Upgrades that Actually Add Value to Your House
In recent years, the state of the real estate market has made it harder for homeowners to put their house on the market. Afraid of sales falling through or paying hefty fees with no results, many decide to stay put in hopes their house will be more desirable down the road. Whether or not you are planning on selling your home soon, adding a few upgrades can increase the curb appeal and market value of your home. Try out some value-boosting upgrades that really do work!
Add a Fresh Coat of Paint
If you are looking for a quick fix on a small budget, fresh paint can markedly improve the appearance of your home. A new coat of paint can cover up dirt and grime for a fresh look and make your house look newer. Pick light, neutral colors over bold ones to appeal to a wider market. Giving wood trim and doors a touch-up with stain can have the same effect. Consider painting the outside of the home as well, if you have paintable siding, as your home’s exterior makes the first impression on potential buyers.
Install Energy-Efficient Fixtures and Appliances
Energy-efficient components range in price, but they are all worth the investment. They can help you save money on energy bills now, and increase the amount you could get when selling your home. Start small with energy-efficient CFL or LED lightbulbs and low-flow faucets and shower heads. If you are willing to spend a bit more, look for Energy Star appliances like dishwashers, ovens, and refrigerators. Not only will all of these upgrades help with energy efficiency, they can also make your home look more modern.
Kitchen remodels can cost a pretty penny, but they can improve the value and desirability of a home a great deal. HGTV estimates you can gain 60 to 120 percent of your investment back from a kitchen remodel. Make sure the style of the kitchen remodel goes along with the aesthetic of the home. For example, a rustic ranch home should not have a contemporary-style kitchen. This may disappoint or confuse potential buyers looking for continuity. Consider the practicality of the kitchen layout, as well. A hard-to-reach microwave or awkwardly placed sink could deter otherwise interested buyers.
Try some or all of these upgrades and see what effect they have on the interest your home gets on the market. Ask your real estate agent for further advice about popular remodel trends in your area.