5 Budget-friendly Upgrades To Increase The Value Of Your Old Home
March 20, 2023 Mark MacFarlane

5 Budget-friendly Upgrades To Increase The Value Of Your Old Home

Posted in Home Buying, Home Improvement, Home Maintenance, Home Selling, Real Estate

5 Budget-friendly Upgrades To Increase The Value Of Your Old Home

Budget Friendly Upgrades

If you’re considering selling your old home, you may wonder how to increase its value without spending a fortune. The good news is that you can make many budget-friendly upgrades that will significantly increase the value of your home. In this article, we’ll cover five of these upgrades you can do on a budget, including improving curb appeal, upgrading the kitchen and bathroom, adding energy-efficient features, creating more living space, and converting the garage. At Hometown Realty, we understand the importance of maximizing your home’s value. Let’s dive into these upgrades and make your old home feel new!

1. Improve Curb Appeal

First impressions matter; a well-maintained exterior can significantly impact your home’s value. You can expand your home’s curb appeal by:

  • Painting the exterior: Painting the exterior of your home is a simple and cost-effective way to give it a fresh, new look. Not only will it improve the curb appeal, but it will also increase the value of your home. A new layer of paint can have a massive effect on the presence of your home. With a wide range of colors and finishes, you can easily find the perfect paint to suit your style and budget.
  • Updating the landscaping: A well-manicured lawn, trimmed hedges, and beautiful flowers can make your home more inviting. You don’t have to break the bank to have an attractive landscape. Adding potted and colorful flowers, planting trees and shrubs, and improving the lawn’s condition can make a big difference.
  • Adding outdoor lighting: Adding outdoor lighting to your home is a simple and cost-effective way to enhance its curb appeal and security. Not only does it make your home look more inviting, but it also provides safety and visibility at night. Many options, from solar-powered lights to motion-activated floodlights, fit any budget and style. With outdoor lighting, you can enjoy your outdoor space even after the sun goes down.

2. Upgrade Your Kitchen

Kitchens are essential rooms in a home, and they can significantly influence a potential buyer’s decision. Upgrading your kitchen doesn’t have to be expensive, and you can start with simple changes such as:

  • Painting or refinishing cabinets: Painting or refinishing your cabinets is a quick and cost-effective way to update your kitchen or bathroom. You can achieve a modern look by painting cabinets with a fresh coat of paint or refinishing them to restore their original shine.
  • Updating hardware: Updating the hardware in your home can make a big difference in its overall appearance. Swapping out old or outdated hardware, such as doorknobs, cabinet handles, and light fixtures can give your home a modern look.
  • Installing a backsplash: A backsplash can protect your walls from stains and splatters and add a touch of personality to your kitchen.
  • Upgrading appliances: If your appliances are old, outdated, or not functioning correctly, consider upgrading them. Energy-efficient appliances improve the look of your kitchen and save you money on utility bills.

Upgrade your bathroom with a luxurious bathtub

3. Modernize Your Bathroom

Like kitchens, bathrooms are also an essential part of a home. Simple upgrades can make a big difference in the appearance and value of your bathroom, such as:

  • Replacing the showerhead and faucets: Replacing the showerhead and faucets can give your bathroom a modern and luxurious feel. Choose a stylish and functional fixture to improve the bathroom’s appearance and functionality.
  • Updating lighting fixtures: Updating lighting fixtures is a quick and easy way to add personality and style to your home. Choose energy-efficient LED lights to save money and create a cozy and inviting atmosphere.
  • Installing a new vanity: Installing a new vanity in your bathroom can add storage space and make your bathroom feel more modern and updated. Pick a style that supplements the remainder of the restroom and accommodates your financial plan.

4. Add Energy-Efficient Features

Energy-effective updates get a good deal on service bills as well as increment the worth of your home. Think about the accompanying redesigns:

  • Installing a programmable thermostat: A programmable thermostat can help you save money on heating and cooling costs by automatically adjusting the temperature based on your schedule.
  • Adding insulation: Adding insulation to your home can reduce energy costs and improve comfort. Choose an insulation type and method that best fits your home and budget.
  • Replacing windows: Replacing windows can improve your home’s energy efficiency, noise reduction, and curb appeal. Choose windows that fit your style, budget, and location to get the most out of this upgrade.

5. Create More Living Space

If your home feels cramped or outdated, consider adding living space. While this may seem like an expensive upgrade, it doesn’t have to be. You can make living space by:

  • Finishing the basement: Finishing a basement can add extra living space and increase the value of your home. You can add a family room, game room, or home office.
  • Adding a deck: Adding a deck can create an outdoor living space and improve the value of your home. It’s also a great way to entertain guests and enjoy the beautiful outdoor surroundings.
  • Converting the garage: If you don’t use it for parking, you can convert it into a living space. You can add a bedroom, home office, or even a gym.

Budget-friendly upgrades not only improve the appearance of your home but also increase its value. Whether you’re planning to sell your home shortly or simply want to improve your living space, these five upgrades are sure to make a big difference.


Remodeling a home may substantially increase the value of your home

Additional Tips for Budget-Friendly Home Upgrades

Here are some additional tips to keep in mind while keeping home upgrades budget-friendly:

  1. Do your research: Before making any upgrades, research the current trends and popular features in homes in your area. It will ensure that your upgrades align with what buyers are looking for.
  2. Set a budget: Determine how much you can afford to spend on upgrades and prioritize the most important ones. Keep remembering you can do some things simultaneously.
  3. Hire professionals: While some upgrades can do yourself, others require the help of professionals. Hiring a contractor or handyman can ensure the work is done correctly and safely.
  4. Think long-term: Consider the longevity of the upgrades and how they will affect the value of your home in the long run. Choose upgrades that stand the test of time and appeal to potential buyers.


In conclusion, making budget-friendly upgrades to your old home can significantly improve your comfort and finances. By implementing the tips discussed in this article, you can quickly increase your home’s value without overspending. Remember to consult with experts like Hometown Realty to ensure your upgrades are tailored to your needs and the local real estate market.

Brought to You by OutFactors

This information is provided by OutFactors, a home cash buyer. At OutFactors, we buy houses as-is for cash and close quickly. To get a great cash offer on your home, you just need to enter your address and answer a few simple questions about your house. The entire process only takes about 2 minutes, and personal information is NOT required. Yes, that is correct! No registration, no telephone number, no email address – not even your name. 

If you get started now, 10 days later, you can be sitting at a table signing the closing documents and collecting the cash for your house. So get your cash offer now!

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