When it comes time to put your home on the market, it’s essential to ensure it looks its best. Potential buyers will look at every detail and most likely demand price reduction for every issue they could find. Thus, ensuring you have implemented the best improvements for increased home valuation proves the most effective way to get the best out of the home selling venture.
You can focus on the following improvements to reach your goal.
1. Updating Your Kitchen
Updating your home’s kitchen is one of the best improvements for increased home valuation that you should not miss. This is because many home buyers are more than willing to spend extra money to buy a house with an updated kitchen.
Although updating the kitchen is among the best improvements for increased home valuation, you still need to go for the updates that cost less yet provide the desired outcomes. Consider simple modifications such as installing granite countertops, new cabinets, and a tile backsplash. These techniques are proven to increase the value of your home
2. Adding a Bathroom
Adding a bathroom is not only among the best improvements for increased home valuation but also an effective upgrade that could help sell your home fast. One of the major reasons for this is that many home buyers consider bathrooms an essential feature of a house where the household members can relax and feel at home. Due to this, many of these buyers won’t mind the price increase that adding an extra bathroom might cause before selling the house.
3. Upgrading Your Flooring
One of the best improvements for increased home valuation that you can make is to upgrade your floors. New floors will not only make your home more attractive to potential buyers, but they can also add significant value. Hardwood floors are always in high demand, and they can help increase your home’s sale price by as much as 10%.
If you’re looking for an even bigger return on investment, consider installing new tile or stone floors. These luxurious materials can add 15% or more to your home’s value. No matter what type of flooring you choose, upgrading your floors is one of the best ways to increase the value of your home.
4. Installing New Windows and Doors
Another example of the best improvements for increased home valuation is installing new windows and doors to your house. Not only does this update the look of the house, but it can also help to improve energy efficiency.
According to the National Association of Realtors, upgrading to energy-efficient windows has an average ROI of nearly 80 percent. And if you live in an area with harsh weather conditions, the investment can be even higher. New windows and doors can also help to reduce outside noise, making your home more peaceful and inviting. Whether you’re planning to sell your house soon or want to increase its value, installing new windows and doors is an intelligent choice.
5. Putting in a New Roof
Not all homeowners know that putting in a new roof is among the best improvements for increased home valuation. A roof replacement is not only a major selling point for potential buyers but also increases the home’s overall value.
Many studies have shown that a new roof can add up to 10 percent to the value of a home. So, if you’re looking for a relatively easy and cost-effective way to increase your home’s value, put a new roof at the top of your list.
