5 Renovation Projects That Are Great For Resale

renovation for resale

There are two main reasons why homeowners invest in a home renovation or major redecorating project.

  1. They want to enjoy the results of the new kitchen, bathroom, flooring or other improvement they’ve made.
  2. They hope that the money they spend will come back to them when they sell their home.

So which projects are most likely to increase the resale value of your home? Here are  five renovation projects that can give you the most bang for your renovation buck.

Floors. Old, scuffed or dated flooring tends to get noticed by home buyers.  Regardless of how well the rest of the room is decorated. New flooring can help make any room look larger and definitely cleaner.

Kitchen. When it comes to selling your home the kitchen is one of the most important rooms. The more modern and spacious it looks, the faster your home will tend to sell. That’s why you can expect a large pay back of the cost of a kitchen renovation.

Bathrooms. Who isn’t impressed by a new bathroom with a big shower, lovely tub and new fixtures? Some estimates show that homeowners tend to get a pay back of up to 75% of the cost of a bathroom upgrade.

Closets. Any improvement that makes a closet look roomy and organized tends to result in a pay back of most of its cost. Even something as simple as installing a good closet organizer can have a dramatic effect.

Energy-saving upgrades. In this age of increasing energy costs and environmental concerns, home buyers are drawn to such features as energy-saving windows, lighting, thermostats and more.

Keep in mind that home renovations don’t just have an impact on the selling price of your home, they also help to sell your home faster.



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