We get asked this all the time…What areas of our home should we improved to increase its resale value. So here is your answer and some areas to focus on.
- The kitchen is often considered the heart of a home and is a major selling point for potential buyers. Upgrading appliances, replacing countertops and cabinets, and adding modern fixtures and lighting can all increase the value of a home.
- Bathrooms: Bathrooms are also important to buyers, so upgrading them with new fixtures, vanities, and tile can improve a home’s resale value.
- Curb appeal: First impressions are important, so improving the exterior of a home can help it sell faster and for a higher price. This can include landscaping, adding a fresh coat of paint, and making any necessary repairs.
- Flooring: Replacing old or worn-out flooring can make a big difference in a home’s appearance and value. Hardwood floors are a popular choice among buyers.
- Energy efficiency: Improving a home’s energy efficiency can save money on utilities and also increase its resale value. This can include adding insulation, upgrading windows and doors, and installing energy-efficient appliances.
- Additional living space: Adding livable square footage to a home can increase its value, such as finishing a basement, converting an attic into a bedroom or adding a sunroom or screened porch.
It’s important to keep in mind that not all improvements will increase the value of a home equally. The best improvements will depend on the current state of the home, the local real estate market, and the preferences of potential buyers.