Are you planning to sell your home in the future? If so, you need to make sure you increase its value before you list it in the market.
When it comes to improving the value of your house, a lot of people immediately think of home renovations. However, you should keep in mind that not all home renovations add value to your home. Thus, you need to spend money on the right projects.
Today, we’re going to share with you a couple of remodeling projects that add value to your home. If you’re ready for these changes, make sure you hire a reliable home remodeling contractor.
Paint the Walls
If you’ve got a tight budget and you want to spice up your remodeling project, you should think about painting your exterior and interior walls.
Painting can help rejuvenate the look of your dull walls. Aside from instantly transforming the aesthetics of your home, they can also be one of the features that capture the attention of a potential buyer.
Whenever you’re selecting a paint color for your house, you should choose one that is inviting and warm. Common paint colors for homes include creamy pastels, soft whites, and warm beige.
Install Stone Veneer to Your Home’s Exterior
You have probably heard the saying “first impression lasts”. Well, you can apply this phrase to your house.
There are a lot of ways you can increase the value of your home by upgrading its exterior. However, there is one material that can increase your home’s value and provide you an ROI (Return on Investment) of 95%. It is the manufactured stone veneer.
Stone veneer adds character to your house. They cost around $9,000 to $10,000. This depends on the size of your house.
Renovate the Bathroom of Your Home
For most people, a bathroom is a place where they can destress and relax. Thus, it is crucial to have a soothing and inviting master bathroom. This is particularly true if you want to add value to your house.
Luckily, you do not have to spend a lot of money on a major bathroom remodeling project. There are minor changes you can do that can help you earn an ROI of 85%. This includes:
- Add a couple of bold bathroom light fixtures
- Change the vanity of your bathroom
- Update the faucets, toilets, showerheads, and sinks to a more efficient model
Renovate the Kitchen of Your House
A lot of reports state that a small kitchen renovation project can provide an ROI of 80% to 90%. To make things simple, you can improve the value of your home by $80 to $90 for every $100 you spend on your kitchen renovation project.
Here is a couple of minor kitchen remodel ideas to think about:
- Get rid of dull lights and install bold fixtures
- Install a refreshing and clean kitchen backsplash
- Replace old appliances with more efficient models
- Resurface old cabinets
You don’t have to spend a lot of money on these things. However, they can greatly increase the value of your home.