Like many American’s, your biggest investment may be your home, so you want it to perform well when you put it on the market. Some home renovations can be costly, so you want to make sure the upgrades will make your home more attractive to potential buyers and give you the biggest bang for your buck. Here are some home improvements that pay off when it comes time to sell your home!
Energy Efficient Upgrades
Improving your home’s energy efficiency may make a bigger difference and give you more bang for your buck than cosmetic upgrades. The number of energy efficient homes is on the rise, and many home buyers favor energy efficient homes because of potential long term savings. Think attic insulation, HVAC, water heaters, windows, and doors. These upgrades are less expensive than solar panels. It’s a great idea to provide potential buyers with copies of your utility bills to show them how much they can save.
Minor Kitchen Renovations
Renovating the kitchen is one of the key things you can do to improve your home’s value. The good news is you don’t need to do an expensive full kitchen renovation to make a big difference. Smaller things like painting your cabinets, getting new cabinet doors, or switching out cabinet hardware can make buyers happy. Upgrade your countertops and install new appliances, if needed. You don’t need to buy the most expensive appliances to make your kitchen fabulous.
Minor Bathroom Renovations
Updating your bathroom can also make a big impact on buyers. Think about regrouting tile, replacing caulk, updating the toilet, mirrors, and fixtures. These smaller projects can give your bathroom a nice facelift without breaking the bank.
One of the least expensive things you can do also gives you one of the best returns on investment. A nice, fresh coat of interior paint can really brighten up your home and make it shine. Color trends change over time, but it’s usually best to stay away from deep, dark colors and pure white. Always consider the impact the color will have on the buyer. Select colors that will make it easier for buyers to picture themselves living in your home.
Power wash your home’s exterior to decide if you need to freshen up the exterior paint. Sometimes power washing alone works enough magic. If your front door is older and you aren’t going to replace it, it’s a good idea to paint it!
Upgrading your flooring can make a huge difference and it makes your home look well maintained. Hardwood floors payoff and they are in high demand, but they are expensive to install. Replace tile and carpet if needed. At the very least, refinish your hardwood floors, wax tile areas, and get carpets professionally cleaned. If you’re on a budget, focus on the upgrading the flooring in the kitchen and living areas to get the biggest impact.
Thinking about selling your home in the Greater Boston area? Contact Barrett Sotheby's International Realty today and learn how we can help!