5 Home Improvements with the Best ROI
Tags: Selling Your Home
You might have considered renovating your home before placing it on the market. Preparing your home for sale often needs an investment in order to bring it up to date and help it compete in today’s heated real estate market. Investing in home improvement projects can significantly boost your home’s resale value.
Painting the interior of the house helps with a clean and fresh look, sets the mood, and can help highlight specific features. Buyers are particular about a few areas – the entrance, the kitchen, and the bathrooms. If you’re putting your house on the market, it is recommended that you paint in neutral colors such as whites, grays, or creams to give the feeling of a larger, cleaner space.
BathroomWhen buyers tour homes for sale, they’re taking a close look at the bathrooms. You don’t need to do an entire bathroom overhaul but replacing some quick things such as wall coverings and old shower doors can be simple ways to give the illusion of a more updated bathroom. Remodeling a bathroom before resale can help attract more buyers. So, even if you only have the time and budget to make small improvements, focusing on bathrooms is usually a smart move.
Doors and HardwareThere is plenty of value to be found in the finer details. When considering potential home renovation opportunities, you shouldn’t overlook simple door and hardware replacements. In addition, you can also consider baseboards, door trim, crown moulding, and all other relatively minor, non-invasive improvements that will modernize the appearance of your home. Since these upgrades are relatively inexpensive, you should focus on high quality materials and professional installation.
FlooringYour home’s flooring will be one of the most worn-out, yet most visible elements to a potential buyer, and it’s incredibly important to replace aging flooring if you hope to maximize the value at sale. It’s advised that you go the route of hardwood or laminate with the support of a professional flooring specialist, avoiding carpet at all costs. New flooring quickly adds value to your home for years to come.
For potential buyers, the kitchen is the room that can make or break the sale. An upgraded, attractive kitchen can make your home irresistible. Remodeling doesn’t have to be expensive. You may only need some simple changes to make a big impact in your kitchen. Replace the hardware and the light fixtures. Thoroughly clean all of your surfaces. Put a fresh coat of paint on the walls. These changes may be enough to refresh your kitchen.
Also keep in mind that what may be the best home upgrades for resale may not be the right fit for you. When deciding when to sell, work with your realtor to establish a strategy that will ensure you get the most money for your home.
If you have more questions about prioritizing home improvement projects that will improve the value of your home contact Painted Door Realty and we would be happy to answer any questions you might have about the current value of your home and which home improvement projects will garner the greatest returns.