The best home upgrades are not necessarily the ones that look the greatest, but the ones that yield the most value. When you do an upgrade, you’ll want to ensure that you’ll receive a large portion of your investment back when you go to sell.
But while putting in a pool or gutting your house completely might sound like a good idea to you, it’s not always the best upgrade for what you need.
If you’re thinking of putting some money into home renovations, here are five upgrades you should do to boost your home value.
Renovating the kitchen is one of the rooms in the home that will benefit most from upgrades or a complete renovation. However, a kitchen remodel can get expensive quickly, especially if you’re unprepared. When a kitchen renovation is done well, you can expect a 50-80% return on investment or ROI.
Renovating your kitchen doesn’t have to cost you an arm and a leg. Simply use some paint to brighten up space or paint your cabinets. This is a cost-effective way to give your kitchen an “upgrade” especially if it doesn’t need a complete renovation.
Next to the kitchen, the other room that homebuyers like renovated is the bathroom. Renovating a bathroom can cost significantly less than a kitchen, so it might be something to consider if your bathroom is extremely outdated.
Depending on where you live, the ROI on bathrooms is high, in some places well over 80%.
- Solar Panels
Solar panels are growing in popularity as people realize that they want to make their homes more energy-efficient. Panels, like the ones from Blue Raven Solar, harness the power of the sun to power your home’s electricity.
You’ll save quite a bit of money going solar, and the ROI will vary depending on how much electricity you use per year.
- Curb Appeal
People are drawn to your house because of its curb appeal. Curb appeal refers to your landscaping and how well the exterior of your home is maintained. If the yard or other parts of your home are unkempt and untidy, people are likely to pass it up.
Take some time on a sunny day and evaluate the exterior and curb appeal of your home. Would it benefit from some new greenery or a fresh door color? Putting some effort into your landscaping will be an upgrade you won’t regret.
- It’s The Little Things
Sometimes simply keeping your home in good condition by investing in repairs or giving your walls a fresh coat of paint is enough to make your home stand out.
Small things like adding a new light fixture, door, hardware, or even replacing your garage door can make a big difference in the way your home looks and feels.
Best Home Upgrades
The best home upgrades may cost you a little or a lot, but the end goal is to gain more in your home’s value. Once you do that, the upgrade is completely worth it!
Do you need more home improvement ideas? We’re the experts—literally! Visit our website today to take advantage of all our tips!
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