Budget-Friendly Projects with a Big ROI

Laurie WallRemodeling

6905 Handel Colleyville

Whether you’re thinking about selling your house or want to spruce it up, you have a lot of options. Updating—and upgrading—your home can give you a big return in the long run, and make your home more comfortable while you’re in it. Consider one of these projects with a big ROI.

1. Kitchen

A full kitchen update can be costly, but you can make small changes that will make a big impact. To give your kitchen a more up-to-date look, consider replacing outdated appliances. They will not only make your kitchen more efficient for you, but they will also add a significant ROI if you’re contemplating a sale. 

Replacing the fixtures is an inexpensive DIY project that really updates the appearance of the kitchen. An upscale backsplash and new cabinet hardware can add a stylish new look to your kitchen design. 

Is the light over your dining table out of style? Consider buying a more contemporary fixture and changing it yourself. You might find one on sale at the big-box hardware stores. 

2. Bathrooms

If you’re selling your home, the bathrooms can make or break a sale. There are simple projects with a big ROI that will give your bathroom a fresh new look. Changing the lighting fixtures and updating the faucets and other fixtures will go a long way toward increasing the value of your home. Re-caulking the tub and surrounds is an easy way to give your bathroom a well-kept appearance. 

3. Floors

Depending on the condition of your carpet or of your laminate or hardwood flooring, you may want to consider new flooring. Replacing worn-out carpet or wood/laminate flooring will give potential buyers the impression that your home is well cared for and attractive. Any new flooring should be in a neutral color to appeal to more people. 

If your carpets are in good shape, make sure they are professionally cleaned so they look their best. 

4. Paint

Of all the projects with a big ROI, nothing gives a home a more dramatic facelift than a new coat of paint. Pick neutral colors for interior and exterior. New paint will revitalize your home, bring in more offers if you’re trying to sell, and make your house that much nicer and cleaner for you and your family. 

5. Curb Appeal

Curb appeal is the initial reaction people have as they drive by your house. What do you notice as you pull into your driveway? Are your hedges nicely trimmed? Is your front lawn well maintained? If your house is too dark at night, you might consider additional exterior lighting. Make sure the sidewalks and driveway are clear. Cleaning the yard, clearing debris, and trimming hedges will all improve your home’s curb appeal. Read our blog on How to Add Curb Appeal for more tips.

There are many projects with a big ROI that you can do yourself to give your home a new, updated look. If you are planning to sell soon or within the next couple of years, making a few simple changes will help you sell faster and for more money. If you want to stay put, updating and upgrading your home will increase the enjoyment you and your family have in your little piece of the world. 

A Good Investment

Knowing what the market looks like in your area can help you make an informed decision for your home remodel project. Sign up here for your free market report.