10 Ways to boost the value of your house

Before placing your home on the market here are some simple steps to boost the value of your home.

  1. Revamp the entrance.
    First impressions make lasting impressions so paint your front door a colour like red or blue, keep the entrance nice and bright so that everyone, entering the home will get a good vibe.
  2. Refresh with paint.
    Paint the inside of your home in neutral shades so that it blends in with any furniture.
  3. Update flooring.
    Get carpets professionally cleaned, if floorboards look worn then have them re-sanded washed, stained and resealed.
  4. Quick kitchen fixes.
    Update cupboard doors and handles. Replace the benchtops.
  5. Replace the splashback.
    Sometimes making one major change in the kitchen is enough to lift the whole room, so if you don't want to change the cupboards just change the splashback.
  6. Change the light switches.
    Get an electrician to replace old yellow light switches they are reasonably priced at the hardware store so your biggest outlay would be for labour.
  7. Rethink window treatments.
    Get the windows cleaned make sure that latches are in working order and get any broken or cracked panes replaced.
  8. Makeover the bathroom.
    You can make a big difference to the bathroom by replacing the toilet, sink and tapware. Paint over discoloured grout.
  9. Fit new taps.
    If the bathroom and kitchen are in good shape but need a little updating, fit new taps. Good taps suggests good plumbing.
  10. Tidy the garden.
    Do a general tidy up, fill any gaps with potted plants so you can take them with you when you leave. Give the paths and paintwork a good clean with a high pressure hose. Make sure that the barbecue and outdoor furniture is nice and clean.
Published on July 7-th, 2009 in Financial Planning
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.

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