Denver has a lot of older properties with value-add potential—small upgrades like fresh paint, updated kitchens, or even just better landscaping can make a big difference in forcing appreciation.

new hvac new roof paint of any good quality in an out.. doors  gutters..

If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.

We fixed everything in the first 3-5 weeks, plus paint, carpet, landscaping, then rented it out.

What's the life expectancy of the roof, paint, furnaces, water heaters, etc.?

Better hope paint,carpet,advertising, commissions, and utilities don’t cost $600 or you blew your cash flow, it’s zero.

These minor tweaks won’t cost you much, and I’ve seen them help properties in Phoenix and Chicago stand out, even when the paint is a tad faded.So what’s your take - do you think guests these days actually prefer a hint of authenticity over a picture-perfect exterior?

I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

Let’s say just a roof repair and a little bit of dry wall and paint and replacing some door jams and baseboards.

I always enjoy learning about other markets, and this post gives a fantastic blend of data and local insights that really paint a full picture.The real estate stats are particularly interesting.