If you are thinking about selling your home, you know that a few improvements can go a long way in securing not only a potential buyer, but a higher price as well. However, most of us don’t want to go through the arduous process of an entire home renovation if we do not intend to stay in that home. In this case, it becomes wise both financially and for your time to focus your home renovations on the areas that will give you the most bang for your buck. For maximizing the return on investment for your home renovations, you should focus first on the following areas:
- Landscaping– Curb appeal is huge when it comes to potential buyers since the first picture they will see of your home is often a picture of the exterior. While you don’t have to completely renovate your landscaping, things like a lawn without dead patches, cleaned and trimmed trees, fresh plants, flowers, and mulch go a long way in making your home appealing.
- Bathrooms– Home renovations don’t have to be a complete gut job to make you some money. In fact, minor renovations to big tickets items like your bathroom can often be more fiscally sound. Tasks like some new tile, an updated countertop, re-glazing a bathtub, and updating the plumbing and lighting fixtures are great improvements buyers will pay for.
- Kitchen– While opening up walls and taking your kitchen down to the studs is popular on television shows, minor improvements have a better ROI than major ones. If your cabinets are in good shape, try having them professionally painted instead of replaced. Things like an updated backsplash and upgrading appliances are also wise.
If you have questions about which home renovations would be the best for your home, call us here at Chad Goodin Signature Homes for more information.