When people begin thinking about selling their condo, upgrades can be a first step many people take. However doing too much, or upgrading things that don’t provide much return can be a waste of time and money.
We have put together our list: of 3 upgrades to invest in and 3 to forget about.
3 Upgrades To Invest In:
A fresh coat of paint can easily brighten up and revive a room. Try to stick with neutral colors and add in pops of color elsewhere, such as throw pillows or artwork. Painting is a relatively low-cost upgrade that can have a big impact.
Plus a fresh coat of paint will cover and dings in the wall, nail holes, etc.
Do: A Kitchen & Bath Face-lift
You might have heard that an upgraded kitchen and bathroom are two of the best areas to focus on when upgrading your condo. However, you can do some smaller upgrades that will make a big impact without costing a fortune.
New faucets, drawer pulls and resurfacing your cabinets are affordable ways to revitalize the space. Some appliance manufacturers sell new and alternate colored faceplates.
For example, swapping out the front of your dishwasher to match the other appliances is a great way to save money and tie things together.
You can take the same principles to give your bathroom a quick makeover. Vinyl tiles can go on the floor, right over what you currently have. Do a deep cleaning of the grout, and re-grout if needed.
Fix any cracked tiles or broken hardware. (Wobbly towel racks, etc.) Another option to a complete shower renovation is to install a pre-fab cover. This is much cheaper than doing a whole shower overhaul.
Planting some flowers out front or covering dirt with a pretty, fast spreading ground cover will give your home instant curb appeal. Of course, always run it by your HOA first!
Depending on your climate, you can plant succulents or lay down pretty rocks to keep the space well maintained, but low-maintenance.
Maybe hang up a bird feeder and some hanging plants. Small touches and a well-groomed yard will draw anyone in.
1 To Forget About:
Don’t: Do A Major Renovation to The Kitchen or Bathrooms
Don’t waste your money with a complete overhaul unless it is absolutely necessary due to water or fire damage. The cost does not make sense, especially when property buyers will have their own tastes. Many homeowners would prefer a credit to the condo price allowing them to upgrade on their terms.
In summary: Don’t over-improve… keep it simple!