Remodeling Projects That Will Increase Your Home Value

Remodeling a home can enhance home décor with incredible results, but it can also cost a small fortune. Some remodeling efforts may have minimal impact on value, and these projects may simply be sunk costs that only add to your enjoyment of living in the home. Others, however, can add true value to the home, and you may recoup some or all of the cost when you sell the home later. If you are looking for remodeling projects that will increase the value of your home, consider some of these ideas.

Updating the Front Door
The front door is a critical component to curb appeal, and many real estate agents will tell sellers to spruce up the entryway before listing their home on the market. This is because the front door is a focal point that receives a lot of attention as buyers walk up to and enter the home, and it also makes a first impression. Some studies have shown that almost all of the cost associated with updating the front door will be recouped when you sell the home. In addition to replacing the front door, think about updating the hardware and exterior light fixtures for the best results.

Improving the Kitchen
Inside the home, the two main areas that receive most scrutiny from buyers are the kitchen and the master bathroom. The kitchen can be costly and tedious to remodel, and because of this, many buyers want a kitchen that is already in beautiful condition rather than update it after the purchase on their own. Most of the cost of a kitchen remodel can be recouped during the sale, and this is particularly true if you use fixtures and features that are universally appealing. The cabinets, counter tops and back splash are features that may have the greatest impact and that may yield the greatest return when you sell the home.

Enhancing the Master Bathroom
Remodeling all bathrooms can add value, and most of the cost of these projects can be recouped at the sale as well. However, the master bathroom often receives more scrutiny from buyers than the other bathrooms in the home, and because of this, you may find that remodeling the master bathroom before the other bathrooms can help you to sell your home faster and for a better price. Cabinets, counters, bathtubs, fixtures and other elements can all be updated for great results.

There are many improvements that you can make to your home, and many will add at least some value to your home. However, the cost of these remodeling projects will typically be almost fully recouped if you sell the home within a reasonable period of time after the remodel and if the style has broad appeal.