If you’re getting ready to sell your home, the best home improvements are the ones that give you the best return on investment (ROI). The key to this is concentrating your efforts on factors that will have the most “bang for your buck.” If you don’t have the budget for a massive remodeling overhaul, not to worry! In fact, most of the timeless is more if you apply your efforts strategically. If all you can do is focus on one or a couple of rooms, we’ve got you covered!
Here are the 4 best home improvements that will instantly boost the resale value.
One of the best home improvements that immediately boosts the resale value of your home is to add square footage. Increased square footage is an instant selling point for just about any homebuyer.
However, this doesn’t necessarily have to imply a massive and expensive home remodel. Simply finishing your basement and/or attic can add to the livable square footage of your home. When finishing these spaces don’t specialize them for any specific use that relates to a hobby or intended purpose. Make them a blank slate so that the homebuyer can envision their own specialized use for the space.
It’s no secret that open floor plans are trending as a highly sought-after home feature and are here to stay for the foreseeable future. Prospective homebuyers love open floor plans because they:
Creating an open floor plan in your home is one of the best home improvements to add instant value to your home because it can be as simple as removing a wall or two. However, don’t get too excited and take a sledgehammer to your walls just yet. Consult with a contractor first to ensure that any walls you plan to remove are not structurally critical.
The kitchen has been called the “heartbeat of the home.” It is central to daily life for almost any family. It is the place in which meals are prepared and sometimes consumed, homework and projects are completed, and conversations and quality time over home-brewed coffee are shared. If you are limited in your budget, one of the best home improvements you can make for the most impact is to remodel the kitchen. However, don’t overdo it. Some simple and straightforward upgrades have been shown to have just as much or greater ROI than an expensive overhaul.
For instance, if your cabinets are in decent structural condition but just look shabby, you might not have to replace them completely. You might only need to replace the doors/cabinet fronts to make them look like new. Or maybe all they really need is a fresh coat of paint. Sometimes even just updating the hardware such as knobs and pulls can elevate the whole look of a kitchen. Some other moderate changes you can make to your kitchen might include:
Another home feature homebuyers zero in on is the bathroom count and condition. If your home only has one bathroom, it might be worth it to add another. Most families searching for a new home require more than one bathroom. Therefore, by adding another bathroom you open up your home to exponentially more possible buyers, which makes it one of the best home improvements to improve resale value.
However, if you don’t need to add a bathroom, some simple improvements can make this room more appealing to buyers. These might include:
Are you considering selling your home but don’t want to go through the hassle, time, and money spent on home improvements? Consider Space City House Buyers and let us take on the burden of home improvements for you! We want to buy your home as-is and are willing to work with you and your unique situation. Contact us today to find out more!
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