5 Budget-Friendly Ways to Improve the Resale Value of Your Home

Whether you wish to sell your home in the near term or not, boosting its resale value can always pay off. It could mean renovating or remodelling your home to make better use of space, modernizing parts of it or simply beautifying the property. Even if you don’t sell the home, it could make living in that house all the more comfortable.

You don’t need to take on a large-scale remodelling project for this. Neither do you have to invest huge amounts of time or money. This is simply because regardless of the efforts you put in, home buyers will add to it based on their own needs and preferences. But, before putting your home on the market, some degree of home improvement is crucial to get the best possible price. If you are hesitant to go ahead with certain upgrades due to the expenses, take a look at how to ace it without burning a hole in your pocket.

1. Home Improvement Loans

ICICI HFC home renovation loans come with easily eligibility and simple document requirements. The loan amount starts from?3 lakh and goes up to?5 crores for multiple works, including waterproofing or plumbing. You also receive tax benefits for the home renovation loan under Section 24 of the Income Tax Act, 1961. So, pick the most convenient one from the four payment options available. You can look for special offers and discounted rates to avoid exceeding the budget.

2. Try Your Hands at DIY

There are plenty of do-it-yourself home upgrade tutorials on the internet. For example, painting the walls or fixing a leaking pipe can be done without professional help. In fact, you can also spruce up the front door and clean the landscape outside to increase the curb appeal. These can save significant amounts of money, which can be invested in more complex repair works.

3. Get Your Friends on Board

To replace the light fixtures or upgrade appliances, consider an extra pair of hands. You do not have to be an expert, simply create a practical plan to achieve your goals. Divide the work and ensure a deadline for each. You can reward them for their favour with a home cooked lunch, which is fulfilling and inexpensive.

4. Use Existing Materials

You do not need fresh paints or new hardware for a solid remodel. Search your attic for leftover resources or construction materials. If the products have been stored properly, this is the time to make good use of them. For all the touch ups, fixes and replacements, consider using existing supplies. In fact, you can also put up unused wallpaper or wall-paintings here and there for a creative makeover. This way, you avoid wastage, while ensuring a good bang for the buck.

5. Clean and De-Clutter

Nobody wants to move into a disorganized house. So, consider clearing away unnecessary items from counters, floors and shelves. This can also help address greater problems like mould or dirt accumulation. Shifting the furniture around can create an illusion of more space, which is a big factor in making a good sale. These are the most inexpensive ways to make your home appealing and prospective buyers love clean and pristine homes.

There are tons of ways to improve the efficiency of your home. However, to complete the project within your means, try these useful tips.

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