If you purchased a fixer-upper and you plan on selling, it would be smart to invest your home improvement dollars wisely. Sometimes buyers look to certain rooms or parts of the house when browsing homes. You don’t want to spend your money on a room that won’t yield the highest value if you’re planning on leaving shortly. Take a look at this list before you start your next home improvement project.
Home Improvement: Getting the Most Bang For Your Buck
We start with the most important room in the house, the kitchen. This is the first room buyers look to when determining if a home’s sale price is worth it for them. If the kitchen is already in acceptable and doesn’t need a full kitchen remodel, you can definitely make some nice money by starting with your kitchen. New appliances are the main thing that catches a buyer’s eye. After that, look to fixtures and countertops to add even more value to your kitchen.
Focus on the master bath, as that is seen as a bigger point to the buyers. Make sure to be conservative, but spring for a new bath, tiles and fixtures. Spending less than $10k may not pay off for you, though. Try for options that look nice, but don’t break the bank.
Walls & Floors
Paint, Wall coverings and flooring can be the least expensive option on this list, while having a great impact on your home’s resale value. Make sure to use colors that don’t clash and encourage a modern and sleek design. There is nothing that can put buyers off quicker than a weird wall color, along with unattractive flooring options.
When selling your home, you want to make sure you are getting the most resale value out of your home. Everyone knows the old adage, you’ve got to spend money to make money, and this holds true when selling your home more than anywhere else. Putting a little money and time into your home before you sell can pay off for you and your family in the long run. Hopefully in your next home the buyers were nice enough to make some updates for you too!