Best Home Improvements to Increase Value
What are the Best Home Improvements to Increase Value?
When discussing the best home improvements most of us will agree that the kitchen is the heart of a home – so this is one of the best places to focus your resources on improving. It doesn’t require a $50k complete remodel, however. If the stove and fridge are old and dated, that is a good place to start. Same with the sink and faucets.
Counter-tops and cabinets can become a costly undertaking, but the end results can really pay off. And if space is available, a center island addition can make all the difference in the world!
Another important area to consider the best home improvements is the bathrooms. Although complete bathroom renovations can be quite costly, many incremental improvement can be made that have a dramatic effect.
On the other hand, creating a dramatic, newly renovated showcase bathroom and shower can be featured as a major selling point if done right!
Depending on the age of the house and the state of the roof, this may be the most important area to focus your improvements on. No buyer wants to move into a home and have to replace the roof. So if there is 2 or 3 layers on the roof and it is decades old – spend the money to replace it… it will make for a great selling point!
Similar to the roof, make sure the major appliances, such as the water heater, furnace, central air, and air conditioning systems are in decent shape and good working order. These are not expenditures new buyers are going to want to deal with. They want to move in with the ease of mind knowing these systems are running without issue.
Many purchasers will not want to move into a new home while having to about the best home improvements required to upgrade the home… if they do they may expect a deeply discounted price… of course the market condition also play some part in this.
Worn and smelly carpets are a major turn off. Look for great deals at carpet and flooring store on discount materials they may have in stock and are looking to get rid of. However, make sure you get good quality under-padding – the cost difference is negligible, but the feel of it underfoot makes a huge difference!
Simple Cosmetics Home Improvements
A fresh coat of paint can really freshen up a place! Make sure you choose a bright, neutral color as it helps to make the place look more spacious.
Consider replacing old fixtures with more modern-looking ones that are likely also more efficient.
- Electrical outlets and light switches
A quick, easy and economical way to modernize a home is to simply replace all the electrical outlets and light switches with newer, more modern styled ones – especially if your place has the older ones!
Increased Finished Square Footage
One of the primary variables used in describing listings is square footage. So it makes sense that the larger it is the more appeal your place will have and the greater the price you can ask. So consider remodeling an unfinished basement into finished livable space, as it could add 500-1000 sq.ft. to your home – which will have a significant impact on your asking price!
First impressions are a big deal! So any improvements to your property to improve how it looks as people drive up to it and walk in are worth the investment. Fix and paint old fences, do some simple landscaping, groom overgrown pathways, perhaps plant some flower beds to add texture and color. Add these are relatively cheap improvements that will have a dramatic effect.
As you can see when considering the best home improvement for any home there is a lot to consider! Hope this has given you a few ideas to ponder.