Renovating a home is one of the most fun things that you can do while living in a house, but sometimes, it’s hard choosing the renovations that will be the most bang for your buck. In my eyes, any renovation that you do should increase the value of your home and add joy in your life. That is what you should focus on! With that being said, here are a few renovation projects that you should consider!
Kitchen and bathroom improvements
Kitchen and bathroom renovations always, always, always pay off! Obviously, if you already have a really nice upgraded kitchen and you just want to change the color of the cabinets for your own enjoyment, that probably will not pay off. However, if you have an older styled kitchen or bathroom, upgrading the countertops, cabinets, flooring, and even things such as the hardware can definitely benefit you in the long run. Most home buyers have a few things in mind when they go to buy a home: the location, the space, the kitchen, the exterior, and the bathrooms. A lot of other things can be slid under the rug, but a nice kitchen and bathroom is always a selling point.
Work on the exterior
The condition of your exterior is the first thing that potential home buyers look at. If they pull up to your home and the siding is falling off, or the roof looks worn, do you think they will want to look at the inside? Probably not. That’s why I always recommend making sure that the exterior of your home looks neat and well taken care of. Add in flowers, bushes, touch up any peeling paint, and check the roof while you’re at it. Don’t forget to take a good look at the mailbox! Some just look awful.
Update your appliances
If you are planning to sell your home in the near future, consider replacing old appliances with new. This includes kitchen appliances such as your refrigerator, range, and even microwave. Also, make sure you do not forget about your bigger home appliances, as well, such as your hot water heater, air conditioning units, and more. While some home buyers want to bring in their own fridge and other appliances (or will buy new), buying ahead of time saves them something on their check list that will save them cash.
Focus on large improvements
Once again, if you plan to sell your home in the near future, focusing on large improvements is so helpful. When you look at a listing page on Zillow or another real estate page, they will always point out large improvements like a new roof, a new hot water heater, a new furnace or HVAC system, and more. Why? Because these are big ticketed items that could potentially cost the new homeowner a lot of money. Updating these large appliances and doing other large improvements is so handy when it comes to getting a better price for your home when you go to sell. For example, my friend had a crack in her foundation. It is a huge item when it comes to the home inspection. She knew that it was not causing any issues to the home, so she went ahead and paid about $700-$1,000 for a foundation expert to come inspect it and give her a letter saying that the structure was okay. She let the prospective buyer(s) know this ahead of time and it saved a lot of headache, stress, and probably money in the long run. Plus, it led the buyer(s) to have more peace of mind knowing that she was upfront and honest, which more than likely made the sale easier – with less negotiation room.