Are you curious which home improvements really pay off? Do your research and prioritize what is a “must have” and what is a dream before you sink money into home improvement projects. This list of four home improvements that pay off at resale is a good place to start.
Minor bathroom remodel
The average return on a bathroom remodel is about $10,000 – approximately what it will cost you to replace the bathtub, tile floor, sink, variety, fixtures and toilet.
Re-caulking a bathtub isn’t too hard – it’s like piping a name on a birthday cake. Remove old caulk with a softener and once you apply the new caulk, run the water to fill the bathtub. This will stretch the caulk while it dries.
If a new tub isn’t in the picture, create a next-to-new looking finish by re-glazing it.
Remove any old-fashioned wall coverings and apply a new coat of paint.
If you have older shower doors, it may be time to replace them with new, frameless ones to create the illusion of a larger space.
The American Nursery Landscape Association tells us that the average homeowner spends around $1,465 on help designing the landscaping and $3,502 for landscaping. The good news is, the average return at sale is 100 percent
If you aren’t sure how or where to start, you can consult a local garden center – many offer design services. You can also talk to friends and neighbors for help.
Add a dash of color to the front of your home with bright, cheerful flowers. Replace or cut down overgrown shrubbery and add flowering plants in a mixture of colors and heights for an eye-catching effect.
A fountain or walkway act as a enchanting focal point and can add value to your property.
Porch, deck or patio addition
At resale, you’ll have a recoup rate of about 90 percent from adding a nice, pressure-treated wood deck to your home’s exterior. Add some appeal to the porch, deck or patio with decorative planters with lush flowers.
If you have run-down stairs, it will hurt you, so make sure the railings are attractive and safe.
A wooden trellis is the perfect way to camouflage unsightly air conditioning units.
A new roof increases home resale value by $12,000 on average in the U.S., meaning there’s an average of 62,9 percent recoup rate through increased home value.
If you’ve been online searching for roofers near me, seriously considering having a new roof installed, it’s a smart investment. In addition to improved resale value, a roof provides texture and color that will give the exterior of your home an appearance upgrade. New technology means that some types of asphalt roof shingles are designed to reflect solar heat and even reduce the cost of cooling your home. A new roof is one of the most visible features of a home, so not only will a new roof be attractive to potential homebuyers, it will also avoid issues when selling a home. A roof in poor shape can stop a home sale instantly.
Whether you just purchased your home or have lived there for years, the best way to boost its value is to make a plan and take action. As you work to upgrade your home, remember to start slowly; it’s a marathon, not a race.