Today, homes are not only places to relax and recharge after a busy day but also our places of work, since most people are now working virtually. That makes home remodeling projects essential for making your home comfortable and enjoyable for you and your family to live in. They also offer home sellers a chance to increase their home’s value and maximize their profits once they put it on the market.
However, not all remodeling projects can add value to your home. Some projects offer a high return on investment, allowing you to recoup your costs after selling your home, while others provide little to no returns. And since home buyers now want a home with outdoor entertainment spaces, having a professional deck installer add a wooden deck can be a smart way to boost your home’s resale value. Besides adding a deck, here are other top renovations that can instantly increase your home’s value:
1. Boosting Curb Appeal
First impressions matter for many home buyers. A great way to give potential buyers a great first impression is by improving your home’s curb appeal. It also shows that you’ve maintained your house pretty well and care about how it looks. More importantly, it’s an easy and inexpensive way of increasing your home’s value.
Boosting your home’s curb appeal can include simple remodeling projects like replacing old sidings, tidying the landscaping, and spreading a fresh layer of bulk mulch. Applying a fresh coat of paint to the exterior is another excellent way to enhance curb appeal. Installing a new front door is another high ROI remodeling project that can improve your home’s appearance and increase its resale value.
2. Installing a Walk-In Pantry or Kitchen island
A kitchen remodel offers the highest return on investment when selling your home. That’s because it’s often the first place buyers check to determine if your house is worth its asking price. Nowadays, people want a kitchen that can meet the storage and food prep needs of different people and one that allows several people to cook at the same time.
A new kitchen island and a walk-in pantry are some of the sought-after kitchen upgrades among home buyers. A new kitchen island provides additional counter space for unloading groceries, preparing meals, and having dinner without bumping each other’s elbows. These projects offer a great return on your investment when you sell your home.
3. Adding a double-sink bathroom vanity
Like the kitchen, people want a bathroom that can allow more than one person to dress up at the same time during busy weekday mornings. That’s why today’s home buyers rank a double sink vanity as one of the best bathroom upgrades. Adding a double-sink vanity creates personal spaces where you and your partner or kids can dress comfortably simultaneously while in a hurry. This project can recoup a significant amount of your investment and maximize your profits after you sell your house.
Endnote
If you’re looking to increase your home’s resale value, ensure you prioritize remodeling projects with a high return on investment. This will upgrade your home, ensure you recoup your costs, and maximize your profits after selling your property. Research online to find out what upgrades offer the best return on investment in your area because some projects can add more or less value depending on where you reside.
