What Renovations Give the Highest Value?

Introduction

Even though sellers are at an advantage in the current real estate market, it’s still wise for homeowners to do everything they can to increase the value of their homes. Whether you are just trying to make your home a happier place to live or seriously considering selling, many easy renovations will significantly increase the value of your home. This week, we’re outlining the easiest upgrades to produce the highest return on investment. 

Minor Kitchen Upgrades 

Minor kitchen upgrades can refresh the look of a home without costing too much. For example, installing granite countertops and cabinets could completely transform the look and feel of your kitchen. Updating appliances with modern technology will also make a huge difference. 

Hardwood Floors

Hardwood floors are among the most favored renovations and a sought-after feature by homebuyers. Fronting the money to install new floors will bring your home into the 21st century while significantly increasing its value. 

Fresh Paint

Painting is one of the most transformative renovations a homeowner can do without breaking the bank. Light-colored neutrals and earth tones are the most widely appealing color schemes. If you’re looking to get a home sold, definitely get rid of any bold colored paint jobs, such as a child’s old room. A new paint job can do wonders for areas that need brightening up.

Improved Lighting 

Brightening up a home can make it feel cozier and inviting. While you don’t need to go out and buy some fancy chandeliers, investing in some new lighting fixtures that match the style of your home will increase its value. Better lighting is also a great way to make a room look and feel bigger. 

Conclusion

Before you go out and spend too much money on trying to make your home as modern and valuable as possible, it’s essential to educate yourself on which renovations truly make a difference. Curious about increasing the value of your home? Contact us today! 

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