Typically, real estate is a great investment and it tends to appreciate over time. Sometimes that appreciation can be slow and other times fast, usually depending on the neighborhood or area surrounding the house. However, there are some things you can do to help your home grow in value even faster than normal. Here’s our suggestions for home improvements that tend to have the best return on investment.
1) New Windows
These may not be the first improvement that your mind jumps to, but when you stop to think about it, this investment makes perfect sense. Nearly every room in your home will have a window and those windows are not only ways to bring light into the house, but they serve as insulators against the weather outside and ensuring your home stays safe and comfortable. Replacing the windows in an old home with single pane windows with new energy efficient windows can actually have an impact on your monthly energy bill. Additionally, new windows improve the curb appeal of your home and boosts the first impression of any potential buyer who visits.
2) Minor Kitchen Remodel
Nearly everyone’s kitchen could use a bit of updating. Fortunately, to see a return, you don’t need to do a full blown remodel. Just doing some minor updating is generally enough. This includes things like adding a backsplash, new appliances or countertops, new cabinet hardware and a fresh coat of paint. Most of these things you can even do on your own!
3) Landscaping
Similar to the windows, your landscaping is one of the first things a potential home buyer sees when they visit your house. Fortunately, this home improvement tactic doesn’t have to cost a lot of money either. If you already have good looking plants or bushes in your existing landscaping, updating your landscaping can be as simple as a quality trim and some new mulch. If your front landscaping is looking a bit rough, considering some new plants or bushes. Small bushes like boxwoods aren’t very expensive, are easy to care for and can be trimmed to any shape or size.
4) Bathroom Remodel
Like the kitchen, a bathroom remodel can add a significant amount of value to your home. Consider replacing the fixtures or even putting down new tile to make everything look fresh. And just like your kitchen, a fresh coat of paint never hurts.
Everyone hopes to maximize their return when selling their home. Following these couple home improvement tips can help you do the same for your home!