{"id":596,"date":"2023-04-04T21:17:10","date_gmt":"2023-04-04T21:17:10","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/home-renovations-on-a-budget\/"},"modified":"2023-04-14T15:33:46","modified_gmt":"2023-04-14T15:33:46","slug":"high-value-renovations-home-renovations-on-a-budget","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/high-value-renovations-home-renovations-on-a-budget\/","title":{"rendered":"High value Renovations: Home Renovations On A Budget"},"content":{"rendered":"

\"high<\/p>\n

High value renovations like these don\u2019t have to break the bank.<\/h2>\n
\n

If you\u2019re looking to get the best return on your investment or just improve your property to attract high quality tenants, a kitchen remodel is one of the highest value projects. The most recent cost vs. value report, released in January 2014, shows that property owners will recoup 82.7 percent of the cost on a minor kitchen remodel, an increase of more than five percent over 2013. <\/p>\n

The good news is that high value renovations<\/strong> like these don\u2019t have to break the bank. There are a number of options for making improvements to your property that can significantly better its appearance without spending an arm and a leg.<\/p>\n

Kitchen<\/strong><\/p>\n

The first thing people look at when buying a house<\/a> is the kitchen and bathrooms, according to the director of the remodeling futures program at the Joint Center for Housing<\/a> Studies at Harvard University. It\u2019s no different for potential renters, and Rental.Us.com reports these two rooms are considered the best investments for property owners.<\/p>\n

Minor improvements such as replacing the kitchen faucet and adding new cabinet door handles can make a big difference in the look of your kitchen. Consider switching out old fluorescent lights for new track lighting or adding a new countertop; laminate isn\u2019t too expensive and can really help update the room. If the appliances don\u2019t match and you can\u2019t afford to replace them with new ones, a less pricey option is to replace their doors or face panels with matching colors which can generally be ordered direct from the manufacturer.<\/p>\n

Bathrooms<\/strong><\/p>\n

As bathrooms are also a high priority for home buyers and renters, don\u2019t leave them out when sprucing up your property. Consider changing out old towel bars, toilet seats and sink faucets. If your tiling is old and outdated, it should also be replaced. Re-grouting the tile around the shower<\/a> and bath is also an easy and inexpensive update.<\/p>\n

Flooring<\/strong><\/p>\n

Floors are another important factor that can make or break a home\u2019s appearance. If you can afford it, consider replacing wall-to-wall carpeting with wood<\/a> laminate flooring. It is cheaper than other hardwoods but can potentially save you thousands of dollars over the years in maintenance costs. For landlords, this makes a lot of sense as it\u2019s much easier to clean between tenants. At a minimum, you should have the carpets professionally cleaned.<\/p>\n

 <\/p>\n

The Front Door<\/strong><\/p>\n

Entry door replacement was on the top of the list when it comes to high value renovations, according to the 2014 cost vs. value report. This is one of the first things potential renters and buyers will notice. If replacing the door is not in your budget, consider repainting it to add curb appeal and changing out the handle-and-lock to help suggest that it\u2019s a solid, sturdy home.<\/p>\n

The Exterior<\/strong><\/p>\n

Of course, an attractive home exterior is a must, enticing prospective buyers or renters to want to take a closer look. If the outside looks shabby there is a good chance that it will be passed by.<\/p>\n

General cleaning and maintenance of the exterior can greatly improve curb appeal. Remove any items that are left sitting unused, including old, rusty patio furniture<\/a> or broken garden tools and equipment. These things generally can\u2019t be picked up by your local garbage company and you may need to find a rental dumpster service so that you can tidy up your yard and easily dispose of those unwanted items. Additionally, make sure that walkways are swept and the lawn is well-manicured.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

