Buying a fixer-upper isn’t just about saving money. Fixer-uppers are incredible real estate investing opportunities for those who enjoy do-it-yourself (DIY) projects. It’s not uncommon to see homebuyers purchase a property and renovate it while living there. This is a good strategy for house flipping because it allows homebuyers to save money on living expenses and also on remodeling costs by performing the repairs themselves.

DIY investment projects also enable homebuyers to go after deals that other buyers would shy away from, such as a property with structural damages or multiple code violations. For homeowners dealing with issues like this, you can view this comprehensive guide on how to sell a house with code violations https://sdhouseguys.com/sell-house-with-code-violations-san-diego/. You can sell nearly any type of property, regardless of the condition, by finding the right buyer. Homebuyers that prefer DIY projects are perfect potential real estate professionals you can sell your home to.

When encountering your next fixer-upper property that needs a ton of work, here are several popular DIY projects to tackle when kickstarting your renovations.

1.    Prioritize Certain Repairs

As with regular home repairs or renovations, fixer-upper DIY projects usually fall under “necessary” and “upgrades when I have time.” Create a scope of work and renovation roadmap for those first. Experienced homebuyers and developers typically have a hitlist of repair items in mind, like the bathrooms or kitchen, that they renovate regardless of the situation. These items normally add value to a home when they are renovated.

Many renovation priority lists are based on budget. When it comes to facelifts for fixer-uppers, larger projects often run between $15,000 and $20,000. These prices vary depending on your market. For example, We Buy Houses in Denver, a homebuyer in Colorado, stated that, “Supplies continue to rise for many items used in DIY home projects. Lumber was a huge increased cost over the past few years that drastically affected the projects we were able to take on.” You can learn more about We Buy Houses in Denver here https://webuyhousesindenver.org/. It’s important to price out the costs of the DIY renovations you’re considering before diving into a project.

2.    Fresh Coat of Paint

A simple yet effective DIY project that will transform any fixer-upper is painting. A fresh modern coat throughout the house instantly changes the feel and opens up DIYers to even more ideas. Consider painting walls, cabinets, or the front door. A fresh coat of paint immediately attracts new eyeballs to a home. If you’re considering selling the property in the future, a new paint job will help you generate more interest. Consider reviewing other homes on the block as well when considering the exterior paint color. It’s oftentimes worth painting the outside of the home as well to make your house pop with a fresh look.

3.    Rethink Shelving 

Have you ever watched a cooking show and admired the use of floating shelves to increase kitchen storage space and display plates, mugs, pots, and pans? The good news is that making floating shelves is one of the easiest DIY projects to tackle. All you need are some 2×3 boards, some power tools, and a free afternoon. Creative shelves can add a fun aesthetic to your house while also being practical. You can think outside the box – and kitchen – when adding shelves throughout your home. Small library-style shelves for books, vases, or plants can enhance the overall style of a room, creating a new ambiance that you can enjoy. If you work from home, creating your next home office is a great DIY project that offers huge returns of happiness once you can start using it.

DIY Fixer-Upper Ideas

The sky is the limit for DIY projects that you can entertain for your next home renovation. Certain DIY projects will be faster – and cheaper – than others. Prioritize what you truly want out of a project. Also, clearly define your end goal. Do you plan to live in this home forever after you fix it? Many homebuyers and homeowners plan to sell their houses shortly after remodeling them. With your end game in sight, estimate the cost of your next DIY home project and dive in.