Redfin’s blog recently posted an article on four low cost remodeling projects that one could do to increase the value of their home. The article goes on to say that the closer someone is to selling their home, the less they want to spend on remolding and interior design. Sellers want their homes to look nice to appeal to buyers, while at the same time, make as much money as possible when selling their home.
The first money saving project the article talks about is adding more natural light to the house. Adding more overhead lighting is not always the best answer. It is an expensive remolding project, and it might not get the seller the value that they are looking for. The article instead suggests replacing the windows with new clean windows. A do-it-yourself window replacement could costs between $150 and $600, depending on the window size. By doing this, future homeowners could decrease the size of their utility bill and have an aesthetically pleasing outside view.
Next on the list is a new paint job. A seller can consider paining their house themselves for only $200 while a professional paint team could cost you upwards of $2000. This makes the house look fresh and clean as opposed to the worn out paint that has been settling on the walls for years.
A nice refinish on cabinets does wonders for a kitchen. Over the years of opening and closing cabinet doors, they will get scratched and battered. Refacing or refinishing cabinets cost from $250 to $500 per door, which is a much better deal than having a professional team come in.
The last tip that Redfin’s blog has for a cost effective remodeling techniques is to use floor tiles to create a new floor. Tiles are a cheap alternative for replacing a worn out, scratched floor space. They are cheaper than having carpet, hardwood, or laminate installed. Installing tiles yourself can save you up to $1500, but it is advisable to consult with an expert before undergoing such a project.
This blog post is based off of this Redfin blog post.