Making smart investments in your home in Raleigh is key when it comes to increasing its value before listing. However, while upgrades and renovations can help up the appeal of a property, not all will provide an adequate return on investment making them a waste of money – so how do you know which ones are worth taking the plunge for? We’ve curated our top 3 recommended improvements that bring significant boosts in resale price as well as cautionary measures against three often-overlooked projects that don’t make much difference!
3 Upgrades To Invest In:
Do: Paint
Transform the look of your room in a flash with the help of some neutral paint! In addition to adding new life to an area, painting is also a simple way to disguise minor dents and holes. For extra style points, add pops of color through artwork or decorative pillows—all at minimal cost.
Do: A Kitchen & Bath Facelift
Revamp your home without breaking the bank! It’s no secret that upgrading kitchens and bathrooms can provide great returns on investment, but there are smaller yet impactful upgrades you can make such as installing new faucets, replacing knob pulls or resurfacing cabinets. You’ll be amazed at how much of a difference this makes to not just the aesthetics but also functionality – many appliance manufacturers even offer different colored faceplates for customization purposes.
Struggling to find a way to bring cohesion and style into your home without breaking the bank? Swapping out old or mismatched appliances can be an affordable fix, while vinyl tiles laid over existing floors are great for adding new life. And don’t forget about little details like cracked tiles or loose hardware – these small touches really make a difference! If you’re looking for something even more cost-effective than shower renovations then why not try pre-fab covers – this could provide just the ‘refresh’ that will complete your bathroom’s transformation.
Do: Landscaping
Increase your home’s visual appeal with a few simple touches. Add some vibrant flowers or use rocks and succulents to bring color while keeping up the low-maintenance factor. You may also consider brightening things up by painting the mailbox, installing a bird feeder and adding hanging plants for homes of all shapes and sizes! Trimming trees and bushes, plus mowing regularly can give you that well-groomed look; surefire ways to draw in passersby!
3 To Forget About:
Don’t: Finish The Basement
Buying a home can be an exciting yet daunting experience, especially when it requires work to turn it into your dream space. Fixing up the place is often necessary in order to get closer to market value; however, take note that this process may cost both time and money without fully reflecting on sale price. Instead of relying solely upon renovations for return on investment, mention how unfinished areas are taken into account during pricing so buyers will know they’re getting fair value while still having a chance at their own customization!
Don’t: Add a Patio, Deck or Pool
Creating an inviting space for the new homeowners can be done in a cost-effective way that adds to their home’s charm. Decorative plants, pavers or even building a deck will create a beautiful outdoor area without breaking your budget. Keep in mind however that adding larger features such as pools might not provide you with much value return and may actually deter buyers who worry about safety and upkeep requirements.
Don’t: Do A Major Renovation to The Kitchen or Bathrooms
Whenever deciding on large-scale remodeling projects, assess carefully to ensure that the expense makes sense. Consider offering potential homebuyers a credit toward their purchase price instead; this solution allows them to personalize and customize according to individual tastes without having you make bigger investments upfront!
In summary: Don’t over-improve… keep it simple!