DIY Projects to Improve Your Home’s Worth

11.04.2021 | Category: Homebuying

Updated: 07.29.2024

Tackling DIY projects to improve your home can be a daunting task, but the rewards are well worth the effort. Customizing your space to better suit your needs and creating a warm, inviting environment can be incredibly fulfilling. These enhancements can also significantly boost your home’s value in the long run. Whether you’re building equity for a cash-out refinance or preparing to sell in the future, increasing your home’s value is always a benefit. 

Here are some easy ways to spruce up your home in impactful ways: 

DIY Projects to Make Your House Feel like a Home

Add a Fresh Coat of Paint

One of the easiest and most cost-effective ways to give your home a fresh feel is by applying a fresh coat of paint to your walls.  Changing the color to a more inviting hue or adding accent walls with paint or wallpaper in rooms where people are most likely to gather can create a vibrant, welcoming atmosphere. This simple touch can not only freshen up your home’s look but can also increase its value. 

Adding New Home Fixtures

Another effective way to improve your home’s value is by replacing outdated fixtures around your home. This can be as simple as changing doorknobs and light switch panels, or as significant as installing new lighting fixtures, faucets, or showerheads. Upgrading these elements can enhance your home’s aesthetic, giving it a modern and cohesive look that make attract potential buyers, 

Consider Energy Efficient Upgrades

Being environmentally conscious as a homeowner offers many benefits. One effective upgrade is installing energy efficient windows that minimize heat loss in the winter and reduce heat gain in the summer. Additionally, enhancing natural light in your home can make it appear more welcoming and appealing to buyers. These improvements not only help the environment but also increase your home’s overall value. 

Projects to Make the Outside Reflect the Inside (of your home) 

Plant New Trees or Shrubbery

Adding new plants, trees, or shrubbery to your outdoor space can significantly enhance your home’s curb appeal. Extra foliage not only gives your home a fresh and unique look but can also help keep it cooler in the summer and provide a windbreak during the gustier seasons. The right selection of trees and shrubs can make your home more energy efficient as well as visually appealing. 

Front Door Facelift

The front door often forms the first impression of your home for potential buyers. To increase your home’s value or prepare it for sale, consider giving your front door some TLC. This could involve repainting, replacing windows, or fixtures, or even installing a new door altogether. A refreshed front door creates a welcoming and memorable first impression to anyone who may be visiting. 

Ensuring your house number is clearly visible near the front door is also important. A visible house number not only boosts your curb appeals, but also helps buyers and visitors easily identify your home.  

New Walkway or Patio

Re-doing or installing a walkway or patio can dramatically improve your outdoor space. If your garden or backyard feels dates or lacks functionality, adding a walkway or patio can dramatically improve your outdoor space. These additions are often seen as “luxury features” and can leave a strong impression on potential buyers. A well-designed walkway or patio not only adds aesthetic appeal but can also increase functionality and value of your home, making it a worthwhile investment and project. 

Some Common Home Improvement Pitfalls to Avoid 

Avoid New Trends

In recent years, trends have come and gone quicker than ever. When considering home renovations or DIY projects, it is important to avoid overly trendy additions that may soon look dated when displayed in your home. Focus on upgrading your home to suit your current needs, rather than jumping on every popular trend from social media. Timeless, classic improvements will have more lasting value over time. 

Don’t Take on More Than You Can Handle

It’s easy to imagine a long list of every little thing you want to change about your home. However, it’s crucial to be realistic when planning renovations. If you plan too many projects at once, it can quickly become overwhelming, leading to abandoned projects. DIY home projects should be fun and regarding, never daunting or burdensome. 

Don’t Underestimate Costs 

One of the most common mistakes homeowners make when planning DIY home projects is underestimating the associated costs. Before starting new projects, make sure to thoroughly research the costs of materials and the time required to complete it.

New home improvements don’t always need to be expensive or complicated; sometimes they can be managed easily without contractors or extra expenses. However, if you find yourself planning projects that may exceed your budget, a cash out refinance is a great option to help finance home improvements and DIY projects. 

If you are interested in learning more about your mortgage loan or refinance options, click here to visit Mutual of Omaha Mortgage’s full list of purchase loan offerings and you can get started today!