Skip to nav Skip to content
  1. If you are likely to be impacted by Hurricane Erin, please get to safety. If you are impacted, please reach out to your FEMA representative for Disaster Assistance or file a flood insurance claim. Learn more on our Disaster Relief page. 

888-673-5521 Apply Sign In

8 Easy Ways to Add Value to Your Home

Read Time: 2 Minutes Date Published: June 01, 2021

Whether you’re planning to put the home on the market or just want to give it a low-cost facelift, we have eight awesome home improvements for you.

Woman painting room blue

1. Paint a Room

With just one fresh coat of paint, a dull room can be transformed to a bold one. Don’t want to make that big of a splash? Create an accent wall or add color to the trim for a trendy update to any room.

2. Brighten Your Bathroom

Though it may be the smallest room in your house, the bathroom commands a lot of attention. Additions like a new faucet, shower head, or medicine cabinet can enhance the room’s look and feel, without breaking the bank. If you want to spend even less time on the bathroom, making it literally sparkle with a thorough cleaning can do the trick.

3. Add a Bedroom

Additional common areas that barely get used could easily convert to a bedroom. The same goes for your attic. Although it takes a bit more time and money to complete, an attic conversion’s return on investment is huge if you’re selling the home. One more bedroom can be all the difference.

4. Keep Storage in Mind

If you live in a newly built house, storage should be plentiful. However, older homes tend to lack closet space, which can cause cramming. To maximize the space you do have, purchasing storage bins and organizational systems can open up areas you never thought existed.


Looking to change it up?


5. Upgrade One Part of the Kitchen

Installing a backsplash, updating cabinetry, or replacing your countertops are all do-it-yourself ways of spending a little to gain a lot. These upgrades are all eye-catching to prospective buyers or a great treat for yourself without breaking the bank.

6. Light Up Your Home

When it comes to showing your house, brighter is better. If you have less than appealing lighting in a room like the kitchen or living room, consider bolstering the room’s charm with a new fixture. Another option is to replace ceiling fan blades to update an existing fixture’s look.

7. Create Space

Open floor plans have become very tantalizing for both homebuyers and homeowners who simply want to make a big change. If knocking down a wall to combine two common areas is not in your budget, move around furniture in your living room and bedrooms to create needed breathing room.

8. Redesign Your Entryway

Your home’s entryway is the invitation to what’s inside, so it’s important to give it a facelift. You can go as big as replacing your front door, adding crown molding around the entry, and re-grouting your patio. If these ideas are out of your budget, consider adding flowers and plants, buying a new welcome mat, or simply painting the front door.

For more helpful tips on everything from mortgages to homebuying apps, be sure to check out our articles. If you think you’re ready to buy a home, get in touch with us and run some of your own numbers on our mortgage calculator.

Learn more in our other educational series.

We’ve assembled a treasure trove of jargon-free information to demystify home-financing and arm you with valuable insights and actionable options.

Why Newrez?

Newrez believes the lending business shouldn't just be about home loans - it should be about homeowners. That's why our employees get to know our customer's real needs, through final closing, and beyond.

Industry leading loan options
Simple pre-qualifications and application processes
Loans for everyone, from seasoned investors to first-time buyers
Putting power back into underserved communities

Disclosures

By refinancing an existing loan, the total finance charges may be higher over the life of the loan.

††The rate on your existing mortgage will not change. The Newrez Home Equity Loan program requires borrower to obtain a second mortgage at current market rates. Loan amount based on underwriting guidelines. Minimum 660 credit score. Minimum and maximum loan amounts apply. Program financing only available on properties with one existing mortgage lien and subject to maximum loan-to-value ratio. Not available in all states or territories. Other terms and restrictions apply. Please contact us for more information.

^ This HELOC is an open-end line of credit, available on owner occupied properties, where 75% of the approved full credit limit (minus the origination fees) will be drawn at the time of closing. Additional draws may be available after a 90-day period within the first 3 years not to exceed the available credit limit. Actual rates available to you may vary based on several factors including your credit score and combined loan-to-value. Loan amounts range from $50,000 to $350,000. We may determine home value and resulting equity through independent data sources and automated valuation models. An appraisal may also be required. Only available for eligible borrowers and property types. Not all applicants will be approved, pre-approval is based on data you have provided and certain assumptions that must be verified and subject to underwriting approval. Not available in all states or territories. Contact Newrez for more information.

This is not a commitment to lend. All loan programs are subject to credit, underwriting, and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply.