Your home’s resale value is an important asset to consider when making home improvements. There are quite a few ways to increase its value, but there are some essential changes to consider.
By focusing on first impressions, updates, and certain non-cosmetic improvements you can ensure that you’re preparing your home well for resale.
Update Your Landscaping
Your home’s curb appeal is one of the most important factors when selling your home. First impressions matter! Some landscaping priorities include fertilizing grass, planting new flowers, and trimming bushes. Sometimes smaller updates like these can make an impact, especially if you have an established landscaped home to start.
If your home’s landscaping needs more work, a landscape architect can provide the ideas and execution you need to improve your home’s curb appeal.
Complete a Minor Kitchen Remodel
You don’t need to completely renovate your kitchen to increase your home’s value. But what is a “minor” remodel? By focusing on a facelift rather than changing up the floorplan, you can maximize your investment. This includes painting cabinets, new appliances, new sink and fixtures, drawer pulls, countertops, and long-lasting flooring.
Finish off this minor kitchen remodel with a fresh coat of paint, and you could recoup an average of 98.5% of your investment.
Install New Vinyl Windows
New windows may not be immediately noticeable, but high-quality windows are a worthy investment that will help your home’s resale value. New windows offer better energy efficiency and can offer up to an 85% ROI. For example, if you spend $10,000 to replace your home’s windows, your new asking price could be as much as $8,500 more.
Vinyl windows can last 20-30 years, depending on weather conditions. If your current windows are beginning to show wear and are not sealing well, this is an improvement to consider.
Replace the Roof
Replacing your home’s roof is another improvement that may not immediately show, but homebuyers will feel more secure in their decision if they know this big investment was completed recently. A new roof can increase your home’s value by around $12,000, or about 63% of the installation cost.
A new roof not only improves energy efficiency, but it also minimizes the risk of mold and mildew and should be a priority if you’re getting your home ready to sell.
Choose New Indoor and Exterior Paint
A new coat of paint either indoors or outdoors is one of the best ways to increase your home’s resale value. It’s a relatively quick process compared to a kitchen remodel, but the effect can be just as significant.
If your kitchen needs some love but you don’t want to invest in new countertops or cabinets, painting the walls and cabinetry can be a great choice. Because you’re looking to increase your home’s resale value, sticking to neutral colors will appeal to a greater range of potential home buyers.
Your home’s exterior takes a beating over time, especially with weather changes. If the paint is beginning to peel and look weathered, new paint will reinvigorate your home’s exterior.
This home’s color palette makes a beautiful statement but is still accessible and inviting to potential buyers.
From interior renovations to exterior updates, increasing your home’s value doesn’t have to be complicated. A few calculated changes can be just what your home needs to get the right price. When looking at your home’s resale value, focusing on both cosmetic and functional improvements can make a significant difference.
If you’re looking for a home painter in Marin County that focuses on quality and environmentally-friendly products, call us today at (888) 977-2468.
