Increasing the value of your home – while not breaking the bank – is a familiar endeavor for many homeowners, especially if you’re considering selling your home. How do you know if a DIY project will actually pay off?
Countless reality TV shows promise to teach viewers how to fully makeover a home, for less than the cost of a new sofa, while increasing home value. But what DIY projects really get you the most bang for your buck? Local real estate brokers shared some ideas for Colorado homeowners.
Fix Dated and Broken
Fresh paint (neutral colors), replace carpet or refinish hardwood floors, update light fixtures and wall plates, fix any closet doors that are off track. Fix any peeling paint on exterior siding and trim (to be eligible for FHA buyer).
Your Castle Real Estate, Inc.
Finish the Details
Often times a DIY homeowner will get the largest part of a project done but loose motivation to finish the remaining details. This may mean that they painted the entire room except for that one spot that was too hard to reach way up by ceiling of a tall wall. They may have installed beautiful wood floors but never got around to re-installing the baseboard or adding a quarter round piece of trim. Another way to update a home that is a relatively easy project for the DIYer is replace light fixtures with a modern style. Get rid of the builder grade brass.
Coldwell Banker Residential
At minimum, fresh paint on the entry door and any 2010 HGTV-suggested bold interior paint redone in lighter tones. Depending on season, enhance curb appeal with annual flower plantings and absolutely clean up the landscaping front and rear.
Keller Williams Realty DTC
Key House Elements
Paint, carpet (either replaced or cleaned), counter tops if they are not granite, new tile in the bathroom, caulk updated everywhere.
If you’re considering putting your home on the market or simply want to brainstorm ideas, talk with an experienced real estate professional. They can help you identify the right steps to take to get your home market ready and give you ideas for other ways to add value to your home.
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Originally published May 5, 2016 — Updated May 16, 2019