Renovating the house for increasing resale value – what a fun way to make a profit! From marble countertops to skylight windows, there are tons of ways you can upgrade your home. However, some renovations work better than others.
To make the most profit out of your remodel, check out these trendy and profitable projects that can really boost up your home’s value:
Always a popular renovation, bathroom remodelling is a great way to amaze future buyers. Nobody wants to purchase a home with an outdated bathroom since to upgrade it is usually a time-consuming task.
The key to renovating is to choose projects which will be noticed by buyers and a luxurious bathroom will definitely leave an impression. Having an average ROI of 80%, this remodel really spices up things in the house. Getting ideas is a bit tricky, but here are some that can awaken your creative side:
• Walk-in showers
• Freestanding bathtubs
• Golden/Brass fixtures
• Skylight windows
• Concrete/Wood countertops
New Windows and Doors
When we already mentioned skylights, it’s time to start talking about how replacement windows add resale value. Changing your windows and doors throughout the entire house isn’t that expensive compared to other projects. Plus, buyers love them!
Energy-efficient framing, impact-resistant glass… you name it! The type of windows and doors you have determine two important things: energy efficiency and curb appeal! And modern buyers are looking for both. Currently, the most popular window types are:
• Bay and bow
Outdoor Living Areas
Having a house without a proper outdoor living area is almost pointless. Why would anybody want to buy a house without a deck, porch, and a rich garden. These are the elements that make it much more interesting than an apartment.
Using the backyard to increase appeal and value is one of the smartest ways you can go. If your budget allows it, do a couple of renovations. If not, choose one and make it look stunning. Besides decks, here are some other ideas:
• Outdoor kitchens
The difference between a bathroom and a kitchen upgrade is that the latter is more expensive. But, in both cases, you will definitely increase your home’s value. Watch TV shows like House Hunters and notice what the buyers are usually asking.
On these shows, you will notice questions like: “Wow! Are these marble countertops?” “How old is the kitchen?” and they just state the obvious: Everybody wants a good-looking kitchen! There isn’t a better way to leave an impression and make some of your friends jealous:
• Hardwood flooring
• Natural stone countertops
• Wallpaper and reflective tiles
• Energy-efficient appliances
Decorate the Entire House!
Apart from investing in bigger projects, you must call an expert to redecorate the house. For a relatively cheap price, you will make your house look like a mansion. With simple stuff like repainting, adding wall art, and restaging the furniture you will boost appeal in no time.
But first, you must contact the right contractors. Projects like window replacement, hardwood installation, bathroom remodel, and front entrance upgrade is the key to maximizing resale value. No matter how pretty the house looks, nobody will buy it if it has loose windows and crooked doors.