There are upgrades that pay off when it’s time to sell, and there are those that don’t. Research shows that these are the remodeling projects that will yield the biggest return on your investment.
Kitchens & Baths
Any realtor will confirm that updated kitchens and bathrooms will sell a home. A budget friendly kitchen remodel might include updated countertops, stainless steel appliances, new cabinet hardware and paint. Simple upgrades like this can modernize the feel of the space without breaking the bank. If you have the budget, consider replacing flooring, changing cabinet doors, adding a greenhouse window bump out over the sink, or replacing tired lighting. You can replace upper cabinets with open shelving to give the space a more airy, modern bistro feel for very little money. Add a chef’s pantry or wine bar in place of rarely used features like that outdated built in desk/ cookbook storage area. Imagination can stretch your budget a long way.
Older bathrooms can also benefit from remodeling, including modern upgrades. Today’s bathroom is sleek and bright. Removing a fiberglass tub surround and replacing it with a tiled shower, putting in a modern sink & toilet, and upgrading lighting and mirrors can be accomplished for less money than you may think. Adding an extra bathroom has twice the value at resale than adding almost any other room, so a bathroom addition may be worth considering. Make sure to choose neutral, universally appealing colors and designs for maximum longevity and resale value.
It’s no surprise that flooring is one of the first areas of a home to show age and wear. Replace older flooring with upgraded choices like hardwood, laminate, or ceramic tile for the most bang for your buck. While these options may cost more initially, they wear better and last longer than carpet and vinyl.
There are definitely other considerations when remodeling. The overall value, age and condition of not only your home, but your entire neighborhood- may give you an idea of what’s worth investing in. We’re happy to help you decide- give us a call and our experienced design team will be happy to consult with you on your project.