Are you planning on selling your home? Of course, you want to receive the best possible offer when you sell. It can be tempting to upgrade many things in your home, but only certain projects will give you a return on your investment.
If you’re unsure of what to do to increase your home’s resale value, look no further. We’re going to share 5 home renovations that will add to your home’s value.
1. Add a Home Office
Selling a home in a pandemic can be intimidating. One trend from the pandemic is that work-from-home rates have increased.
Many people consider remote work to be the future, so adding a home office to your space is a smart addition. You’ll want to make sure the new space has plenty of outlets as well as data ports.
While you’re creating a home office, consider where you can knock down walls. Open layouts in homes are popular, as they make the home feel much larger than it is. Open layouts add more natural light, which is very appealing to buyers.
2. Upgrade the Exterior
Landscape and exterior home improvements have some of the best return rates. Oftentimes, you’ll return 100% of your investment.
Keep in mind that the first thing buyers see is your home’s exterior. Curb appeal can make or break an interested buyer.
Improve your home’s exterior appearance by covering it with a fresh coat of paint. Colorful front doors are an eye-catching and trendy choice.
Upgrading your garage door and windows are simple improvements that make a world of difference.
A well-manicured lawn adds to the curb appeal of your home. Consider consulting a landscaper who can design a beautiful garden.
3. Accessible Laundry Room
Close to 70% of home buyers prefer having the washer and dryer on the main level. Oftentimes, laundry rooms are on a lower level or in the garage. An inaccessible laundry room is unappealing to buyers.
Consider connecting the laundry room to the master bedroom. If you are able to also access it from the hallway, that’s an even better layout.
4. Bathroom and Kitchen Remodel
Outdated kitchens and bathrooms can be a turn-off to potential buyers. These are areas in the home that need to present well with cleanliness and reduced clutter.
The good news here is that minor kitchen and bathroom remodels actually return more money than major remodels. A minor bathroom remodel will recoup over 100% of the investment, on average.
Replacing the tile and vanity features makes a world of difference. Re-glazing your tub will improve its appearance, so will re-caulking around your tub. These are inexpensive improvements.
Make cosmetic upgrades to your kitchen with new cabinets and countertops. Adding more lighting will brighten up the space.
5. Add a Patio
Consider adding a patio or deck to your home. This adds a lot of appeal to your backyard. Instead of your yard being a green space, it becomes a place to socialize and entertain.
Small decorative improvements to your patio make a large impact. Adding benches and a firepit make the space warm and inviting. A finished outdoor space is very appealing.
Get Started on Your Home Renovations Today
Home renovations not only add value to your home’s resale value, but they also can be fun! Flex your creative muscles by optimizing spaces around your home.
If you’re ready to get started on your home selling journey, contact me today!
