If you’re looking to sell your home within the next few years, you may be thinking about which types of renovations make the most sense. Spending too much money might mean making yourself happy in the short-term but compromising your profit in the long-term. Spending too little means home improvements many not pass muster with future home buyers. What remodels really stand out to potential home buyers? This list focuses on improvements that cause home buyers to stand up and take notice and makes your home look fantastic in the process.
An unfinished basement means an opportunity lost. Finished basements can double the amount of living space in your house. Some buyers may not look at a finished basement as quality space while other buyers, especially those with small children, may view a finished basement as a plus.
Your Entry Door
Consider that every home buyer will see that door and will walk through it. If your front door is lacking, replace it immediately with a steel or fiberglass door, or with a high-quality wood door. The first impression for sure.
Manufactured Stone Veneer
Stone veneer is a composite, stone-like material that looks like the real thing. Though not a structural stone, stone veneer dresses up a house like nothing else. It’s not a replacement for siding, but a siding supplement, usually added along the lower half or third of an exterior wall.
Minor Kitchen Remodel
It rarely pays to do a major gut-and-redo type of kitchen remodel as kitchen remodels can get really expensive, fast. Focus on keeping your kitchen remodeling costs reasonable so that the payoff will be greater when you sell down the road. Think minor kitchen remodel such as cabinet re-facing instead of replacing; new solid surface counters rather than granite or quartz; and cost-effective flooring such as luxury vinyl or laminate over natural stone or porcelain.
Fiber-cement siding is a highly-valued remodel project. Some brands will pay back nearly 76% of its initial cost at time of sale. Not only that, it looks fantastic while you still own the house.
Vinyl Siding – Midrange
Midrange cost vinyl siding pays off fairly well, too. Today’s siding quality is trickling down to all levels so you can expect decent value with the mid-level vinyl selection.
Foam-Backed Vinyl Siding – High Range
Just like vinyl replacement windows, vinyl siding is going upscale. Rich colors and textures are
more convincing. Foam-backed vinyl siding also gives you an extra “R” insulation value point or two. May not be much, but every bit helps.
Wood Deck – Midrange
Ever consider the wood decking return value at time of sale? Some reports show nearly an 82% of its cost at sale. Something to think about if a deck is on your radar.
Wood Window Replacement – Midrange
Replacing windows is always a plus, but replacing with wood gives your home greater aesthetics to attract potential buyers. Wood windows add warmth and a timeless quality.
Vinyl Window Replacement – High Range
Vinyl replacement windows are no longer viewed as cheap windows to avoid. Vinyl window technology has advanced, and many features formerly available only with more expensive wood or fiberglass windows can now be found with vinyl windows.
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About Becraft Plus
Since 1989, Becraft Plus has provided customized design and construction services to customers in the Washington, D.C. area. We specialize in custom home building, additions and remodeling, and whole house renovations with a focus on creating living spaces that are tailored to the needs of our clients.
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