Your home is an asset and the equity you build as you pay it off can help increase your financial stability. But there are other ways you can increase the value of this investment, too! Even small home improvement projects can transform your space without breaking the bank - from enhancements to appliances already in your home to updates that can make your space feel new (minus the steep price). In today's blog, we offer three simple ways to boost the value of your home.

Revitalize your walls with a fresh coat of paint
Usually, when we think about adding value to our homes, painting isn't top of mind. But a fresh coat of paint can revitalize your space while also adding value to your home. Something as simple as a fresh coat of paint can make your home feel new again, and based on the type of paint you purchase, could even provide protection for your walls from everyday wear and tear! Neutral colors can also make your rooms look larger and brighter, while choosing a bright accent color on one wall can give your space a focal point that pops.

Install a water filtration system in your kitchen
Another small way to increase the value of your home is by installing a water filtration system in your kitchen. Purifying your tap water will help remove toxins, bad tastes, and odors and can even decrease your grocery costs as you can remove bottled water from your shopping list. Not only is bottled water expensive, the waste caused by the plastic can be harmful to the environment. Installing a water filtration system in your home is an inexpensive and environmentally friendly addition to your home.

Give your kitchen cabinets a facelift
Giving your cabinets a facelift is another quick and relatively inexpensive way to add value to your home. If you are looking to sell your home or just wish to improve your home's equity, consider changing up the cabinetry in your kitchen. A different finish and new hardware can upgrade the appearance of your kitchen, making your space feel more modern and new.

Low maintenance renovations can be key to improving your home on a budget, from fresh paint to new cabinet faces, and when done correctly, can even increase your home's value. Small projects like these are inexpensive and can make your space more visually appealing. And when you're ready to embark on a larger project like a renovation, consider the flexibility of DCCU's Home Equity Plus.

This article is for general infromation only and not intended to provide specific advice or recommendations for any individual. 

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