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3 affordable features that can increase the value of your home
Renovating a home to sell it quickly and profitably does not necessarily involve expensive or time-consuming processes. Real estate mogul Sidney Torres highlights three cost-effective features that can significantly enhance a home's value. These include dimmer switches, under-cabinet lighting, and pre-finished engineered flooring.
Dimmer switches are an affordable way to create ambiance in a room by allowing occupants to adjust light levels. Torres recommends installing them in frequently used areas such as the kitchen, living room, bedrooms, and even bathrooms. According to HomeAdvisor, individual dimmer switches typically cost between $10 and $25, though some styles can reach up to $50. A project involving multiple dimmers usually falls within the $100 to $200 range.
Under-cabinet lighting, while simple, can substantially boost a home's appeal and value, particularly in the kitchen. Torres notes its budget-friendliness and aesthetic benefits, such as illuminating backsplashes and highlighting crown molding. This type of lighting also creates an illusion of greater ceiling height, making the kitchen feel more spacious. Additionally, under-cabinet lighting can contribute to energy savings. ImproveNet estimates that professional installation for each fixture typically costs between $230 and $330, with the total cost varying based on the number of fixtures.
Pre-finished engineered flooring offers an alternative to traditional unfinished planks that require on-site staining and finishing. This type of flooring arrives pre-engineered and ready for installation, simplifying the process and reducing labor time. Torres emphasizes the improved quality of modern pre-engineered flooring. While the material cost for pre-finished flooring may be higher than for unfinished options, the overall installation cost can be comparable or even lower due to reduced on-site labor. The primary advantage lies in time savings, as pre-finished floors eliminate the two to three-week process of sanding and finishing required for unfinished planks, thereby shortening the project schedule.
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