For those who are looking to sell their beloved home, it’s natural to want the best price possible for the place you love. Even if you never had any intention of selling, many of the renovations you made over the years could increase the value of your home. Understanding this potential increase in value as you consider different renovations can help you make the right remodeling decision. 

Kitchen renovations

The kitchen is one of the most important parts of a home considering how much time is spent there. In fact, a minor kitchen remodel can boast a resale value of over $20,000 when it comes time to sell. Making small changes such as refacing cabinets, replacing countertops, or replacing hardware and appliances can all factor towards this value. 

Refinishing older flooring

The flooring in a home can make a massive difference on its overall appearance as well as its resale value. Hard wood finishing is one of the best additions a homeowner can consider adding. While it is more expensive to add in up front, the resale value will make up for the cost should you ever decide to sell. Be aware, though, that refinishing the flooring in a home is one of the most expensive renovation tasks, so should only be done if you have a high enough budget to support the job. 

Adding exterior additions

Making the choice to revamp your driveway or add a deck to your home is a smart choice regarding appurtenance in real estate, so long as you choose materials that are timeless. From creating an aesthetic appeal to increasing the usability of your land, exterior additions can make a serious difference on your aesthetic. 

Replacing exterior windows

While windows may not be the first item that pops into your mind when thinking of things to replace around the home, they can make a major difference. Most notably, by improving the exterior of your home you will increase the curb appeal of your home. This can have a strong beneficial impact on the overall value of your home, with an average improvement to resale value of between $13,000 to $16,000. 

Replace your garage door

Finally, on the same line of thinking as replacing the exterior windows, by replacing your garage door you can increase the curb appeal of your home even more. It’s worth noting that the cost of replacing your garage door can be multi-thousands in cost, and the benefit to resale value is not as much for this addition as others. Therefore, replacing your garage door should be one of the last renovation items you perform unless your current door is quite old. 

Refurbish your outdated home today

Even if you think your home is top-of-the-line, you may find yourself unsatisfied with some of the finishings in and around your home. Taking the time to make renovations can allow you to fix the parts you are unsatisfied with while also increasing the value of your home if you wish to resell. 

Jane