5 Easiest Home Upgrades to Add Value

Remodeling your home can turn a cramped space into a comfortable environment you like to live in. And if you plan to sell your home, refurbishment can significantly increase your profit margin if done correctly. However, not all home improvement jobs promise a positive return on investment (ROI). When you are upgrading your home, you want to focus on improvements that appeal to potential buyers without accumulating debt or running out of your savings. Below are 5 home renovation projects that add value to your home without breaking the bank.

Turn your home into a smart home Smart homes are what everyone is talking about these days. As smart home statistics and facts show, the Internet of Things (IoT) market is expected to exceed $ 520 billion by 2027. According to the National Real Estate Agents Association magazine, nearly 50% of consumers want to make their next home smarter. These numbers prove that automation not only adds value to your home, but also allows you to sell your home quickly. Convenience is one of the main reasons most people today prefer an automated home. Automation gives you more control over the various things that make up your home, such as heating and cooling systems, music and multimedia equipment, and irrigation systems. smart homes also offer many savings opportunities. For example, smart lights can be programmed to turn on and off when a specific time or movement is detected. A smart programmable thermostat can learn your daily routine and reduce your energy bills by up to 23%. In addition, smart security features can save money indirectly by reducing the cost of theft and repair, and directly by lowering home insurance premiums.

Refreshing exterior and interior paint

Fresh paint is one of the most valuable and easiest home renovations. Proper selection of colors in the right areas guarantees a 100% ROI and a 5% increase in resale value for your home. When repainting a house for sale, the outside is as important as the inside. From the outside, the new paint coat will greatly help to enhance the attractiveness of your home. A well-painted house on the outside attracts more buyers and soars your asking price. Similarly, a well-painted interior is useful for setting the tone of different parts of the house. Keep in mind that the choice of exterior and interior colors is important to the resale value of your home. When deciding on the best color to sell your home, it's important to talk to your realtor about the colors that will make your home sell better in your area. It is convenient to stick to bright and neutral tones such as gray, beige, and off-white because you can appeal to more viewers.

Updating the Kitchen The kitchen is often considered the heart of the house. This is the center of everyday life for all families, large and small. It goes without saying that if you live in the kitchen, it will be the biggest decision factor for your future buyers. Therefore, it makes sense to make multiple updates. If you're remodeling your kitchen before selling it, don't forget to create great elements while maximizing your ROI. Depending on the size of the project and the age of the house, the cost of remodeling a kitchen can be very high. Think about how much you want to invest and what you might get back. If the upgrade doesn't help you sell your home faster with more money, they're probably not worth it. There are many cheap kitchen upgrades that can attract more buyers than the while adding a great ROI.

First, start by modifying with new paint. Repaint the closet and replace the old hardware with the latest hardware. Refinish the hardwood floor and replace the missing tiles. Replace the kitchen sink. If your budget allows, replace your old countertop with butcher's block, concrete, or quartz.

Refreshing the Bathroom After the kitchen, the bathroom is another area of??the house and potential buyers scrutinize it when buying a home. A typical homebuyer wants a spacious, quiet and clean bathroom with a neutral atmosphere. If your bathroom has a warm and calm environment that provokes a feeling of relaxation, your potential buyer may be more willing to meet your asking price. Remodeled bathrooms can increase the value of your home by 45%. Even if you don't plan to build a house right away, even for a moment, you'll have a bathroom that will help you relax and leave the world. If remodeling the entire bathroom doesn't make sense, focus on solving plumbing problems. Upgraded amenities that make the bathroom more accessible and functional, such as double vanity, more storage space, bathtub, and handheld shower head, add great value to your home. And don't forget to refresh the bathroom lighting with something more modern and functional.

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