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Cost-effective tips to update and sell your home


Cost-effective tips to update and sell your home

With a few simple, cosmetic improvements, properties can appeal to a wider range of potential buyers and even procure a higher selling price.

When you’re getting ready to sell your home, making it look its best doesn’t have to drain your bank account. A few cost-effective, cosmetic improvements can significantly increase your home’s appeal to potential buyers, leading to a quicker sale and possibly even a higher selling price.

Entrepreneurial property agent Eric Wong shares some simple, yet effective ways to enhance your home cosmetically before putting it on the market.

  1. Repainting kitchen cabinet doors white – The kitchen is often considered the heart of the home and a bright, welcoming space can leave a lasting impression on buyers. Repainting outdated or worn cabinet doors white can instantly brighten the kitchen and give it a more-modern feel without the need for a full renovation. White kitchens appeal to a wide range of buyers and can make your space feel larger and cleaner.

 Cost estimate: less than $3000.

  1. Repaint strong-coloured walls to neutral colours – While your vibrant red dining room or your cosy green living room might perfectly reflect your personality, such strong colours can be a turn-off for potential buyers. Repainting walls in neutral colours such as beige or off-white can make your home appear more spacious, brighter and inviting. Neutral walls also act as a blank canvas, allowing buyers to easily envision their own furniture and decor in the space.

 Cost estimate: $800 for a room, including ceiling and door; $1200 for the bathroom and kitchen.

  1. Regrouting showers and tiled areas – Bathrooms are another crucial area that buyers pay close attention to. Over time, grout between tiles can become discoloured or start to deteriorate, making even the cleanest bathroom look unkempt. Regrouting showers, bathtubs, and tiled floors is a relatively simple and inexpensive project that can greatly improve the appearance of your bathrooms. Clean, fresh grout lines make tiled areas look new and can significantly enhance the overall appeal of your home.

 Cost estimate: $900 for the shower, with 15 years’ warranty,

  1. Changing lighting to bright LEDs – Good lighting can transform a space, making it appear more open, airy and inviting. Replacing old, dim-lighting fixtures with bright, energy-efficient LED lights can have a substantial impact on your home’s aesthetic. LEDs provide clearer, more natural light, which can highlight your home’s best features and make smaller rooms feel larger. Additionally, the cost savings and long lifespan of LEDs are attractive selling points for energy-conscious buyers.

 Cost estimate: $130 per light, including drilling the hole and patching the ceiling from the old fittings.

  1. Replace carpet with hybrid laminated floorboard – Old, stained or worn carpet can be a major deterrent for buyers. Replacing carpeting with hybrid laminated floorboards is a smart investment that can immediately update the look of your home. Laminate flooring is durable, easy to clean, and comes in a variety of styles that can mimic the appearance of wood, tile or stone. It’s also more cost-effective than hardwood flooring but still offers a similar level of sophistication and appeal.

Cost estimate: $100 per sqm installed, including removal of the old carpet.

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