Home Renovations That Increase Resale Value
Home renovations increase the value and marketability of your home for potential buyers. But when you’ve got a full-time job and a family to care for, it can be difficult to fathom these improvements. Though a lot of us have more time at home than usual, it doesn’t necessarily feel that way; there still doesn’t seem to be enough hours in the day to get everything done.
Thankfully, there are a few home renovations that you can tackle yourself, which will increase resale value without wasting time or money. You can also enlist the entire family to help, instead of hiring costly contractors. This will allow you to move forward and place your home on the market.
Updating the Kitchen
Kitchens used to be an unseen room in the back of the house, but over time, they’ve become a focal point of everyday living. Families spend a lot of time in the kitchen, and with the right seating area, this room can become a central location for entertaining guests.
As potential home buyers peruse your abode, a beautiful kitchen will be an important selling point. Updating it (within reason) can be eye-catching—the kitchen can act as an excellent area of focus to draw buyers in. Moreover, kitchen renovations will allow you to raise your asking price.
Updating the Bathroom
Similar to the importance of kitchen updates, the state of the bathroom matters. A bathroom in dire need of some TLC isn’t going to score you many points with potential buyers. Again, renovate within reason, as you don’t want to break the bank on a place you’re looking to leave. Start by selecting a neutral tone of paint for the walls to add a touch of classical elegance to the space. And with the help of some matching decorations, you will be one step closer to creating the ideal bathroom atmosphere.
It’s unnecessary to update every aspect of the bathroom. Many buyers will likely change and personalize the space to make it their own. However, replacing or painting old cabinetry, cleaning grout and tile, and updating faucets and light fixtures will surely add value to your home. It will also give home shoppers a clearer idea of your home’s potential. In the meantime, it’ll feel great to use that spruced-up space yourself.
Refinishing Wood Floors
If you have hardwood flooring installed, your home is already more valuable. People actively search for this solid surface option, as it boasts a classic look that stands the test of time. Any home with hardwood floors conveys a certain degree of wealth or stability. Plus, compared to carpet, hardwood is often cleaner and easier to maintain.
You look at your hardwood floors every day, so you may not notice if they’re starting to look a bit worn. As such, you’ll want to know what to do if your hardwood finish fades. A fresh sheen will make your floors appear almost new and be very attractive to prospective buyers. The process is fairly simple and in a short amount of time, you can increase your home’s value.
There are many home renovations that increase resale value. The important part is deciding what will enhance each room without breaking the bank. It’s amazing how fresh paint and updated fixtures can create the illusion of a more expensive feel. Take some time to evaluate your home with an objective eye. From there, you can decide what décor you need to adjust to create a modern, clean, and inviting presentation.
