Blog originally published on January 29, 2019. Updated on January 10, 2023.
For many homeowners, before putting in the investment to remodel a home, they want to know that they can recoup the cost during resale. However, in an unpredictable housing market, that may not always happen. Before you jump into a full-blown remodel, it's a good idea to consider the cost of remodeling and the value it will bring to the home you're trying to sell.
The primary goal is to improve your home so that when the time to sell rolls around, you can make your money back — or even a little more than you invested.
At More for Less Remodeling, we have years of experience remodeling homes for sale. Here are the top three remodeling tips to help you add value to your home, create an inviting atmosphere, and ensure a successful home sale.
Lighten Up!
Add more space by knocking down walls and lightening up rooms where you can. The goal is to create a flowing atmosphere and let in as much natural light as possible. A more open floor plan feels larger and more welcoming. Replace old worn carpet with hardwood floors in a light finish.
Additionally, you may want to consider vaulted ceilings to create a feeling of more space or skylights to brighten up your home. It's also helpful to take advantage of the extra space that you have. Work with your real estate agents to properly stage the home and turn the guest bedroom you are using for storage into a cute home office or reading room!
Spruce Up the Outside
Any real estate professional will tell you: When it comes to a successful sale, curb appeal is incredibly important. Sometimes a beautiful garden makes all the difference to prospective buyers. In fact, an inviting exterior may increase the home's value as much as five percent.
Clean up your yard, fix chipped paint, and repave any cracks in the driveway or sidewalk. Consider plants and flowers that are easy to maintain if you don't possess a green thumb. Rent a pressure washer for the exterior and the front door. Beautiful furniture and colorful cushions add a nice pop to a porch. If you have unused space around the home's exterior, create a garden to add aesthetic appeal. Or, if the budget allows, build a deck with unique features like a fire pit or built-in benches.
Consider A Bathroom Renovation, Kitchen Remodel, or Basement Remodel
Bathroom and kitchen remodels can significantly boost home value. However, it's easy to go over budget on these rooms. In addition, recent supply chain issues could lead to higher material costs and a lower return on investment. Keep the cost of materials in mind when selecting new fixtures and appliances. A major remodel might not be necessary. Even a fresh coat of paint, swapping out drawer handles, and replacing door knobs makes a difference.
Additionally, you can convert your basement into a usable space like a game room or a den. When it comes to home renovations, the possibilities are endless!
Invite More Potential Buyers with More for Less Remodeling
The selling process can be stressful, and you'll need more than just a good real estate agent to sell a house. At More for Less Remodeling, our expertise can help you attract buyers in your local market and have your home looking gorgeous and move-in ready.
For help with any remodeling project your heart desires, call More for Less Remodeling. Contact us online for a free quote!