Which Home Renovations Boost Home Value?
If you see a move coming closer on the horizon, you're thinking about the best ways to attract buyers, increase the amount of money you can ask for your home, and, finally, seal the deal. Before a home is listed, every seller does a few small projects (or major ones, for a less up-to-date home) that will make the pictures of the house more appealing and give it more charm when potential buyers walk through. Picking the projects and deciding on their scale can be difficult. Luckily, home renovation contractors in Naperville, IL, and realtor surveys all give clues as to what renovations will be worth the investment in the long run.
Updating Your Kitchen
Kitchen renovations consistently rank as home improvements bound to recoup their values when you list your home. Whatever money you put into your kitchen, you can expect to get back out, as long as you're sticking to functional choices that are in demand. Also, these updates will help you attract buyers, which, in fact, makes the renovations even more valuable. Call it the new kid intrigue effect, but every day your home stays on the market, it actually becomes less desirable to buyers.
In terms of the projects that experienced home renovation companies recommend, go for new or refinished countertops and cupboards if yours are scratched, faded, or seriously dated. All-new appliances carry a hefty initial price, but cupboards can be re-stained and countertops replaced with new materials for less of a monetary burden.
Adding Energy-Efficient Features
Energy efficiency is not only a sustainable option for the planet, it also saves on your energy bills. Putting in new windows, updating your HVAC system, or adding solar panels all prove to be good for the value of your home. If you won't be moving for a few years, solar panels can pay for themselves over a short period of time, so when you go to sell, you'll actually be making money from this renovation.
Everyone loves a clean and streamlined bathroom that can give them somewhere functional to get ready for the day. Bathrooms always top the list of areas of the home where home sellers can add value. New hardware like faucets and light fixtures can make the space look brand new. If your shower or bath tub could use some work, investing in custom home renovations in Naperville, IL, provides upgrades that will complement the bathroom area you have to work with and give you the most functional changes.