Before putting your home on the housing market, it’s important to realize that there are some home remodeling projects that pay off more than others. You’ll have to also anticipate what styles and fashions are in demand as you go throughout the remodeling process. A good place to start is by asking a realtor for specific pointers with each project you’d like to begin. Even if you don’t currently have an active realtor and your home isn’t currently on sale, you can use their services as a guideline for your projects.
Which projects have the biggest return at resale? Here’s the top 3:
- Home Staging and Updated Décor
Give your home an updated and more desirable touch by making minor adjustments to the living room in particular. You can put new drapes, put in some crown molding, and place new outlet covers and light switches. If you already have crown molding, a fresh coat of paint will help this detailed part of the room to stand out more.
As you update a room’s décor, get rid of the clutter. Less can be more. Also try to shift around furniture to get the most use of space. If you need ideas on how to properly stage a room, there are magazines such as one by HGTV that can be used for inspiration. The goal of home staging and updating your décor is to make the area look more charming and inviting. It’s crucial to get rid of anything that could make your home dated when it’s put on sale.
2. Minor Bathroom Remodel
The sky is the limit where a bathroom remodel is concerned, but fortunately there is a big payout with minor remodeling. You can do various things such as replace the toilets (consider getting an elongated one in particular), updating faucet fixtures, putting new vanity mirrors (original mirrors typically lack a frame), update the flooring (vinyl and tile are great options over laminate). If you already have tile flooring, make sure the grout has been replaced and or cleaned to give it a new appearance. You can also make some quick aesthetic upgrades by installing decorative shelving. The smallest things can make a big difference.
Minor Kitchen Remodel
Just like a bathroom remodel project, there are so many things you can do to a kitchen—both big and small. You can start off doing a number of things such as: putting in a new sink, placing a new faucet, put recessed lights, paint or replace the existing cabinets (you’ll have to sand it first), update countertops (doesn’t have to be marble or granite, you can still do laminate), update the flooring (tile and vinyl are the most resilient to moisture). Like all things, you can also repaint the kitchen.
Doing these updates is an investment. And when investing in something, you should do all in your power to protect it. When doing these essential updates, you’ll want to protect your home from potential threats such as burglaries, fires and floods—so much is on the line for something to happen. If you’ve already moved out of the residence, make sure all of the locks have been updated and you could go so far as installing new doors. The smallest things can have an impact on the security of your home during the remodeling process.