A Little Can Go a Long Way: Sweat Equity

Whether you’re considering selling now or in the future, investing in your home through sweat equity has the potential to substantially increase the overall home value. Sweat equity is the labour and time that goes into a project. In this post, you will find a few cost-effective, do it yourself updates to leverage the value of your home.

1. Upgrade Fixtures

Small but mighty, updating fixtures can amplify the value of your home. Replacing outdated doorknobs, switch plates and outlet covers will freshen up the overall appeal of a home, making it more desirable to potential buyers. You may also want to look into updating kitchen cabinet knobs and handles or modernizing lighting options throughout the home. Fixtures are a simple, cost-effective solution that will boost the value of your home.

2. Freshen up Paint

Paint makes a big impact, changing the overall look of a room and amplifying the home’s value. Using colours on the lighter side of a palette typically make a room brighter, appealing to potential buyers and boosting the value of the home. The cost will vary depending on the size of the room, and the number of coats being applied. Painting goes beyond walls. Take a look at doors, baseboards, trim and kitchen cupboards. These are all areas that may benefit from a fresh coat. This is a relatively quick, cost-effective method to leverage the value of your home.

3. Crown Moulding

With so many designs on the market offered in various finishes, there is certainly a style that will compliment your existing home décor. Ranging in price and typically sold in 8-12ft pieces, crown moulding is a desirable addition for any entertaining space. If you don’t want to commit to doing an entire room, think about adding crown moulding to the top of kitchen cupboards for a tasteful look that is appealing to guests and buyers. Crown moulding is a unique, low-cost investment that provides added value for potential buyers.

4. Backsplashes

When it comes to backsplashes, the possibilities are endless. With plenty of shapes, materials and sizes to choose from, backsplashes can boost the value and aesthetic of any kitchen or bathroom. If you’re not comfortable with tiling on your own, connect with a local professional or take a look at peel and stick options. Backsplashes require a bit of additional planning and are sure to please potential buyers.  

5. Landscaping

Head outdoors and take a look at your home from a distance. This is what your friends, family, neighbours and potential buyers first see before they step foot inside. If you’re looking for a low maintenance solution, dig a garden where perennials and shrubs can be planted. Perennials and shrubs are a one-time investment that fills in space, requires little maintenance and looks stunning year after year. These will leverage the value of your home while drawing in buyers who are looking for a landscaped property.

With the help of these tips, you will be able to boost the value of your home in no time. If you’re looking to make bigger changes, we recommend connecting with a trusted interior designer and a real estate professional to find out exactly how to increase the value of your home through sweat equity.