These Key Home Improvements Will Increase Your Property’s Value

How to Get the Most Bang for Your Buck

When thinking about remodeling areas of your home, it’s easy to think of the cosmetics. Fresh paint, updated furniture, marble countertops… these components will add value to your home, but will they return the investment? Most likely not, unless a future buyer has the same tastes as you. Here are some home improvements whose cost is similar if not cheaper than their value.

1.  Home Maintenance

Replacing the sump pump or updating the siding on your house doesn’t sound like a fun way to spend your money. However, a future home buyer won’t make an offer on your home if they see water in the basement or if the siding is coming down or cracked. Spending some extra money on home maintenance is sure to increase interest in the future. Buyers will not have a lot of extra cash to spend on repairs, so resolving these issues can entice them to buy.

2.  Kitchens and Baths

Kitchen and bath renovations have shown to return investment time and time again. When someone is looking to buy a home and the kitchen or bathroom is outdated, all they see are dollar signs. Minor upgrades to these areas, such as updated appliances, are sure to increase return.

3.  Square Footage

Converting your attic into a bedroom or finishing the basement can work wonders to increase the value of your home. Simply being able to add livable square footage to your listing will draw in more buyers.
Home improvements take time and money. When deciding which improvements to make, consider which projects will bring the most value to your home and the most profit to you.

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