Home Improvements That Increase Home Value
Install New Siding
First impressions last, and if a potential buyer drives up to your home and sees cracked vinyl or peeling paint on the doors and trim, they will immediately judge your property as not being well cared for. Because of this when they go inside, they will begin to look for other imperfections rather than looking at the overall layout and design of the home. This can be the difference between the buyer putting an offer in or not. Adding a fresh coat of paint or replacing damaged vinyl could increase the home’s final sale price 1%-3%.
Paint Interior Walls
While first impressions of your property’s exterior are very important, first impressions when entering the home are also very important. Painting the interior of the home creates a clean and fresh look, it helps highlight specific features of the home and create a positive feeling towards the home. 3 areas buyers are most particular about is the entrance, kitchen, and bathrooms. If your budget is limited, concentrate on these areas. This is because their areas of the house have the highest traffic and will also most likely have the highest wear and tear. Providing a fresh and clean look will make your home appear that it’s in tip-top shape.
Refinish Hardwood Floors
If the hardwood floors in your home are faded or scratched due to wear and tear, refinishing the floors can offer a huge return on investment when you go to sell. You can expect to not only recover the cost you spent on refinishing, but 54% of home buyers reported that they would be willing to pay more for a home with finished hardwood floors. In a market with a lot of competition, this cand definitely bump up the sales price of the home as finished hardwood becomes a selling point.
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Update fixtures in kitchen
Swapping out old fixtures in your kitchen with brand new upgrades is considered one of the best investments for maximizing your home sale value. The first thing you can look to do Is to repaint the cabinets and change all the hardware. Cabinets are one of the first things people see when they enter, and by making these small changes it can give your kitchen a completely new look. To make the kitchen feel larger and more, paint your cabinets with neutral tones as it is more reflective and brighter than darker cabinets.
Upgrading the lighting in the kitchen can completely change the mood in the room, a brighter light can create a happier feel while a dull light can make you feel more tired and lower motivation. I would recommend replacing existing bulbs with bright LEDs to increase the radiance and installing under cabinet lighting to give a modern look.