21% of Americans between the ages of 18 and 34 are planning to buy a home within the next 12 months. This is an increase of 14% from last year, making 2019 the perfect time if you’re considering selling.
If, like many people, you’re looking for home improvements that add value, keep reading for some top remodel projects that will give you the best return on investment. If you’re not sure where to allocate your budget, consider talking to a professional.
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If you’re not careful, remodeling your home can actually end up costing you more than you’ll get back when you sell it. Sellers are also competing with new home construction, so smart remodeling is often a good idea.
It’s best to focus on these three areas:
Kitchens sell homes. You want your kitchen to make it easy for potential buyers to see themselves cooking for their families, hanging out, and eating in and around your kitchen.
One of the best ways to do this is to replace old, white appliances. These look dated, and these days stainless steel, energy-saving appliances are becoming more and more expected.
Refacing your cabinets is another cost-effective way to freshen up your kitchen without spending too much. And a brand new sink can make a massive difference if you have an old faucet and sink.
Bathrooms are another good place to spend the majority of your budget. Just a few small changes can help sell your house.
Consider replacing your cabinets, shelves, and vanity. This can often be done for as little as $400 but will make a massive difference to the look and feel of your bathroom.
Mirrors can add light and make your bathroom look bigger, so consider replacing a small or old mirror with a large, new mirror. And of course, small accessories can definitely add value- that means replacing towel racks, shower heads, and faucets to modernize your room.
First impressions count for a lot when you’re selling a home. Buyers may choose not to even look at your home if they’re completely put off by the outside.
Take a good look at your front door- the literal entrance to your home. Is it old and worn out looking? Does it have ancient bubble glass? If you only have a few hundred bucks, repainting it can be a good option. A complete replacement will cost more but may be necessary depending on what you’re working with.
Look for any broken shingles, cracks in your patio, walkways, and front stairs, chips, and cracks in the paint, and anything else that makes your property look run-down. The good news, is these types of fixes are usually relatively cheap and easy to do. But they can also be the difference between a buyer checking out your property or walking right on by.
Don’t forget to mow your lawn and make sure your flowers, trees, and bushes look well-cared for.
As you can see, the three ideas above can all add value to your home- without breaking the bank. If you would like to learn how we can help you improve your home, get in touch today.