6 Home Upgrades with the Best Returns on Investment

If your goal is to improve your home so that you can sell it at a higher price, there are home upgrades that you should consider. Essentially, not all home upgrades or improvements add value to a home. Nevertheless, there are home upgrades that yield the highest return on investment. These include the following:

  1. Budget-Friendly Kitchen Renovation

Baths and kitchens will sell your home. An old, bad looking kitchen will be a major turnoff when selling your home. However, there are many ways via which you can make your kitchen inviting and refreshing. For instance, you can replace old appliances with new, more energy efficient appliances. You can also replace laminate countertops with granite countertops. Some of these improvements may be pricey but they will enable your home to fetch a higher price when you decide to sell it.

  1. Bathroom Renovation

Many home buyers look at the bathroom as the place where they can relax comfortably. Therefore, they want it to be a sleek, modern space. If you have an old bathroom, start renovating it by replacing its old, pastel, ceramic tile with contemporary tile like porcelain tile and subway-style ceramic. Also replace plastic tubs with tiled shower. Generally, look for upgrades that have optimal impact on the look and feel of your bathroom.

  1. Flooring

Quality flooring will change the feel and look of your home drastically. Hardwood flooring appeals to more home buyers. Eco-friendly flooring options like cork and bamboo are also ideal. So, if you have covered hardwood floors with carpeting, consider letting them show as long as they are in proper condition. If your hardwood floors look worn out, invest in refinishing and sanding.

  1. Fresh Paint

Paint your home with neutral colors to refresh it. Neutral and white paint colors enable home buyers to envision themselves living in your home. That’s because these colors provide blank slates that serve as the backdrop for the stuff of prospective buyers. Therefore, consider painting your home with neutral and white colors if you intend to eventually sell it.

  1. Curb Appeal

The exterior of your home matters. If prospective buyers don’t like your home from the outside, they may not be interested in viewing its interior. Therefore, to boost the resale value of your home, invest in its curb appeal. Work on walkways, landscaping, and siding, among other exterior parts of your home.

  1. Home Staging

When selling your home, staging it enables buyers to imagine living in it. Home staging is a great way of dressing up features that you want to highlight. Therefore, invest in home staging to present your home in a more appealing way to prospective buyers.

Consider these home upgrades with the best returns on investment to boost the resale value of your home.