Top 5 Biggest Upgrades That Add Value to Your Home -Janice Allen, Realtor, Jaqua Realtors, Kalamazoo

Imagine this scenario: You're contemplating selling your home within the next year or two. While your home is nice, you believe that some improvements are necessary before putting it on the market. Your primary objective is to maximize the selling price. So, what steps should you take? In this article, we will discuss the top five value-boosting upgrades for your home.

Before we delve into the list, there's a crucial point that many sellers overlook, often costing them thousands. Many of the upgrades homeowners undertake before selling fall into one of two categories. Either the upgrades add little to no value, or they end up costing more than the value they bring. Our aim here is to provide you with the best "bang for your buck" in terms of upgrades. We'll also provide an estimate of the cost and the potential value increase for each.

Here are the top five "bang for your buck" home upgrades:

1. Paint, Inside and Out

One of the most crucial but often overlooked upgrades is painting. If your home looks worn out and needs a fresh coat of paint, it can turn potential buyers away.

Neutral colors are key. Stick to basics unless a professional advises otherwise. White is often seen as clean and versatile, making it a safe choice.

Bonus tip: Painting baseboards and trim can breathe new life into a room, and it's a cost-effective way to address wear and tear. Costs vary based on the home's size.

2. Curb Appeal

First impressions matter. Curb appeal is what your potential buyers see, smell, touch, and feel before entering your home.

Simple steps can enhance curb appeal: declutter, power wash siding and sidewalks, and add some life and color with flowers or greenery.

3. Flooring

Upgrading flooring can make a significant difference for homebuyers. Most buyers prefer move-in-ready homes and are reluctant to tackle flooring projects themselves.

Costs and choices depend on your home's price range:

Under $300k: Newer flooring, even carpet, can be a big selling point.

$300k - $1m: Consider existing hardwood floors in excellent condition or Luxury Plank Vinyl (LPV) flooring. LPV replicates the appearance of natural materials like hardwood, stone, or tile. There are also unlimited different styles to choose from. Please be careful though when you change the flooring. Do so from someone licensed who has years of experience of installing flooring in a quality way.

$1m+: Seek professional advice for high-end homes. I definitely recommend speaking with one of our in-house designers before making any changes to your home. We can bring in one of our professionals to help make that decision with you.

Reach out and ask for an estimate if you're interested.

4. Fixtures and Lighting

Overlooked yet impactful upgrades include fixtures and lighting. Consistency in the look and feel throughout your home is essential.

High-end fixtures may be necessary for luxury homes, but for most homes, mid-range options can improve perceived value without breaking the bank.

5. Bathrooms

Bathroom upgrades often lead to overspending. Opt for affordable options, such as refinishing or replacing specific elements like countertops, lighting, and plumbing fixtures, for a similar value boost.

If you're considering selling in the next year or two, it's wise to act sooner rather than later. You can also track your home's value here, and we'll provide monthly updates on any changes.

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Janice Allen is a REALTOR in Kalamazoo, Michigan with Jaqua Realtors. I'm a musician that plays 6 instruments (not all at the same time!), I'm a die-hard tech nerd, and avid tennis fan. I've been helping families buy, sell, and relocate since 2001. My husband and I are living the dream with our two tabby cats.

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Janice Allen, Realtor
Jaqua Realtors
221 S. Drake Road
Kalamazoo, MI 49009

🚚 RELOCATING to Michigan? Start here:    • 7 Reasons You Will Love Moving to Mic...  

🚴SELLERS start here:    • Seller Tips  

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