
Spruce Up and Sell Smart: Top Home Improvements for $10,000 or Less
Selling your home? You want to maximize your return on investment (ROI) and get top dollar. But with a budget of $10,000 for improvements, where do you begin? Don’t worry, Orchard Hill Mortgage is here to help! Here’s a look at some fantastic home improvement projects that offer a high ROI and won’t break the bank:
Boost Curb Appeal:
Fresh Coat of Paint: This classic trick works wonders. A clean, modern exterior paint job in a neutral color makes a great first impression and can cost around $2,000 – $4,000 depending on the size of your house.
Upgrade Your Door: A beautiful new front door (around $1,500) adds a touch of elegance and security. Choose a style that complements your home’s architecture, and consider a glass insert to let in natural light.
Landscaping Magic: Liven up your yard with fresh plantings, mulch, and edging. For under $1,000, you can create a welcoming and well-maintained exterior that speaks volumes to potential buyers.
Focus on Function and Flow:
Kitchen Refresh: Give your kitchen a new lease on life with a budget-friendly makeover. Update cabinet hardware (around $200), replace outdated light fixtures with modern pendants, and install a sleek backsplash (around $500 for a small kitchen).
Bathroom Bliss: Similar to the kitchen, a bathroom refresh can work wonders. Replace old faucets and showerheads with modern fixtures (around $300), install a new vanity top, and add a stylish mirror. Consider a fresh coat of paint or replacing outdated wallpaper for a complete look.
Brighten Up: Natural light is a major selling point. Maximize it by cleaning windows, replacing heavy curtains with light sheers, and adding strategically placed mirrors.
Don’t Forget the Finishing Touches:
Deep Clean and Declutter: A clean and organized home always shows better. Hire a professional cleaning service (around $200) or dedicate a weekend to deep cleaning and decluttering every room.
Stage it Right: Invest in some throw pillows and stylish accents to stage your home for showings. Borrow furniture or artwork from friends if needed. Aim to create a warm and inviting atmosphere for potential buyers to imagine themselves living there.
Remember:
While these are great options, consider your local market trends. Talk to your real estate agent for specific recommendations on what will resonate with buyers in your area.
Get multiple quotes before hiring contractors.
Do your research on materials to ensure you get the best value for your budget.
By focusing on smart improvements with a high ROI, you can significantly increase your home’s value and attract more buyers when it hits the market. Here at Orchard Hill Mortgage, we’re happy to help you navigate the home selling process. Contact us today and let’s discuss your financing options so you can unlock the equity in your home and move on to your next chapter!