Buying a home is an incredibly fulfilling moment- it’s almost everyone’s dream to have a place they can call home. A place where their family can grow and build strong bonds with each other. So, it’s no surprise that most homebuyers tend to be extremely picky when buying a house.
That being said, it’s not impossible to appeal to such buyers. Most homebuyers make up their mind as soon as they see the exterior of the home on sale; therefore, it’s important to ensure your home’s exterior looks elegant and well-taken care of. Here are four home improvement projects that add value to your home and should be part of your next renovation project.
1. Remodeling your bathroom
A bathroom renovation is one of the most important home improvement projects that add value to your home. If you plan on putting your house on the market, it would be advisable to remodel your bathroom, putting in completely new fixtures and fittings. This is one of the best ways to add value to your home; such projects are bound to return at least 74% of the investment you put in.
Invest in large translucent windows that will give your bathroom a lit and airy atmosphere, and a large comfortable tub that will make for great baths. Remember, most homebuyers prioritize the bathroom and kitchen over any other room in the house and your new bathroom may be all it takes to seal the deal.
2. Putting in new windows
This is one of the simplest projects that add value to your home. Replacing your old windows gives a home a newer, sharper look. And since it saves the homebuyer from having to do the renovation themselves, it will make your home a very attractive prospect.
Wooden windows are especially becoming popular among homeowners. These windows have an elegant, rustic look and also help create better insulation, making the home more energy-efficient. Upgraded windows generally wouldn’t cost you much in the grand scheme of things but will be incredibly valuable when it’s time to sell the house.
3. Renovating the kitchen
The kitchen is the soul of every home and is where life begins each morning. It’s impossible to downplay the importance of a comfortable and functional kitchen in safeguarding a household’s health and lifestyle. It would be advisable to commission a small remodeling project in your kitchen. This small project would be perfect if you’re wondering how to add value to your home.
Make sure to change the flooring, cabinets and backsplashes as this will give the kitchen a new, up-to-date look. It would also be a good idea to replace the kitchen appliances, putting in their place newer, energy-efficient models that will help make your monthly utility bills even lower.
4. Converting the attic into a bedroom
Just like remodeling your basement, having a finished and insulated attic is one of the best ways to add value to your home. For one, it will ensure you don’t spend too much money heating and cooling your home. A complete attic will also provide more space that can be used as an extra bedroom or a home office. It’s possible to receive funding from a local credit union to complete your attic and make your home more attractive to prospective buyers.
Adding market value to your home
When you’re looking to sell, it’s important to figure out how to add value to your home. Upgrading your kitchen, bathroom, and attic will help make your home more appealing to prospective buyers. These projects typically have a very high return on investment rate and will pay for themselves whenever you do sell your home.
For more tips and financial advice, reach out to our team over at Eastex Credit Union!