Home Improvements That Add Value When Selling a House

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Which Home Renovations Pay Off?

The question isn’t "if" home improvements can add value to your home. It should be "what" home improvements add the most value for your house? Selecting the right renovation can improve the value and appraisal of your home for sale and our home advice experts will help you understand the best place to start.

Through our years of being the top realtor in Brookings, SD, Brookings Home Team has seen the wrong home improvement projects that fail to provide the return on investment (ROI). As your Lifetime Home Support Team, we want any remodeling project you choose to be the best option that helps increase the value of your home for sale. The best-case scenario to really answer what home improvement or remodeling projects add the most value to your house is to discuss them with our team. We have proven systems and processes that have worked for hundreds of satisfied clients. Each home has its own unique opportunities for adding value when you decide to sell. We will evaluate all of your options and discuss the pros and cons of each one so you have the best home advice possible.

Choose the Right Home Remodeling Projects

Every home style is different and requires a specialized approach. To provide the most accurate and beneficial information for possible home improvement projects, we start the process by meeting with our clients. Our professionals evaluate what year the home was built, last completed projects, neighborhood values or comparative market analysis (CMA), and many other areas. Sometimes, the satisfaction of a remodeled room is worth the investment. Finding the newest trend might be worthwhile compared to the future home sale.

Home Improvements for the Kitchen

For starters, let's take a look at the kitchen. Many times, a minor kitchen remodel or touch-ups will help increase your home’s value. For most homeowners, the kitchen is where the most time is spent. As a potential buyer looks at your house for sale, investments in the kitchen area typically pay off. We’ll start by finding out how much money you have set aside. Options exist from a minor kitchen remodel up to a complete overhaul of cabinets and appliances. Home advice for Brookings residents varies depending on the condition of cabinets, countertops, appliances, and flooring. According to a 2020 cost versus value report, a minor kitchen renovation has a higher percentage of the recouped cost as opposed to a major remodel. Again, our team of experts can provide you with a better idea once we’ve seen your home. You might be better off putting a fresh coat of paint and updating the look of your kitchen instead of spending thousands on a bigger remodel. This is an inexpensive way to brighten your home and provide a great first impression to buyers.

Home Improvements for the Bathroom

Next up is bathroom upgrades. As we outlined above, most times the highest consideration goes towards the budget. Knowing what bathroom to start with or what to spend money on will be crucial. The main floor bathroom usually deserves more attention than a child’s bathroom, for example. The master bath should be a priority since it’s a focal point for most homebuyers. Depending on what bathroom(s) you want to invest in, we have some ideas from small bathroom renovations to adding space and spending thousands of dollars. Remodeling for more space starts with demolition and takes longer than finding a new paint color that freshens up the look. Other considerations include new countertops, sink, bathtub, shower, tile, cabinets, lighting fixtures, and more. Before you start, make sure you chat with the experts at Brookings Home Team. If you like to dig in and do the “dirty work” yourself, affordable projects may be your best bet. According to HomeLight’s Top Agent Insights report, these projects can lead to a large ROI when you decide to sell:

  • Deep clean ($167 cost / $1,728 increase / 935% ROI)
  • Declutter ($486 cost / $2,584 increase / 432% ROI)
  • New wood floors ($4,338 cost / $6,555 increase / 51% ROI)
  • Paint home exterior ($2,803 cost / $4,228 increase / 51% ROI)
  • Exterior landscaping ($3,240 cost / $3,892 increase / 20% ROI)

Before You Start Any Major Home Renovations

Of course, there are other home improvements can add value to your home for sale. But the bottom line is kitchen and bathroom remodels dominate when it comes to what to invest in. These two rooms bring you the biggest return for appraisal and resale value. Everyone has different tastes, so don’t dive in too deep without consulting the pros at Brookings Home Team.