You and your significant other watching a little too much HGTV? Its a Tortured Relationship, watching amazing transformations, and thinking to yourself- "WOW! I can do that." Watch enough and you'll start believing you're a home builder or interior designer.
But will renovations increase your homes value? What do I renovate? Is it worth the cost to invest in renovations? Check out Realtor Magazine breakdowns below.
Project (average cost recouped, national) according to Realtor Magazine:
Minor kitchen remodel (88%)
Bathroom remodel (85%)
Major kitchen remodel (81%)
Family room addition (80%)
Deck addition (77%)
Master suite (75%)
Attic bedroom (74%)
Siding replacement (73%)
Window replacement (69%)
Home office (55%)
3 Easy Pro Tips that make a huge impact:
Curb appeal counts
If you have a nice curvy walkway, accentuate it with flowers or lanterns. If the first thing a visitor sees is your big wide garage, try to guide their eyes into a beautiful front yard, or paint your front door red to guide the eye there. Paint your deck. Change outdoor lighting fixtures. Pressure wash your fence. These things add value.
Upgrade the kitchen
Do a mini-remodel. Change the paint. It sounds simple, but it works. You can also paint a faux-wood finish onto your cabinets. This looks just like cherry. Add a splash of color with a new backsplash. New tile is attractive. Home improvement stores teach classes on this. Go stainless steel. The cold feel of steel is a hot ticket item for buyers. Transition your appliances as they wear out and go with a similar metallic look in your light switches.
Beautify your bathroom
Of all the rooms in your house, the bathroom is the workhorse. There is lots of wear and tear, so you want to keep it functioning well and make good looking upgrades along the way. Fresh Paint. New Shower Curtain. New Faucet. Go granite or marble with your countertops.Heated floors attract buyers like bees to honey.