that are less costly and time-consuming than an exterior overhaul but will still increase your odds of fetching a good selling price. We turned to Jennifer Titus, a real-estate agent withCompass who works in the competitive Boston market, for her tips. Some changes take five minutes, some are weekend projects, but all of Titus’s ideas are likely to deliver a high return on your investment by wooing buyers and increasing your property value.
Make a big first impression
There’s no better way for a guest to be greeted than with a statement-making decorative chandelier, says Titus. “It’s eye candy, but it also brightens up a space that tends to be underlit and underdecorated.
Kick the bathroom vanity to the curb
A great way to refresh a home is to switch out boxy (and often timeworn) vanities with sleek cast-iron white pedestal sinks, says Titus. “The bathroom will feel bigger, fresher, and more modern.”
Refresh kitchen cabinets
“One of the highest returns on value for a small money investment in a home is to paint kitchen cabinets that are either aesthetically dated or have excessive wear and tear,” says Titus. Although she recommends having a pro do it (an amateur paint job can make them look worse), she estimates that painting is still 10 to 20 percent the cost of buying brand-new cabinets.
Swap hardware everywhere
“It can be costly to keep up with design trends, but one solid investment for modernizing a home is to replace hardware,” says Titus. “It’s like a simple T-shirt and jeans looking fabulous because they’ve been paired with fashion-forward shoes.” Swap out doorknobs, handles, and knobs on built-ins and shutter latches; polished nickel or bronze are both on-trend and in demand now, she says.
Paint, paint, and paint
Repainting your home is the best way to freshen up an interior. Play it safe with your color choices, though. “A neutral paint can reflect light and make a room appear larger,” Titus says. “But the wrong color palette can define and weigh down an entire space.”