5 of the Best Interior Upgrades to Add Value to Your Home

If you’re thinking about selling your house, you probably want top-dollar. But does your home need any renovations? If you are able to take care of the renovations, you could fetch a good price on the sale. And, if you’re looking for inspiration for the best interior home renovation ideas that will increase your home’s value, this article is for you!

Sellers are aware that most home buyers don’t want to do a bunch of renovations and work to a house they are going to buy. If you don’t do any renovations (if your house really needs it), you will have to sell “as-is” meaning that you most likely won’t be able to sell for top-dollar. If you do plan to sell soon, you could benefit from a remodel or doing just a few basic upgrades. If the housing market is too crazy at the moment, you might consider remodeling and staying in your current home for a few more years before deciding to buy again.

Most buyers in today’s market are looking for homes that have a sleek, modern aesthetic, open floor plan, and lots of natural light. Many older homes need renovations to help meet these demands. The key to a successful remodel is careful planning and consideration to avoid massive overhauls and keeping costs as low as possible. Focus on functionality over luxury if you want to keep costs down. The more you spend to upgrade an area, the harder it gets to earn back as much on your ROI.

1- INSTALL OR REFINISH HARDWOOD FLOORS

It shouldn’t come as a surprise that hardwood floors are one of the most desired types of flooring out there. Wood flooring has been popular for many years and continues to add value to homes. Do you have old, dingy carpet anywhere? Consider replacing with hardwood. Yes, it can be costly, but this is money well spent and will definitely add value to your home’s overall worth. Which bring us to….

2- REPLACE OLD CARPET

Hardwood can be expensive. So, if you can’t afford to install any, consider ripping up that old carpet and replacing it with new carpet. Old carpet is a huge turn-off to buyers. Dirt and stains are visible and do not give off a good visual. Smells can also linger in carpets so if you’ve had pets, chances are, the smell of them are in the carpets. It’s less expensive than flooring and not as durable as wood but it is much easier to replace.

3- PAINT THOSE WALLS

Painting your interior walls is an easy way to add some value to your home. Most homeowners can do the work themselves and paint is relatively inexpensive in comparison to the costs of other upgrades. You probably have some accent walls painted a certain color or let your kids pick out their own color for their room. We suggest painting everything in a neutral tone.

Wondering why? Because even though you may LOVE that cerulean blue wall, it may be a turn off to buyers. It makes it harder for buyers to envision their own stuff there. Darker colors can make a room look smaller too. Lighter, more neutral palettes will appeal to a wide range of buyers. It will help the rooms feel fresh, emphasize the natural light, and allow your buyer to imagine what their belongings will look like in the space.

4- UPDATE THE KITCHEN

As far as interior renovations go, the kitchen may be the most valuable upgrade you can do. Most buyers want a kitchen that’s already been updated so they don’t have to worry about updating it before they move in. It’s often one of the first things buyers want to look at so it’s definitely something you want to consider.

There is a wide range of possibilities when it comes to a kitchen remodel. You must decide how much of the kitchen needs to be replaced. For example, the cabinets may be fine. You could paint them (or refinish) to update or just change out the knobs or handles for a cheap easy update. What about the counters? What condition are they in? You could add granite countertops if they need to be replaced. The appliances are what is the most important. The most valuable updates you can make are to get new stainless-steel sink/faucet, dishwasher, refrigerator, and stove/range. A nice, upgraded kitchen can add a significant amount of value to your home’s worth.

5- UPGRADE BATHROOMS

You don’t have to spend a ton on a bathroom remodel to add value to your home. It’s a smaller space and there is a lot you can do to make it look really nice. Painting, updating the fixtures, toilet, and lighting can be affordable. You could also replace the countertops, cabinets, and bathtub/shower if you have the money. When you go to sell, we suggest using a white shower curtain because it opens it up and makes it feel airy and fresh. Bathrooms have the second-highest rate of ROI, behind kitchen so you’ll want to put some thought into updating your bathrooms.

CONCLUSION

We know that the thought of selling is stressful but now you have to think about remodeling too? Trust us when we say that doing some upgrades on your home’s interior will go a long way in getting you the best price when you do sell. If you are looking to sell in Southwest Florida, don’t hesitate to reach out to us today.