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Home improvement can seem like a never-ending project. However, certain projects should take priority over others. These projects are the ones that can increase your home’s value, which is extremely important if you’re planning to sell.
When people think about projects that improve a home’s value, they often jump to complete remodels, especially in the kitchen or bathroom. While these do impact your ROI, there are often small home improvements you can make on a budget to improve the look and feel of your home, making it more appealing to home buyers. See a few ways you can update your home on a budget.
Upgrading your home, big or small, is no easy task. To do it right, you may need the help of a pro. Contact a remodeling contractor today for up to four quotes from pros in your area.
Budget-Friendly Kitchen Projects
Kitchens projects are one of the top to-dos on a homeowner's list. Not only is this a space where many tend to gather, but it also can increase the value of your home. However, it doesn’t always mean a complete remodel. Here are a few ideas you can use in your kitchen.
An old backsplash is the first giveaway of an outdated kitchen. Out-of-date materials as well as backsplashes that are stained should be fixed to improve the value of your home and the look of your kitchen. Choose from trendy options such as subway tile or glass mosaic. The cost to install a backsplash depends on the material, but on average, you can expect to pay between $22/sf and $41/sf for your new backsplash.
While replacing cabinets is an expensive endeavor, repairing your cabinets can be cheaper and important if you plan on keeping them in good shape. The average cost to repair cabinets is $317, with most homeowners spending between $188 and $318.
However, after the repairs, if you still want to change the look of your cabinets without a new installation, consider restaining or painting them to update your style. These are certainly budget-friendly options that you can also DIY.
Install A Sink
A new sink can improve the value of your kitchen, especially if you have an older sink. Farmhouse sinks are the hot item to have right now in the kitchen, but can be pricy. Undermount sinks can be cheaper while still upgrading your look, with minimum cost starting at $167 and maximum sink cost of $236.
Budget-Friendly Bathroom Projects
The bathroom is another area where you can significantly increase the value of your home. In fact, it’s an area that can make or break a sale for some homebuyers. Staying up to date on the latest bathroom trends are helpful. Here are a few ideas you can try.
The appearance of your bathroom fixtures is one of the first ways you can tell if your bathroom is outdated. Replacing a faucet or showerhead is simple and tends to cost less than other bathroom projects. Replacing your showerhead is an easy project to DIY, where the only cost will be the materials you need. Most range from $30 to $60 depending on the style you choose.
Faucet replacements are also a needed upgrade for an outdated bathroom. You’ll be surprised at what a difference it can make. However, this is more expensive than a showerhead change. The average cost to replace a bathroom faucet is $235, with most homeowners spending between $174 and $250.
Eco-friendly home upgrades is what homebuyers are looking for. If you have an old toilet, it’s likely to be using more water than it needs. Newer models, especially Energy Star rated toilets, are built with water efficiency in mind. While much of the cost of this project will come from the purchase of the toilet itself, the average cost to install a new toilet is $355.
When was the last time you cleaned your bathroom grout and tile? If you can’t answer that question, it’s time for a cleaning. While the average cost to clean grout and tile is $412, you can easily save money by making this a DIY project, if the buildup is easy enough to remove. Spray white vinegar over your tile and sprinkle baking soda on top. Scrub grout with a toothbrush to clean. When you’re done, rinse off with water for sparkling clean tile!
Budget-Friendly Basement Projects
While finished basements are a great way to increase the value of your home, it’s a costly project to complete. Instead, there are ways you can spruce it up without a complete remodel. Checking for any foundation issues may not be the most glamourous way to restyle your basement, but they should be inspected and repaired before you make any decorative changes.
If you’re looking for a low cost home improvement project, consider improving your basement floor. Finished or unfinished, this can make a huge difference in the quality of the space. This is also a great project to DIY. To see more, read How To Paint A Basement Floor.
Replace Light Fixtures
Lighting in a room can be looked over for larger projects, but changing a light fixture to something more stylish can truly brighten up a space or a home exterior. Statement lighting is popular right now, so if there’s a time to make this change, it’s now. Most of the cost of a light fixture replacement will come from the fixture itself. Smaller fixtures, such as wall sconces will cost less than chandeliers. The average cost to install a light fixture is $421.
Home improvements do have costs associated, but they don’t have to break the bank! These small upgrades will help improve your home if you’re preparing for a sale or just want to update your look.
Looking for more ways to improve your home while staying within your budget? Read 7 Little Upgrades That Make A Big Difference In Your Home.