Which home improvements will add value to your home when the time comes to sell?
The answer is: “Only the ones that future buyers will also want and be willing to pay for.”
As a general rule, choosing the functional over the merely cosmetic and choosing neutral over unusual or exotic will pay at resale. Taste and design trends change and odds are your home could use a lift here and there in order to appeal to today's buyers.
Which updates will add the most value to your home?
- Updates that increase usable space (an extra bathroom, larger and/or upgraded kitchen, master bedroom suite, more closet space, conversion of unused space to a home office).
- Updates that will lighten and brighten your rooms (white or light color paint and floor coverings, hardwood, larger windows, French doors).
- Updates that will enhance or increase your outdoor space for entertaining (deck, patio, fire pit, garden, walk-ways).
- Updates that will increase privacy and security (fencing, landscaping).