Remodeling your home to sell at the best price takes careful planning and research. Because renovations that offer the optimal return on your investment can change from year to year, it’s critical to ensure that your information is up to date.
Major renovations don’t offer the same ROI as they did in the home market’s heyday a decade ago. Fortunately, the average cost-value ratio of remodeling projects is again on the rise. The following low-cost projects can help you remodel your home to sell quickly for a higher price than you might expect.
First Impressions Count
When choosing projects that will help sell your home, it’s hard to overemphasize the importance of a homebuyer’s first impression. Imagine driving up to a great property in a stellar neighborhood only to discover an overgrown lawn, shabby shrubbery and peeling paint.
Many potential homebuyers won’t even bother to view a home if their first impression of isn’t a good one.
Enhance Your Home’s Curb Appeal
Happily, renovations that enhance your home’s curb appeal are some of the most affordable. If gardening isn’t your thing, a landscaping service can help ensure that your front garden stays neat and tidy for a reasonable monthly fee.
Swapping out outdated light fixtures for energy-saving new models is a low-cost project that adds sparkle to your home’s facade. A fresh coat of paint can do wonders, but be sure that you select a neutral shade that will appeal to the widest group of homebuyers.
Fashionable Kitchen Renovations
A sleek transitional style is the big change in kitchen remodeling when it comes to ROI. While homebuyers still want kitchens that are well-equipped with modern appliances, the style factor is garnering greater attention as well.
If replacing cabinets, focus on quality construction and choose a style that can easily adapt to a homebuyer’s personal taste. Opt for natural materials like hardwood, stone and glass that offer long-lasting appeal.
Hidden Storage Helps You Set the Stage for a Sale
Home staging is a practice that has become so widespread that many realtors now view it as essential to selling a home at the best price and within the fastest time frame. Home staging is simply arranging your furnishings and decoration in a way that helps homebuyers picture themselves at home in the property.
In most cases, home staging is more a matter of subtraction than addition. Home shoppers want a home that looks and feels spacious and uncluttered. Window seats, built-in bookcases and walk-in pantries and closets are remodeling projects that not only let you stash away ungainly items out of sight but provide the extra storage that homebuyers look for when shopping for a home.
Whether a move for you and your family is in your immediate future or not, it’s to your advantage to consider resale values when making changes to your home. Many home improvements can raise your home’s market value while raising the quality of your life at home as well.