Anyone who has ever embarked on a home renovation has the same question: How likely am I to get my money back when I sell?
Fortunately, there are several projects that will pay off in the long run. Scott McGillivray, host of DIY Network’s “Income Property,” is sharing renovation ideas that won’t break the bank, but will be sure to bring in some extra dollars.
New hardware in a bathroom instantly updates the look and feel of the space, so have your faucets, showerheads and lights complement your bathroom fixtures. Just make sure to check how effective the faucets and showerheads are BEFORE purchasing, and check the length of the warranty.
Disguising radiators quickly
Quickly re-vamp an eyesore like a radiator in a room by creating a simple cover to disguise it. A custom DIY cover can be designed to fit your space OR you can order a generic one. They come in a variety of styles and colors. A cover can be used as an added piece of furniture. If purchasing one, they are affordable starting at $60.
Develop room features
Consider adding flooring to a wall. This unconventional idea adds character to a room and offers an immediate feature wall. You can use engineered planks for easy installation, and also look into peel-and-stick options. Flooring comes with glueless instant-click installation systems, making it simple and fast.
Remove popcorn ceilings
By removing popcorn ceilings, you are increasing your home value and ridding your home of the “outdated” look. One important note: If the popcorn was added before 1979, get it tested for asbestos.
To remove the popcorn, first prepare the room by removing furniture and placing a drop cloth on the floor. Spray the ceiling with water (garden sprayer works best), and let it sit for 15 minutes. Scrap the ceiling with a ceiling scraper or putty knife· Using long, even strokes, it should scrape right off!
Bulk up on trim
Here’s a favorite trick: Add trim to plain window casing. It will add value, enhance the look of the room and help the house sell faster.
Measure your window —and measure again. Purchase MDF moldings (size and styles vary). Trim out the biggest windows first, then reuse miscuts for the smaller windows. Always fill in nail holes before painting.
You want buyers to love your home from the outside in. If your front door’s hardware is outdated, consider painting it. Updated hardware offers an open and inviting feel.
DIY storage unit
Home buyers are constantly looking for ways to maximize their space. By creating your own storage units in sparce places, it offers new uses of space for look and for functionality. Pick up bead board in pre-cut sheets, add pre-made drawers and extension rod. They’re an easy way to create your own mudroom cubby.