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Posted on November 9, 2015
You can definitely recover the cost of your remodeling at resale with a smart and guided approach to home renovations. You must pay to see the job done right without improving those things which aren’t ultimately going to add the most dollar value at resale.
The good news is, there are lots of home renovations to get the job done. Some of these remodels are fast fixes like replacing the paint on a peeling entryway, changing out windows and siding.
Once you know what you need to remodel before you sell your home, you’ll be ready to proceed with a well-organized plan for fixing up your home first and then finding a buyer who will pay top dollar for it.
Remodel your kitchen
This is not the time to invest in an ultra-luxury kitchen space. Concentrating on areas like replacing the cabinets, flooring and counter tops should be first priority. Spending on energy-efficient and stainless steel kitchen equipment is a sure way to get the return you’re looking for come selling time. Generally, a solid kitchen renovation has a 66 percent return.
Remodeling the bathroom
You could recover 62 percent of your bathroom renovation investment in the event that you do it right. Numerous home buyers are searching for bigger bathrooms in the master suite so spend on space and finishes, as top of the line bathrooms are quick approaches to awe the pickiest of buyers. Additionally think about including an additional washroom. A closet or area under the stairs might be the ideal spot to tuck a powder room. Most home buyers looking for a three bedroom home need no less than two bathrooms. If your home only has one bathroom, adding a second bathroom can be a significant improvement if you can swing the renovation.
Convert your bedroom
The addition of a master suite in your home can make it more desirable to an expanding population demographic that includes baby boomers. Creating a master bedroom, master bathroom and sitting area can appeal to people of all ages. Don’t forget to think about making a bathroom handicap-accessible for a broader appeal.
Pay attention to your home office too
More home buyers are looking for pleasant home workplaces, on the grounds that an increasingly large number of workers are either carrying their work home with them, or deciding to telecommute. On the off chance that you change a room into an office, refrain from including furniture constructed into the space. Home workplaces recover 43 percent other their investment overall, however it’s always a good idea to take note of whether or not you live in a major business sector in town.
These are just some of the many options available to homeowners willing to invest in a remodel that sticks. If you’d like personalized advice on renovating your Los Angeles home, contact CREATE RE for an in-home consultation. (310) 321-1001.