Imagine for a moment…being able to remodel your home to be all that you have dreamed of.
Which area of your house would you like to tackle first?
Would you have an eye towards the future and decide on a specific area that increases your home’s value the most?
If increasing your home’s value is the deciding factor, there are some areas of your home that provide the best return on your investment.
Touch Up Your Bathrooms
Updating your bathroom is always a great place to start. Even if you can’t afford a full remodel, small changes such as replacing dated wallpaper with a fresh coat of paint and replacing old lighting will update the room without hitting you hard in your wallet.
Replacing an outdated vanity, old plumbing or adding a new tile floor are cost-effective and will guarantee a lot of bang for your buck and give your bath an updated, modern look.
In fact, modest bath updates can be your best bet for a big return, netting, on average, an 52-57 percent return according to the Remodeling 2016 Cost vs. Value Report (www.costvsvalue.com).
The Power of Landscaping
Your yard and landscaping can make a huge difference in the curb appeal of your home.
Overgrown or patchy lawns and outsized bushes will cause your home to stand out, but not in the way you want.
Using native plants or ones that are drought-tolerant require less water and maintenance, which means more savings to you.
Upgrade Your Kitchen
Without a doubt, a kitchen remodel will provide you one of the biggest returns on investment. Most experts agree that if you plan on updating only one room in your home, you should focus on your kitchen.
Kitchen remodels return an average of 58 to almost 61 percent of every dollar spent in San Antonio, according to the Cost vs. Value Report. You can expect an even better results if you are remodeling a really outdated kitchen.
You can start by getting rid of the old-school appliances for sleek new energy-efficient ones. Energy Star labeled appliances have been certified by the government to use 10-50 percent less energy and water than conventional appliances.
Add Some Fresh Paint
One of the simplest, most cost-effective improvements of all is a fresh coat of paint! Freshly painted rooms look clean and updated while increasing the marketability and value of your home.
When selecting paint colors, you want to keep in mind that neutrals appeal to the greatest number of people, therefore making your home desirable to more potential buyers.
Fresh exterior paint will not only preserve and protect your home’s exterior siding but will make your home stand out from your competition.
Finally, what’s on your ceiling? Nothing will date your house more than a popcorn ceiling. Removing the popcorn ceiling from your home will add value and make your home appear updated.
You can save money now with an energy-efficient home while making it more valuable and marketable in the long run.
Adding new energy-efficient fixtures can improve the function of your home. A functional ceiling fan provides necessary light and reduces the need and costs of air conditioning.
Upgrading your standard water heater for a tankless model will not only save you money now, but they’re an eco-friendly and cost-effective update that appeal to today’s homebuyers.
Hopefully some of these tips provided you some insight into increasing your home’s value while enjoying the benefits now. If you have any questions or would like any additional information, please let me know.