Have you been thinking about selling your home? Or will you be in the next five years? There is no time like the present to be preparing for a resale that will bring you the highest return on your investment. If you are wondering where the best places to put your money into when fixing your home for resale, here is a list of the top upgrades that will give you the highest returns!
1. Kitchen: A state-of-the-art kitchen is one of the most popular renovations for earning back most, if not all, of its investment. Even if you don't fully gut and renovate, certain upgrades --granite counters, hardwood or high-end tile floors, premium appliances (especially stainless steel), islands and undermount sinks -- attract attention and can increase value.
2. Master Bath: An updated master bath is is extremely attractive to new home buyers. Isn't a dream master bath the top on most people's lists? Consider upgrading to a frameless glass shower enclosure (very popular in modern homes) as well as new fixtures, and a new vanity.
3. Paint. You would be surprised the length a few cans of paint will go in the eyes of a new home buyer. Repaint the interior of your home, keep the colors neutral with soft earth tones, and then make sure you pick up some fantastic pillows and accessories to add punches of color.
4. Curb appeal: This is one of the most important things that sellers forget. Curb appeal is huge, it is really the first impression that a potential buyer will have of your home, not to mention that it is a low-cost no-brainer. Give the front door a fresh coat of paint in a wonderful accent color, style your hedges, and give the grass some TLC. Then create a strong first impression by adding shiny new house numbers and some wonderful outdoor lighting.
5. Maintenance: Don't let silly things come up on a home inspection because you didn’t feel like keeping up with your maintenance! Make sure you have been regularly cleaning your home, watching for bugs and mold, and repairing any holes or cracks.
6. Hardwood flooring: No homebuyer wants to walk barefoot across your tired, stained, worn-out carpet. Instead, choose to go with hardwood flooring! This will not only give your home a quality look, but also will add great value onto your home's worth.