Whether you have a newer or older home, there’s always some home improvement that needs to be done. If you are thinking of diving into home renovations, there are two elements to consider when it comes to investing your money: will the renovation increase the value of your home, and will the improvement be appealing to prospective buyers if you ever wish to sell your home.
If in the future you are planning on selling your home, then you might want to focus your attention on home improvements that will help increase the resale value of your home. Top areas that buyers tend to focus on are bathrooms, kitchens, and master suites when they are trying to decide on a house to buy. Below you will find seven improvements that increase the value of your home.
1. Painting Walls
An inexpensive improvement that adds value to your home is repainting the walls. Refreshing the walls with new paint is a reasonably easy improvement to your home. Prospective buyers today are drawn to a more neutral color on the walls. A freshly painted room in a beautiful, light color can change the look of a room.
2. Kitchen Update
Who doesn’t like having a new kitchen to cook in? A kitchen update is a home improvement to consider for adding value to your home. Prospective buyers want a more modern, light, and updated kitchen that has a functioning counter and storage space. Before starting any improvement, especially a large one, like, a kitchen review your budget to see what you have available to work with. If it isn’t in the budget to fully update the kitchen, small changes like resurfacing cabinets, replacing countertops, and changing knobs and handles can go along way in transforming the space.
3. Transform Your Master Suite
Your master suite is a quiet room where you can escape the chaos. How do you want it to feel like? How much time do you spend in your bedroom? How much time do you want to spend there? What is your bedroom being used for? When you answer those questions, it will help you decide what improvements you need to do. Is storage important? A selling feature to prospective buyers is a walk-in closet in the master bedroom.
4. Rejuvenate Your Bathroom
Modernized bathrooms, with clean lines and colors, are attractive to potential buyers. If you still are rocking a pink toilet or tub, then consider investing money in a bathroom home improvement. A bathroom that feels like a retreat where you can relax will be attractive to prospective buyers, and beneficial to you. The bathroom can be an expensive home improvement, but you will be able to recoup costs if you ever decide to sell. The best part of the bathroom renovation, though, is that you will have a sweet spot to relax in after a hard day.
5. Resurfacing Driveway
The focus tends to be on the inside when it comes to home improvements, but it is also essential to focus on the upgrades on the exterior of your home too. Curb appeal is necessary for the overall value added to your home. If your driveway is cracked or damaged, it can diminish the value of your home. Look at having the asphalt resurfaced by a company like Limitless Paving & Concrete. Repairing or resurfacing your driveway helps maintain the integrity of the exterior of your home.
6. Landscaped Grass & Gardens
Just as you want a well-maintained driveway, you also wish your lawn and gardens to look maintained and well taken care of. A manicured lawn and a well-kept garden make your home more inviting. Choose flowers or plants that are easy to maintain, and add a fresh layer of much to transform your gardens and the appearance of the exterior of your home.
7. Bring Important Items Up to Date
Keeping up to date with repairs and maintenance in your home is essential to the value of your home. Having a savings set as a side for those unfun home improvements is necessary, like a new roof or furnace. It’s not as exciting as a kitchen or bathroom renovation, but they’re integral to the maintenance of your home and living comfortably.