You could lose $18,000 by having a high-end kitchen remodel done before selling your home.
This is just one of many home upgrades that will cost you far more than you’re getting back in resale value.
We want you to avoid these bad home improvement ideas and instead go with one of the best home upgrades you can do. These will increase your home’s sale value rather than decreasing it.
Keep reading to find out more about these home improvements that add value.
1. New Roof
If your home is in need of a new roof, this is one of the things you should be doing anyway, to keep it from being a sticking point for buyers. The good news is that it can also improve your home’s value.
Alternatively, if your roof simply needs a repair to get it looking and working like it’s brand new, you can also do that. Since the roof is on the house inspector’s checklist, you want to make sure it checks out.
A new roof can increase your home’s sale value by around $12,000.
2. Kitchen Facelift
There’s no need to replace every appliance in the kitchen with the best of the best. Instead, have us replace your dated countertops and cupboards to give your kitchen a fresh new look.
It’s estimated that a kitchen facelift can increase the sale price of a home by nearly $15,000.
3. Minor Bathroom Remodel
The bathroom is another area of the house that should be fixed up before selling. Fortunately, it’s easy to have a few key improvements done in this room to increase value, such as resealing the tub, replacing tile, and repainting.
This home improvement can boost your home’s value by about $10,000.
4. Exterior Improvements
There are a few ways to update the outside of your homes to improve its resale value. One of the reasons this matters so much is that it enhances your home’s curb appeal, so you’ll have more buyers interested from the beginning.
Here are a few improvements you can make to your home’s exterior:
- Add a deck
- Front entry remodel
Landscaping alone can provide you with an extra $5,000 at closing, and replacing your siding could mean you’ll have $7,000 more in your pocket after you sell.
5. Attic Bedroom
If you have an attic space that can be turned into an extra bedroom, this is a great way to sell your home more quickly and for more money. The price for this upgrade varies greatly depending on the size of the room and how much work it will take to make it into a functional bedroom.
On average, homeowners can improve the value of their house by around $35,000 by converting an attic space into a bedroom.
Want to Know the Best Home Upgrades for Your Home?
This list of the best home upgrades to increase resale value may not apply in every situation. For example, you may already have incredible landscaping or you might not have enough space to do any landscaping.
Every home is different, so what works best for the Joneses next door might not help you sell your home for more money. Contact us today for a personal evaluation of your home.