These Home Remodels Can Increase Your Selling Price
Selling your home can be full of pitfalls. While many people choose remodeling services in Norwood, MA, to better their quality of life in their existing home, this can also be a viable option for those who are interested in selling in the near future. Most home renovations will improve the value of your home, but not all of them will have the high return on investment you want. The following home remodels will get you the most return when you decide to sell.
Focus on the Kitchen and Bath
Renovating your kitchen and bathroom in Massachusetts is the most lucrative way to increase the value of your home. Even making minor changes to these two rooms can have a dramatic impact on how much you can hope to receive in a sale. These are areas where many homeowners often find fault with a home and can actually make or break a sale. Few people want to move into a home and complete renovations immediately. Therefore, if you complete renovations on your kitchen and bath, you greatly increase the chances of making a fast, lucrative sale on your home.
Refresh Your Cabinets
Fully replacing cabinets isn’t a necessity in all cases. In fact, in many cases your remodeling services in Norwood, MA will be able to refresh those cabinets, giving your kitchen or bathroom a fresh new look without the high cost of buying new cabinets. Refinishing cabinets can update the look of the room and make a dramatic improvement on the impression your potential buyers will get. Changing out the hardware can also make an impact.
Update Fixtures and Hardware
In the same way, you can dramatically improve the look of your home by updating some of the fixtures and hardware. Consider installing new door knobs on all interior doors and replacing small fixtures like faucets. Your home remodeling contractors can help you make the best choices for a uniform look that allows your home to flow, impressing potential buyers who come through your door.
Think About the Market
Unlike completing renovations for your own purposes, if you intend to sell your home, it’s best to do your research to determine what features today’s buyers are looking for. For instance, if you determine buyers are looking for a more neutral color palette in their kitchen, installing brightly colored wallpaper or painting in bold colors isn’t likely to get the sale you’re looking for in a timely manner. If you aren’t sure what buyers may like, it’s best to think about features from a more neutral perspective.
Avoid These Remodels
If you’re looking to complete renovations for the sole purpose of increasing the value of your home, it’s best to avoid remodels that provide a lower return. These include garage conversions and bedroom or other additions. Finishing a basement or adding a media room also aren’t lucrative options if you are planning to sell your home in the near future.
If you’re interested in remodeling services that can help you increase the value of your home before you sell, contact us to learn more about what we recommend.