5 Home Remodeling Projects That Increases a Home’s Value
When remodeling your home, you should be doing projects that increase your home value, especially if you want to sell in the future. Get the most out of your investment by choosing home remodeling projects that will add value to your home. Need some ideas? We have you covered. Take a look at these simple, but effective home remodeling projects that increase a home’s value.
1. Minor Kitchen Remodeling
To maximize your investment in a kitchen remodeling project, it is important to update the right things. If you go too over the top with the kitchen, you’ll end up spending more than the value you will get when you sell. Here are a few minor changes that will get you a good return on your investment.
Replacing the Countertops
Replacing the countertops can go a long way in a kitchen remodeling project. As a home remodeler, you will want to consider which countertop would be the best for your kitchen. Some options include concrete, granite, solid surface, and quartz.
Though they each provide their own look and benefits, our favorite is a quartz countertop or a solid surface countertop like Corian. Each of these is easy to clean and comes in a variety of colors and patterns. Ensure that no matter what you choose, that the countertops look seamless in the space. After all, it is one of the first aspects in the kitchen buyers will see when you sell your home.
Addressing the Cabinets
If your cabinets are quite old and damaged, it might be worth it to replace them. However, if you didn’t include that in your budget, there are some other things you can do to increase value without spending as much. For instance, refinishing and repainting or restaining the cabinets when done correctly will look like you completely replaced them. Go one step further and replace the hardware. The hardware you choose can transform your kitchen from traditional to modern to eclectic, etc.
One of the most valuable things you can do when undergoing kitchen remodeling is updating the appliances. You’ll get almost all of the money back that you put into it. Go with matching appliances, and if you don’t have a dishwasher, installing one can be a big pro when you go to sell. Stainless steel is a popular choice but can be hard to keep clean, so another good option is solid black.
2. Small Bathroom Renovations
Like the kitchen, to keep the most return on investment in a bathroom renovation, you’ll want to pick and choose what you update. Small bathroom renovations can increase your home’s value without investing a lot of money.
One place to start is by redoing the caulking in the bathtub or shower and around the sinks. Additionally, refinishing the bathtub or shower will make it look brand new.
Also, if you currently have a bathtub, installing a walk-in shower is a good renovation project because it is a positive for future buyers. Changing other things like putting in a double vanity if you have the room is another thing that can add value when you are ready to sell.
3. Upgrade the Flooring
Flooring is one of the first things that buyers will notice about your home. As a home remodeler, if you still have carpet or your floors are damaged, consider upgrading your flooring.
Install New Flooring
Not only will buyers pay more for a home with new flooring because it looks great, but they will also pay more just to not have to do it before they move in. The most popular choices are vinyl, tile, and hardwood, but you could also choose an alternative material like bamboo or cork.
Radiant Floor Heating
If you want to add even more value when upgrading the flooring, install radiant floor heating. Not only will you love it until you move, but buyers will love it because they won’t have to ever walk on cold floors, especially during the winter months.
4. Make a Statement with the Front Door
Sell your house from the moment that buyers walk to the front door. Replace your front door with one that makes a statement. It will draw attention and increase your curb appeal. Buyers sometimes write off homes just from the outside so invite them to see what your home has to offer with a statement-making front door. Go with steel or fiberglass for durability and choose a brighter, elegant color like a unique blue or wine color.
5. Walls and Lighting
The walls and lighting throughout the entire home should be a top priority for home remodelers. Besides your furniture, the walls and lighting fixtures are what give your home its style.
To be attractive for buyers, you’ll want to ensure that you remove any ugly wallpaper. Some wallpaper can make a great statement wall as long as it is in good condition. The wallpaper you’ll want to change out is patterns that look like your great-grandma hung them. Modern designs are great but outdated wallpaper can be a big turn-off for buyers. Additionally, a fresh coat of paint can go a long way. Go with more neutral colors like shades of gray, beige, or white to be attractive to more buyers in the future.
Updating lighting fixtures throughout your home can change the space completely. You can go modern, traditional, unique, or luxury, though the trend right now is modern minimalist fixtures. You’ll also want to ensure that you have bright lighting in every room whether you add additional sources of light or allow the natural light to come through.
An easy way to change out all of the lighting when it seems overwhelming is to take it room by room. When you are doing a kitchen remodeling project, replace the lighting while you are there, and then when you move onto your bathroom renovations, then replace the lighting fixtures there and so on.
The Big Things
Of course, the things that increase a home value the most, are also the things that make the most investment. However, these big things pay off in the future when you sell. What are the big things? The big home renovations that home remodelers should consider include replacing the roof, windows, home siding, and HVAC system. When these have been updated in home remodel, your home value increases dramatically and buyers will flock to your house when you’re ready to sell.
Get to Remodeling, Then Sell
What are you waiting for? Get started with your home remodeling projects, increase your home’s value, and then list it! When you are ready to list, contact The Holm Group, which has been helping people buy and sell for more than 20 years.