Homeownership can be an excellent investment, but what is the best way to maximize returns? Sellers often fear choosing updates that a potential buyer might not like, so they instead offer allowances to buyers when it is time to sell. According to realtor Martha White, that is not the way to go. "Buyers today want repairs and updates generally done," says Martha, "updates or improvements with today's materials lend to a much quicker sale at a higher price!".
We asked Martha which upgrades she recommends doing right now to increase the value of the home.
Kitchen
Remodeling your kitchen will likely be one of your most expensive projects, but it pays to spend money on a room you use every day! The average cost of a kitchen remodel is about $50,000 on top of appliances and furniture, but it adds even more to the resale value.
Bathrooms
Bathroom upgrades, especially the master, are critical for increasing your home value but are frequently overlooked. Hiring someone to install new fixtures, such as a sink faucet or toilet seat, will make your bathroom look brand new without spending too much money.
Lighting fixtures
We know that lighting is one of the first things you notice when you walk into a room. Updating them can also be a great way to energize the space and create better moods and feelings.
Front Door
Front doors need to be a WOW. Because your front door is the focal point of your home's exterior, it's critical for increasing curb appeal. Steel and glass are very popular, and even a pop of color on the front door appeals to today's buyers.
Before you officially put your home on the market, Martha also recommends having clean windows, repainted walls, and freshened landscaping.
Martha White is a Better Homes and Gardens Gary Greene Post Oak Agent and a consistent Top Producer. Martha has three adult married children and seven grandchildren age five and younger! She says being a mom is a true gift from God, giving her patience, flexibility, compassion, maturity, and more insights into what is truly important in life!