As your home remodelers Columbus, Ohio, NJW likes to provide budget friendly remodeling improvements to our clients that will be a good return on their investment.
These budget-friendly home improvements will help you enjoy your home more today — and possibly sell it for the most value tomorrow.
When it comes to home improvement, some dollars stretch more than others. And if you’re on a limited budget, it becomes even more important to spend those dollars wisely, so we are here to help!
Here are six affordable (under $5,000) home improvement projects that’ll help you enjoy your home more today and provide excellent financial return in the future.
- Add the Finishing Touch of Moulding
Decorative moulding is a classic touch. It’s a budget-friendly improvement that trims a room for a finished and expensive look.
Today’s wood mouldings come in hundreds of options — from simple to ornate — that you can stain, paint, or leave natural. You can also find mouldings in flexible materials, such as foam, that make installation a whole lot easier. Some moldings even include lighting that casts a soft, ambient glow.
Buyers consistently rank both crown molding and chair railing in their list of most desirable decorative features they seek in a home (#3 and #7 respectively), according to the annual National Association of Home Builders (NAHB) survey, “What Home Buyers Really Want.”
- Install Quality Ceiling Fans
If crown molding and chair railing were #3 and #7 on buyers’ decorative wish lists, what was #1? You guessed it, ceiling fans.
Over the years, ceiling fans have become quite the crowd pleaser. Once they were just a cheap solution to rising energy costs — ugly, wobbly, noisy eyesores endured because they were cheaper than air conditioning.
Today, ceiling fans have evolved into an essential component of American homes as energy prices continue to rise. Since designs have caught up with the times, they come in a variety of styles and colors to complement any room. If your ceiling fans are old and outdated, new ones (coupled with a fresh paint job and crown molding) could give your rooms a refreshing update while saving money.
- Install a Patio
Patios are a great cost-effective way to increase your home’s living space without actually adding on. Plus you’ll recover 30% to 60% of your investment. A $2,000 patio would return around $900 at resale. Don’t skimp on patio lighting. It can make all the difference in functionality and beautification.
- Do Almost Any Energy-Efficient Upgrade
The value of energy-efficient houses just keeps going up and up. NAHB’s report that surveyed homebuyers across the nation found that 9 out of 10 potential buyers would select an efficient home with lower utility bills over a less efficient home priced 2% to 3% less.
In fact, 39% of homebuyers say a gas fireplace is an essential or desirable feature of the next home they purchase. So when it comes time to sell your home, more than one-third of potential buyers will be looking for a gas fireplace.
In the meantime, it’ll be paying for itself in reduced heating costs.
- Add Some Creative Storage
We don’t have to sell you on the value of storage and built-in organization. Since when have you heard someone complain about too much storage? Never, we bet.
Adding storage is a no-brainer, but it does take a little brainpower to find your home’s hidden storage.
- Light Up the Outdoors
In our last post, we talked about exterior lighting and we are going to stress its importance here again! Exterior lighting makes your home shine in the evening, accents features you like most about your house, and helps keep burglars away.
And with technological advances in solar lighting, it’s easier and more cost-effective than ever to boost your home’s nighttime curb appeal.
Plus, 90% of buyers say outdoor lighting is on their list of desired home features.
Contact NJW to help you with your next home remodeling project! We currently build in Westerville, Worthington, Whitehall, Upper Arlington, Powell, Pickerington, New Albany, Lancaster, Hilliard, Gahanna, Dublin, Bexley, Columbus and all of Central Ohio.