Renovations to Make Before Selling Your Home
Nothing inspires home renovation as quickly as the need to prepare the house for sale. But which renovations to make before selling your home and which to skip? It can be pretty confusing to know, as even though many home improvements will help you increase your home's resale value, some are just a waste of your money and time. But don't worry, we've done our research, and in this article, you'll find out which renovations are best to invest in. Not only will you get your home market-ready, but your home's value will increase, and you'll ensure a quicker sale.
Which renovations to make before selling your home?
When selling your home, you would ideally get the highest price in the shortest time. One of the ways to ensure this happens is to invest in specific home renovations. Even if your budget doesn't allow you to invest in expensive improvements, there are still minor changes that can make all the difference. Further in this article, find out which renovations to make before selling your Naperville home.
Change the color
One of the easiest ways to give your home a fresh look is to paint the walls. On top of that, painting is the least expensive home improvement with the highest rate of return of up to an amazing 107%.
One of the cheapest but most effective ways to increase the value of your home is to give your walls a fresh coat of paint.
To make your home appealing to the widest range of buyers, make sure to stick to neutral colors. You can't go wrong with beige, gray, white, or light blue. Also, try to avoid current trends as they can quickly go out of style or simply not appeal to buyers' tastes. For example, wallpaper is something you don't want to invest in.
Whether you decide to do it on your own or hire professionals, make sure to protect your furniture from being damaged while the renovations last. You can always cover them with plastic sheets, but we recommend renting an eco-friendly storage unit. This way, you'll be sure your things are kept in a sustainable way and, more importantly, safe from harm.
Make your home more energy-efficient
Improving energy efficiency in your home can go a long way in increasing its value and attracting more potential buyers. These are the home features Naperville buyers want, so it's always a good idea to invest in them. This can be done in many ways, depending on how much time and money you're willing to spend.
For instance, a good idea is to add insulation to your home. Another extensive renovation you can consider is replacing the windows with energy-efficient ones.
If you have room in your budget, consider upgrading appliances, too. They are great to use for marketing your place and will surely attract many viewers. On the other hand, avoid adding solar panels as they might not interest many buyers due to being a high-maintenance feature.
Remodel your kitchen and bathroom
The kitchen and bathroom might be the two most important rooms in a home, especially when you're trying to sell it. Even if they are in excellent condition, check if there's an opportunity for improvement.
When it comes to your kitchen, there are certain upgrades that pay off but don't cost much. For instance, painting the cabinets or replacing the hardware. In case you want to go bigger, think about adding a new backsplash or buying new counters.
Refreshing your kitchen can go a long way in terms of attracting potential buyers as well as increasing your home's value.
On every potential buyers' list, bathrooms are always rated high. Therefore, investing here is one of the best ways to increase your home's resale value. Of course, you don't have to tear down your bathroom and start from scratch. The key is in making small changes that can make a huge difference:
- Upgrade hardware such as towel racks or cabinet knobs.
- Re-caulk the bathtub.
- Update your vanity.
- Replace the faucet.
- Change the showerhead.
If you want to make a more significant change, you can invest in a new tub or even replace floor and wall tiles. However, don't try to create a luxury bathroom as that will not provide the same return as smaller investments.
The outside of your home matters
The first impression is everything when it comes to selling a home, so you need to pay attention to its outside and find ways to improve curb appeal. It's crucial for attracting buyers and helping you close the deal. However, don't go overboard with investing in curb appeal, as it accounts for approximately 8% of the property's value.
First, make sure to improve the landscape. You can even hire a landscape designer to help, but most of these tasks can be done by you and your family members. For instance, clear weeds, edge your sidewalks and driveway, trim trees and bushes, and fertilize your yard.
Another thing that will make your home look more attractive to buyers is new garage doors. They also bring a great return on investment - on average, it's 98%. A good idea is to change your front door, too. Your home will look more appealing, and it will give a sense of security to buyers.
Update flooring
Another great way to increase the value of your home and boost its aesthetic appeal is to update your floors. The best way to go is to install hardwood floors. They do cost a lot, but they give a great return on investment and are a home feature many buyers want in a home. If you already have them in your home, make sure to refinish them and give them a brand new look.
You can consider hiring a home inspector to thoroughly check your home and let you know if there are any bigger issues that should be resolved.
If your budget is limited, you will probably want to skip investing in such an expensive feature. There are cheaper options that can also make your home look attractive and brand new. For instance, vinyl floors could be a good option, or replacing worn carpeting could do the trick.
Final thoughts
Now that you know which renovations to make before selling your Naperville home, roll up your sleeves and get to work. We wish you the best of luck and a quick and successful sale of your Naperville property!
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