There are many reasons why people decide to sell their home. In most cases, homeowners do minor improvements or renovations to boost its resale value. However, not all home improvements add value. As a matter of fact, some might even cause the selling price to go down.
Here are five minor renovation projects that you should invest in if you want to improve your chances of selling your home:
Here are five minor renovation projects that you should invest in if you want to improve your chances of selling your home:
1. Enhancing the Bathroom
One small renovation project worth investing in is the bathroom, whether it's adding another one or improving an existing one. Underutilized areas, like closets or the space under the stairs, can be transformed into an extra bath. Replacing old shower doors, applying new paint or reglazing the tub all make a big difference.
2. Upgrading the Kitchen
The kitchen is the heart of a home, and any improvements in this area will pay off in spades. However, you should take care not to go overboard and turn it into something so fancy it doesn't fit in with the house's style. Instead of a total renovation, consider updating dated appliances with energy-efficient models or coating the space with fresh paint.
3. Reinvent an Already Existing Space
Every homeowner wants more space but adding another room to the house is an expensive endeavor. One option to getting extra square footage would be to reinvent an already existing room. An unused attic can be turned into a crafts room or a playroom. A basement can be refurbished as an additional living room or bedroom. A lot of would-be buyers find a versatile room appealing.
4. Put Up Energy Efficient Windows
Today's buyers also look at how energy efficient a home is. One way of doing this is to put up Energy Star-rated glass. You can save up $500 in cooling and heating costs annually when you use energy efficient windows. It can be quite the investment but you can easily recoup about 60% to 90% of the cost. You will even receive a 10% green energy tax credit for upgrading your windows.
5. Keep Up the Basic Updates
Regular maintenance and updating fixtures go a long way in adding value to your home. So make sure to fix the roof immediately when it leaks, get rid of molds and give walls a fresh coat of paint. Don't forget to update your home's electrical wiring and plumbing. These will prevent your house from deteriorating and will give potential buyers the impression of a stable and safe home.
Concentrate on small home improvement projects if you want to boost your home's resale value. You should also invest on the right insurance for your home. At Brad Spurgeon Insurance Agency Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. To learn more about how we can help you, please contact our agency at (409) 945-4746 or Click Here to request a free quote.
One small renovation project worth investing in is the bathroom, whether it's adding another one or improving an existing one. Underutilized areas, like closets or the space under the stairs, can be transformed into an extra bath. Replacing old shower doors, applying new paint or reglazing the tub all make a big difference.
2. Upgrading the Kitchen
The kitchen is the heart of a home, and any improvements in this area will pay off in spades. However, you should take care not to go overboard and turn it into something so fancy it doesn't fit in with the house's style. Instead of a total renovation, consider updating dated appliances with energy-efficient models or coating the space with fresh paint.
3. Reinvent an Already Existing Space
Every homeowner wants more space but adding another room to the house is an expensive endeavor. One option to getting extra square footage would be to reinvent an already existing room. An unused attic can be turned into a crafts room or a playroom. A basement can be refurbished as an additional living room or bedroom. A lot of would-be buyers find a versatile room appealing.
4. Put Up Energy Efficient Windows
Today's buyers also look at how energy efficient a home is. One way of doing this is to put up Energy Star-rated glass. You can save up $500 in cooling and heating costs annually when you use energy efficient windows. It can be quite the investment but you can easily recoup about 60% to 90% of the cost. You will even receive a 10% green energy tax credit for upgrading your windows.
5. Keep Up the Basic Updates
Regular maintenance and updating fixtures go a long way in adding value to your home. So make sure to fix the roof immediately when it leaks, get rid of molds and give walls a fresh coat of paint. Don't forget to update your home's electrical wiring and plumbing. These will prevent your house from deteriorating and will give potential buyers the impression of a stable and safe home.
Concentrate on small home improvement projects if you want to boost your home's resale value. You should also invest on the right insurance for your home. At Brad Spurgeon Insurance Agency Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. To learn more about how we can help you, please contact our agency at (409) 945-4746 or Click Here to request a free quote.
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