Every homeowner has a list of improvements they want to do to their house to get top dollar. If you are an avid HGTV fan, then, you know just how important spending some money can be, in order to get a great return on your investment when you go to sell. However, most home sellers don’t have the kind of money HGTV home sellers have and, therefore, we have created a list to match the budget of every home seller.
If You Have $100
First impressions go a long way, so if you have $100, you should consider focusing on the curb appeal of your home. Nothing makes a home look more beautiful than adding some flower beds, mulch around the trees, and other plantings. Try to stick to bright, cheerfully colored flowers like pink and yellow. They grab your attention and add some nice curb appeal to your home. You can also choose to add some new accessories to your home like a new mailbox, house numbers, planters, or even a new front door.
If You Have $500
Paint your home’s exterior, shutters, and trim to add even more curb appeal. You can also add a fence to your backyard to draw in buyers with kids and pets. Since Florida is known for outdoor entertaining in the summer sun, a good investment would be to get the outdoor area power washed by a pro. Doing a good cleanse of the patios, decks, and walkways can do wonders for your home and make it look like new.
If You Have $1000
Freshen up your homes interior paint, just keep in mind that bold colors aren’t what most buyers are looking for. Sticking to neutral shades is your best bet to get top dollar. You can also upgrade your broken furniture or even some of your outdated furniture. Invest in key items that add pops of color and modernity throughout your home.
If You Have $2000
Change up your countertops. With a modicum of construction skill, this can be a DIY project that improves the whole look of your kitchen. You could even open up the space by removing a wall. The open concept trend is huge right now and buyers love being able to be in the kitchen and see straight into the living room. So, if you have a non-load bearing wall separating the two room you should consider tearing it down. Another simple way to update your home is to show your crown molding some TLC. Do away with cracked or chipped trim that can add years to the appearance of your home. Also, make sure that your living room or entryway look cohesive and finished.
If You Have $5,000
Update your half bath and make it incredible. Unique spaces will make your home more memorable and it could also increase your value by $7,000. Another good return on investment is to transform unused spaces like the attic and basement. Unfortunately, in Florida, many of us don’t have basements, but, if you have an unused space, you could turn it into another bedroom or family/play room. However, adding a deck to your home is much more Florida friendly and home buyers love outdoor entertaining spaces! By adding a deck, you can hold 65% – 90% of your investment.
If You Have $10,000
Replace the flooring in all the common areas like the kitchen, dining room, and living room. Depending on the type of flooring you get and how big your space is, you could save a ton of money. The new craze right now is tile floors that look like wood. The benefit to these floors is they come in numerous options and vary in price so you can get the perfect wood-look tile that fits your style and your budget. Plus, it has all the benefits of tile but it looks like wood. You could also update your kitchen appliances. Buyers love walking into a kitchen with fancy new appliances so this will be a great return on investment.
