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Which Home Improvements Add the Most Value to Your Home

Whether youre trying to sell a home in Dallas, Plano, Southlake, Frisco, or even somewhere outside DFW like Leander, Texas, all of the tips amp; improvements below will help get your home ready for the market. Which Home Improvement Projects Add the Most Value to Potential Buyers? Television is saturated with home improvement shows. In a single 30 to 60-minute episode, viewers can watch as a team of experts ldquo;magicallyrdquo; transform what appears to be a dilapidated ruin into a mini palace (or a Zen-like, tranquil space). But, the question remains, do any of these flashy home improvements add value to the home? If so, which improvements add the most value? Therersquo;s a caveat to consider before these essential questions are addressed. Though an approximate monetary ldquo;valuerdquo; can be assessed, this calculation often varies depending on: Neighborhood valuation comparatives or ldquo;compsrdquo; The perception of the buyer -- this is particularly the case if your intention is to sell the home after yoursquo;ve upgraded any of the areas listed below The amount of improvement you intend to undertake (e.g. gutting the entire kitchen and upgrading everything or just refurbishing a few well-worn components of the room) With this in mind, there are two key areas that can boost a homersquo;s perceived value whether you perform a large-scale improvement or make small, yet important, changes. Kitchens and Bathrooms are Number 1 There are three generations of buyers to consider when choosing to upgrade your kitchen, bathroom or any other part of your home: Baby Boomers, Generation X, and Millennials. Since each group has both within group (meaning within the Gen X segment, this will vary) as well as between group ndash; meaning between each group, which means that Gen X and Millennials have separate and distinct lifestyle choices that affect home buying ndash; nbsp;it is difficult to pinpoint what, exactly, should be done to improve your kitchen and bathrooms. However, the one aspect that unifies all generational groups is where they first encounter a home for sale: they will first search online for available homes that fit their budget and style choices. Therefore, doing a bit of research as to the current homes on the market and reviewing the pictures presented (along with the current sale price) will give you a general idea as to what is most valued in terms of home improvement or minor, money-saving upgrades. Some general guidelines for the kitchen are: Paint or update the cabinets Update the appliances: microwave and stove (Gen X and Millennials tend to prefer ldquo;SMARTrdquo; appliances ndash; though this is far from being 100 true) Replace smaller fixtures such as lighting and the sink faucets; water saving features translate into being money-saving incentives If you want to remodel the kitchen completely, then open kitchen floor plans tend to be a popular choice amongst Gen X and Millennial buyers When analyzing your bathrooms for possible upgrades: Replace the toilet seats ndash; this is particularly true if they are cracked or otherwise damaged in any way If there is carpeting in the bathroom, make sure it is thoroughly steam cleaned or replaced Stem clean or replace floor and bath tub or shower tiles ndash; cracked tiles are a turn off as they signal an extra expenditure that many first home buyers donrsquo;t want to finance (and due to the Millennial generation, first time home buyers are on the rise) Update shower heads and other fixtures including lighting; this doesnrsquo;t need to be super expensive, but durability, water saving features, and a generally pleasing aesthetic can increase the incentive for the buyer to make an offer Make sure shower doors are fully functional and clean; replace shower doors that are rusted, leaking, cracked, or irreparably water stained Even if yoursquo;re simply improving the kitchen and bathroom for yourself, it is wise to keep in mind the ldquo;what if I need to move and sell the homerdquo; question as you plan any upgrades or other changes.



This post first appeared on Dallas Real Estate, please read the originial post: here

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Which Home Improvements Add the Most Value to Your Home

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