Home prices are rebounding to record highs, which has many homeowners thinking about selling, if not now, within the next couple of years. Despite being a seller’s market, there are probably a few improvements you’ll want to make to ensure you’re able to get maximum value out of your home. So don’t hold off on the improvements! After all, why not get some enjoyment out of them yourself?
Here are the top 5 you should consider:
1. Reinvigorate Your Kitchen
The kitchen is the “money” room. If yours is dated or worn out, there’s a good chance that it will turn off potential buyers. And the sooner you remodel your kitchen, the longer you get to enjoy your new countertops, cabinets, and appliances.
2. Update Your Bathroom
In one survey, 30% of homeowners thought it necessary to update their bathrooms prior to selling their homes. Perhaps yours is cramped. Remember, if you think it needs to be updated, you know potential buyers will think so too. So why not do it now?
3. Upgrade Your Flooring
Take a look at your floors. What condition are they in? Installing the high quality flooring you’ve always wanted not only makes your home more comfortable, but also signals to potential buyers that you take pride in your home.
4. Upgrade Your Home’s Curb Appeal
The outside of the home is the first thing prospective buyers notice. Whether your home needs new siding, a fresh coat of paint, a new driveway, a garage door, or some help with the landscaping, focusing on boosting your home’s curb appeal will go a long way in boosting the attractiveness and resale value of your home.
5. Make Your Home Energy Efficient
If you live in a newer home this probably isn’t an issue you’re dealing with. It’s a whole different story if you’re living in an older home. You’re likely well aware of how much these dated systems are affecting your utility bills and the overall comfort of your home.
As the market becomes more balanced, buyers are going to have more leverage when it comes to asking for improvements such as these. Why not make these improvements now so that you can see some of the savings?