Below is a list of some items to consider when working on a tight budget and needing to turn a property around quickly! Here are some steps we typically take:
Tip #1 – LIGHTING!!
Updating the lighting fixtures one of the best updates you can do. It’s quick, fairly inexpensive, and it helps make a property look so much better. Also, another tip is to use daylight bulbs! They really help brighten up the rooms and make them feel more open!
Tip #2 – Quick Restorations
If time and money weren’t of concern, we would prefer to strip floors back by sanding, then applying a stain, followed by layers of poly. In this case, we are going to only clean the floors and apply several layers of poly to provide extra protection and shine to the wood floors.
When cabinets are in fairly in good shape and they’re solid wood, we KEEP them! Again, we are going to apply layers of poly. The same thing will be done with the wood bathroom cabinet.
Tip #3 – Updating Appliances
In all of our renovations we have replaced the appliances. In this case, we’re going to replace the stove and range hood but we’ll keep the refrigerator. The freezer shelving is a bit rusty so we plan to spray paint it white again (spray paint is another great hack!)
Tip #4 – Grab those inexpensive and easy updates!
Changing out the faucet, sink, and countertop is another inexpensive way to make a property nicer without spending a lot of money. We think in the case of this rental, we can get by with just replacing the faucet.
Hardware and door knobs are another update that can be done quickly and inexpensively! We are putting new hardware on all kitchen cabinets, in the bathroom, and installing new door knobs for all of the rooms and closets! It’s a quick and easy way to update the old brass door knobs and handles by installing a simple brushed stainless replacement.
Tip # 5 – PAINT, CAULK & CLEAN!
This cannot be overlooked or minimized. These are the finishing touches that make a huge impact to your rental. People look for clean, fresh places to call home. We will paint the walls and touch up the baseboards and door frames. We also take the opportunity to freshen up the cold air return vent and some of the register covers by giving them a quick coat of white spray paint! Focusing on the lights, walls, and floor will add value to your property without breaking the bank when applying these techniques!
Stay tuned to see the “before and afters” of this mini renovation!
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