If you’ve decided to sell your home, one of the best pieces of advice to follow is to consider making some home improvements before you finally list the property for sale. Many homeowners may think that spending time on a home upgrade might distract them from the home-selling process. The opposite is actually true. The right home upgrade can actually go a long way toward making a sale easier. Not to mention, it can give a healthy boost to your listing price!
Whether you have the time to set out on a major renovation or you’re on a tighter schedule, and you’d prefer to keep your project small, read on to learn more. We’ve got the tips below to help you achieve a high return on investment (ROI) with your home upgrade in Trumbull, CT, real estate. Let’s take a look!
Your home’s curb appeal goes a long way toward boosting its value. Not to mention an attractive front lawn and garden will help encourage more people to take a look at what’s inside the property. If the outside looks good, then buyers are more likely to come in.
Rehabbing your landscape is one of the best ways to boost value and find a near-100% ROI. Trim the hedges, repaint your front fence and door, and consider power washing your drive and sidewalk to make a strong first impression on buyers. Plant a fresh row of annuals outside the front windows, and install a new front door handle if it’s seen better days.
The kitchen and bathrooms are two of the first rooms that potential buyers are going to look at first when deciding on the value of a home. You want the kitchen, in particular, to look modern, clean, and expansive. There’s no better way to accomplish that than with a minor remodel. You don’t have to tear down the entire room, either. Minor upgrades will carry a high ROI on their own. Swap out any appliances that seem unfashionable or have long outlived their warranty. Put in a fresh set of fixtures for the faucet, sink, and cabinet handles. Instead of redoing all your cabinetry, apply a fresh gloss or paint color in neutral tones or eggshell white.
After the kitchen, it’s time to take a look at the bathroom. In a majority of cases, homeowners can realize the highest return on investment by starting a renovation project here. What’s more, you don’t have to throw out everything that’s already there and start from scratch. Oftentimes, a more measured approach to a remodel is the better option.
First, check out your shower. Update the shower head with a modern fixture like a rain shower and install fresh tiling if the color scheme is out of date or they’re in need of repair or regrouting. Swap out the vanity with a new stainless steel model and replace the old sink with an eye-catching new one.
There’s no better way to make an immediate visual impact on potential home buyers than refinishing or repainting all your hardwood floors. Visitors to the house will notice this upgrade right away without you even having to mention it. Often, homeowners can realize up to an 80% ROI by setting off on this project, and it doesn’t take long to complete.
Refinishing your floors is more cost-effective and less time-consuming than replacing them wholesale. Plus, most homeowners with hardwood floors don’t truly need to replace their floors. Unless you’ve noticed water damage or mold in your hardwood (in which case you will, in fact, need to install new flooring), a fresh coat of paint or gloss will go a long way toward boosting your home’s value.
The devil’s in the details when it comes to selling your home to the highest bidder. You’d be surprised how many luxury home buyers place a high value on the types of lighting, plumbing, and accessory fixtures that adorn their house.
You can bring in an even higher ROI by spending some extra time scanning the home for any errant fixtures that could use an upgrade. First, look at the high-traffic zones of the house: replace light switches with metallic, high-impact options. Swap out an aging ceiling fan with a chandelier. Doorknobs are another place to install upgrades, as well as kitchen cabinets and the accents to your storage areas.
If your outdoor seating area is where you spend a lot of time with friends and family entertaining or just enjoying the air, the next owners of your home will likely follow suit. That’s especially if you decide to upgrade it. By spending some time and energy renovating your porch, deck, or patio, you’ll find a high ROI and help boost the property value with relatively little effort.
A major project would be to cover the outdoor space and create a fashionable sunroom. Or, just consider expanding the seating room so you can fit more high-quality chairs and settees on the deck. Build space for a fire pit or construct an accessible railing to appeal to a wider range of buyers. Your options are virtually endless when installing an addition to your deck or patio.
There you have it: an all-in-one guide to the highest ROI home upgrades you can start today to boost the value of your house. If you have questions or comments to share about making a home renovation to raise your property’s value, or you’d like to learn more about Trumbull, CT, real estate, reach out today!
Matthew Hyde is your premier luxury real estate agent specializing and practicing in Fairfield County. He’s more than happy to share more advice on homes for sale in Trumbull, CT with anyone interested in making high-ROI home upgrades anywhere in Fairfield County.