Renovations You Need and Renovations You Don’t
If you are renovating your home with the intention of selling at some point in the future, you may be looking at a variety of different improvement options. Want to know the best areas to concentrate on? Here’s a deeper look:
- What’s Necessary: If you want to get your home sold, it should be in great condition, nothing major should be lacking, the roof should be in top condition, your landscaping should ideally be groomed, and every last square inch should be spotless. Appliances and other fixtures could do with modern updates, so long as they are not unnecessarily upgraded. Going for as blank of a canvas as possible is also smart, because even though you’d love to show off your killer skills when it comes to design and decor, the potential buyers should be able to envision themselves in the space and able to make their own mark on the home; not acclimate into your customized, and highly-stylized settings. Basics in great condition are necessary; fanciful upgrades not so much.
- The Kitchen: This is the room most people and families spend the most amount of time in, and as long as your renos aren’t overkill, they’re typically very much worth it to have a functional, spacious, well-updated, beautiful kitchen. New cabinets and attractive counters are big selling points.
- Appliances: Great appliances will typically get you close to what you paid for them in a sale, so don’t skimp on quality there. Appliances are a major part of your kitchen, which is one of the most important rooms in the home. They don’t have to be ostentatiously high end models, but good, newer, modern, yet basic units will do you a few favors in the long run. They add to the home’s move-in quality; something many buyers are aiming for.
- Fresh Paint: A fresh coat of paint does so much for a home, and it should always be done right before listing your home. It will enhance the overall freshness of a home, and make it more inviting. This is one of the most cost-effective measures you can take, so do not ever slack on it.
- What’s Not Worth it: In-home movie theatres, built-in humidors, decked out custom closets, decorative pedestal sinks, elaborate chandeliers in modest homes; unless you’re okay with not recovering most of money you spend, these types of upgrades will not appeal to the broad array of people checking out your home. The appraised value will not be anywhere near what you’ve spent, so keep it simple, unless you don’t mind spending. Think functional and attractive; potential buyers will be more interested in useful spaces than overly styled decor.