Thinking about remodeling your home? You may want to consider that certain upgrades retain more value than others. Check out these money saving projects:
Curb appeal is the first impression a house makes on a potential buyer. Buyers are quick to judge a book by its cover, and if you can’t get over the first obstacle of getting buyers through the door, the rest of the upgrades are for naught. Add some stone veneer on the exterior of your house, add a wood deck, or even just change up your landscaping to wow at first sight.
Open Floor Plan
Open floor plans are high on buyers’ list, especially ones where the kitchen opens to the living/dining room space. Before jumping to the demolition phase, this is a upgrade where you’ll need a contractor. DIY the wrong wall and your house could be majorly compromised structural.
Upgrade Your Bathroom
There is a huge return on investment for modernizing your bathroom, or installing a new one altogether. Buyers tend to idealize a one bathroom to one bedroom ratio. An additional bathroom can be made from a closet, or taking space from a hallway. Even maximizing the space in your bathroom is a plus, as buyers want both a shower and a tub in the master bedroom.
The kitchen is the first place buyers will look to determine if a house is worth the asking price. And you don’t have to spend big to get even bigger returns. Fresh paint, hardware, and updated appliances go a long way.
Finish Your Basement
Finishing your basement is a great way of adding value to your home, as buyers love maximizing a home’s square footage. And that square footage can be significant, especially for a one story home. Interior designers recommend adding, at minimum, a half bath to the basement, as the added cost is outweighed by added value.
Check with Cardano-Goodson to see which upgrade is right for your home!