7 Home Projects That Will Get You More Money Back at the Closing Table

Jan 8, 2024
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Are you planning to sell your home soon? If so, you’re probably thinking about ways to increase its value and maximize your return on investment. While major renovations can be time-consuming and expensive, there are several smaller projects you can tackle that will help you get more money back at the closing table. In this blog post, we will discuss seven home improvement projects that are worth considering before putting your house on the market.

Curb Appeal Matters: The first impression your home makes on potential buyers is crucial. Enhancing your curb appeal can greatly impact their perception of your property. Consider painting the front door, installing new house numbers, updating the landscaping, and adding outdoor lighting to create an inviting and attractive exterior.

Kitchen Upgrades: The kitchen is often referred to as the heart of the home and is a key selling point for many buyers. While a full kitchen renovation might not be feasible, small updates can still make a big difference. Consider resurfacing cabinets, replacing old hardware, updating light fixtures, and installing a new backsplash. These changes will give your kitchen a fresh, modern look without breaking the bank.

Bathroom Refresh: Bathrooms are another area where updates can greatly increase the perceived value of your home. Consider replacing old faucets, showerheads, and towel racks. Invest in new bathroom fixtures and replace any outdated or worn-out items. Additionally, a fresh coat of paint and new linens can instantly refresh the space and make it more appealing to potential buyers.

Energy Efficiency Enhancements: Today’s homebuyers are increasingly interested in energy-efficient features. Consider installing programmable thermostats, updating insulation, sealing any air leaks, and replacing old windows with energy-efficient ones. These upgrades not only attract buyers but can also result in long-term cost savings, making your home more appealing to them.

Flooring Updates: If your home has worn-out or outdated flooring, replacing it can have a significant impact on its overall appeal. Hardwood floors are particularly popular among buyers, so consider installing them in the main living areas. Alternatively, if you have carpet, professional cleaning or replacement may be necessary to give your home a fresh and clean look.

Smart Home Technology: In today’s digital world, homebuyers appreciate the convenience and security offered by smart home features. Consider installing smart thermostats, carbon monoxide detectors, doorbell cameras, and smart locks. These additions not only make your home more appealing but also show potential buyers that you have invested in modern technology.

Fresh Coat of Paint: Painting your home is one of the most cost-effective ways to transform its appearance. Neutral colors appeal to a wider range of buyers, so consider repainting any rooms with vibrant or outdated colors. A fresh coat of paint can make your home feel cleaner, brighter, and more modern – all qualities that buyers look for.

By investing your time and money in these seven home improvement projects, you can increase your chances of getting a higher offer at the closing table. Each of these upgrades will make your home more attractive to potential buyers and allow you to recoup some, if not all, of your investment. Remember, selling a home is a competitive market, so making these improvements will help your property stand out and leave a lasting impression on buyers.

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