When it comes to adding value to your home, the key is to choose updates that future buyers will also want and be willing to pay for. In general, functional updates that are neutral and timeless tend to have the highest resale value. Here are some updates that can add value to your home:
Update Your Kitchen and/or Bathrooms
Updating your kitchen and/or bathrooms can yield a high return on investment, whether you opt for a minor or major remodel. It's important to strike a balance between staying timeless and paying attention to current trends.
Increase Usable Space
Adding usable space to your home can also increase its value. Consider adding an extra bathroom, upgrading or expanding your kitchen and/or master bedroom suite, adding more closet space, or converting an unused space into a more functional area, like a spare bedroom into a home office or basement into the ultimate hangout space.
Lighten and Brighten Your Rooms
Lightening and brightening your rooms can make your home feel more spacious and inviting. Consider painting your rooms white or with a light-colored paint to neutralize the space. You can also add skylights, windows, or French doors to bring in more natural light.
Revamp the Exterior
Don't forget about the exterior of your home when it comes to adding value. Updated landscaping can draw in buyers before they even step foot inside your home. Keep your shrubs, trees, and grass trimmed and tidy, and consider adding a splash of color with vibrant plants or an eye-catching front door color. A focal point like a flagstone walkway or water feature can also make a big impact.