7 Weekend Projects to Boost Your Property Value
Whether you’re putting your home on the market in a few weeks or a few years, strategic upgrades can make all the difference. But you don't have to embark on a major remodel to make a significant improvement.
Even minor updates can have a big impact on your home’s aesthetic, and certain renovations can even boost its future sale price. From curb appeal to interior updates, here are seven weekend projects that will enhance your home’s current charm and long-term value.
According to a recent study, the color of your front door can boost—or lower—your home's sale price by thousands of dollars. Cement gray, for instance, was found to decrease purchase offers by an average of $3,365. The safest bets? Classic black or a mid-tone brown are proven winners.[1] Need help choosing the perfect paint or stain for your front door? We'd be happy to offer advice or refer you to a design professional for assistance.
2. Upgrade Your Hardware and Lighting
Swapping out old hardware and light fixtures for modern alternatives can easily and affordably elevate your space. Even just updating your lampshades and lightbulbs can create a brighter, more welcoming space. Additionally, many experts agree that high-quality lighting can show off your property’s best features when it comes time to sell.[2] Uncomfortable changing a light fixture yourself? Contact us for a referral to a licensed electrician for help.
3. Update Your Bathroom Fixtures
According to one U.S.-based study, for every dollar you spend on minor cosmetic upgrades—like swapping out the bathroom mirror or upgrading hardware—you’ll see a $1.71 increase in your home’s value.[3] If your bathroom vanity is in poor condition, installing a new one is a slightly bigger project, but it can also be a worthwhile investment. Reach out for a list of retailers who carry high-quality but affordable prefabricated options.
4. Give Your Kitchen Cabinets a Makeover
You don’t need to commit to the hassle and expense of installing new cabinets if your current ones are in good shape. Instead, consider painting them. Not only is it more affordable and eco-friendly than replacement, but Better Homes and Gardens reports that this option typically offers a greater return on investment.[4] If you’d like help, we’re happy to refer you to professional painters in our network.
5. Look at Your Landscaping
According to one study, curb appeal can account for 7% of a home’s sale price.[5] And in some areas of Canada, it’s among the top three renovations offering the highest return on investment.[6] One of the best ways to improve curb appeal is through landscaping—and it doesn’t have to be elaborate. When you’re ready to get started, reach out for a list of our favorite local garden centers where you can find all the necessary supplies.
6. Refinish Your Wood Floors
If your wood floors could use a touch-up, it’s well worth the time and cost. According to one U.S.-based study, it’s the project that pays off the most in terms of resale value, with an average 147% return on investment.[7] If you have a few days to devote to your floors, you can find the supplies and rent the necessary equipment from a local hardware store. Of course, we’re also happy to provide the names of trusted professionals who can tackle the work for you.
7. Clean or Replace Your Grout
According to Apartment Therapy, grout that’s in poor condition is often one of the first things a potential buyer notices when they tour a bathroom.[8] If your grout is simply stained, a focused cleaning session can make a big difference. But, if the grout is cracked, crumbling, or stained beyond repair, it’s time to replace it. Luckily, the right tools make that a very doable DIY project.[9] No time to tackle it yourself? Reach out for a recommendation of a pro who can help.
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CHOOSING THE PROJECT THAT’S RIGHT FOR YOU
Embarking on home improvements can be exciting, but it's essential to choose projects that align with your goals, budget, and skill level. Whether you're preparing to sell your home or simply want to enhance its value, there are projects to suit every homeowner. If you're unsure where to start, don't hesitate to reach out for personalized advice and recommendations. With the right approach, you can unlock your home's full potential and enjoy the rewards for years to come.
The above references an opinion and is for informational purposes only. It is not intended to be financial, legal, or tax advice. Consult the appropriate professionals for advice regarding your individual needs.
Sources:
1. Zillow
2. Realtor.ca
3. Zillow
6. HGTV Canada