Every homeowner wants to make money when they sell their house. But what’s the best way to accomplish that? It’s not always easy to tell which projects are worth your while. A rule to remember is that small changes often provide a better return on investment (ROI).
Here are five straightforward updates you can do to increase home value.
1. Minor Bathroom Changes
Could your bathroom use a little work? You don’t have to install a new toilet, shower and vanity to add value to your house. A few simple changes will make a big difference. These renovations are ones 26% of homeowners make before they sell.
Try a weekend project like re-caulking the tub. If you have more time, you can install new tiles and add fresh paint. These are inexpensive updates that make your bathroom look more modern and clean — and best of all, they take little effort.
2. Adding Backyard Fencing and Gates
A spacious backyard is a feature most people want. They can enjoy that outdoor room with their family and pets. But what about fences? A barrier between you and your neighbors ensures privacy and safety. Adding that extra touch can be a great way to attract specific buyers.
The cost to install fencing varies. You’ll pay more for materials like wrought iron. In general, it’s best to pick fencing that’s durable and attractive. Wood fencing is a great way to lower the cost of your fences while also ensuring that your yard is beautiful and secure. You want an option that can hold up against weather and time — but also something that complements your home’s appearance.
Like fences, installing driveway gates is another great way to create extra security for your home while also increasing the value of your home. Gates will ensure that your home stands out from others if you go to sell.
3. Front and Garage Door Updates
Anything that improves your house’s facade will generate a quality ROI. The concept of curb appeal is something that attracts most homebuyers. If they’re looking for a flipper, you won’t be marketing your house to them anyway.
Updated front and garage doors bring in 75% and 97% ROIs, respectively. It’s worth considering getting new doors if yours are damaged or dated. The results will be beautiful — and you can ensure your home and garage are safe from weather damage.
4. Creating a Home Office
It’s more common than ever to work remotely. More kids are taking online classes, too. If you’re wondering how to use some extra space, you should consider a home office. Plus, you can use this area in the meantime before you sell your home.
A quiet area with outlets and hookups makes for a great office. Try adding a built-in bookcase and other extras to ensure the space is fit for work and school. Keep in mind that this room should still be versatile. If your buyers don’t need an office, they should be able to change that without too much work.
5. Increasing Natural Lighting
There’s nothing better for a space than natural lighting. The last thing potential buyers want to live in is a dark, cramped home. By replacing old windows and opening closed rooms, you can create a brighter space that sells for more.
You can see up to a 73% ROI when you invest in new windows. The cost to install replacements depends on which material you choose and how many windows you replace. If you don’t need to buy new windows, you might want to knock down a wall or two to make your home more open. This trick allows the light from your current windows to be more effective.
Try These Projects to Get the Biggest Bang for Your Buck
If you’re selling your home, you want to ensure you’re getting most of your money back. A few simple projects can make your house that much more appealing to buyers. Try these ideas to add value to your home before you sell.
“We appreciate the collaboration on this article. Thank you Rose”
—--Arian Harwell - Owner - Harwell Fencing
Article by
Rose Morrison
Managing Editor - renovated.com