DIY Projects for Adding Property Value to Your Home

Although construction materials, fixtures, and other components for some DIY projects like kitchen and bathroom remodels, new additions or garages can cost several thousands of dollars to tens of thousands. There are some inexpensive DIY projects you can do to increase the property value of your home while adding curb appeal at the same time.

Most homeowners procrastinate about home improvement projects because either they doubt their abilities or they simply can’t afford to hire professional contractors; therefore, in most cases, their homes go neglected and eventually become an eyesore and undesirable in the real estate marketplace.

You are someone with a DIY attitude and drive to accomplish easy home improvement projects that work within a reasonable budget? You can use the list of three simple and inexpensive DIY projects below to increase the property value of your home while making your neighbors envious.

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3 Inexpensive DIY Home Improvement Projects

  1. Exterior Painting

Painting the exterior of your home can add several thousands of dollars to your property value. According to a report published by Zillow in 2018, painting your front door black can add $6,000 or more to your home’s property value. Depending on the condition of your exterior, more prep work may be required; however, the materials can be purchased for well under $1,000.

Painting the exterior of your home may require extension ladders or scaffolding. If you don’t own the equipment to reach certain heights both can be rented at reasonable rates from your local equipment rental provider.

  1. Interior Painting

Interior painting is a lot easier than exterior painting because most areas can be reached with a small step ladder. On the flip side of the coin, more care needs to be considered to protect furnishings and flooring as well as move stuff out of the way.

The good news, painting your interior walls, trim, windows, and doors isn’t that hard, and it also adds significant property and resell value to your home. The cost of materials to repaint the interior of an entire house can cost between $500 and $1,000.

  1. New Asphalt Shingles

Installing new asphalt shingles has many benefits from homeowners’ and real estate agents’ standpoints. Since the roof is the first line of protection for your home and its contents, it only makes sense to ensure your investment is protected. Asphalt shingles are reasonably priced when compared to other roofing materials like metal, slate, copper, etc. The average home with a pitched roof typically has about 1,500 square feet, asphalt shingles cost between $80 and $100 per square. Meaning, that a 1,500-square-foot roof requires 15 squares of roofing materials.

There are some other materials to consider such as tar paper, ice and water shield, nails, a vented ridge cap, and drip edge as well as the removal of the old shingles. A 1,500-square-foot asphalt roofing project may cost you approximately $2,000 in materials and some manual labor, but it can easily add $10,000 to your property value.

Other Inexpensive DIY Projects

 

Landscaping is something that not only adds curb appeal but also adds significant property value to your home. There’s a wide range of inexpensive landscaping projects that every homeowner can do without paying for professional landscaping services. This is also a good time to assess the condition of your windows and doors. New windows and doors are more energy-efficient than older models and can be replaced one at a time, which helps, especially if you’re on a budget.

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