5 Best Home Upgrades That Add The Most Value To Your Home

Is it time to renovate your home?

Are you wondering what home improvements add the most value?

Most buyers are looking for homes that have a modern feel with an open floor plan and lots of natural light. The key to doing any remodel is to try to keep costs down. You’ll want to focuse more on functionality, rather than on luxury. The more you spend to renovate an area, the harder it becomes to earn back as much on your return on invest.

1- Updating the kitchen – the kitchen may be the most valuable home renovation you can do. Buyers often look at the kitchen first when purchasing a home. They want a kitchen that’s already updated so they don’t have to worry about remodeling after moving in.  The kitchen is the heart of the home. So this is a great place to get a high return on your investment. Focus on painting, countertops, cabinets, hardware, flooring, new appliances, or replacing the sink / faucet.

2 – Upgrade your bathroom – adding a master bathroom has a very big rate of return. If you don’t have the option of creating a master en suite, replace the light fixtures, cabinet, toilet, or flooring.

3- Refinish or Install Hardwood Floors – Hardwood floors are one of the most popular and desired types of flooring. It has been popular for many years and continues to steadily add value to homes.

4 – Replace Old Carpet – Old carpet is a big turnoff to home buyers as it stores dirt and shows stains.  Replacing your carpet is one of the easiest ways to make your home look and smell new again. Carpet is much less expensive than hardwood flooring.

5 – Paint The Walls in a Neutral Tone – Painting rooms is an easy way to add value and is very inexpensive in comparison with other upgrades. Stick with lighter, more neutral palettes that will appeal to a wide range of buyers and help make the room feel bigger and brighter.