If you’re a homeowner, you know there are several hot spots within the home that are attractive to prospective buyers if you ever decide to sell. However, according to an article by Michael Corbett for Trulia, it’s important to understand that there’s not always a direct relationship between what you spend to make upgrades and improvements around the house and exactly how much of a return you’ll get out of them.
Below, we’ve shared a few of Corbett’s top target projects:
- Kitchen: Ten grand won’t be enough for a full kitchen makeover, so instead think about upgrading tired old appliances. Corbett also says cabinet resurfacing and upgrading the countertops can be very affordable and “give a big splash.”
- Master bath: Again, $10,000 won’t go far but that amount should be enough to create a “wow effect.” Consider upgrading the shower to a frameless glass enclosure, adding new fixtures, and perhaps a new vanity and countertops.
- Paint: Corbett recommends repainting the interior of your home in neutral, soft earth tones. Then, add some pillow cases and accessories to add a pop of color.
- New carpet: Go with a neutral shade of carpet when replacing tired, old, stained, and dirty carpeting.
- Curb appeal: Corbett says this is low-cost no-brainer. Trim your hedges, cut the grass, plant some flowers, and repaint the front door. You can also consider adding new house numbers and a new mailbox as well as some cool outdoor lighting.
- Push the inside out: Corbett says that if there is a room that looks out to the backyard, push it out by replacing windows with French doors and build a small deck.