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Friday, September 29, 2023

The Best Home Improvements for Resale Value

At BNW Builders, we like to provide customers with helpful home improvement tips to help you save money and get the most value in your construction projects all while creating a gorgeous living space that you can enjoy for years to come.

But whether you’re mounting a home improvement project with a DIY attitude or you’ve decided to hire a professional company, there are some home improvements that are worth more than others when it comes time to sell your home.

Resale value is a funny thing, you want to put in the time, effort, and money to refurbish the home and make it attractive to buyers, but you also need to be cognizant of the resources you are expending and how that investment can pay off. Luckily, we have some insight into which renovations are best for increasing and maintaining high resale values.

The Bathroom

Most homeowners will focus on the bathroom before any other room because these areas are such an important factor in a potential buyer’s decision to buy the home. But you can get away with some light remodeling and spending less while getting a whole lot for money. This may require you to replace things like the tub, the tiles, and various fixtures to the tune of low five figures. But if you don’t want to spend that much, you can revitalize everything without replacing it.

The Kitchen

While the bathrooms (and the number of them in the property) are a major consideration for any buyer, the kitchen is the most important room in the house for getting that buyer to sign on the line which is dotted. Just be sure to keep your spending down and you can rest assured of getting all of that spend back in a resale. Most remodeling jobs can run about $15,000 to $20,000 on the low end, which means updating the cabinets, the appliances, and replacing outdated fixtures.

The Exterior Landscaping

Too many homeowners tend to ignore the exterior of their homes and that can have a serious impact on a buyer’s decision to purchase the home before they even step inside. That’s because the exterior landscaping says a lot about a property and when it’s unkempt and overgrown, all the prospective buyer sees are more dollar signs to clean things up and make repairs. So, spruce up the outside with bright flowers and shrubs or just mow the lawn and trim the trees for Pete’s sake.

The Windows

Putting in replacement windows can have a big impact on your buyer’s decision to purchase the home. But this project can get pricey depending on how much work you want to have done. Consider which windows you want to replace, based on the size and location of the windows you decide to have done, you could be spending upwards of $10,000 or more. Replacement windows can be ideal for helping to save money on high utility costs, reducing harmful UV rays, and giving the home a refreshed, new aesthetic.

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