What Home Renovations Add The Most Value?

If you’re planning on selling your home in Colorado Springs, a few renovations will go a long way to making your home more attractive to potential buyers. But what renovations will add the most value to your home? These upgrades will give you the most bang for your buck and add instant value to your home.

Kitchen Updates

The kitchen is the heart of the home, so you want to make sure that the space is inviting and fully functional. You don’t have to do a complete remodel, but a few upgrades will make the space more attractive to home buyers. Updates could include replacing your old appliances with newer energy-efficient models, redoing the cabinets and countertops, and adding a modern backsplash. You might also want to consider adding new outlets.

Roof Replacement

When was the last time you assessed your roof? This is one of the most important elements of the home, so it needs to be in top shape to pass a home inspection and justify asking a higher price for your home. Have an expert look at your roof to identify any problems and make necessary repairs. Adding new shingles will add to the aesthetics and value of your home. Solar panels are also a key selling point for many new buyers.

Smart Home Technology

Smart devices are such a big part of our day-to-day lives that many home buyers now expect them in a home. There are numerous smart devices you can invest in for comfort, convenience and security including smart locks, security cameras, and device controlled thermostats and irrigation systems. These devices are a great investment because they’re easy to install and can instantly modernize your home.

New Windows

Replacing your windows will not only freshen up the look of your home, but it will also add value by saving potential buyers costs on utility bills. Energy-efficient windows are a huge draw for buyers because they significantly reduce cooling and heating costs. They can also help soundproof the home, which is great for homes in busier urban areas. Look for windows that have dual-pane or triple-pane glass and wood or vinyl frames.

Finished Basement

Basements are always a key selling point, and even more so if the basement is finished. A finished basement adds more usable square footage to the home. The extra space can be used for an additional bedroom, rec room, or even a separate rental unit. Buyers will also be happy that they won’t have to take on the task of finishing the basement themselves. It may seem like a big investment, but the returns on investment can be up to 75%. 

Bathroom Upgrades

The bathroom may not be one of the main hubs of the home, but it is definitely a place where people want to feel comfortable and uplifted. Modernizing your bathroom can add significant value to your home. Bright spaces with sleek fixtures are on trend right now. Consider replacing outdated fixtures and tiles, adding a new tub or shower and widening the windows or adding a skylight if your budget allows for it. 

Are you thinking about selling your Colorado Springs home? We can help you every step of the way, from pricing your home right to home staging, arranging showings and more. Contact us here or call 719-338-7294 to speak to one of our military relocation real estate agents today!