If you’re planning on selling, or are currently selling, your house and want to get top dollar for it, here are 8 home improvement tips that will bring you the most return on your investment.
- Replace the cabinet doors and drawer faces on all the cabinets. The Kitchen is one of the most popular rooms in your home. Old, worn or outdated cabinets can be a real deal-breaker. Replace them and your kitchen will instantly look 100% better. If you’re handy, you can order your own replacement cabinet doors and drawer fronts from Lowe’s or The Home Depot and install them yourself.
- Replace the kitchen sink and faucet, upgrading to a larger and newer style. Anyone who spends a lot of time cooking knows the value of a larger sink with a modern, multi-functional faucet. This is best left to the professionals but still can be done for under a grand.
- Update the master bathroom. Nothing turns off buyers more than a master bath that is outdated. A new pedestal sink, modern low-flush toilet and a new linoleum floor will greatly enhance the master bath’s appeal to any potential new homeowner. In some cases you can even install the ne linoleum floor directly over the old, saving time and labor charges. Re-grouting the tile and replacing any chipped tiles is an easy way to enhance the appeal also.
- A new, prefabricated tub and shower surround can do wonders. If the shower and tub are older and looking a bit abused these one-piece units can do the trick. They may require professional installation but can still be cheaper than paying to re-tile walls and refinish a worn tub.
- Increase your storage area. Many older homes suffer from a lack of storage space. Do-it-yourself wire and laminate closet systems can be used in bedrooms, pantries and entry closets to add a new feel to them and increase space substantially. Most closets can be updated in a weekend or less, making this a great quick-fix.
- Put a Closet in the Den for an extra bedroom. Many homes have a den that is rather small and unused. Turn this space into a bedroom by adding a closet and voila; your 3 bedroom is now a 4 bedroom, increasing the value exponentially. A local handyman can usually do this in less than 3 days for under $1000, but check first and get a price quote to be sure.
- Hire an expert to check the plumbing and electrical systems. One of the worst things that can happen when you are showing your home is that something isn’t working. Worse yet, that there are non-functional outlets, leaky faucets, or an AC unit that doesn’t work. Hiring a professional plumber and electrician to do a thorough and check these systems thoroughly will cost much less than a grand but may uncover problems that will kill the sale of your home. Better yet, once problems are found get them fixed and get a detailed receipt showing what was done. If a buyer asks, you look like the hero for taking such good care of ‘their’ new home.
- Replace the carpets. One of the first things a potential buyer sees is the carpeting in your home. If yours is worn and discolored replacing it is a no-brainer. Depending on how many rooms need this it may cost more than $1000 but if only a room or two are suffering it is well worth the investment.
Although it’ll cost you a bit of money upfront to fix up and prepare your house for sale, in the long run it will pay you off financially and will likely sell quicker.