Renovating your home can increase its property value. About two-thirds of homeowners choose to renovate their homes before selling to increase the resale value. This can be a fun project, but which rooms should you focus on? Depending on your home’s layout, you might want to focus on different spaces. But some general tips can help you decide which room to renovate first. Here are the rooms you should renovate immediately for higher property value:
1. The kitchen
The kitchen is often considered the heart of the home. It’s a gathering place for family and friends. A well-designed kitchen can increase your property value by up to 4%. This is because the kitchen is where potential buyers spend most of their time. They want a kitchen that is both functional and beautiful.
When renovating a kitchen, you must first focus on the layout. Potential buyers want a kitchen that is open and inviting. They also enjoy plenty of counter space and storage. You will need to reconfigure the layout if your kitchen is small and cramped. This might involve opening up walls or moving appliances.
It would be best if you also focused on the cabinets and countertops. Replacing old, dated cabinets with new ones can give your kitchen a fresh look. You might also want to consider upgrading the countertops. Granite or quartz countertops are always a good choice. They are modern and stylish but also timeless and durable.
Additionally, it would be best if you focused on the appliances. Installing new energy-efficient appliances can help you save money on your utility bills. It can also make your kitchen more attractive to potential buyers. Look for devices that are both stylish and functional.
2. The bathroom
The bathroom is another important room in your home. A high-end bathroom remodeling project can increase your property value by up to 3%. This is because potential buyers want a functional and relaxing bathroom. Many buyers are willing to pay more for a home with an updated bathroom.
It would help if you started by updating the bathroom fixtures. These include the sink, toilet, and shower. If your fixtures are old and outdated, they need to be replaced. A simple cleaning to make them shiny and new can also be a good option. But if they are genuinely outdated, you will need to replace them.
When it comes to the shower, potential buyers want one that is large and comfortable. They also want a shower that is easy to clean. Molds, mildews, and soap scum can make a shower look dirty. It would be best if you also focused on the tile in the shower. Cracked or chipped tiles will need to be replaced. If the tile is in good condition, you might be able to get away with a simple cleaning.
Of course, you should also focus on the bathroom floors. Potential buyers want to see beautiful, clean floors. Clean and polished tile floors are always a good choice. But you might also consider other options, such as hardwood or laminate.
3. The bedroom
Where potential buyers spend most of their time will also dictate which room you should renovate first. The bedroom is one of the most important rooms in your home. A beautiful bedroom can increase your property value by up to 2%. It offers potential buyers a place to relax and escape everyday life’s stresses.
When renovating a bedroom, you should start with the bed. This is the focal point of the room. Potential buyers want a bed that is both comfortable and stylish. A new headboard can make a big difference in the room’s overall look. It would be best if you also focused on the bedding. Choose sheets and blankets that are both comfortable and stylish.
The walls are also necessary. Potential buyers want to see walls that are free of cracks and holes. You should also paint them a neutral color. This will help potential buyers envision themselves living in the space.
Finally, focus on the floors. Potential buyers want to see floors that are clean and in good condition. Hardwood floors are always a good choice. But you might also want to consider other options, such as laminate or tile. Carpet is not as famous as it once was, so you might want to avoid it because it could turn potential buyers off.
These are the three most essential rooms in your home to renovate for higher property value. Focusing on these areas can make your home more attractive to potential buyers. You can also increase the overall value of your home. So, if you plan to sell your home soon, make sure to renovate these rooms first. You can also ask a real estate agent for more tips on increasing the value of your unique property.