Updating your home can not only make it look fresh and stylish. The right updates can also add value to your home and make it more appealing to potential buyers. Whether you're thinking of selling soon or a few years down the road, it's important to choose your updates wisely. Here are a few top updates our real estate agents recommend for the greatest return on investment.
- Front Door Replacement
Your front door, or main entry door, makes a first impression. If it is out of style or beginning to deteriorate, replacing it is a very good choice. Steel doors with dual-pane glass are the go-to option. They're secure, energy-efficient, and attractive. For extra safety and security, you can choose security glass.
When choosing a color for your front door, don't be afraid to go bold. You can carry out the same accent color in your home's trim, or even work it into your landscaping. A cobalt blue, forest green, or brick red door can really modernize a home and add appeal.
- Partial Kitchen Remodel
Fully remodeling a kitchen is a big and expensive project. If your kitchen needs a full remodel, then it's probably worth it. But a lot of homeowners get the greatest return on investment with a partial remodel.
What components should you replace? Updating the hardware is an affordable choice and can really transform the look of older cabinets. You may also want to replace old appliances, have your cabinets refaced, add some under-cabinet lighting, or replace large light fixtures with more subdued ones.
- Siding Replacement
These days, most people do not want to have to paint wood siding every few years. So, replacing your wood siding with either vinyl or fiber cement siding will make your home more appealing to home buyers seeking a low-maintenance abode. And until you sell, you'll get to enjoy the lack of required maintenance, too.
Vinyl siding is often the less expensive choice, but fiber cement looks more like wood and is a bit more rugged. Since you don't typically paint either type, make sure you pick a neutral color that will still look stylish in a decade or two.
- Bathroom Remodel
Bathroom remodels can also be quite expensive. However, an updated bathroom will gain a lot of interest from buyers. When you plan your remodel, try to include at least one luxury or high-end feature. A soaking tub, a rain shower head, or heated floors are all nice choices.
If you don't quite have the budget for a full bathroom remodel, consider replacing the vanity, sink, toilet, and cabinet hardware. Add a new coat of paint, and the space will look fresh and clean – which is what many buyers want most of all.
- Window Replacement
If your home still has older wooden windows, as many homes do, then replacing your windows is a great way to increase value. Home buyers love new vinyl windows because they are easy to open and close, energy-efficient, and easy to clean.
When choosing new windows for your home, consider a model that comes with Low-E glass. Low-E glass reflects heat and will help reduce your energy bills year-round. Even if you don't opt for Low-E glass, make sure you choose dual-pane windows. The layer of air between the glass panes works as an insulator.
You don't have to fully remodel your home to increase its value. Even if you only tackle one or two of the tasks on this list, you'll come out ahead. Contact us for more helpful tips.