If you’ve lived in your house for a long time, there are probably some rooms that could benefit from home renovations. Some projects are well worth it if you plan to stay in your home and update things to your preferences. But if you’re thinking about selling, some renovations aren’t worth completing. These projects are expensive, and you’ll never see your money back.
So what updates are worth making and will add value to your house? Here’s a look at some of the best projects you can complete on your home that will pay off when it comes time to sell.
Upgrading the Garage Door
Changing out your garage door can make a serious impact on your home’s curb appeal. According to a recent study, upgrading your garage door is the best home renovation to add value to your home. The average cost to replace a garage door is $3,907, and it adds $3,663 in value. That means you’ll recoup almost every penny you spend on the garage door upgrade when it comes time to sell your house.
Finishing the Basement
Any project that adds to the overall square footage of your home will help add value. Finishing the basement is the most common method that people add square footage, and if you’re adding more bedrooms or bathrooms by completing the space, that’s a huge bonus. You’ll recoup about 70% of your costs, but you can increase that number by DIYing the job.
Opening Up the Space
Knocking out a wall separating the kitchen from the living room can instantly make your home feel more extensive and open. Demolition is the easy part, though. Keep in mind you’ll need to relocate some electrical wires, integrate the flooring between the two rooms, and patch the remaining walls and ceiling. Typically, this is a relatively simple project that can add a lot of value to your home. Just make sure it’s not a load-bearing wall before you knock it down!
Painting your home is one of the most inexpensive home renovations you can make, and it’s easy enough to do it yourself. Make sure you invest in good quality paint and pick a neutral color that will appeal to a broad group of people. This can add value to your home and make it easier for buyers to imagine themselves living there.
Call Joe Homebuyer Dallas Today
Home renovations can add value to your home, but they are a lot of work. If your home is no longer meeting your needs, Joe Homebuyer Dallas is here to help. We’ll buy your home fast, no matter what condition it’s in, so you don’t have to spend your time and money on renovations.
Just tell us a bit about your home in Fort Worth, Texas, or any of the surrounding cities, including Dallas, McKinney, and Station Park, and we’ll make you a cash offer in as little as 24 hours. We can close on any day you choose, and you won’t pay any fees or commissions. Contact us today to get an offer on your home!