Fewer homes on the market are good news for sellers, but you still want to make sure that you are getting as much out of your home as possible. While many people think that this means making significant investments into huge home renovation projects, several simple home improvements can add value to your home.
If you’re thinking of selling your home in the near future, here are a few projects to consider before listing. Keep in mind that many home remodeling companies have higher costs for remodeling projects in the spring and summer months
1. Curb Appeal
First impressions are important, which is why curb appeal plays a major role in your home’s value. You want to make your home inviting, so make sure you give your home’s exterior a bit of TLC. While you could invest in a major project like a new roof or siding, house painting, smaller projects make a big difference.
Opt for a new coat of paint to make your home look fresh. Also, make sure to keep your lawn trimmed and your flower beds lush and weed-free. Another simple fix is to make sure all clutter is carefully stowed away in a shed, garage, etc. The appearance of the outside of your home is what will make buyers stop or drive on by, so make sure to make the curb appeal a priority.
2. Entry Door
Your entry door is one of the first things someone notices about your home, so it should be memorable. If your current door is looking dingy, consider giving it a fresh coat of paint.
Currently, homes with darker-colored front doors, such as charcoal, are selling for a premium. However, if you really want to add value, invest in a steel entry door.
Given their durability, energy efficiency, low maintenance, and added security, many buyers are willing to make a higher offer when a home has a steel entry door. While they can be pricey, it is estimated that homeowners can recoup around 65% of their investment.
3. Landscaping
Everyone enjoys spending time in their backyard when it is well designed and functional. A well-designed yard can make a significant difference in your home’s value, sometimes adding up to 20%! When it comes to landscaping, make sure the area is cohesive and well thought out, using the proper materials.
You don’t need to invest in big custom projects. Instead, focus on things like keeping your lawn green, making sure your property has proper drainage, hiding irrigation lines, installing adequate lighting, and planting a mix of plants for different seasons. Make sure you go in with a plan to keep your yard from looking disjointed. If you are unsure of which direction to go, consider hiring a professional landscape designer.
4. Garage Door
This home improvement project is easy to overlook but can give you a massive bang for your buck! Many homeowners go about their day-to-day lives without considering the state of their garage door, but it’s a major concern for home buyers.
Replacing your existing garage door with a new one is a relatively easy, low-cost project that can add thousands of dollars in home value. Therefore, this project should be at the top of your list of priorities.
Plus, it will also help keep your home looking updated and improve your home’s curb appeal.
5. Energy-Efficient Windows
Replacing your windows can be overwhelming and adds up quickly. But, the value added to your home makes it worth the hassle. Deciding on which windows to install will depend on the style, your budget, and whether or not you want energy-efficient windows.
While all window replacements will give you a sizeable return and add value to your home, you’ll realize the most benefit from choosing energy-efficient windows due to home buyer demand.
Just make sure you purchase windows that have the right features for your climate and fit in your budget. Because this is a bigger ticket item, make sure you get quotes from multiple vendors to get the best value for your money.
Which One Should I Pick?
Kitchen and bathroom remodeling is another type of home improvement that adds value to a home, but it’s more expensive because of the costs of materials and labor. When deciding which home improvement project to pursue to add value to your home, you must proceed with caution.
Not all home improvements will give you the return that you expect. To help you decide, look at similar properties in your area in your desired selling price range. Comparing your home to these other homes will give you an idea of how to improve your home to bring in a better offer.