Thinking about selling your home? Then it's safe to bet the thought of earning top dollar through your home equity pops into your mind frequently. In Denver's real estate market, selling your home quickly means selling it for more and some small fixes and finishes can earn you a speedy offer. By focusing on cheap ways to increase home value, you can boost your home equity without breaking the bank in the process! From clever home hacks to some old standards, we have the list for you.
Replace Doorknobs: $20-$30 each
Doorknobs present a unique and accessible opportunity to modernize your home. Select knobs that follow recent home decor trends to add affordable style at every doorway. As an extra bonus, doorknob replacement is an easy, do-it-yourself project.
Redo Your Backsplash: Price varies with backsplash selection
You've heard it before and we'll say it again home equity benefits most from kitchen upgrades. Though many kitchen update endeavors cost an arm and a leg, replacing a backsplash is on the more affordable end (especially if you're brave enough to do it yourself!) Select a backsplash that's neutral but still follows current trends to maximize buyer appeal.
Update Cabinet Handles: $2-$5 each
On the topic of kitchen updates, cabinet hardware certainly makes the list of cheap ways to increase home value. Replacing these small items can create a large visual impact and update a bland kitchen. Selecting hardware in a trendy metal finish instantly brings your kitchen into 2019.
Add Visible Storage: $15-$25 per shelf
Ikea provides a plethora of affordable shelving options that can help prospective buyers envision their very organized, future home. Plus, installing these is a piece of cake (as long as you can read the Ikea picture instructions!) Add shelving in the kitchen or living room with carefully selected decor placed atop for impressive showings to potential buyers.
Upgrade Your Sink Appeal: $25-$100 per faucet
Sinks looking drab? Consider replacing old faucets for a shiny new look. You'd be amazed at how many attractive faucets you can find at Home Depot or on Amazon! To save extra hard-earned dough, try replacing your faucet yourself.
Update Drab Lighting Fixtures: $50-$300, depending on the fixture (plus installation)
If we say, œ90s light fixture, we'resure you can picture the brass, flush-mount atrocities with ease. This type of dated home detail can turn potential buyers off big time. If your light fixtures look old or out of date, consider picking up some new ones, and hiring an electrician to install the replacements!
Frame Dated Bathroom Mirrors: About $75
If your bathroom displays a plain old mirror mounted to the wall, update it by framing it with painted baseboards. This creates a high-end look at a shoestring price - the ultimate in cheap ways to increase home value! Learn how to frame a mirror HERE.
Upgrade Your Home's Tech Quotient: $40-$60
Upgrade outlets in high-traffic areas to include USB ports. When it comes to cheap ways to increase home value, don't look past the very small things. Outlets have been the same for decades, but exponential tech development requires new outlet configurations. By adding this perk to a kitchen outlet and near nightstands, you'll spark excitement in prospective buyers. They should cost $15 to $20 each.
New Toilet Seat: Under $50
This one's easy. no one wants to use a dingy looking porcelain throne and adding a shiny new one subtly creates a œnew vibe in your bathroom. Installation is pretty simple and the impact can be priceless.
Listen To Your Realtor: FREE!
Your realtor walks buyers through hundreds of homes a year - they know what people are looking for and what home fixes will improve your home sale timeline and (ultimately) price. Listen to this amazing expert whose job it is to be on your side for your home sale.
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