Jul 17, 2015
There are so many possibilities when it comes to remodeling your home. Deciding how to use your budget can be a difficult choice. Many remodeling decisions are based on how long you plan to stay in your home.
It’s important to remember that you won’t always get out what you put in when it comes to renovation. Each specific upgrade has a different return on investment. Adding a lot of small improvements together, however, can create a huge improvement on the property overall and really boost your renovation ROI. The whole package is more valuable than the sum of its parts.
Here are 8 ways to make the most of a $10,000 renovation budget!
A $10,000 investment won’t pay for a full kitchen makeover or leave you anything to make other household upgrades. Consider upgrading old, outdated appliances instead. Cabinet resurfacing and new countertops can be very affordable and make a huge difference in the look and feel of your kitchen. Just make sure you know your market and don’t overspend for your neighborhood.
2. Master bath.
Try upgrading the shower to a frameless glass shower enclosure, with new fixtures, and maybe a new vanity and countertops. New lighting can also go a long way.
Repaint the interior of your home with soft, neutral earth tones and pick up some bright pillows and accessories to add a pop of color.
4. New carpet.
Dirty, worn carpet will turn away a potential homebuyer in a second. Replace your old, stained carpet with a clean, soft, neutral shade.
5. Curb appeal.
Give your yard a little TLC. Trim up the hedges, plant some flowers, and paint the front door in a bright accent color. Strengthen your home’s first impression by adding shiny new house numbers and maybe even a new mailbox. If it needs it, give your home a good pressure washing.
6. Push the inside out.
If you have a room that overlooks the backyard, replace existing windows with French doors and build a small deck. This increases the size of the space and adds value to the house for very little money.
7. Heating and air system upgrades.
New HVAC systems will reduce your monthly utility bills over time and are a great investment. Homebuyers also like to see that the heating and air systems are well maintained.
8. Going solar.
In sunny climates like the Lowcountry, investing in solar technology can increase the value of your home and reduce your utility costs.
If you want to make a little piece of The Island your own, you need more than just a road map and a REALTOR. You need a partner who can make things happen.
Home Sales Hit a Record-Setting Rebound
Jul 24, 2020