Looking for home upgrades to increase your home's value? There are many options that it can be hard to know what will work best for you. If you want a quick and affordable way to get an edge on the market, these are the top upgrades that will significantly boost your property.
Firstly, you want to do is assess your home. You'll want to identify areas where you can make improvements. Once you know what areas need attention, check out some of these ideas for simple and effective home upgrades!
Siding
Siding is a great way to update your home. It's inexpensive and easy to install, but it also has the potential to add significant value to your property. There are various options available for choosing the right type of siding for your home. Fibre cement siding can recoup nearly 70% of the cost, while vinyl siding is slightly lower at 68%. To find out more about the correct type of siding for your home, click here.
Kitchen Remodel
One of the best home upgrades is a kitchen remodel. The kitchen is one of the essential rooms in your house, and it can impact the value of your home. If you're looking to upgrade, try adding new appliances, renovating countertops and backsplashes, and installing new cabinets. Then you can look to recoup up to 70% of the cost.
While installing all-new cabinets might be cost-prohibitive for some homeowners, there are other ways to make your space feel fresh without breaking the bank. Consider painting the existing cabinets to give them a new look or removing old appliances for updated ones.
Wooden Decking and Landscaping
A beautiful, well-built wooden deck can add to the value of your property. What's more, you can use it to host your guests, grill dinner, and barbecue.
A well-designed backyard landscaping is also an excellent way to increase the value of your home - figures suggest up to 77% of the outlay of making the improvements. It will give it a fresh look and make the outdoor feel more welcoming. There are so many options for backyard landscaping - from installing a water feature or putting in some fresh flowers to building a pond or adding a patio. The possibilities are endless!
Garage Door Replacement
A garage door replacement is one of the most cost-effective home upgrades you can do. It might not be glamorous, but it's an instant update that instantly makes your home feel newer and more updated. On average, you can look to recoup around 90% of the cost of a garage door replacement on your resale value.
If your garage door is between 8 to 10 years old, a garage door replacement may not be required to sell your home. However, if your garage door is more than ten years old, it's worth considering a replacement as this could boost the value of your home.
A new garage door will also make it easier for potential buyers to envision themselves living in your space. It's an easy way to spice up the front of your house without getting too complicated.
