If you’re contemplating selling or just giving your home an update, here are some less trendy and more classic remodeling projects you can work on that will give you a handsome return on investment (ROI) and add value to your equity:
1. Replace Windows
The look and functionality of newly installed windows are a great selling feature for buyers. They appreciate the fact that they lower electric bills and are energy efficient. If you only have the old style windows, it’s time to replace them. This project will yield you a 72% return on investment.
2. Replace Front Door
Even if you don’t use your front door very often, it will show signs that it needs updating. Think of it as the first thing I buyer notices and how important it is to make a positive first impression. If it’s difficult to open or looks dated, time to update! If your front door isn’t in need of replacing, at least paint it and install new hardware. It’ll freshen up the look for your curb appeal. This project yields about a 75% return on investment (ROI).
3. Update Lighting
One of the best investments you can make in your home is to update and add light fixtures. Nothing says “don’t buy” to a buyer more than a dark and dingy home. Buyers want to see sunlight in rooms. If there isn’t enough natural light, create it with new light fixtures. Install recessed lighting to your living room and kitchen to brighten the rooms up. Get in the habit of keeping your window coverings open to let in a lot of natural light. Replace your window coverings if they cause too much darkness in the room.
4. Add Closet Organizers
Additional storage is high on the priority list for potential buyers. The last thing they want to see is a cluttered closet. If your home is short on closet space, enhance the efficiency of what you have by adding closet organizers. This is an easy remodeling project and will impress buyers looking for more storage. Even if you aren’t selling, you’ll enjoy having the extra organization and it will save you time looking for your clothes or other items.
Posted on November 20, 2015 at 4:13 pm by Debby Bright