Whether you’re getting ready to sell or just want to upgrade your space, you don’t have to do a complete remodel to seriously improve your home. In fact, there are tons of smaller scale, budget-friendly projects that will net you a surprisingly high return on your investment.
Grab your tool belt, and check out a few of these top home remodeling projects.
Minor Bathroom Remodel
The bathroom and the kitchen are the two most important areas of the home for buyers, so you should be sure to give them attention. That doesn’t mean, however, that you have to completely renovate the space. In fact, there are a number of small updates that’ll really make your bathroom shine!
Replacing a bathtub will net you around 102% in return, but it’ll cost around $10,500. If you don’t have the money for a whole new tub, consider re-glazing it for around $300 – $400! You can also grab some caulk and patch up the lining. And, as with any room in your home, a fresh coat of paint can make a major difference.
Energy-Efficient Windows
For an update that saves you money while you still living in your home and makes a good impression on buyers, consider installing some energy-efficient windows. Energy Star-rated windows can actually net you up to $500 in savings every year. Not only that, but installing energy-efficient appliances could also qualify you for special tax credit.
The cost for installation is anywhere from $5,000 to $10,000, but you can expect to make up to 90% of that back when you sell—not to mention those reduced utility payments.
Minor Kitchen Remodel
Similar to the bathroom, the kitchen is a major area for buyers, but you don’t have to go all out when it comes to improvements. Pick and choose a project or two—like resurfacing cabinets, replacing flooring, or installing new counter tops—and decide whether you want to go DIY or enlist the help of a professional. When it’s time to sell, you’ll end up making back most of the money you spent!
Other small updates to consider include putting in recessed lighting, changing out window drapes, and updating window molding.
Landscaping & Curb Appeal
The outside of your home is the first thing a buyer will see, so it makes sense that you’d want it to look its best! Things like new siding and new paint can breathe fresh life into your home, while small additions as simple as a landscaped garden or adding some new outdoor furniture will make your exterior all the more welcoming.
Plus, exterior updates can net you up to a 95.5% return when it’s time to sell!
Make Top Dollar on Your Home Sale
These upgrades are just the beginning of what you can do to up your home’s value. What to learn a few more? We can help! With years of experience buying and selling homes in the Central Ohio area, we’re well-equipped to lead you to real estate success.
Explore some of our resources for sellers, including home value tools and a personalized selling guide, and give us a call when you’re ready to list your Central Ohio home.
