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20 Cheap Updates to Increase the Value of Your Home

20 Cheap Updates to Increase the Value of Your Home

Upgrading your home doesn’t have to cost a fortune. With some strategic updates, you can enhance its appeal and boost its market value without breaking the bank. Here are 20 budget-friendly updates to make your home shine:

1. Paint Walls with Neutral Colors

A fresh coat of paint in neutral tones like beige, gray, or white instantly brightens and modernizes any space. It’s affordable and creates a clean slate for potential buyers.

Add value to your home

2. Upgrade Cabinet Hardware

Switch out outdated knobs and handles in the kitchen and bathroom for modern options. Sleek finishes like brushed nickel or matte black add a contemporary touch.

3. Install Smart Home Features

Affordable smart devices like thermostats, doorbells, or lighting systems can appeal to tech-savvy buyers and add convenience.

4. Refresh Landscaping

Add curb appeal with low-cost landscaping. Mulch flower beds, trim overgrown shrubs, and plant colorful flowers to create a welcoming entrance.

5. Replace Light Fixtures

Swap old light fixtures for stylish, energy-efficient options. This simple change can dramatically modernize a room.

6. Deep Clean Carpets and Floors

Rent a carpet cleaner or hire a professional to remove stains and odors. For hard floors, polish and repair any scratches.

7. Upgrade Your Front Door

Paint your front door a bold, welcoming color or replace it entirely with a modern design. Add a new doorknob and knocker for an updated look.

8. Add a Backsplash

Peel-and-stick tiles are an inexpensive way to add a stylish backsplash to your kitchen or bathroom.

9. Declutter and Organize

Clutter-free spaces look larger and more inviting. Invest in storage solutions like bins and shelving to showcase a tidy, organized home. Decluttering is likely the least expensive thing we can do and can have a huge impact on everyday life as well.

10. Replace Outlet Covers

Old, yellowed outlet covers can make a room look dated. Replace them with new covers in a clean white or trendy metallic finish.

11. Power Wash Exterior Surfaces

Power wash your siding, driveway, and patio to make your home’s exterior look clean and well-maintained.

12. Upgrade Bathroom Fixtures

Switch out old faucets, towel bars, and showerheads for modern designs. Look for affordable sets that coordinate for a polished look.

13. Seal Drafty Windows and Doors

Use weather stripping or caulk to seal air leaks. It’s inexpensive and can save money on energy bills while making your home more comfortable.

14. Add Mirrors

Mirrors create the illusion of more space and reflect light to brighten rooms. Look for affordable decorative mirrors to enhance small or dim areas. Be careful not to over-do mirrors, and to keep them clean.

15. Paint or Stain Cabinets

If your kitchen or bathroom cabinets look dated, give them a new life with paint or stain. Opt for light neutral colors to make spaces feel larger.

16. Upgrade Window Treatments

Replace heavy drapes with affordable blinds or sheer curtains to let in more light and create a modern aesthetic.

17. Install Crown Molding

Add character to your home by installing crown molding in key areas like the living room or dining room. DIY kits make this project cost-effective.

18. Create a Statement Wall

Use peel-and-stick wallpaper or bold paint to create an accent wall that adds visual interest to a room.

19. Fix Squeaky Doors and Floors

Use WD-40 on squeaky hinges and tighten loose floorboards. Small repairs like these improve the overall feel of the home.

20. Update House Numbers

Replace old house numbers with modern, easy-to-read styles to improve curb appeal and make your home stand out.

These updates are budget-friendly and simple enough for most homeowners to tackle. Not only will they enhance the functionality and aesthetics of your home, but they can also increase its value when it’s time to sell. Start small, and watch your home transform!

Start with the exterior curb appeal, as this will always affect the value of your home whether you are selling now or not. The better the neighbourhood looks the more value all of the homes will hold.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.