The social distancing mandates have resulted in us spending a lot more time in the comfort of our homes, and spending a lot more time at home means you’ve likely noticed a few areas itching for improvement. Those kitchen cabinets could really use a fresh coat of paint...or those baseboards that never got redone when you bought the place. Or that rustic chic barn door you want for your bedroom that was slated for last spring? Though the economy is reeling from the recent COVID-19 coronavirus slump, now is the best time to start that home improvement project you’ve been putting off, and here’s why.
One would think that during a recession it would be wise to lay low and save as much money as possible, but when it comes to home renovations that is hardly the case. Once the economy bounces back, all of the building materials, decor products and other discretionary supplies are going to become more expensive. Very little on the construction side is happening so independent contractors are always looking for work. You might even find that building materials such as rebar, copper, brick and concrete are on the cheaper side as well.
On top of that, wouldn’t it be nice to be stuck at home and actually enjoy your space? I think so too! Maybe you’ve been wanting to take your little fixer-upper and drop a new coat of paint on it. There’s no better time to do this than right now.
When you’re doing all these cute little projects that seem to be just things to do to pass the time, you’re actually adding value to your home. But what if you’re unsure of which home improvement projects to tackle? Well, we’ve got a quick list of inexpensive ways to add value to your home:
- Change your doorknobs. Details matter. You can add a nice, modern touch to your home by replacing old door knobs in your kitchen and throughout your home. Find a doorknob style that suits the aesthetic of your home.
- Replace light fixtures. Switching out old light fixtures for updated ones can give your home a much needed lift. The right light fixture can give your home a brighter, more modern look. In addition, consider replacing outlet switch plates to match.
- Go for a bathroom mini-makeover. You can add a lot of value to your home by giving your bathroom a mini makeover. A new vanity, showerhead and sink can make a huge difference in not only the look of your bathroom but you can also increase the percentage of your ROI.
- Update your front door. When it comes to adding value to your home, replacing an old front door can also work wonders. The first thing anyone sees when they look at your home is the front door so you want to install something that is eye-catching but not overbearing.
- Replace your kitchen appliances. We work hard to keep our families fed; so do our fridge and stove! That appliance upgrade might be more affordable than you think: 3.7 million Americans replaced their built-in kitchen appliances in 2017 at an average cost of $517. Even if you aren’t ready to purchase new appliances, we strongly encourage you to protect the ones you already have with a home warranty.
We at The Verity Group have a team of contractors and home improvement experts available to help you get your project started. We want to help you find a way to give your home a much needed lift. Contact us or give us a call at 757.452.8974 and we’ll get a home improvement plan started for you!