Home Renovations That Boost Resale Value

Posted on Friday, September 15th, 2017 at 2:57pm.

Home Renovations That Boost Resale Value

There's no doubt that buying a house is an investment. While some people buy a home with plans to live there forever, many end up reselling their homes later. Did you know there are improvements you can make to increase the worth of your home in the event that you do decide to sell? Check out our ideas below.

Create more living space. A common consensus, according to Consumer Reports, is that buyers are looking for more space in their home. This doesn't necessarily have to mean an addition - knocking down a non-structural wall can make your home feel more open and attract more buyers, ultimately increasing the value of your home. 

Make your home more "green." Green living has been rising in popularity in recent years, and it's obvious why; the more energy efficient your home is, the more you're saving money each month on utility bills. With new technologies in heating and cooling, it's easier than ever to incorporate more eco-friendly appliances in your home.

Make smart remodeling decisions. Some areas of Austin, such as East Austin, have seen a huge increase in remodeling recently. A small investment in the most important rooms in your home can have a big impact. Buyers are looking for a modern, cohesive look, and this can be achieved easily in the kitchen via simple upgrades like stainless steel appliances and luxurious-looking counter tops in granite or quartz. The bathroom is another place where inexpensive, easy upgrades (like replacing faucets and cabinet pulls) can go a long way in making your home more desirable.

Give it a fresh coat of paint. Don't underestimate the power of a new paint job! You want your home to look fresh and current when it comes to sell, and new paint is an easy way to do that - and something you can do 100% by yourself. Stick to neutral and white colors to appeal to all generations of buyers, and get a good quality interior paint to ensure no cracks or fading.

Ready to buy or sell a home in the Austin area?  Contact us today for information and expert advice about Austin real estate.

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