When considering what home upgrades to make, it’s essential to consider their impact on your resale value. While some upgrades are worth the investment, others may not be worth the money – especially if you plan to sell your home soon.
Here are 8 home upgrades that are of the utmost importance for resale value.
1) A fresh coat of paint:
A new coat of paint is one of the cheapest and easiest ways to freshen up your home’s appearance – both inside and out. If you’re planning on selling your home soon, it’s worth repainting any areas that look worn or outdated.
Paint can also be a great way to update your home’s style without making any major changes. For example, if your home is decorated in neutral tones, adding a few accent walls in bolder colors can make it stand out. Just be sure to choose colors that will appeal to a wide range of buyers.
2) New flooring:
Another great way to update your home’s appearance is to install new flooring. If your carpets look worn or your hardwood floors are scratched and scuffed, replacing them will make your home look more polished and well-maintained.
There are many different options to choose from when it comes to new flooring, so be sure to pick something that fits your budget and your personal style. Popular choices include laminate, luxury vinyl, and engineered hardwood.
If you’re not ready to commit to new floors throughout your entire house, you could also try area rugs – they can add color and pattern, and they’re much easier (and less expensive) to replace if you decide to change your mind later on.
3) Updated kitchen:
The kitchen is often one of the most essential rooms in the house regarding resale value, so if your kitchen looks outdated, it’s definitely worth considering a renovation. Even something as simple as painting the cabinets or replacing the hardware can make a big difference.
If you’re planning on doing a more extensive renovation, be sure to choose materials and finishes that will appeal to a wide range of buyers. For example, popular choices for countertops include granite and quartz, while stainless steel appliances are always a good bet.
And if you’re really looking to add some value to your home, consider adding an island or installing new lighting – both of which can make your kitchen feel more spacious and inviting.
4) Renovated bathrooms:
Like the kitchen, bathrooms are another important selling point for many homebuyers. If your bathroom looks outdated or needs repair, a renovation could be worth the investment.
There are lots of different ways to renovate a bathroom, so you can choose the option that best fits your budget and needs. For example, you could replace the fixtures and hardware or gut the entire space and start from scratch.
Some popular bathroom upgrades include new tile, vanities, toilets, and showers. And if you’re really looking to add some extra value to your home, consider adding a second bathroom – especially if your house only has one right now.
5) New windows:
Adding new windows is a great way to improve your home’s appearance and energy efficiency. If your windows are old and drafty, replacing them with newer, more energy-efficient models will definitely be worth the investment.
There are lots of different types of windows to choose from, so be sure to pick the option that best fits your needs. For example, impact-resistant windows may be a good choice if you live in a hurricane-prone area. Or, if you’re looking to add some extra light to your home, skylights could be a good option.
No matter what type of windows you choose, they’ll definitely add value to your home in terms of resale value and energy efficiency. Boulder Window is a great choice when it comes to new windows because not only are they impact-resistant, but they also let in lots of natural light.
6) Exterior updates:
First impressions are important, so if the outside of your home looks a little shabby, it’s worth considering some exterior updates. Something as simple as painting the front door or pressure washing the siding can make a big difference.
If you’re looking to do something more extensive, you could consider adding a new deck or patio or even planting some new landscaping. These types of projects can be pretty expensive, but they’ll definitely add value to your home in terms of resale value and curb appeal.
7) Energy-efficient upgrades:
One of the best ways to add value to your home is to make it more energy-efficient. There are a lot of different ways to do this, but some popular choices include solar panels, energy-efficient appliances, and tankless water heaters.
Not only will these types of upgrades save you money on your utility bills, but they’ll also make your home more attractive to potential buyers. In today’s market, many homebuyers are looking for eco-friendly and sustainable homes, so energy-efficient upgrades can give you a leg up when it comes time to sell.
8) Added storage:
Storage is always a valuable commodity, so if your home is lacking in this department, it’s definitely worth considering some storage upgrades. Something as simple as adding shelves to a closet can make a big difference.
If you have the space, you could also consider adding a shed or an additional closet. These types of projects can be fairly expensive, but they’ll pay off in the long run by making your home more organized and functional.
And if you’re really looking to add value to your home, consider converting an unused room into a dedicated storage space – like a walk-in pantry or an attic bedroom. These types of rooms are always popular with buyers, so they’re definitely worth the investment.
In conclusion, there are a lot of different ways to add value to your home. But if you’re looking to make the most significant impact, focus on upgrades that will appeal to the broadest range of buyers. Things like new windows, energy-efficient appliances, and added storage are always popular choices. So if you’re considering making some improvements to your home, keep these options in mind.