7 home improvements that will increase selling values
By choosing the right home improvements, you can increase the selling values of your property. Learn about seven ways of adding value to your home.
In 2019, there were 5.34 million homes sold in the United States.
If you were thinking about selling your home sometime soon, you should also start thinking about how you can add selling values to it so that you can make a profit.
Thankfully, there are many upgrades and renovations you can do that won’t cost you a bunch of time and money while still improving the resell value. Check out a few here!
1. Update Kitchen
Many potential homebuyers list the kitchen as one of the most important things that help them decide on a home.
When selling your house, your kitchen should be updated and modernized. Open concept plans are trendy for kitchens right now. Granite countertops and gray and white colors will help make the kitchen seem lively and inviting.
The kitchen is the one place in the home where everyone will visit, so you should also make sure that you update your appliances if they’re older.
If your kitchen is already modern and updated, try adding a fresh coat of paint to make it appealing to buyers
2. Make the Garage Livable
While having a garage is nice for storage and your car, liveable space is also something that many buyers look for. If you don’t have any other place to add more square footage, your garage is the perfect place to do it.
Before you start converting your garage, make sure that there is somewhere you can park outside. After doing that, you’ll also need to get permission that you can turn the garage into a liveable space. To check, you can always call your local planning authorities.
Turning your garage into an extra bedroom or a living room is a great way to add value to your home and also attract potential buyers.
3. Convert Your Basement
If you don’t have a garage to convert, you could always try converting your basement as well.
Converted basements are becoming increasingly popular because no one really uses them except for storage now. With space becoming harder and harder to find, upgrading beneath the house may be the only option.
You could turn your basement or cellar into a living room, man cave, bedrooms, or even add a bathroom down there. You don’t have to make it look like a dreary, old basement either.
With some interior design and hard work, you can make it look just like any other place in the house!
4. Start Painting
If you have no clue where to start, just start by painting. Paint is an inexpensive renovation, but it can transform any old room into something that feels new.
When you repaint it, try and choose neutral colors that anyone would love. Bright, colorful colors may not be appealing to most buyers.
Choose colors like gray, cream, beige, soft white, or another type of brown. However, don’t stop with just painting the walls.
In the kitchen, you can repaint all of the cabinets instead of splurging to get new ones. You can also paint the doors or closets to freshen them up.
While painting doors, don’t forget to paint the ones that are outside as well.
5. Freshen Up the Exterior
Painting the outside door will help to freshen up the exterior, which is the first part of the house that potential buyers will see.
You don’t have to go crazy with outdoor renovations, but make sure at the very least that it looks presentable. Water your lawn, take care of your plants, and maybe even pressure wash the house every year.
If there is any part of the house that is old or is falling apart, consider putting in the money to replace it. For example, roofs will need to be replaced every now and then.
For more information on replacing your roof, click here.
6. Update Your Bathrooms
Like the kitchen, the bathroom is also another important place that many people will use no matter who they are.
While some people just want a bathroom that works, others want one that is updated, looks nice and is a nice and relaxing place to be in.
Consider trying to turn your bathroom into a place where tired moms can hide away and relax for a while.
You can try updating some of the lightings, upgrading the countertops, installing new appliances, and even adding some bathroom counter space or storage! If it’s a master bathroom, you should also add in two sinks if you have the room.
7. Incorporate an Open Concept
Lastly, this renovation may use a little bit more of your budget, time, and effort.
Open concept plans are very popular right now, and you can easily change the entire layout of your home by just knocking down a few walls. However, before you do this, you may want to call a professional to make sure your whole house doesn’t come down on top of you.
If you can’t change the floor plan, try adding on to one end of your house.
Discover More Ways to Increase Your Selling Values
These are only a few ways to increase your selling values in your home, but there are many more things you can do.
Before you start on any project, check your budget to make sure that the cost of the renovations won’t outweigh the profit you’ll receive once you do sell the house.
A renovation may attract more buyers, but this is an investment so you still need to make money off of it.
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