May 29, 2019
Low Cost DIY Home Upgrades That Increase a Home’s Selling Price
In addition to decluttering and staging a home before putting it up on the market, certain home upgrades can generate a great return on minimal investment. Some upgrades deliver an even greater profit since they can be done with little technical know-how.
Here are some quick and easy DIY home upgrades that cost $500 or less!
The kitchen is the heart of a home and the most scrutinized area by buyers. While doing a full kitchen renovation will most certainly help you to sell your home for more money, doing so could be a costly and time-consuming endeavor. A few quick fixes are all it takes to update a kitchen and increase a home’s selling price.
A low cost upgrade for your kitchen can be upgrading your cabinets. Instead of installing all new cabinetry, you can reface the doors. Alternatively, you can always paint the existing doors to give it a fresh new look. You should also consider replacing old hardware with something more modern. If you’ve got the space and the know-how, install a double sink. Most homebuyers today see this as a necessity.
Don’t discount curb appeal. Most buyers decide whether or not they’re interested in buying your home, and paying top dollar for it, the moment they’ve parked their car. Curb appeal is critical to a successful sell.
Make sure that walkways are in good condition. Plant a few well-groomed shrubs or flowers to provide a pop of color in front of the home and to create a warm welcome for guests. Finally, touch up paint on the exterior and install proper lighting.
How to Refresh Your Bathroom
Remodeling your bathroom can be a big job, but with just a few upgrades you can make a huge difference. Upgrade existing fixtures (lighting, faucets, and door knobs) to something more sleek and modern.
Ensure that your bathroom vanity is current. It’s a bonus to offer storage, which is often at a premium in bathrooms. A quick and easy decor idea is to hang a contemporary mirror (circular or another “funky” shape) over the vanity. That will add a chic accent and transform the space.
Buyers value energy-efficient features, and the bathroom is a great place to include these upgrades because it won’t take a huge investment. Install a low-flow shower head and a dual flush toilet. These eco-friendly features both look good and can save future owners money in operating costs.
If you have a larger budget, you can consider replacing your windows with energy-efficient ones (costs will vary per window). Remember: buyers always like features that will help to keep their costs low.
At the very least, repair cracks or seals around windows to make them as airtight as possible.
Nothing communicates that a home is clean and well-cared for than a fresh coat of paint. Painting your home is a quick DIY job that refreshes outdated rooms. Buyers will be more motivated to pay your asking price if they know they won’t have to take on time-consuming jobs, like painting, when they move in.
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