5 Upgrades to Increase the Value of Your Existing Home

Mallory Bathroom remodel, Kitchen remodel, Tile and flooring, Tips, Uncategorized, Unsellable Houses

In today’s sellers market, it’s easy to find a buyer for your home. But if you decide to sell as-is, you could be leaving money on the table. Below are five upgrades you should consider before selling in order to increase the value of your home and get the best valuation possible.

Touch Up High-Use Areas

One of the quickest and easiest ways to increase the value of your home is by freshening up areas that show wear and tear. High-use areas like kitchens and bathrooms tend to show the most wear, so consider refreshing those areas first to get the most bang for your buck.

To do so, either touch up your current paint where it is worn or, if necessary, repaint to a color that will appeal to a broad range of people. It’s a great idea to do both interior and exterior paint in order to help the house’s overall appearance and boost its curb appeal. In addition to paint, consider replacing high-wear items like front door knobs, kitchen faucets, and the like.

Install New Flooring

Speaking of high-use areas, one element of every home that gets worn quickly is the floors. Despite the initial expense, replacing or refurbishing the current floors can easily pay for itself when selling your home. As buyers tour different houses, new floors stand out. In conjunction with the fresh paint we mentioned above, these two changes alone can make your home feel new, clean, and inviting. If you want to get the highest possible offer for your home, consider upgrading the flooring.

Renovate the Kitchen & Bathrooms

Kitchens and bathrooms tend to show their age more than other areas of the house. Outdated appliances and bygone design fads in these rooms can make your whole house feel old and undesirable, lowering its value. If a large-scale kitchen and bathroom remodel is out of your budget, even some minor DIY updates—such as repainting cabinets, adding new cabinet pulls, and installing new countertops—can help increase the value of your home. By updating the look of these rooms, you will find more interested buyers.

Open Up the Floor Plan

Open floor plans are certainly in style, and having a home that has large, shared spaces will command a higher price compared to one with more siloed rooms. Specifically, modern home buyers are looking for an open floor plan that connects three of the major rooms in the house. If you’re already planning on remodeling, then changing up the floor plan to connect the kitchen, living room, and dining room areas into an open concept can be another great way to add value.

Finish the Basement

Finally, if your home has an unfinished basement, consider finishing it. Finished basements add another level to your home, creating a unique space that is separate from the rest of the house. As a result of their more relaxed and genuine atmosphere, they are quite popular on buyers’ wish lists. Finishing your basement is a great way to add liveable square footage to your home and will positively affect its resale value.
That’s it! Those are five ways you can immediately increase the value of your home. Looking for help in putting these steps into action? Contact us today for a quote on your home remodeling project.