Homeowners are always looking for new ways to make their homes better. Whether it’s the kitchen, bathroom, or just a fresh coat of paint – you know that your home will be worth more at resale if you invest in these types of improvements. From redoing your kitchen to putting in new landscaping – here are 6 home upgrades that will return the most at resale.
1. Upgrading or Reinstalling The Roof
The roof is one of the most important parts of your home, and it’s also one of the most expensive to replace. If your roof is in good condition, you may want to consider just re-shingling it instead of replacing the entire thing. If you don’t know what your house needs, you can contact the pros from roofing with TechHero Roofing and get an estimate of what your roof needs. However, if your roof is starting to show its age, it might be time for a complete replacement. In either case, you can expect to get back around 80% of what you spend on a new roof when you sell your home. The average cost of complete roof replacement is around $7,000 so if you’re thinking of putting your home on the market in the next few years, this may be a wise investment.
2. Upgrading Windows
Window upgrades can sometimes be pricey, but they’re worth it when it comes time to sell your home. New windows will make your home more energy-efficient and can also add to the value of your property. If you’re not sure whether or not your windows need to be replaced, you can have an energy audit done to find out. The average cost of replacing all the windows in a home is around $10,000, but you can expect to get back about 75% of that when you go to sell.
3. Upgrading The Kitchen
The kitchen is often called the heart of the home, and it’s no wonder that upgrading this room can be so lucrative. Whether you install new cabinets, countertops, or appliances – or just give it a fresh coat of paint – you can expect to get back around 80% of what you spend on a kitchen upgrade. The average cost for a full kitchen renovation is around $20,000, so if you’re thinking of selling in the next few years, this may be a wise investment.
4. Upgrading The Bathroom
Another room that’s worth upgrading is the bathroom. A new vanity, sink, toilet, or tile can add value to your home and make it more attractive to potential buyers. You can expect to get back around 75% of what you spend on a bathroom renovation when you go to sell your home. The average cost for a full bathroom renovation is around $10,000, so this may also be a wise investment if you’re thinking of putting your home on the market in the next few years.
5. Adding A Deck
One of the best ways to add value to your home is by adding a deck. Not only will this increase the living space in your home, but it will also make it more attractive to potential buyers. A good deck can add as much as $10,000 to the value of your home, so it’s worth considering if you’re thinking of selling shortly. Also, don’t forget that a deck is a great place to relax and enjoy the outdoors. The deck can also be multi-purpose, for example, you can use it as a play area for kids or an outdoor dining area, as well as a place to entertain guests.
6. Landscaping
Another great way to add value to your home is by doing some landscaping. This doesn’t have to be anything fancy – just some simple planting, mulching, and trimming can make a big difference. A well-manicured yard can make your home more attractive to potential buyers and can also increase curb appeal. You can expect to get back around 50% of what you spend on landscaping when you go to sell your home. The average cost for basic landscaping is around $500, so this is a relatively inexpensive way to add value to your property. Landscaping can also include adding features such as a water feature, lighting, or a patio.
These are just a few of the many home upgrades that can return the most at resale. If you’re thinking of selling your home shortly, it’s worth considering some of these upgrades. They will not only make your home more attractive to potential buyers, but they will also increase its value. And, as a bonus, you may even get to enjoy some of the upgrades yourself before you sell!
