Your home is most likely the biggest investment that you have. Upgrades can boost your home's value and help it sell faster. However, not all renovations will have an equal impact on the value of your home. To make sure that you get the best value for your upgrades, the renovations listed below will give you some ideas on which upgrades will give you the best bang for your buck!
1. Improving energy efficiency
Out of all the upgrades, improving your home's efficiency will make the biggest difference. Some examples for improving energy efficiency are H-VAC, water heaters and windows. Feel free to contact Blue Horse Construction in Denver for energy efficiency advice.
2. Sprucing up the exterior of your house
Curb appeal counts the most and will attract real buyers by providing a good first impression. Making changes to the exterior doesn't have to cost a fortune. Curb appeal can be improved by just power washing the outside of your house or painting the front door. Improving the house's landscaping can give you a 100% return on your investment for money spent. Some simple ideas for improving your landscaping are refreshing mulch, trimming shrubs and planting colorful flowers. Making larger upgrades to your home's exterior can also pay off. You can recoup approximately 93% on the amount spent on adding stone veneer and 91% for a new garage or entry door. Call Blue Horse Construction in Denver for free quotes and advice on exterior work.
3. Kitchen remodels
Kitchens are the number one selling point in any given home. It will certainly pay off to remodel your kitchen. You don't have to install the most expensive appliances. If the seller needs to choose which part of the house to update, the kitchen is definitely the room to choose. A kitchen is the focal point of the home. Having a new modern kitchen will make the difference between an average offer and the maximum. The majority of buyers list a kitchen as the most important room in the house and a potential buyer might be more forgiving to other outdated areas in the house. Blue Horse Construction in Denver will help you build your dream kitchen.
4. Bathroom remodel
Next to kitchens, bathrooms are the number two selling points in a home. You don't have to spend a fortune to make big upgrades. Changing a plastic tub to a tile shower is a great idea and could give you a huge advantage when a potential buyer is viewing homes at a similar price point.
5. A New coat of paint
Painting your home's interior is one of the cheapest updates and has one of the best returns on your investment. Sellers don't realize how much abuse walls take during ownership. New paint makes a house feel fresh and clean. Painting the interior can produce a 109% return on your investment. When painting the interior choose neutral colors. Neutral colors will not make a statement and will appeal to a larger pool of buyers.
6. Upgrade flooring
Upgrading flooring can make a big impact on potential buyers.The least expensive way to get your home ready to sell, is to put a coat of neutral paint on the walls and lay new carpeting or flooring. It is a good idea to add hardwood flooring to your home as buyers place a huge value on hardwood flooring. If money is an issue, focus on replacing floors in public areas including kitchens and living rooms. Opt for carpet in the bedrooms. Blue Horse Construction in Denver is an expert when it comes to laying hardwood flooring.
7. Increase your square footage
A home's value is strongly driven by the amount of livable square footage. The best investment and return for upgrades is always adding square footage to your home. If you are the only two bedroom house in the area, it could be hard to sell your house without adding a third bedroom. The same applies to being the only one bathroom house in your area and you would be well advised to add another bathroom. Always be sure to pick a reputable contractor to do quality work for you. Blue Horse Construction in Denver does quality work and is a reputable company.