
By Katie Wainman | February 10, 2020
When selling a home, it is very common to wonder about which renovations, if any, you need to make in order for your home to stand out from the rest. Ideally, to have a Return on Investment (ROI), it is best to stick to small. changes that will not cost you a fortune, but will still increase the value of your home. Before making any serious changes, it is always best to talk to your Realtor® and/or contractor to discuss what is worth doing.
Check out these renovations you can make to your home that could have a decent ROI.
An important thing to keep in mind when selling your home is that not everyone is going to like your style - this could include your current color scheme. Repainting the walls in your house can provide a fresh, clean look that is attractive to buyers. It is recommended to paint the walls neutral colors such as white or light grays. These provide a clean pallet for a potential buyer to work with, and are easy colors to cover up in the future.
The front door of your home is the first thing that people see when they enter a home, and the last thing they see when they leave. A fresh coat of paint or a new door entirely can really vamp up the home.
I use the word 'remodel' very lightly here. It will most likely not be worth it to do a complete remodel on these rooms. Instead, remember that little changes can go a long way. Upgrading faucets, changing cabinet handles, re-caulking the bathtub, installing a new shower head, or replacing the vanity are all changes that can freshen the look of a room, Upgrading appliances or counter-tops can also be beneficial, but it is best to discuss this with your Realtor® first to see if it would be worth it. You might not see a ROI with luxurious upgrades.
If your home is already blessed with hardwood floors, it is a great idea to steam and polish them to make them look new. Installing hardwood floors is costly, but if you can afford it, you will most likely have a better ROI. However, also consider alternatives to this cost, such as installing new carpets instead.
Remember when I mentioned the front door is important? Well so it the rest of the outside of your home. Trim the bushed and trees, fertilize the lawn, pressure wash or replace your siding, etc. Cleaning up outside will increase your home's curb appeal, but remember to keep it small .Do not try to install a swimming pool thinking that you will have a better ROI, because you most likely will not.
Need more advice during the buying/selling process? Visit https://www.realestateinbowlinggreen.com/blog/category/company-news for more real estate tips and tricks!