The home is the largest investment for many individuals. It makes sense that you would want to make changes that add value when the time comes to sell. The wisest homeowners think about the return on investment (ROI) when remodeling in Palm Beach Gardens.
What are the home improvements that will increase its value, but won’t have you spend a fortune? We are glad you asked. We have put together a list of renovations that add to your financial investment without breaking the bank.
Kitchen and Bathroom Remodels
The first rooms that prospective buyers will look at when purchasing a home are the kitchen and bathroom. If they have to gut one or both of these rooms, this will likely impact their final decision. If you are worried about the cost of these renovations, we have some good news. You don’t have to spend much on an upgrade. When you make a few inexpensive improvements, it can significantly increase the value of these rooms. When remodeling on a budget, consider the following changes:
- Add modern fixtures to replace the old ones.
- Refinish your existing floors or install new hardwood floors, if applicable.
- Repaint both rooms with neutral colors, as buyers are more attracted to these shades.
- Swap out old appliances with energy-efficient ones. Look for the Energy Star symbol when shopping for new products.
These changes will not take a lot of time or cost thousands of dollars. Nevertheless, when prospective buyers see them, it will likely influence their decision in your favor.
Upgrade Old Toilets
Consider replacing your old toilet with a new model. Toilets have changed over the years and have become more energy-efficient. If you purchase a modern, low-flow toilet, this will move less water more easily each time you flush. Not only will this improvement increase your home value, but it will also lower your water bill while you’re still living in the home.
This is not a project we recommend doing on your own if you have no prior construction experience. For residential construction in Palm Beach Gardens, consider Chris Barbara Development. We specialize in a method known as design-build, where the planning and design phase is completed by the company that does the building. This method better ensures success, since the contractors are familiar with both areas of the job.
Walk-in Showers
While several homeowners prefer a tub and shower, others will accept only a shower in the master bathroom. Walk-in showers can modernize your bathroom without costing a fortune. For example, you may be able to find a pre-fab shower kit that is less than $1,000. You will have to pay for the cost of professional installation, but pre-fab will still end up saving you a significant chunk of money on this remodel.
Smart Thermostats
Smart technology is the way to a homeowner’s heart. Even if you are unable to upgrade your refrigerator, stove and oven, and other large appliances, you can start small. Consider an energy-efficient thermostat. These smart devices appeal to many homebuyers, young and old.
Programmable thermostats can auto-change from hot to cold, provide filter change alerts, and are even compatible with voice control assistants, such as Alexa. Some programmable thermostats cost less than $200. Just remember that cheaper ones, while still very smart, offer significantly fewer features.
Bottom Line
It is currently a seller’s market and may stay that way for several years. If you are thinking about performing upgrades to increase your home value to resell it in the next few years, be strategic. Look around your home and think about what upgrades can improve a buyer’s experience. Of course, what changes you make depend on the type of home you are selling and your key demographic. As a result, it’s wise to do extensive research (and apply common sense) before your home remodeling project. As you can see, you don’t need to spend a lot to upgrade your home. Knowing this should be a huge weight off your chest.
Contact Chris Barbara Development
For 40 years, our team has taken an active role in every project. We believe in good communication, competitive prices, and high-quality service. These are the fundamentals of an improved client experience and better ensures the job gets done right the first time. For remodeling in Palm Beach Gardens, contact Chris Barbara Development. Call (561) 312-2717 to learn more about our turnkey solutions.