Ready to sell your home? Want to make some improvements to increase your home’s value and sell it for more? There are many renovation ideas you can make to significantly increase that price tag! Keep reading on to get some great ideas.
SET A BUDGET
So before you even start, you want to have a good idea of how much you want to spend on renovations. Of course, it will probably start as a rough estimate, but to set a more specific budget, do your research and get some estimates done. The more specific it is, the better. Then, decide how much over the budget that you’re willing to go and use this as a guide to decide what improvements are priority and how many you can get done.
INSTALL ENERGY-EFFICIENT APPLIANCES
Nowadays, many buyers are looking for homes that have components of energy efficiency, especially millennial buyers, the group that now makes up majority of home sales. From energy-efficient windows, to installing solar panels, to getting low-flow showerheads, making your home energy efficient will add a great incentive to your home listing. When advertising, emphasizehow solar panels help save money on energy bills in the long run and have tax incentives. Low-flow showerheads are a more budget friendly improvement that uses half the flowrate of regular showerheads and can also contribute to lowering the energy bill. Energy efficient windows can give you a great green energy tax credit and can save you up to 500$ a year on HVAC costs. Having this leverage when advertising your home will help it stand out from other listings and give you the ability to charge more.
REMODEL THE KITCHEN
The kitchen is seen as one of the most important areas of the home, so remodeling it is a quick way to up the value. However, you want your kitchen redesign to fit in with the rest of the house. For example, if its an older, vintage home, you don’t want it to have a 5 star, modern kitchen because this caters to two different types of buyers and will throw off the vibe of the home. Do things like a new paint job and update the appliances. Making minor changes like will make the renovations just right, without going over the top.
these will make the renovations just right, withMAKE SOME BASIC UPDATES
Get the roof re-done, re-do the paint to the rest of the house, check the HVAC, and any other routine maintenance duties. People like to know that the home they’re thinking of buying is safe, updated, and ready to be lived in. This is the best way to ensure that.
REINVENT A ROOM
This doesn’t necessarily have to mean expanding a room, or combining two into one, but just to reinvent the space that you already have. This will be much more cost effective and can go a long way. Maybe if you have a basement, reinvent it into another room, or advertise it as a bonus room, the possibilities are endless.
ADD A DECK
People love outdoor living spaces, and this is becoming increasingly popular. Whether you want to build a deck, a pergola, etc, there are many things you can do to your outside space to make it appealing. So get some inspiration, get a few quotes for what you want to do, and hire a contractor to get the job done.