You may think high-end upgrades like imported tiles from Tuscany for your entryway or a $10,000 commercial stove would improve the value of you home, right? Maybe not…but some people do. Unfortunately, these costly additions will not pay off when you decide to list your home for sale.
Instead, here are a few updates that are not costly & will add value to your home!
Attic Insulation
Making sure your attic insulation is up to par is important. If its not, 30% of warm air is going out the window. This is an easy project that you can do yourself, and the materials are relatively inexpensive. Also, simply adding caulking around your doors and windows can save you money.
Plumbing Update
An appraiser takes the plumbing into heavy consideration when assigning the value to a home. If your home has rusty iron pipes, you might want to consider replacing them. This may sound like a huge project, but the process for changing out pipes is much easier today. Re-piping is usually done with PEX, which is basically plastic tubing, that can be run through walls like an extension cord. This means less holes and you don’t have to worry about dry-wall flying all over the place.
Engineered or Real Wood Floors
Thanks to HGTV, people are getting educated when it comes to wood floors. They can spot the cheap, laminate floors fairly easy. And according to HGTV, wood floors is a top request for home buyers and renters.
Removal of Popcorn Ceilings & Paneling
Let’s save the popcorn for the movies. Nothing screams “I’m Old!” than popcorn ceilings. Just drywall right over these babies. The same goes for the wood paneling. If you truly like the “wood” look, you can use reclaimed wood and install it horizontally. Fortunately, it isn’t a huge project and not too expensive. This looks amazing and will instantly add value to your home.
Bathroom Updates
Everyone likes a nice bathroom. The great part is that you don’t have to go crazy with updates and renovations. Just minor things like re-grouting the shower, installing some new fixtures, maybe add crown molding and brighten up the room with some fresh paint.
Kitchen Updates/Remodel
If you really want to do updates around the house, the kitchen is by far the smartest place to invest your hard-earned money. I know you’ve probably heard it a million times to add stainless steel appliances, recessed lighting, and -the famous one- granite counter tops to your kitchen. But, what you should really think about is the layout of the kitchen and if it makes sense. How far is your stove/cooktop from the sink? How far is the sink from the dishwasher? Remodeling your kitchen to an open layout with a nice flow is king.
For home improvements that save money, click here!
For tips on how to renovate on a budget, click here!
Are you thinking of buying or selling a home, or have a friend or family member who is? Contact The Pivec Group today by calling 443-692-8800 or visiting our website! We look forward to hearing from you and helping you find YOUR dream home!
