7 Home Renovations to increase your home resale value

adhunt333 Real Estate Leave a Comment

Increase Home Resale Value?  You want to make the most money possible when it comes time to sell your home. The way to do that is by improving and updating the things in your home that buyers look for the most.

We compiled this list for those looking to boost their resale value. It’s important to focus on the renovation projects that will net you the highest ROI (Return On Investment.)   All of the projects on this list were chosen for their ability to produce high ROI as well as create a more desirable home. Remember – it’s important to make money. But it’s also important your house doesn’t sit on the market for a year.

Make these updates and you should fetch a high sale price, quicker than you would otherwise.

1) Increase Home Resale Value:  Remodel the Kitchen

The decision among real estate experts about where you get the highest ROI renovating your home is unanimous.

Also there is a white kitchen island with white quartz countertop. Additionally, the cabinets are a light brown wood finish.

Remodeled Kitchens Boost Home Value. This kitchen, one of our recent listings that sold in one day, was designed by Patti Gleason.

The answer is in the kitchen. For some reason people just want nice kitchens and care about it more than the rest of the house… Maybe it’s because that’s where people like to entertain guests.

Your main priority when renovating a kitchen should be layout. Creating a structure (or bones) that is functional and can easily be updated is super important. It’s one thing to replace a counter-top and cabinet doors. It’s a different story to completely renovate the whole kitchen.

Once you get the structure out of the way, search for materials that have a high quality look without a big price tag. You can make a space look modern and luxurious without having to use marble and granite.

I have seen so many people put in expensive goodies and never fix the bad flow. Spend the money on the layout — it never goes out of style. If you have a great layout, plugging in new appliances, hardware and cabinets can be quick and easy.Nicole Curtis of DIY Network

2) Increase Home Resale Value:  Update Bathrooms

Moreover, the white elongated spa tub is filled with water. Also, a glass wall provides views of the ocean.

Spa Bathrooms are timeless

Bathrooms are the second place buyers typically place the most value in a home. The good news is that making updates to a bathroom doesn’t have to cost a fortune. En-suite/master bathrooms are the most important. As they say, it’s where the magic happens. Cast a spell on potential buyers with a beautiful en-suite.


3) Increase Home Resale Value:  Re-do Plumbing

Can we say

Additionally, two plumbers are working on a kitchen sink that is white. And one is under the sink and one is above. Also, the plumbers are wearing navy hoodies and blue jeans.

New Plumbing Increases a home’s value

structural problems?

This is the #1 worry of all potential buyers. No one wants to move into a beautiful new house and have a disaster occur two or three months down the road. Re-doing your old piping and updating it to a newer plastic solution is a huge selling point. This removes some of the potential fear that comes with buying a home.


4) Increase Home Resale Value:  Remove Paneling and Stucco

And a man is removing the baseboard in preparation of removing panelling. The man is wearing a blue plain shirt.

Replace wood paneling

Wood paneling and Stucco are common in older homes. Mainly because when it was popular, we didn’t have walls without imperfections like we do now. Not only are these two things ugly, they also show potential buyers that you lack the ability to update your home. “If you can’t update this, what is is lurking?”

Spend the time and money to update your paneling walls and get rid of the Stucco.


 

 

5)Increase Home Resale Value:  Attic Renovation

Furthermore, the pictures shows an attic remodel with a skylight in the slanted ceiling. Also, under the skylight is a large chair that is covered in a linen gray fabric.

Create a happy space in your attic

Attic renovations are a popular choice among DIY projects as expenses can be minimized. In many houses you will have the bones for a room. All that is required of you is putting up walls and handling the cosmetics. Updated attics can sometimes be a stronger selling point than updated basements.


6) Increase Home Resale Value:  Replace Siding

In addition,Before and After of a home that had it's siding replaced. And the new siding is gray with white trim.

Before and After of a home that had it’s siding replaced.

Since curb appeal is so important, it makes sense to focus on the biggest factor. The outside of the house. Everyone knows the dingy, yellow siding that used to be white 60 years ago look. If your house looks like that – sorry. It’s time to update.

For those on a budget you can also try power washing. Power washing sometimes brings better results than you could imagine. And it barely costs anything.


7) Increase Home Resale Value:  New Garage Door

In addition to replacing/refreshing your siding and

Another option is to add a new garage door like this one in the pic. Additionally the door is a brown stained wood with horizontal windows on the right side. AND THE STYKE OF THE DOOR IS MID CENTURY MODERN. THE HOME SIDING IS WHITE STUCCO.

New Garage doors transforms the home facade

landscaping well, your garage door can play a big part in selling your house. It’s another element of curb appeal that can draw in or turn-off potential buyers.

Luckily, new garage doors re-coup on average 80% of their investment in the long term. Basically, it will help you break even (or make money) while making your house more desirable.


In Conclusion

You want to sell your home in the least amount of time and for the most amount of money possible. The way to do this is by performing renovations with a high ROI. In addition, you want to focus on the most desirable updates. Doing so will ensure you attract more interest on your property.

Each of these on the list may not be necessary or feasible with your budget. Remember that curb appeal, kitchens and bathrooms are important. If you can focus on nothing else, focus on those things. These projects will reduce your risk of losing money in the renovation process and also help you sell quicker.

Need more information on selling your home in the area? Give me a call!

About the Author
author photo

adhunt333