Is it time to sell your current home? If so, you want to be sure you sell for the best price possible. To do that, you will want to consider a few home repair projects or remodels and upgrades to increase the value of your home. Any home upgrade or remodel is a good idea but there are some that are better than others when it comes to selling your home. Here are some DIY home repair projects to help increase your home’s value:
#1: Kitchen Remodel
The most important room to most prospective home buyers is the kitchen. We recommend first focusing on remodeling or updating your kitchen before moving on to additional projects. You should remove wallpaper and paint for a more modern look. You should also replace or paint your kitchen cabinets.
Another good idea is to replace your countertops. This is not a cheap project but the update will return value at the time of the sale. Also be sure to update all of the lighting in the kitchen and deep clean the tile floor and grout or replace the floor if needed.
#2: Refinished Hardwood
Hardwood is the more popular flooring choice in 2017. If you do have carpet in your home, you need to hire a professional carpet cleaning service at a minimum to deep clean the carpet before your open house or the arrival of buyers, otherwise, we recommend tearing out the carpet and refinishing the hardwood floor beneath. If there is not hardwood floor beneath, you could install hardwood floor to return significant value after the home is sold. We recommend hiring a professional to install hardwood floor.
#3. Bathroom Remodel
The second most important room (or rooms) is the bathroom. Deep clean the tile in the shower and grout the tile too. You should also grout the tile floor and deep clean it. Replace the toilet if it is dirty or worn down and consider replacing the lighting as well as the vanity to a more modern style that is popular in 2017.
#4. Update Lighting
Outdated lighting fixtures are a major turnoff to new home buyers. To install new lighting and fixtures is not too expensive and it will create a warm feeling for potential buyers. You should also consider building one or two skylights in rooms where it would make sense to do so. Natural light is a strong selling feature in homes.
This is the easiest and cheapest way to increase the value of your home. You should paint all the rooms in your home and especially rooms that have bold colors or murals. Opt for a traditional tan or cream color that won’t be overwhelming to the new buyer. If the paint looks nice enough, the buyer might feel as though they don’t need to paint when they move in. Sometimes the less work a buyer feels the need for, the more likely the buyer will choose that home.
To replace siding or a roof or windows is a major expense. But if the home inspector tells the buyer that they will need to update those elements of the home immediately after purchasing it, it could lead to them opting out of buying it or you being require to repair the roof as part of the sale. If you complete the projects ahead of time you can price them into the home and return value from it.
The same can be said for furnaces, water heaters, air conditioners, etc. If you don’t think your utilities will pass an inspection, update them before listing the home to price the upgrade into the cost of the house.