Many people think of updating their home before putting it on the market. While home buyers appreciate these cosmetic improvements, not all projects deliver the same return on investment by bumping up the sales price. If you want to wow buyers and get the best price possible, focus on these home improvements.
It’s true what they say about first impressions: they set expectations for what’s to follow. When your home is well landscaped, buyers are primed to love what’s inside. Landscaping pays for itself, so you’ll get back what you put into it. Skipping landscaping can negatively impact buyers’ perceptions of your home, costing you money.
A minor bathroom remodel, with new fixtures and tiles, will more than pay for itself by returning 102 percent of expenses. Replace the sink and toilet, vanity and mirror, tub and shower, and tile surround to modernize a dated bathroom and get higher offers for your home.
Exterior improvements continue the promise made by new landscaping and positively prime buyers to enjoy the home. Give the front door a new cost of paint, replace worn vinyl siding, and repaint the home. Spend under $100 on cosmetic updates, such as planters and a new doormat. You’ll recoup an average of 95 percent on these exterior home improvements.
Outdoor Living Addition
Buyers want more space, especially outside space. Adding an outdoor living space to homes that lack this feature can bump up buyer interest and the sales price. Consider putting on a new deck, patio, or porch. Deck additions return an average of 90 percent at the time of sale. Deck staging with planters and outdoor furniture helps buyers envision how they’ll use the space and can complete the project.
Updated Appliances in Kitchen
A full kitchen remodel isn’t a great use of funds, since buyers often redo kitchens to their tastes after move-in. Updating appliances, however, is worth it and won’t cost you that much. Choose energy efficiency appliances in stainless steel, which buyers expect. If you can afford to do more work in the kitchen, consider adding recessed lighting or repainting old kitchen cabinets.
Brandstetter’s KangaRoof offers siding repair and replacement in Cincinnati. Let us replace your worn-out siding or make needed repairs to get your home on the market in its best condition. Reach out today for a free estimate.