Which Home Updates Are Worth The Investments

Home updates can be a great way to increase your home’s value and appeal to potential buyers when it comes time to sell. While some updates may not always provide a significant return on investment, there are a few key updates that are known to pay off. In this blog post, we’ll take a look at some home updates that can help you get the most out of your home sale.

1. Kitchen updates: A kitchen is often considered the heart of the home, and it’s a space that many potential buyers will pay close attention to. Updating your kitchen doesn’t have to mean a complete overhaul – simple updates like painting cabinets, replacing hardware, or installing new countertops can make a big difference. According to Remodeling Magazine’s 2021 Cost vs. Value report, a minor kitchen remodel can offer an average return on investment of 72.2%.
2. Bathroom updates: Bathrooms are another area that can have a big impact on potential buyers. Again, you don’t need to do a full renovation to make a difference. Replacing a tired-looking vanity, updating fixtures, or installing new tile can make a big difference. According to the same Remodeling Magazine report, a midrange bathroom remodel can offer an average return on investment of 62%.
3. Curb appeal updates: First impressions matter, and a home’s exterior is often the first thing potential buyers will see. Investing in curb appeal updates like a new front door, fresh landscaping, or a power wash of your home’s exterior can make a big difference. According to the National Association of Realtors’ 2021 Remodeling Impact Report, landscaping and hardscaping updates can offer an average return on investment of 100%, meaning you can recoup the full cost of the update.
4. Energy-efficient updates: Energy-efficient updates like replacing old windows or installing a smart thermostat not only make your home more comfortable to live in, but they can also be a selling point for potential buyers. According to the same Remodeling Magazine report, a midrange window replacement project can offer an average return on investment of 72.3%.

In conclusion, home updates can be a great way to increase your home’s value and appeal to potential buyers. While some updates may not always provide a significant return on investment, there are a few key updates that are known to pay off, including kitchen and bathroom updates, curb appeal updates, and energy-efficient updates. If you’re considering selling your home in the near future, investing in these updates can help ensure you get the most out of your sale.