Do you ever wonder if it’s really worth the extra cash and time it takes for home renovations?
There are a handful of home upgrades that have been proven to sell your home much faster and add more value to it.
Today we will cover the most popular home renovation trends for 2018 and how much value they will typically give your home!
According to HGTV.com, “in the hottest housing markets, springing for a kitchen or bath remodel is a sure-fire investment, often returning more than 100% of the cost!”
The kitchen is one of the most expensive areas of the home and where people spend most of their time. So it’s no surprise that U.S. News reported that putting even just a minor remodel in the kitchen is considered one of the top 5 renovations that brings the greatest percentage return on investment.
Below are some of the top kitchen remodel trends and how much value they add to your home.
Subway Tile Backsplash:
Homes that had a trendy subway tile back splash sold on average for 7% above expected value and 63 days sooner!
Purchasing new appliances can cost anywhere from a couple hundred dollars to a few thousand.
Swapping out your outdated appliances for brand new energy efficient models has been proven to peek the interest of buyers and boost the value up on your home. Buyers don’t have to worry about the trouble of going out and purchasing new appliances any time soon. Plus, the look of brand new appliances during home tours looks pretty impressive as well.
On top of that, Energy Star-rated appliances are much better for the environment and in the long run save you money. Potential home buyers are always looking for ways they can save money when shopping for a new home, so this comes as a major bonus for them.
Farmhouse sinks have been a popular trend for quite awhile. If you plan to sell your home in the near future, homes with this kitchen feature sell on average 58 days faster than expected!
A Farmhouse sink was considered one of the smartest kitchen upgrades, according to Trulia.com.
Good lighting completes a room and can actually be a pretty affordable upgrade. Adding some bright and beautiful pendant lighting adds charm and major value to each room.
Giving the bathrooms a good face lift before selling is a really smart move. It is totally doable to freshen up the space without breaking the bank!
A bathroom remodel will almost always give you a great return at resale.
Nisbetbroswer.com gave a great example, saying:
Below are some more price enhancing bathroom features from housebeautiful.com
Landscaping can literally transform the way your house looks. Potential buyers judge the book (house) by its cover. The curb appeal is the first thing they see driving by or scrolling through listings on their phones. You don’t need to create a backyard paradise or have the best front yard on the block – but simple and beautiful modern touches makes all the difference.
Here’s what The Washington Post says about return on investment for curb appeal and how to improve your current landscape!
Here are some other articles that teach how to add spectacular curb appeal to your home:
Some other miscellaneous upgrades that boost your home’s value include:
– Roof repair
– Neutral paint throughout the home
– Plumbing and electrical maintenance
– Adding a deck. HGTV claims that homeowners recoup 65%-90% of their investment by adding a deck.
– Energy efficient windows and insulation
– Adding an attic, basement, casita, or bathroom
Which home renovation do you want to tackle next? We hope this article gave you some great ideas!
Tell us in the comments what you learned or any questions we can help answer.
Thank you for reading, until next time!