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These Under-$1,500 Renovations Could Help Sell Your Home Faster
Homeowners looking to sell their properties quickly can significantly benefit from strategic renovations, as updated houses typically spend fewer days on the market. A report from Knock indicates that even minor improvements, particularly in bathrooms and kitchens, can accelerate the selling process. On average, properties with improvements sell in eight days, 30 percent faster than non-renovated homes. This timeframe can be halved to six days if homeowners complete two or more updates. The article outlines four cost-effective renovation projects, each costing under $1,500, that can help attract buyers and speed up a home sale.
One key renovation is a bathroom vanity update, with an average cost of $1,100. Bathrooms are a major selling point for properties, and a simple refresh of the vanity can significantly modernize the space. One example cited is Katherine Thewlis, who revitalized her vanity with Spackle, a fresh coat of paint, and a $5 gold leaf paint pen for the hardware, completing the dazzling upgrade in just 30 minutes.
Another impactful renovation is a shower remodel, costing an average of $1,043. A well-designed shower is considered essential by many buyers. Mark Baehser and Joey Meyers, as part of their bathroom renovation, replaced a tub-shower combo with a sleek walk-in shower. Their designer, Stephanie Lee, noted that removing the combo opened up the space, making the bathroom feel more expansive and allowing light to flow through.
A backsplash refresh in the kitchen offers a mini facelift for an average cost of $641. The article suggests a DIY approach, as demonstrated by Domino's chief creative officer, Kate Berry. She collaborated with artist Nathaniel Wojtalik to create a wallpapered backsplash using medium-density fiberboard and glass panels. The use of silicone to secure the wallpaper allows for easy removal, offering a chic yet temporary design solution.
Finally, a perfectly power-washed exterior, with an average cost of $480, is crucial for creating a positive first impression. The home's facade provides potential buyers with an initial glimpse into the property's condition. Power washing can remove dirt, debris, and even loose paint, preparing the exterior for potential painting or simply enhancing its curb appeal. Lifestyle DIYers Melissa and Andy Johnson power washed their home to prep it for a paint job, noting its effectiveness in cleaning and preparing surfaces. These cost-effective renovations demonstrate that significant improvements in selling time do not necessarily require substantial financial outlay.
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