For many homeowners, home improvement projects are planned and completed to make their home a more enjoyable living environment. While making changes to your home can be done for a number of reasons, there are some home improvement projects that can add to your home's value when it comes time to sell.
For many homeowners, home improvement projects are planned and completed to make their home a more enjoyable living environment. While making changes to your home can be done for a number of reasons, there are some home improvement projects that can add to your home's value when it comes time to sell. Kiplinger magazine offers advice on what projects to complete for a higher asking price for homes in Florida.
In The Kitchen
According to the magazine, buyers will likely look for upgrades in your home's kitchen. One inexpensive fix that will be recognized is replacing dated sinks and faucets. You may benefit most from installing energy-efficient models that can also help save on monthly utility bills. Updating your home's backsplash can also change the look of your kitchen. An inexpensive fix could be to add a fresh coat of paint, while there are a number of options for installing tile. The source notes that traditional tile installation may be more appealing to potential buyers versus peel-and-stick options.
In The Bathroom
Another popular room for renovations is the bathroom. When looking to update your bathrooms, keep in mind that this area shows one of the highest returns on investment so putting extra money in can pay off. Potential buyers may also be attracted to water-saving features including low-flow shower heads and faucets, while a vanity counter and upgraded countertops will also likely be noticed.
Throughout The House
No matter what room you are considering painting, the source says to go neutral when trying to attract buyers. While bold colors may seem like a statement, studies show lighter colors help make a room appear larger and may attract more offers. Painting a room can be an easy do-it-yourself project, while less experienced homeowners may opt for professional services. Crown molding is often considered an upgrade when building a home, but is a project that can actually be completed for a fairly low expense. The return rate can vary depending on your home's location, but Kiplinger says it will certainly be appreciated by buyers. Utilizing your home's square footage to stay organized can also be appealing to potential buyers. The addition of storage areas in the garage and closets throughout your home can help eliminate clutter and allows buyers to assess the space provided to store their own belongings.
While the saying goes don't judge a book by it's cover, your home's curb appeal will make a first impression on potential buyers. To spruce up the outside of your home, the source suggests replacing the front door. A fresh coat of paint does the job in boosting your home's value, while replacing small features including house numbers and the mailbox can also give your home a new look. One benefit of selling a home in Florida is having nice weather that supplements nice landscaping. Whether it's installing a sprinkler system to keep your lawn green or planting seasonal flowers, Kiplinger says a good-looking yard will help attract buyers.