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Top 5 Home Projects That Add Value

Posted by Mary Beth Torgerson on Thursday, January 24th, 2019 at 10:44am.

If you’re looking to make some home improvements, it’s always good to choose ones that will offer you the best return on your investment! But what are those? Here are the best home projects to add value to your home: 

1. Make sure your kitchen is cooking

In terms of sale value, one thing that can really make or break a home is the kitchen! The kitchen is thought of as the heart of the home, so if it isn’t up to snuff, it can really devalue your home. But don’t worry—you don’t have to totally overhaul the kitchen. One thing you can work on is giving outdated cabinets a new appeal with a crisp white semi-gloss paint. For a little elbow grease and a bucket of paint, you can totally transform your kitchen. If your cabinets are just way too old to save with paint but are in good enough shape to keep, consider ordering new cabinet doors. Another value-adding update, although a bit more expensive, is upgrading countertops. Check stone supply stores for remnants from other kitchen counter projects. If you don’t need huge slabs of granite for your smaller kitchen, they may have remnants that can get the job done at a fraction of the cost. 

2. Add a bedroom

What do you mean add a bedroom? Well, if you have a den space with a window in your home, you’re only about $1,000 - $1,500 dollars away from a new bedroom by just adding in a closet. If you go from a two bedroom home to a three bedroom home, you’re looking at more resale value in the future, even though you’re not adding on any square footage.

3. Spruce up dated bathrooms 

Bathroom renovations can cost a pretty penny if you aren’t careful. But there are some easy fixes you can do on a budget! First off, take a look at your grout and around the tub for any dingy looking areas or molded caulk. A new line of caulk is a fairly simple task that can make your bathroom look much closer to new. Bleach any dirty tile or grout and consider replacing any broken tile. For a huge transformation without a big budget, replace old vanities with a pedestal sink to offer more space, and consider changing out your faucets for a newer, shinier option. These upgrades aren’t going to cost you a ton, but can really make a great difference in the overall look at feel of your home. 

4. Fix the floors 

This is a big one! If you have it in your budget to replace old carpet, that investment will offer a big return. Buyers these days are looking for hardwoods, but there are also amazing new tile and manufactured wood options that can give you the overall look you want at less of the cost. If that’s not in the cards at all, then definitely invest in a professional carpet cleaning. Your average vacuum isn’t going to cut it. The carpet cleaner can take old carpet and make it look refreshed and new, something a buyer will absolutely want in a home. 

5. Amp up curb appeal 

You know what home project adds the most value according to Remodeling Magazine’s 2018 Cost vs. Value report? Replacing your dated garage door. Everyone says curb appeal is important, but who knew it was that important! Be sure to repaint a chipping front door, spruce up flower beds and clear any clutter away from your front yard. First impressions really count when it comes to selling your home! 

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