Increase The Value of Your Home and Make it Sell Faster!
Profitable Home Updates Every Seller Should Consider
Historically, there are a few updates and home improvements that are sure and proven winners when it comes to increasing the value of your property and adding a "WOW" factor that will make buyers want to purchase your home! If you are thinking about selling your home, consider these home improvements as a must!
Minor Bathroom Remodel
Generally this will return a 100%+ return
It is a generally accepted fact that home sellers who spend money to remodel their bathroom are likely to see their investment come back to them when they sell.
This is especially true if the improvement is focused on the master bath. Often older homes have smaller baths that are crowded. To create the openness, most buyers seek, you may consider replacing the tub with a glass-enclosed shower. Make certain to also replace the toilet and sink at the same time. Other accessories like glass or wooden shelves can add pizazz to the space.
The Kitchen
Kitchen Update/Remodel - Percentage of cost recovered: 98.5%
Provided the kitchen has a good flow and functions well, a minor remodel will generally pay very good dividends at resale.
Typical minor updates could include a cabinet reface with new doors and drawers (don’t forget the pulls too), replace old appliances with new appliances, update your flooring with a durable - resilient flooring and replace your counter tops with solid-surface (or even laminate) counter tops.
To complete the project, add a fresh coat of neutral wall paint. Be careful not to penny-pinch producing a cheap looking kitchen.
Do yourself a favor and stay away from wild colors. I know... all the designers on TV shows do some crazy things.... and that may be your preference but most buyers have a difficult time "seeing" past colors and clutter.
Make is easy for them to see themselves in this as their home and your sale will go much quicker.
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