List Of 5 Home Renovations That Provide The Best Resale Value
Many homeowners believe well-planned kitchen and bath remodels yield the highest returns at resale. However, what they may not know is that there are smaller remodeling projects that can add a significant resale value without a large amount of initial cash output.
1. Roof inspection and repair
Installing a new roof is expensive and won’t reward you with a dollar for dollar increase in resale value. However, repairing an existing roof is a fabulous way to add extra value without putting forward a lot of initial cash. Some expert Denver roofers suggest having a formal roof inspection performed upon placing your home on the market to reassure buyers of the quality of the existing roof.
2. Garage door replacement
Replacing your garage door is a great way to add resale value. Perspective homeowners want to know that the garage door works quietly, efficiently, and is programmable for quick opening. Additionally, consider getting garage door screens that will allow new owners to have the garage door open without bug problems.
3. Window Replacement
Replacing windows can be tricky but could be worth the cost. This is particularly true as the government offers some tax rebates for improving home energy efficiency. Look for energy star windows that offer rebates and are an affordable price to maximize your resale value.
4. Improve curb appeal
There are two major ways to improve curb appeal. First is to invest in your exterior entryway. A solid steel door, fresh paint, and lights can really catch a buyer’s eye. The second way to improve curb appeal is through landscaping. Well-placed plants, a full lush lawn, and well-trimmed trees go a long way towards resale value.
5. A thorough cleaning
One of the most inexpensive ways to boost the resale value of your home is by giving it a thorough cleaning. You want a spotless, organized home that is free dust, dirt, and debris. The same holds true for the exterior of your home. Invest in a power washer and clean places such as your driveway and garage door to ensure the exterior of your home looks new and well maintained.
Trying to boost the resale value of your home doesn’t have to cost you a lot of money. Instead, look to little things that take small investments to maximize the cash output to resale value ratio. Things like cleaning, simple repairs, and a fresh coat of paint maybe all that is standing between you and the maximum resale value.