WHICH ITEMS WILL ADD VALUE TO YOUR HOME AND HELP WITH RESALE?
The answer is: “Only the ones that future buyers will also want and be willing to pay for.”
As a general rule, choosing the functional over the merely cosmetic and choosing neutral over unusual or exotic will pay at resale. Taste and current trends can also affect the value of an update. Unusual colors have a limited appeal.
- UPDATE YOUR KITCHEN AND/OR BATHROOMS. Whether you need a minor or major remodel, updating the kitchen or bathrooms in your home will yield a high return on investment.
- INCREASE USABLE SPACE. Add an extra bathroom, upgrade or expand your kitchen and/or master bedroom suite, add more closet space, or convert unused space to a more functional space, like a spare bedroom to a home office or basement, into the ultimate hangout space.
- LIGHTEN AND BRIGHTEN YOUR ROOMS. Paint rooms white or with a light color paint to neutralize your space. When possible, add skylights, windows, or French doors.
- REVAMP THE EXTERIOR Updated landscaping will draw in buyers before they even walk through the door. Keep your shrubs, trees, and grass trimmed and tidy. Add a splash of color with vibrant plants, or paint the front door an eye-catching color.