Research shows that you are less likely to recoup a significant investment in your kitchen or bathroom as compared to minor remodels around your house. Here's a list of 15 remodeling projects that pay off.
Minor bathroom remodeling: Flooring, paint, and lighting choices can make a world of difference in your bathroom. A small change like painting the walls or changing the flooring will give you an updated look and add value to your home when selling it.
Landscaping: Landscaping is an essential part of any home. It can improve curb appeal, provide shade and insulate your house, but it also adds value to the property you're selling.
Minor kitchen remodeling: Homeowners often overlook smaller updates in their kitchens because they are concerned about diminishing returns if they spend too much money on their kitchens. But modern lighting, appliances, and other minor updates can make a big difference in your kitchen.
Minor exterior remodeling and improvements: Painting the exterior of your home or replacing old windows and doors can give you a quick return on investment because it doesn't cost much money.
Converting attics to bedrooms: Converting your loft into a bedroom is one of the best ways to boost value, especially for older homes.
Adding an extra room: A new family member or growing family means you might need more space in your home. Adding another room seems like it would be pricey, but it will increase the overall square footage and resale value.
Major bathroom remodeling: The bathroom is a significant room in the house, and it's one of those rooms that you use every day. It makes sense to spend a little more money on updating your bathrooms because it will help sell your home and improve your life.
Major kitchen remodeling: Remodeling your kitchen is one of the best ways to increase value. The kitchen might be the most crucial room for homeowners, so it's easy to justify spending more money on a significant renovation.
Deck, Patio, or porch addition: An addition to your Deck, Patio, or porch is another great way to boost the value of your home. If you already have a backyard oasis, then adding on more space will only make it better!
Basement Remodel: A basement is the least expensive room in your house to remodel, so it makes sense to take advantage of this. Remodeling a dark, damp basement with fresh paint and new flooring can add up quickly when selling your home.
Replacement Windows: If you have old, inefficient windows, it might be time to replace them. Replacement windows are an expensive but necessary upgrade that will improve your home's energy efficiency and add value when selling the property.
Adding a new family room: A new family room is a great way to add value because it expands the living space in your home. It's also an easy project for homeowners who want to stay within their budget but still get the maximum return on investment.
Adding bonus rooms like home offices: Adding a home office is another excellent way to add value while improving your lifestyle. A new family room can be expensive, but plenty of homeowners will pay more for homes with an extra space that they can use as a study or place for their hobby.
Living room updates: A living room is a homeowner's favorite place to spend time at home. It improves their lifestyle, and it makes sense that if they want the best experience possible, they'll have to upgrade their furniture or fireplace mantel too!
Updating your bedroom space: Updating the furniture and décor in your bedroom can be expensive, but it's worth doing if you want to sell your property quickly. People love nice bedrooms that they would like to relax or re-energize in after a long day at work.
Updating walls and floors all around the house: There are many different styles of flooring and wallpaper that you can choose from to update your home. It's a simple upgrade, but it makes a big difference when selling the property because potential buyers love new carpets or paint!
Homeowners should consider all options before deciding which projects to take on to get the best value for their money. These projects will not only add value to your home, but you'll also get a chance to live in the house and love it more. It's important to remember that the best way to increase your home's value is by adding up all of the little things. Whether it's updating fixtures, painting walls, or finding creative ways to use storage space in bedrooms and bathrooms - small changes can make a big difference when selling your property!
