As seasoned realtors with decades of experience as some of the top-selling agents in Northwest Indiana, we know what makes a home valuable when we see it. We also know how to advise home sellers when it comes to renovations and improvements that can boost resale value. If you’re thinking about moving in the future, we recommend investing in your home now—why not enjoy some of the benefits of the renovations yourself before you list your home for sale? As you consider what changes to make, think about these top home renovations that boost resale value—
Remodeling the kitchen is one area where home sellers are almost certain to get the most bang for their buck. And keep in mind that it doesn’t have to be a major kitchen remodel in order to generate a return on investment (ROI)—even minor kitchen remodels can boost home value. A kitchen facelift that includes refinishing the surfaces, painting, and upgrading the appliances alone can improve home value. If your kitchen is especially dated, you may choose to go bigger than that by changing layout, cabinets, flooring, etc.
After the kitchen comes the bathrooms. If your home is limited in the number of bathrooms it offers, adding on a bathroom can be a huge benefit and attraction to sellers—although this comes at a price. Another option is to renovate an existing bathroom. Older bathrooms can be a huge turn-off for home buyers, so consider replacing features, floors, countertops, mirrors, and lighting.
If you have the physical space for it, adding on a deck or patio can be a great way to improve the curb appeal of your home and attract buyers. The great thing about adding a deck is that this is a relatively inexpensive project in comparison with other home renovation ideas.
While more expensive upfront, family room and master suite additions have been shown to have a large ROI when done right. Many homebuyers today are looking for more space, especially in older homes that typically feature smaller rooms. Adding on an additional family room or expanding a bedroom to transform it into a master suite can improve home value.
At The Jana Caudill Team, we are experts when it comes to selling homes and knowing which different features and amenities of a home improve value. If you have questions about the best renovations to improve the resale value, call our real estate professionals directly today.