Which Parts Of The Home Best Boost Your Resale Value?

There are plenty of good and valid reasons to want to improve your home. Aside from the lifestyle improvements they can offer, there are other practical reasons for an upgrade, too. If you’re looking to move home, for instance, then selling your existing home might come first. To that end, when you’re improving the home in order to get as much for it as possible, you want to make sure that your efforts are focused in the right place. Here, we’re going to look at the key areas you should focus on.

 

Table of Contents

The bathroom

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As one of the most practical rooms in the home, not to mention the room that is undeniably the most important when it comes to feeling comfortable, safe, and private in the home, any improvements you can make to the bathroom are well worth considering. These don’t have to be major renovations, such as adding a shower cubicle instead of a bath. Updating the tiles and more aesthetic details can often be enough to help a bathroom feel fresh, clean, and comfortable enough for new buyers to seriously consider it.

 

The kitchen

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The kitchen shares many of the same qualities as the bathroom, being that it’s a practical place where the new owners should feel safe and clean. However, it might be even more important, as it’s on the key shared spaces of the entire home, as well. Take your time to research your local kitchen renovation cost and see if you can’t make changes to improve how much space the kitchen offers or how it is organized to prioritize workflow. Even a simple update of the cabinets, countertops, and other details can make for a significant value increase.

 

The exterior

The outside of the home is just as much worth your consideration when selling the property. Although a little exterior refreshing and garden landscaping might not add any immediate practical value, they do add curb appeal. The more interest you can draw towards your home, the higher it can drive the price. Adding outdoor dining and social spaces can add even more value, too.

 

Adding extra room

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Basement lower level with bar and fireplace

If you have the room for it, it may be seriously worth considering making an extension to the home that allows for the addition of another room. This could be an extra bathroom, a guest room, an office, or even an in-law suite. Additional floor space is the greatest driver in added value. Of course, you have to consider not just the costs of the project but whether or not you might need planning permission to add it in the first place. Finishing an existing space, such as a loft, basement, or garage, might offer a similar reward for less work, too.

Regardless of what improvement you’re thinking of making, bear in mind that the rewards should outweigh the costs. You want a return on your investment, and whether or not you will get it will take into account not just the budget for your upgrades but the market that you’re selling to, as well.

Written by Laurie Graves

Laurie is a 50-something wife and boy mom, who loves to share easy recipes, DIY home ideas, and food hacks. She truly believes that with a little inspiration, anyone can make their home and meals feel special.