High value renovations like these don\u2019t have to break the bank. If you\u2019re looking to get … High value Renovations: Home Renovations On A Budget<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":125162,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[981,4751,1403,4784,8828,12908,543,627,617,1007,41,219,8829,8830,8831,8832,8833,8834,8835,8836,8837,678,907,3053],"class_list":["post-596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-a-house","tag-amazing","tag-buy","tag-furniture","tag-high-value-renovations","tag-home","tag-home-buying-guide","tag-homeowners","tag-house","tag-owners","tag-property","tag-realty","tag-renovation-resolutions","tag-renovations-and-remodeling","tag-renovations-and-repairs","tag-renovations-company","tag-renovations-company-near-me","tag-renovations-contractors-near-me","tag-renovations-cost","tag-renovations-unlimited","tag-renovations-where-to-start","tag-rental","tag-tenant","tag-tenants"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/high-value-renovations.jpg?fit=424%2C283&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3910,"url":"https:\/\/amazingproperty.com.ng\/blog\/owners-be-smart-when-financing-renovations\/","url_meta":{"origin":596,"position":0},"title":"Owners: Be Smart When Financing Renovations","author":"Amazing Property","date":"April 27, 2017","format":false,"excerpt":"The number of homeowners who are planning to take on home improvement projects or repairs this year is expected to increase 6.7 percent, according to the Joint Center for Housing Studies at Harvard University. As more owners look to remodel, they may be weighing how to fund their renovations. Read\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5859,"url":"https:\/\/amazingproperty.com.ng\/blog\/5-popular-renovations-for-rental-properties\/","url_meta":{"origin":596,"position":1},"title":"5 Popular Renovations for Rental Properties","author":"Amazing Property","date":"August 23, 2017","format":false,"excerpt":"It's that time again: your property has been vacated and is due for an upgrade. You may have an opportunity to raise your rental price in the current market, or you may be struggling to retain good quality tenants. Whatever your reason, it's helpful to know which renovations will have\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"8c6a417833d5572beee97a9d3b9b897a_S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/8c6a417833d5572beee97a9d3b9b897a_S.jpg?fit=424%2C285&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627,"url":"https:\/\/amazingproperty.com.ng\/blog\/the-benefits-for-financing-down-payments-and-renovations\/","url_meta":{"origin":596,"position":2},"title":"The Benefits for Financing Down Payments and Renovations","author":"Amazing Property","date":"March 30, 2020","format":false,"excerpt":"Whether you're a professional property developer or a single homeowner, financing your property ambitions comes above all else. Even professional property developers with a proven system of acquiring and renovating homes, condominiums and business properties can run into financing issues. We've examined the benefits of financing a higher down payment,\u2026","rel":"","context":"In "Property buyer"","block_context":{"text":"Property buyer","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/property-buyer\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/03\/425f5163eaa1880a6bb5e6726efe78ff-5.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":8616,"url":"https:\/\/amazingproperty.com.ng\/blog\/4-of-the-best-and-worst-home-improvement-projects\/","url_meta":{"origin":596,"position":3},"title":"4 of the Best and Worst Home Improvement Projects","author":"Amazing Property","date":"May 3, 2018","format":false,"excerpt":"Considering some potential home improvement projects in the near future? If that's the case, it's imperative you do your homework. While some renovation ideas tend to add value to one's home, others equate to throwing money down the drain and getting nothing in return. With this in mind, here are\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"D975091f95a8d020f86037db0bf7adea S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/05\/d975091f95a8d020f86037db0bf7adea_S.jpg?fit=424%2C283&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2031,"url":"https:\/\/amazingproperty.com.ng\/blog\/what-to-watch-for-in-home-renovations\/","url_meta":{"origin":596,"position":4},"title":"What to Watch for in Home Renovations","author":"Amazing Property","date":"March 16, 2017","format":false,"excerpt":"Home renovations can help boost the resale value of a property, but they also can expose homeowners to costly repairs or even make them physically sick, if they don\u2019t take some precautions. Read more: Avoid Unapproved Renovation Problems Help your renovating clients be on the lookout for some of these\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6675,"url":"https:\/\/amazingproperty.com.ng\/blog\/more-renovations-in-the-forecast-for-2018\/","url_meta":{"origin":596,"position":5},"title":"More Renovations in the Forecast for 2018","author":"Amazing Property","date":"October 19, 2017","format":false,"excerpt":"Projections for next year\u2019s housing market are already underway, as 2018 could be seeing significantly more home renovations and repairs taking place. A report released today from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University predicts a growing momentum in 2018 for money spent\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Lira2017 Q3 0.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/lira2017-q3_0.png?fit=1200%2C904&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/lira2017-q3_0.png?fit=1200%2C904&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/lira2017-q3_0.png?fit=1200%2C904&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/lira2017-q3_0.png?fit=1200%2C904&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/lira2017-q3_0.png?fit=1200%2C904&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=596"}],"version-history":[{"count":2,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/596\/revisions"}],"predecessor-version":[{"id":125163,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/596\/revisions\/125163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/125162"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}