The real estate market is hot nationwide, and there’s never been a better time to sell your home in Texas. Before you rush to list your property for sale while its value is sky-high, though, consider these ten home upgrades that boost value. If you have the extra time and savings for these projects, you’ll reap the benefits and walk away all the richer.
1. Upgraded Siding
A solid siding not only protects a house from the natural elements, but looks good while doing so. Vinyl and aluminum are among the worst materials to use, as they easily wear down. Instead, opt for fiber cement or stone, which are both reliably durable. Sure, maybe your home is already satisfactory as-is and you don’t see a need to change it. But with an ROI (return on investment) of 80% for fiber cement and 96% for stone, you may want to reconsider adding this to your bucket list.
2. Minor Kitchen Updates
A sure-fire home upgrade that boosts home value is the kitchen remodel. Kitchens are one of the fastest aging rooms of the house, and outdated styles mean less money to pocket. For a quick fix, swap out old fixtures and update the appliances. Don’t stress about going overboard, though. Minor kitchen upgrades actually show you how to have a higher ROI than total remodels.
3. Minor Bathroom Updates
Just like kitchens, bathrooms look outdated rather quickly and could use some retouching pre-sale. The fastest and most effective upgrade involves restoring surfaces, changing the shower head, and installing a new tub. Home upgrades that boost value are only valid when they actually add to the quality of the house, so avoid overly quirky updates that may do more damage than good.
4. Wooden Deck Addition
Especially with the rise of Covid-19, people want to spend more time outdoors. If you have a backyard with potential, an economical wooden deck would attract more buyers and bring you around 72% ROI. Composite decks are the next best option, raking in an ROI of 69%.
5. Upgraded Steel Entry Door
A lesser known home upgrade that boosts value is the steel door. The added security it brings to the home is a selling point, and one worth a slight price raise. According to the Cost vs Value Report of 2020, you’ll get a 69% ROI on the project.
6. Upgraded Garage Door
Yet another overlooked home upgrade is the garage door. If yours has seen better days, try replacing it with a sturdy steel track alternative. Including windows in the door not only makes it look more attractive, but allows the buyer to utilize the room as a studio or home gym, for example. After all, natural light is a major selling point.
7. Bathroom Addition
Unlike a bathroom upgrade, which can be accomplished quickly and affordably, adding a whole new bathroom is a challenge you most likely can’t accomplish alone. The good news is, adding square footage always increases property value, and the number of bathrooms in a house is a make or break deal for people. An extra bathroom appeals to far more potential buyers.
8. Central Heating/Cooling System Installation
These days, almost everyone wants the comfort and convenience of a central air system. Not only will you get a great ROI on the project, but you’ll attract more interested buyers.
9. Landscaped Lawn
First impressions are everything, so investing in some curb appeal is well worth it. To keep it simple, make sure your lawn is watered, mowed, and free of weeds. Bonus points if you add easy-to-maintain flowers and plants.
10. Fresh Paint Job
So simple yet so effective, the paint job is the easiest way to add a few more numbers to your final sale price. Fresh paint makes a home look newer, more put-together, and all around more desirable. Just make sure you’re choosing the right colors before you get started.
Conclusion
It’s ultimately up to you to assess what works best for your situation. If the whole sales process completely overwhelms you, there’s always another option. United Home Offer will buy your home as-is, so you won’t need to stress about updating or repairing a thing.
