Improving your home can do many good things for it and you. It can be more energy-efficient, more beautiful, and more pleasant to live in. Another benefit to home improvement is increasing the value of your home. If and when you do decide to sell your current house, you would naturally like to make a profit. This is especially true if you buy homes for the purpose of flipping. In that case, increasing the value is the goal. Without a solid ROI, the whole prospect of flipping is pointless. Tracy Wood, a realtor who has many Catalina Foothills homes for sale, knows the importance of home improvement projects. While there are many things you can do to improve your home, these seven are proven to be the most effective at increasing its value and raising your ROI.
1. Install Hardwood Floors
2.Do Some Kitchen Remodeling
Updating the kitchen before putting your home on the market is always a good idea. The kitchen is the room where people cook, eat, and sometimes gather to socialize over coffee or other beverages. Buyers put a lot of stock in the look and feel of the kitchen. This applies to Catalina Foothills homes for sale or houses on the market anywhere else. You don’t have to gut the kitchen and rebuild it from scratch, but updating cabinets, countertops, and backsplashes can make a big difference to the appeal of a kitchen. New appliances are also a good investment.
Installing new flooring and a fresh paint job will also work wonders. Don’t forget lighting. A bright kitchen is always appealing. The money put into updating the kitchen can lead to a nice boost in your ROI.
3.Upgrade the Windows
4.Remodel the Bathrooms
Bathrooms are another room that buyers will look over carefully. In addition to the number of bathrooms, people viewing your home for sale will want bathrooms that look clean, fresh, and appealing. Large showers and tubs are features that buyers are looking for. Retiling walls and installing new flooring can make a huge difference to the look of a bathroom. A new sink, vanity, and faucets also update a bathroom’s style to appeal to potential buyers. Don't forget lighting and mirrors; they add brightness and can create a feeling of more space. Do some remodeling in each of your bathrooms. It can all add up to a higher sale price.
5.Install a New Front Door
Whether discussing Catalina Foothills homes for sale or houses on the market anywhere in the country, curb appeal is a major factor. You want potential buyers to pull up to your home and become immediately attracted to it. Although it’s just one part of the exterior, the front door can have a major impact on the look of a house. The color, material, and style of the door are part of the entryway to a house. You want it to look inviting yet secure. A front door that insulates against outside weather conditions also helps save on energy bills. The money spent installing a new door will certainly be recouped by what it adds to the selling price.