If you’re considering putting your house on the market within the next year or two, you may be asking yourself what you can do now to ensure that your home stands out to buyers in your area. There are many factors that go into considering what type of renovations to do prior to listing, including cost, budget, and return on investment. To help you hone in on what renovations may appeal to buyers the most, we’ve compiled a list of 3 home renovation projects that will make a big impact.
Modernize Your Kitchen
Kitchens are the hub of the home, so it’s no surprise that the state of your kitchen could potentially make or break a buyer putting in an offer. Buyers seeking a kitchen that will fit into their lifestyle will often be looking for modern appliances, functional storage space, and ample countertop or island space.
When determining what design style you want to go with, it’s generally best to keep it classic so buyers can envision the space as their own. Think welcoming, neutral colors and a warm, inviting atmosphere. If your space and budget will allow for it, adding natural light is a great way to open up any room and is especially important in the kitchen.
Get Energy Efficient
Efficiency and sustainability are becoming important features that home buyers are looking for, and for good reason. First, it can lead to lower utility bills by reducing the amount of energy needed for heating, cooling, and lighting. Installing new windows, adding solar panels, and purchasing energy efficient appliances and lightbulbs are all great ways to accomplish this.
Additionally, living in an energy efficient home reduces the output of fossil fuels which can help lessen the bi-product of greenhouse gasses. For buyers who are looking to reduce their carbon footprint, this is a major added bonus.
Add Curb Appeal
First impressions matter, and renovating the exterior of your home is going to be your best chance to give prospective buyers a great one. First, take an assessment of the outside of your home. What’s dated, or could use updating? Replacing or painting garage doors, your front door, and existing siding are options that can make your home look fresh. Consider updating rusty or aged outdoor light fixtures as well.
Landscaping is another major area of interest for buyers. Make sure your yard appears well cared for, and that trees and bushes aren’t overgrown. Adding some interest such as mulch, planters, and flowers can also help make your home shine.
Thinking about putting your house on the market? We have more tips on the blog that can help you prepare your home.