Looking to command a higher price for your house before you put it on the market? Check out our top three recommendations for the best improvements for home valuation.
1. Minor Bathroom Remodel
Second to a kitchen remodel, a bathroom renovation is the greatest home remodeling project in terms of return on investment. A beautifully remodeled bathroom increases the value of the home significantly.
Often times, we start and end our day in our bathroom. This is an area of our house where we take off the worries of the day and attempt to unwind. Our bathroom is also a place of privacy and being still. It should allow us to recharge, if only for a moment.
Homes with recently upgraded bathrooms not only sell at a higher price, but the average days on market is significantly lower.
Minor bathroom remodels can include new faucets, fixtures, or handles/knobs. New floors and a new mirror can also keep you within the minor remodel range. Consider giving cabinets a fresh coat of paint or updating their facing as an option.
You shouldn't be surprised that landscaping made the list for best improvement in home valuation.
Curb appeal is important to 98 percent of buyers when choosing their home. When you are placing your home on the market, it should look as appealing as possible. A front yard that is neatly landscaped and welcoming will attract more people who'll want to see the inside.
3. The third best improvement for home valuation is a minor kitchen remodel. The kitchen and the bathrooms are the key selling points of a house. A new kitchen with beautiful cabinets, counters and even appliances can add thousands to the value of your home. Once the kitchen has been renovated, it becomes more attractive to buyers.
A minor kitchen remodel will include:
-Repainting the walls
-Resurfacing the cabinets
-Installing new flooring
-Replacing the counter tops
-Upgrading Light Fixtures