3 Remodeling Projects That Can Pay Off Big When Selling Your Home
If you are one of the many homeowners out there who are looking to put their home on the market this summer, you certainly have your work cut out for you in getting your home ready to sell. While it might seem like right now is the last time you would even want to think about undertaking a home remodeling project, you might be surprised to find out just how much a thoughtful remodel can make a difference when it actually comes time to sell later this summer. In fact, there are a number of projects that will not only enhance the overall appeal of your home and make it easier to sell, but they can almost pay for themselves in the additional value they bring to your home. If you are still on the fence about whether or not this could be a good investment and bring a higher price when it comes time actually list your home, we invite you to take a quick read through this short article our team of professionals have put together that identifies several popular remodels that give you the most bang for your buck.
Budget-Friendly Kitchen Remodels
Most homeowners tend to wince a bit when kitchen remodeling comes up, and while kitchen remodels usually aren’t cheap, there are a number of ways to maximize the value you are getting for each dollar spent. The kitchen is easily one of the most important rooms of the house, and oftentimes, potential buyers are much more willing to overlook other flaws with a house if the kitchen has been updated. In fact, a minor remodel can actually net you more return for your investment, around 87%, than a major kitchen remodel at around 80%. Painting your cabinets, installing new cabinet doors, upgrading countertops, new appliances, or even just switching out old cabinet hardware can really go a long way in helping you sell your home for more.
If your home has bathrooms that are a bit older or outdated, this is another area where a quality remodeling project can make a huge impact in your ability to sell your home for more. Next to the kitchen, bathrooms are easily the number two selling point in most homes. In fact, studies have shown that even a minor bathroom remodel can give you as much as a 102% return on your investment as long as it’s done properly and tastefully. Re-grouting your old tile, replacing worn caulk, and even replacing that old toilet for something a bit more modern and efficient can go a long way. Additionally, replacing broken mirrors or fixtures, and converting your old plastic tub into a tile shower can be particularly big payoffs when it comes time to sell.
Fix Your Floors
Your floors say a lot about the treatment your house has received over the years, and taking the time to upgrade your floors before selling can make a much bigger impact than you might realize. If you are looking for a more affordable way to upgrade your floors, simply putting down some new carpet can be a fairly low-budget solution, but upgrading to hardwood flooring in the common areas of your home can be an excellent way to drive up the value and visual appeal of your home without having to spend a fortune having it installed throughout your whole house.