The decision to sell your home can come with a lot of questions, especially when it’s time to talk about improvements around your house. The biggest question is usually, “what can I do to see the most return on my investment and sell my home for the most money?” If you are thinking about selling your home and want to invest in smart renovations, here is a list of some of the best renovations for the most return.
In most cases renovating a bathroom, especially when it is very outdated, will see more than 100% return on investment. New flooring, a fresh coat of paint (and removing any wallpaper or border), and upgraded fixtures will brighten and modernise one of the most important rooms in the home. Buyers who don't have a lot of extra cash for renovations will likely be willing to pay more for a new home for sale in Haines City FL with little to no extra work to be done.
Another renovation that often results in returns higher than costs is landscaping and design. The landscaping for a home is its first impression to potential buyers, and we all know you only have one chance at a first impression. Bringing colorful plants into the front yard will liven up the exterior of the home and cause excitement for prospective buyers. Additionally, landscaping design will help address any overgrown or unattended plants that could crowd, overshadow, or darken the home causing a claustrophobic or heavy feeling.
Many say the kitchen is the heart of the home, and a healthy heart is key to a quick and profitable sale. Upgrades and renovations to the kitchen typically pay for themselves in additional value in the home. Countertops, cabinets, flooring, and appliances are the main focuses when doing a kitchen remodel, but don't overlook the value of more simple changes like upgraded lighting or a new backsplash.
Similar to landscaping, exterior improvements help to set the stage for what is to come inside. New siding, a bright entryway upgrade, and even a new roof will show buyers that you have kept up with all aspects of the home and will help your home compete with the new homes for sale in Haines City, FL. While these renovations can seem like a big task at first, they will alleviate many buyers’ fears and often lead to increased sales prices equal to what you paid for the remodel.
If your home has a decent sized backyard, it can be beneficial to spend some time and money improving the look and usability of the space. A new deck, porch, or patio where there wasn't one, or in place of an old or poorly functioning one, will do for the backyard what the landscaping improvements did to the front. Giving potential buyers a backyard oasis for entertainment and relaxation will see big returns on your investment when you sell.
If you are thinking about beginning the process of renovating your home, it's important to take an honest look at what can be done to improve the look and feel of the home. While every home is different and in need of different upgrades and improvements, the renovations on this list will give you great bang for your buck and will set you up to get the most return for your money. Don't let yourself get overwhelmed, when the renovations are done, you will surely be in awe of the look of your home, and the value you have added along the way.