Home improvement can be a great way to increase the value of your property while making it more comfortable for you and your family. It doesn’t have to be expensive or complicated—there are a wide variety of projects that suit all budgets and levels of skill. And if you’re considering selling your home, it’s important to understand which upgrades are most likely to pay off.
Before you start swinging hammers and buying new materials, it’s important to draw up a plan for your renovation—even just a sketch on a cocktail napkin is better than nothing. This will help you determine which projects are do-it-yourself, which require professionals and how much your total project should cost. You’ll also want to consider whether you need any permits for your project. If you’re unsure, reach out to a RamseyTrusted real estate agent for advice. These agents are top-notch pros in your area who have been vetted by the Ramsey team and can advise you on local market conditions and which projects will add value to your home.
For a quick home upgrade that’s sure to catch buyers’ attention, spruce up your entrance with a fresh coat of paint. Choose a cheery color that complements your home’s architecture and add a welcoming touch with a stylish front door mat or potted plants near the sidewalk.
You can also give your kitchen a facelift with simple touches that make a big difference, such as replacing your appliances or adding new lighting. Replacing your countertops with quartz is a popular and durable choice that looks like marble but requires less maintenance. If you’re willing to invest a little more, you can add custom cabinets to your home that will impress potential buyers.
One of the best ways to add value to your home is by increasing its livable square footage, says a real estate investor. Adding an additional bathroom or a spacious great room is an ideal option, but it can be costly. A primary suite (that’s a bedroom with a private bathroom, walk-in closet and perhaps a dressing area) is an even more significant addition that can greatly boost your home’s resale value.
Another way to add value is with energy-efficient upgrades that can lower utility bills and improve your home’s sustainability. Installing a smart thermostat, for example, can save you money while reducing your carbon footprint.
Of course, no home upgrade is guaranteed to increase your home’s resale price. But by selecting projects that are in line with the current market and your personal preferences, you’ll be able to maximize your return on investment—and enjoy your home more than ever.