Before a homeowner places their home up for sale, they typically would like to increase its value if possible. This often requires investing a few thousand dollars for minor improvements. However, some experts say that if you plan to sell your home within a short time period or don’t have the money to make improvements, it is acceptable to sell your home as-is.
On the other hand, some people feel the need to do a complete home renovation before selling their home. Most experts say that this isn’t a great idea and doesn’t yield a high return on investment. You can’t do it all, but if you feel like you need to do something to improve your home before selling, what exactly should you do?
I have 5 home renovation and upgrade ideas to increase the value of your home. Homeowners should consider these tips when looking to sell their home quickly and at or above the asking price. These little suggestions have a great return on investment too!
1. Create Curb Appeal
The exterior of your home is the very first thing the buyer will see when looking at your home. The curb appeal needs to be something that gets people interested and falling in love with your home. Some suggestions for improving your home’s curb appeal are replacing the siding, repainting the exterior, and creating a more welcoming entry. Another great thing is to invest in is beautiful landscaping. Your exterior will be elevated when the landscaping that surrounds your home is balanced.
2. Cure Cosmetic Blemishes
Homes get worn down and tired over the years, so it is important, and fairly easy, to fix all the cosmetic blemishes within your home. If your hardwood floors are worn, have them refinished. If you have any brightly colored rooms that stand out like a sore thumb, repaint them to a neutral color. These simple interior cosmetic projects nearly always pay for themselves, so it is worth fixing.
3. Fix Functionality Issues
In today’s market potential buyers are looking for everything to be functional. Investing in adding insulation, bringing plumbing and electrical to code or adding outlets are wise investments buyers will appreciate. When future homeowners see these improvements, they feel more comfortable in their potential buying decisions.
4. Update the Kitchen
Kitchens are selling homes today, so it is important to have yours up to date before selling. People are spending more time in their kitchen working, entertaining, and meal prepping so the room needs to be functional for a wide range of uses. Some simple updates, to outdated countertops, appliances or backsplash, will transform your kitchen. Adding some new lighting can also bring character to the room. Experts say that a kitchen renovation will always increase the selling price of your home.
5. Beautify the Bathroom
Almost just as important as the kitchen, are the bathrooms. Having an outdated bathroom can delay the sale of your home. Try installing new countertops or adding a double sink in the primary bathroom. Freshen the space up with new fixtures and a fun, beautiful tile that brings character to the room.
Homes are selling fast in today’s market and you want to get the most for your property. Making a few renovations that have been proven to help increase the value of homes may be a great idea to consider before you decide to sell your home. If you’re feeling a little intimidated by doing some home renovations, we are glad to help!
If you’re looking for a team to manage your project from concept to completion, we’ve got your back! Contact us and let’s get to know each other.