Planning on Selling? 4 Home Improvements to Make for High ROI
If you are planning on selling your home, chances are you are trying to make as much of a profit as possible. There are actually some home improvements that will increase the value of your home by more than what you actually spend. Here are four examples.
New Kitchen
Updating an old kitchen will immediately add value to your home, and it will make it attractive to more buyers.
Having an outdated kitchen could qualify your home as a project, making it less desirable.
Updating your kitchen can be an expensive undertaking. But, you can almost always count on it increasing the value of your home by whatever you invest plus a few thousand dollars more.
And, you get to enjoy all of the updates in the meantime. Remodeling your kitchen is definitely a win-win.
Updated Bathrooms
Isn’t it crazy how styles can change so drastically? Colors and an overall trendy style can be difficult to keep up with, especially with bathrooms fixtures.
Unfortunately, lime green toilets and gold bathtubs aren’t doing anything for the value of your home.
Remodeling Your Bathroom Is Almost Like a Triple Win!
- It’s just as effective at increasing the value of your home as updating your kitchen, and it’s attractive to potential buyers for the same reasons.
- You get to enjoy a new bathroom that isn’t an eyesore.
- Newer bathroom fixtures are more energy efficient, so you’ll save money on utilities.
New Roof
A roof, if it’s installed correctly, should last at least 25 years. So, having a new roof will make your home more desirable if you are selling it.
And, time is money, right?
Just be careful about who is doing the work. Don’t be tempted by roofers without a solid reputation.
You’ll be much better off doing a little research and finding a reputable roofing contractor to do the job.
Curb Appeal
Home buyers will be more likely to want to see the inside of your home if it looks great from the outside.
Cleaning and painting are two of the most cost-effective home improvements that can really pay off.
Take a good look at your home’s curb appeal, and think about some things that can really improve the overall look.
These are just a few of the ways that you can get a good return on your investment with home improvements.
It’s all about making your home more attractive to buyers. At the end of the day, a few updates, carefully executed, will put more money in your pocket.
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Category: Housing
