Home Improvements that Increase Value
Selling an outdated home can be tough! Here are a few home improvements that increase value and will have buyers falling in love with your listing.
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Home Improvements that increase value: Landscaping
Starting from the outside, landscaping can be one of the most profitable improvements to add value to your home. The average return on this investment is 100%! Meaning homeowners will more than likely sell their homes and see a return on their investment in their landscaping. Taking on this project will allow homeowners to boost their curb appeal and draw in buyers’ attention, all while increasing the value of their home! The average cost of landscaping improvements varies by region from $1,300 – $1,500.
Modern Lighting Fixtures
Taking the time to update light fixtures is a detail that will definitely elevate the visual aesthetic of your home along with the value. Light fixtures range from hundreds to thousands of dollars. If your budget is tight, we recommend taking the time to explore your options. Many local retailers near you sell unique and affordable light fixtures to improve your home design. This investment will definitely transform your home, resulting in your home value to increase.
When considering remodeling before selling, it is important to keep in mind you are trying to sell your home to a broad audience. Maybe you enjoyed neon walls, but chances are most buyers do not have the same taste. Painting your home with neutral colors is the most affordable home improvement that also promises a 100% return. This is the most efficient form of home improvements that increase the value. If you are hiring a painter, you can expect to pay anywhere from $1,000-$3,000 depending on the square footage of your home. However, if you aren’t afraid of rolling up your sleeves and getting to work, buying a few cans of neural paint could make the cost of this project less than $100.
Updating the floorings in your home is another sure way of home improvements that increase value. When buyers see a home with old carpet, the first thought that comes to mind is having to update the space themselves. By taking the initiative and replacing carpet with hardwood floors or tile, you will surely be making a sound investment.
Minor Bathroom Renovation
Finally, undergoing a minor bathroom renovation is a project with an average return rate of 102%. This is another great home improvement that increases value. If your tub, tile, toilet, sink, and vanity are all showing their age, it is time to give them a facelift. Homeowners can rest assured the money they put into updating their bathrooms will guarantee an increase in their home value. Even if you cannot afford to tackle all of these projects in every bathroom, updating sink faucets and shower-heads will leave an impression on potential buyers and slightly elevate the price of your home.
Mark Spain Real Estate is proud to be the most trusted name in the industry. We serve all of Metro Atlanta, including Athens in Georgia, Raleigh and Charlotte in North Carolina, and Nashville in Tennessee. If you are interested in selling your home, contact us today!