Tips To Increase Home Value
It’s a great time to sell your home, since home values are still quite high. But how can you make sure you get as much from the sale as possible? Making strategic home renovations such as replacing countertops and cabinets is a great place to start.
Before you dive into a major home improvement project, though, you need to make sure it will pay off in the end. The last thing you want to do is spend thousands of dollars on changes that will only improve the value of your home by a few hundred dollars.
If you want to make renovation decisions that will pay off in a big way, it’s important to be selective about what home projects you choose to do. Here are some common renovations that are known to increase home value the most.
Increase Home Value Steps
Kitchen cabinet upgrades
Speaking of kitchen cabinets, there is no better home renovation you can make than to upgrade dated cabinets with new ones. Although replacing your kitchen cabinets requires a big investment, you should be able to recoup most or all of the cost when you sell. You can also opt to refinish your current cabinets if you don’t have the budget to replace them.
For many home buyers, the kitchen is the most important room in a home. It’s where meals are made and memories are created. If your kitchen looks sad and outdated with poor-quality countertops, upgrading to a more beautiful countertop material can pay off in a big way.
Countertops made from granite or quartz make a gorgeous statement and can help you get more from the sale of your home. They come in a variety of colors, so it’s easy to find a shade that will complement your kitchen cabinets and flooring.
Take a look at the flooring in your home. Is it showing its age? Carpet is especially susceptible to wear and tear over time and can’t be refinished like wood floors. If you aren’t happy with the way your floor looks, potential buyers won’t be, either.
Upgrading your worn-out carpet or damaged linoleum with new flooring is a great way to increase your home value. To save money in the process, opt for inexpensive flooring materials such as laminate or tile.
Most homeowners want a luxurious bathroom that includes a beautiful shower and strategic use of space. If your bathroom doesn’t meet this standard, it will be harder to attract a buyer.
Fortunately, remodeling your shower is a great way to completely revamp the way your bathroom looks. A roomy, pristine shower can help buyers overlook other problems that can’t be easily fixed, such as a small bathroom or minimal windows.
Entry door replacement
If you live in an older home, your entry door probably doesn’t make the right kind of statement. Modern homes typically have large, eye-catching doors that stand out. Replacing your entry door with a newer, more beautiful style can improve your curb appeal and home value.
From updating your countertops and cabinets to making sure your entry door meets home buyer standards, there are several renovations you can make to increase your home value. Do them all or choose one or two to get started.