Are you thinking about renovating your home to increase its resale value?
If so, there are five spaces in your home you can renovate that will make your home more appealing to buyers and allow you to increase your home’s value and sale’s price once you are ready to sell it.
1. Kitchen Upgrade
The kitchen is one of the most important rooms in your home when it comes to what sells. Therefore, remodeling your kitchen to increase your home’s resale value is a good idea. Remember to keep the style and color scheme simple and neutral to appeal to as many people as possible. Avoid extreme, exotic looks, open up the space as much as possible, go with granite or quartz countertops, and don’t forget to add some convenience features such as a pull-out pantry, under-cabinet lighting, functionality, and overall storage solutions, etc.
2. Bathroom Update
Most people spend a great deal of time in the bathroom throughout their lives. Therefore, remodeling your home’s bathrooms will also help with its resale value. Choose neutral colors for a clean look, then remodel with functionality and storage in mind. Additionally, ceramic tile, stone, or concrete floors are best for resale. You might consider adding some Wow features such as heated floors, modern lighting, adjustable or rain showerheads. Also, if you have small bathrooms make them bigger.
3. Finish or Renovate the Basement
Renovating or finishing out a basement is a great way to add usable square footage to your home. You can add additional bedrooms to the basement which will help increase the resale value of the home. Your basement renovation could also include a game room, home office, additional storage, or entertainment space. Talk with your local Kane County remodeling contractor to find out what buyers in the area are looking for in a basement remodel.
4. Adding a New Deck or Renovating an Existing One
Outdoor living spaces are all the rage and adding a new deck or renovating the one you have is a great way to increase your home’s resale value. When people see a freshly remodeled deck, they immediately envision themselves having family barbeques, birthday parties, and entertaining their friends, etc. And the best way to sell your home is to have buyers envisioning themselves already living there. That’s a great return on a comparatively small investment.
5. Refreshing Your Home’s Exterior with New Siding and Stone Veneer
When buyers look at home, they look at how much money it’s going to cost them now and going forward. They also look at how much time and maintenance are going to be required to maintain that home. By refreshing your home’s exterior with new siding and stone veneer, a buyer is going to see years of maintenance-free living that will likely cost little to nothing in repairs, which in turn, will help you sell your home faster and for more money.
What’s Next?
If you want to learn more or would like some cost information, please Contact Ken Spears Construction in Kane County, Illinois today. Alternatively, you can download our free Home Remodeling Cost Guide that will give you all the information you need to make an educated decision about whether or not you should renovate your home to increase its resale value.
