Home Renovation Projects That Give You the Most Bang for Your Buck
Whether you’re selling, refinancing, or getting a home equity loan, the value of your property can make all the difference. To give it that last profit boost, many people invest in home remodeling projects. Note that some renovations have a better return on investment than others. Here are four of the most profitable renovation projects to consider for your home.
Before you get started on beautification, it’s important to start with the basics. Even the most beautiful home is still problematic if it has a leaky roof, the floors creak constantly, and the HVAC system needs replacing. Fix the most important things first to keep your home in good shape.
Homeowners recoup about 81% for a kitchen renovation. Still, this depends on what you invest in. If you won’t be remaining in the home to enjoy the new upgrades, then consider minor fixes. These might include upgrading the faucet, changing out the sink, and repainting the cabinets.
Like the kitchen, bathrooms tell tenants how old a home is. Some people prefer old Victorian charm, but there are some looks that have not aged well. These might include polarizing features, such as mint green porcelain sinks and bright yellow floral wallpaper. Consider upgrading these before selling.
Curb appeal is key in boosting the value of a home. When considering renovations, think about what would make someone stop and admire your property. Things such as a manicured landscape or a newly paved driveway are important to your curb appeal, but they’re not your only options. A freshly painted door or new windows may seem small, but they can have a huge impact on the look and feel of your home.