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Dec 5, 2018

DTC High ROI Home Updates


 

DTC Condo & Townhome Updates that Give You Exponential Return on Investment!



#1: Swap Brass Fixtures & Hardware with Satin Nickel


Many DTC condos and townhomes have dated brass fixtures and hardware throughout. Brass was popular in the 80’s and 90’s, but has since been replaced with satin nickel. For just over $1,500, we are going to show you how to make your condo/townhome look amazing with satin nickel updating. Experience tells us you can expect a 4X-5X return by swapping brass with satin nickel on your resale in the DTC!


Budget

Below is the cost to swap out brass for a typical 2 bed, 2 bath condo in the DTC based upon research (and my personal experience!) with Home Depot (I recommend their nearby Arapahoe Rd location): To determine how much you will spend updating your particular home, count the number of interior and exterior doors, kitchen and bathroom cabinets, kitchens/bathrooms, and light fixtures in your home. Multiply each figure by the respective cost and then sum them up. For even more detailed pricing, look below.*


Renovation Pricing

The How To's

  1. Shop. The itemized cost chart above can be used as an itemized list of fixtures and hardware you will need to purchase.

  2. Tool Up. Before you start, ensure you have the right tools for the job (screw driver, pliers, dowel rods, etc).

  3. Study Up. Make sure you know what you’re doing. Watch a quick video!**

Doors & Cabinets

Door/Cabinet Hinges & Strike Plates: https://youtu.be/vdCIHAczgTk

Door Knobs/Levers/Stops: https://youtu.be/Dt2waefcQOc


Kitchen & Bathroom Plumbing Fixtures

Kitchen & Bathroom Faucet: https://youtu.be/R4oyH4KCD-o


Light Fixtures


 

#2 Update: Replace Canned Lights with Track & Pendant Lighting


Boxed fluorescent tube and canned lighting were both popular in kitchens during the 1980’s and 90’s. Unfortunately, way too many homes still have one or both! For under $125, you can replace your canned lights with popular track or pendant lighting for maximum appeal! This update will increase your ROI on resale by 5X-6X in the marketplace!


Track Lighting

  • When to Use? Use if you want a “ribbon of light” to provide ambient illumination over a general area or task lighting in a specific area. Use track lighting especially when there are one or two canned lights in the ceiling. Be careful! If there are 3+ canned lights, it might look silly if you try to add track lighting.

  • How? https://youtu.be/bHhzc9KVbUg

  • Cost? $125-$250* at Home Depot and Amazon


Pendant Lighting

  • When to Use? Use if you want focused task lighting above a certain area, such as the breakfast bar in the kitchen. Pendant lighting is best used when there are 1-4 canned lights. Look for adapter kits for easy conversion from canned to pendant lighting.

  • How? https://youtu.be/gT7BBqjyq9g

  • Cost? You will need to purchase an adapter kit, pendant light shade with power supply cable, and light bulb (approximately <$100* per pendant light at Home Depot and Amazon


 







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