5 budget-friendly ways to update your investment property

If the façade of your home or investment property is showing its age or you are ready for something new, there are some techniques that you can use that are surprisingly simple and easy on your budget.

jane eyles bennett

Blogger: Jane Eyles-Bennett, Hotspace Consultants

A change of colour, addition of landscaping, or use of accessories can make a stunning change in your home’s exterior design. Here are five tips for giving your house a facelift.

Even if you do not dramatically change the colour, fresh paint gives a home a clean, new feeling. Of course, if you make a colour change, you can completely reinvent the appearance of your house. Before painting your home or investment property, make sure that you have prepared the walls well as possible before beginning. Want a fresh, clean look without repainting your entire house? Try repainting just your trim for a big boost with less work.

Adding new trees, bushes and grasses to your yard can significantly add to the home’s curb appeal. Consider the style that you are attempting to create, as well as the blooming seasons for various plants. Consult with a nursery if you aren’t sure what will work in your yard. For visual appeal, use a variety of plant species that bloom at different times of year. Choose dark leafed plants if your home is a light colour and lighter coloured plants if your home is dark for a stunning complement to each other. Plants with rounded, rather than spikey, leaves tend to create a more welcoming atmosphere for those walking up to your front door. I like structured, ‘architectural’ plants for a more modern effect.


Awnings or Shutters
You can change the style of your home’s exterior and add some visual texture and depth by installing awnings or exterior plantation shutters around your windows. Awnings extend beyond the wall of the home, creating depth and giving shade to the windows for added energy efficiency. Shutters have the ability to give your home a new style depending upon whether you choose modern, traditional, or rustic type. Either option allows you to add a splash of something different to the façade of your home.

Front Door
You may be surprised how much you can update the appearance of your home’s exterior design by creating a focal point surrounding your front door. By painting your door a bright or contrasting colour and surrounding it with potted plants or seasonal décor, you can easily give your home or investment property a more inviting appearance.

Updating or adding front yard fencing can update your façade without even going near the house! If you have an existing fence, consider paint or adding landscaping or accessories to give it a fresh appearance. You might add a gate or decorative panels that can make the entire fence look brand new. When installing a new fence, coordinate the colour and style with your home’s existing exterior design. Think about the desired function and design of your fence before choosing the material, height, colour and type that is best for your front yard.

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