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5 Ways to Boost Home Resale Price

October 12, 2021

Remodeling your home can be quite an undertaking, but if you are a homeowner seeking to increase the resale photo through your house, here are five worthwhile investments you should consider.

One of the most important renovations is upgrading bathrooms with all new appliances and overall atmosphere. Homeowners can add around $50,000 to the value of their home just through fully renovated bathrooms. This investment usually provides over 50% in fiscal returns. 

An often-overlooked aspect of selling a home is curb appeal. Many sellers are so focused on the basic aspects of the home that they forget to appeal to buyers' senses, emotions, and atmospheric preferences. Landscaping can catch the eye of buyers and help them envision their potential life in a home. These changes are less costly than many interior and exterior home upgrades. 

In terms of upgrades that do not cost a lot but provide high returns, new garage doors are at the top of the list! This small touch prevents buyers from feeling that the house is outdated and run-down. 

If there is one thing people love in Southern California, it is a home with regulated temperatures. Replacing the siding on the home exterior helps insulate the house, helping buyers save money on electricity and especially helping them feel more comfortable in the home. 

The final and possibly most valuable upgrade for increasing your home's resale value is a kitchen remodel. There is nothing better than walking into a brand new kitchen with gleaming appliances, modern backsplashes, great common space, and more. According to USA Today, "owners can expect to recoup 72.2% of their investment for a minor kitchen remodel". Talk about a worthwhile project!

Now is a great time to sell a home, so this could be your sign to get started on value-adding projects.


Source: https://eu.usatoday.com/story/money/at-home/2021/10/06/home-improvement-boost-value-your-house-these-renovations/6002264001/

If you are looking to buy or sell your home, contact Suzanne Dyer at 310-528-7480

Berkshire Hathaway HomeServices California Properties

CA DRE license #01054310 

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