Maybe you are considering to do some home improvements in your house by remodeling your bathroom or kitchen. Or maybe planning to improve the aesthetic value of your house by renovating its curb appeal because you want to put it on the market by spring. If you want to put up your place on sale, you need to be wise when choosing which part of the house should be given priority for renovations and upgrades. But how do homeowners usually determine which home improvements could help them maximize the return of their investments?
1. Home maintenance is important to ensure that your house is always in good condition. Remember that potential buyers are looking for good investments. Any properties that are old and dated are considered as a big turn off to them. Hence, even small updates to the house can always payoff bid to the homeowners.
Upgrading small things like cabinets and hardware on kitchen drawers can create an impact on the buyers. Homeowners can’t go wrong when remodeling their kitchen. Having a high-quality fixture like stainless-steel appliances and granite counters can boost the value of the property.
As part of the home maintenance activity, you can also check some kitchen appliances. If your furnace and water heater are old, you must consider replacing it. You might also want to check the clean kitchen sink disposal or inspect and change out HVAC filters.
2. Curb Appeal. Your curb appeal creates the first impression on your potential buyers. What your house looks like from the outside always matters. Fixing small things outside your house is already a big help to improve its aesthetic value. Homeowners can redo the front yard because landscaping is one of the first things that visitors and prospective buyers see when they arrive at the house. Renovating and upgrading your front yard can add beauty to your home, increase its value in the market and can possibly lower landscape maintenance costs.
3. Kitchens and Baths Upgrades. When remodeling a house, homeowners should consider upgrading their bathrooms. It is considered one of the easiest way to get the most of their investment. Have a mid-range bathroom remodel by replacing the toilet as well as the light fixtures and add a new or double sink.
If you have enough budgets left for the project, you can also update your bathrooms with a nice custom paint job. Bathroom remodeling usually attracts buyers because it increases home value for every penny spent on the project. Updating your countertops and new fixtures will ensure a solid return in your investment in the future. However, when upgrading your bathrooms, it is important to avoid anything that is too trendy. According to most designers, too trendy designs in the bathroom will less likely to attract buyers.
In order to attract buyers, homeowners should choose classic features. Having an off-white subway tile usually appeals to people who love traditional and contemporary tastes.
Homeowners who have a tiny two-bedroom bungalow must not invest in installing fancy appliances. They can do some cosmetic updates on the kitchen instead. If the existing appliances are already in order, coating them with electrostatic paint would provide them a metallic or enamel-type finish.
Download this infographic.