Home Remodels that Pay Off

Posted on Tuesday, February 16th, 2016 at 4:56pm.

Home Remodels that Pay Off

If you’re planning to sell, it’s important to get your home in the best shape possible. Taking on small and major projects around your home can help increase its value and attract more buyers. The National Association of Realtors recently reviewed a group of remodeling projects based on their positive impact on home buyers. Here are the top five interior and exterior remodels that have the most appeal to buyers:

Interior

1) Add a Bathroom- Installing a bathroom to your existing floor plan can potentially add value to your home by increasing square footage. Buyers may also see that your home can accommodate guests or a large family. If you plan to add a bathroom to your space, make sure it is functional and matches the look of your home.

2) Complete Kitchen Renovation- Many sellers choose to undergo a full remodel to make the kitchen more functional, or revitalize an outdated space. When contemplating a full kitchen remodel, be sure to consult a professional to help you design the layout to work with your existing floor plan.

3) New Wood Flooring- Wood floors have become a popular choice in today’s homes. Wood adds an upscale feel and character to a space. There are several options for new wood flooring that can fit into any budget, from laminate to the real deal.

4) Kitchen Upgrade- In many cases, your kitchen may not need a complete remodel to appeal to buyers. Replacing cabinets, updating fixtures, and installing new appliances can go a long way to improving the look and value of your kitchen.

5) Bathroom Renovation- Renewing the look of your bathroom with a few upgrades can also help increase your home’s resale value. A simple fix like switching out old fixtures or a big one like replacing your tub will completely change the look of your existing bathroom.

Exterior

1) New Roof- A brand new roof was the number one renovation buyers preferred over any other on this list. Replacing your roof with durable, quality materials can ensure lasting results, and may bring the best return on your investment when your home sells.

2) New Garage Door- A functional garage door is also a desirable feature for many buyers. If your garage door has seen better days, it may be time to consider a replacement. Be sure to choose a model that matches your home’s exterior and boosts curb appeal.

3 & 4) New Windows- Both vinyl and wood windows were identified as improvements that appeal to buyers, so we have grouped these together in one category. Replacing windows can help homeowners save on energy costs. If replacing windows isn’t in your budget, take some time to seal up cracks or install screens to improve energy-efficiency.

5) New Siding- If the siding of your home is in need of serious repair, installing new siding may be your best option. New siding can add a fresh look to your home and enhance its curb appeal. You can also try power washing your home’s exterior to get it ready to sell.

We hope this list inspires you to get your home ready to sell. As always, our best advice is to consult with your Realtor before making any big changes to your home. What may bring value to another home may not always be the best choice for yours. Your Realtor will also be able to recommend contractors and other preferred vendors to manage your improvement projects. If you have any questions about selling a home in Austin, please don’t hesitate to contact us!

Leave a Comment