If you’re looking to sell your home it can be an important, and highly profitable investment to do some last minute renovations before you put it on the market. There is no end to the things that you can renovate in your home. However, there are a few things to consider renovating that will increase the value of your home and return way more than your original investment. Though this list can be as long as your imagination, here are some suggestions to maximize your return.
1. General Repairs:
The first priority should be to repair anything that is in disarray. If there are repairs that you have been knowingly putting off, now is the time to deal with it. Leaky faucets, cracked silicon, exchanging the furnace filter, chipped light covers, etc. should all be the top priority before continuing down this list.
2. Get a second opinion:
Once you’ve done all the repairs you can think of, invite a friend over to give you a second opinion. There are things you get used to as a homeowner because you see them every day. Having a fresh perspective may help you catch things you forgot were a problem, like sticky drawers or a loose faucet.
3.Upgrade the kitchen:
Upgrading dull counters to beautiful granite or marble can have a huge effect on the value of the home. Having marble or stone countertops makes your house look more modern and can change the entire feel of the room.
4. Fix the Lighting:
Having dull lighting can make your home look, well, dull. On the other end of the spectrum, you will want to ensure you do not have lighting that is to fluorescent. Whichever way you are currently leaning, make sure you install lights that properly light up the room and give it a warm glow, mimicking natural sunlight.
5. Up Your Curb Appeal:
You hear this in every area of your life, and it applies here as well; first impressions matter! When pulling up to your house for a viewing people have already made the decision on whether or not they love the home, they then look at the interior to reinforce the decision they’ve already made pulling up. Interested in some ideas on how to do this? Check out our upcoming blog post.
6. Upgrade the Bathroom:
Bathrooms usually have a lot of wear and tear and can get grimy looking fast. Updating the bathrooms is one of the renovations that can bring the highest return when selling a house. Somethings to focus on include;
The bathroom faucet: Upgrade to an under-mount sink.
The bathtub/shower: Upgrading to a deep tub and a rainfall shower can really make potential buyers think about how great it would be to live in your house. Though this can be an expensive renovation it is usually a great way to increase the value of your home and bring in a positive return.
7. Exterior Painting:
If it has been a while since you last painted the outside of your house, this is one of the best ways to increase the value of your home. An old paint job can make your home look run down and old-fashioned. Similarly, a good paint job can help your house look fresh, fashionable, and well kept.
8. Focus on the Flooring:
Flooring is another feature that can make or break the sale. The most important thing to focus on is that your floor is in good repair. If there are any cracked tiles or water damage on the hardwood, make sure you get it fixed. A complete overhaul of the flooring may be called for if the flooring is out of style, or has excessive damage. Upgrading to something modern, such as a dark hardwood can be one of the best ways to increase the value of your home immensely.
Hire a home inspector to inspect the property before the house is put up for sale. This way, any potential problems that are found can be dealt with. Any problems found can feel a lot worse if you have to add the stress of a potential buyer falling through due to the inspection report.