For many homeowners, before putting in the investment to remodel a home, they want to know they can recoup the cost during resale. However, that may not always happen. Before you jump into a full-blown remodel, it's a good idea to consider the cost of remodeling and the value it will bring.
The primary goal is to improve your home so when the time to sell rolls around, you can make your money back or even a little more than you invested. Here are the top three remodeling tips to help you add value to your home.
Not Many People Like Living in a Cave
Add more space by knocking down walls and lighten up rooms where you can. You want to create a flowing atmosphere and enhance natural light. A more open floor plan feels larger and more welcoming. You may want to consider vaulted ceilings to create a feeling of more space or skylights to brighten up your home. It's also helpful to take advantage of the extra space that you have. Turn the guest bedroom you are using for storage into a cute home office or reading room.
Spruce Up the Outside
Clean up your yard, fix chipped paint, repave any cracks in the driveway or sidewalk. When it comes to a successful sale, curb appeal is incredibly important. An inviting exterior may increase the home's value as much as five percent. Consider plants and flowers that are easy to maintain if you don't possess a green thumb. Beautiful furniture and colorful cushions can add a nice pop to a deck. If you have unused space, create a garden to add aesthetic appeal. Or if the budget allows a build a deck with unique features like a fire pit or built-in benches.
Update Your Kitchen and Bathrooms
Bathroom and kitchen remodels can add significant value to your home. However, it's easy to go over budget on these rooms. Keep the cost of materials in mind when selecting new fixtures and appliances. Even a fresh coat of paint, swapping out drawer handles and replacing door knobs makes a difference