If you are looking to do some renovations to your home but wondering if you will recoup the money when you sell, zillow.com gives several projects that are sure to raise the value of your home. Here are some small updates that produce a big return…
Kitchen improvements are a great place to start. “Renovating the kitchen is always the biggest way to add value to your home,” says Grace Fancher, real estate agent at Kansas City firm Sarah Snodgrass. “People love to cook, and everyone tends to gather in the kitchen. If you add seating, such as an island with bar stools, buyers go crazy for that.” It may not be in your budget to do an all out kitchen makeover, but small changes can make a big difference. Every little bit helps. Whether installing a new backsplash, replacing appliances, or redoing cabinets and floors, you can always find a kitchen update that fits your budget.
Bathrooms may be small, but they have a big impact on your home’s value. Depending on your pupose, your bathroom remodel can be anything from regrouting tile to gutting the entire room and starting from scratch. If you are updating to sell your home, you might want to stick to the simple projects that are not as expensive. Sprucing up with some new hardware and paint will give your bathroom a fresh look for buyers. Of course, if your plan is to stay in your home for some time, you can go as far as new tile in your shower, new vanities, and more!
Lights are a cheap upgrade that make a big impact on the look of your home. The more light in a room, the more open the space feels. Replacing dim lights with new fixtures will give a new look to your house either for potential buyers or just for your enjoyment.
A fresh coat of paint says a lot about your house. Just like lighting, paint will give your home a new look. If you are planning on selling, you might want to touch up the trim as well. Buyers like to see that homes have been taken care of, and banged up, dingy trim does not give that impression.
Landscaping can be an easy, yet valuable upgrade to your home. Simply putting down fresh mulch makes a big difference on your home’s curb appeal. If you have the time and money, however, clean up the rest of the flowers and shrubs as well. Maybe add some new plants and replace broken stones if necessary. A new coat of paint on your front door and shutters would give the house a great new look, too!
Whatever your budget and whether you are selling or your home just needs a little face lift, you can usually find an update that is simple and doesn’t break the bank.