The time for selling your house for top dollar is waning, and top real estate agents predict that the market will cool considerably in the second half of 2022. So, while the market is still in your favor, why not maximize the value of your home and reap sizable profits by tackling some of these home improvements?
Renovate the bathroom
Renovating the bathroom is a big project, to be sure. However, when done right, you could see a 182% return on your investment. That’s a sizable chunk of change! Some of the key elements of your bathroom renovation should include a double vanity, a soaking tub, more storage, and updated flooring. Keep in mind that when you’re choosing colors, designs, and materials, you’ll want to look at current trends and what appeals to buyers in the San Francisco, CA area.
Spruce up the landscaping
We only get one chance to make a great first impression and when you want to sell your house quickly, curb appeal is key. Not only will planting new greenery, establishing a solid lawn care routine, and cleaning the hardscaping make your home look good, you’ll get 100% of that money back when you sell.
Update the kitchen
Buyers love a spa-like bathroom and a yard that’s the envy of the neighborhood, but they also love updated kitchens that both look good and function well. Buyers are particularly drawn to stainless steel appliances, granite countertops, an island, and a spacious pantry. These upgrades can cost quite a bit of money, but when it’s complete, you can expect to see an 81% increase in your home’s value.
Front door makeover
Improving your curb appeal is important, but you can’t overlook your front entryway. Your front door and porch need to give buyers the feeling that they’re stepping into a welcoming, well-kept home and this is the first step. If you’re on a budget, you can update the house numbers, create a little seating area on the porch, and give the front door a fresh coat of paint. However, if you’re ready to spend a little bit of money, you can buy a brand new, energy-efficient door that compliments the style of your home.
Build a deck or patio
Buying a house is one of the largest purchases (if not the largest) and people want to be able to enjoy every inch of their new property. So why not give potential buyers the deck or patio that’ll make them excited to have guests over for a visit? Granted, you don’t have to go above and beyond – a simple deck or patio will do. However, it’s about how you dress it and sell it as a space for entertaining complete with cozy seating, plants, and maybe a grilling area!
Choosing to sell your home isn’t something that we do on a whim, nor is taking on a few renovation projects. You can do countless projects to give your home that added oomph, but San Francisco buyers will certainly appreciate these upgrades!