What Is the Best Improvement to Sell a House?
Looking to sell your home? Then you’ll want to make some upgrades that will make it more valuable and sell faster. However, knowing what improvements are worth your money and time can be tricky. Some home renovation projects, like a swimming pool, can be costly.
Yet, according to the 2018 Remodeling Magazine’s Annual Cost vs. Value Report, a swimming pool tops the list of home improvements that don’t add value to a home.
Others, like painting and roof replacement, may seem like minor upgrades, but they give potential buyers a great first impression of your home. So, what renovation projects should you undertake when preparing to sell your home? Keep reading to find out!
1. Upgrade Your Kitchen
The kitchen is the heart of every home, which is why many home buyers prioritize it when purchasing property. It’s also one of the home remodeling projects that return the highest ROI.
Exactly how much can you expect to recoup from a kitchen remodel?
The Remodeling Magazine Cost vs. Value Report puts the number at 62.7% to 81.6% of your investment. But you don’t have to go overboard with a kitchen upgrade. Simple upgrades like replacing the faucet, adding cabinets, and replacing old light fixtures are enough to get you a significant ROI. A minor kitchen remodel shouldn’t cost more than $20,000.
2. Upgrade the Bathroom
An inexpensive bathroom upgrade (think granite countertops, not high-end quartz) offers a great return on investment. According to the Remodeling Magazine Cost vs. Value Report, bathroom remodels will recoup 87.5% to 93.5% of your investment.
So, which upgrades should you make?
Like the kitchen, don’t splurge on bathroom remodeling.
Simple bathroom updates could include new tiling, new countertops, frameless glass door, new fixtures, and new cabinets. When replacing the cabinets, minimalism is the way to go—opt for neutral colors rather than popping palettes or raised panels.
3. Replace the Roof
Want to give buyers a great first impression? Work on your house’s exterior.
And this starts with the roof. The roof is the first thing buyers will notice about your home, even before stepping foot inside the premises.
So, if your is old and outdated, it will surely put buyers off. If the roof is not more than ten years old, replacement might not be necessary. Little maintenance, like painting and simple repairs to the gutter, seals, and chimney, should do the trick.
But if the roof is on its last leg, replacement is the way to go. A new roof will more than pay for itself. Make sure to choose a roof that matches your home’s style and colors.
4. Touch Up Your Exterior Paint
Painting helps to restore the house to its lost glory. Any serious defects in the paint job on your walls and roof will need to be covered.
More than anything, a potential buyer will want a home that will wow visitors, and peeling paint on walls won’t help with that. When repainting the walls, do so with the intent to sell. Neutral colors are the best, but you don’t have to go all white; add hues, like shades of gray and beige, that will give your home a neutral look.
Wrapping Up
When selling, you’ll want to make upgrades that will impress buyers and add value to your home. You’ll get the best return on investment by upgrading your kitchen and bathroom and working on projects that improve your home’s aesthetic appeal, like the roof and walls.
Other home upgrades worth your time include upgrading the front door, adding a deck or patio, and landscaping your yard.
Contracting a professional who will give honest advice is valuable and will result in a high level of quality and design which should warrant a higher resale value. If you’re looking for a reputable home renovation contractor for your project, Black Birch Contracting can help.
With over 15 years of experience in the industry, we’re well versed with virtually any home renovation project—whether it’s a backyard patio or the much-needed kitchen remodel. Contact us today, and let us restore your home to its former glory.
