Unlocking Value: Renovations That Can Boost Your Home’s Worth
Strategic renovations can elevate a home’s value, but how do you know which projects to take on? Through years in the Pittsburgh real estate industry, we’ve narrowed it down for you. Here are a few of the best renovations to add value to your home, as well as some minor home renovations that add value and easy improvements that might make the difference in your home sale.
Kitchen Upgrades: The Heart of the Home
The kitchen is often regarded as the heart of the home, and for good reason. A modern, updated kitchen can dramatically increase your property’s appeal.
New Countertops
Opt for durable materials that both look great and are highly desirable among buyers. Materials like granite and quartz are the most popular kitchen countertop materials and have the best chance at wooing buyers.
Updated Appliances
Stainless steel appliances are a must for a contemporary kitchen. Energy-efficient models can also attract eco-conscious buyers.
Bathroom Remodels: A Touch of Luxury
Bathrooms are another critical area where small investments can lead to significant returns. Buyers appreciate spa-like features and modern conveniences. Here are some ideas:
Fixtures and Finishes
Upgrading faucets, showerheads, and light fixtures can instantly modernize your space. This goes for the rest of the house too!
Tile Work
Fresh tiles in the shower or on the floor can transform the look and feel of a bathroom. Even just a grout refresh can make a huge difference! The most popular grout color is white, followed closely by gray.
Storage Space
Adding shelves or cabinets can help maximize space and make a bathroom feel larger. But don’t over do it! Too many bulky cabinets can be claustrophobic. Mirrors can also help with enlarging a small bathroom.
Curb Appeal: First Impressions Matter
Your home’s exterior is the first thing potential buyers see, so investing in curb appeal can pay off significantly. Consider:
Landscaping
Simple updates like trimming bushes, planting flowers, and maintaining a lush lawn can enhance your home’s attractiveness. If you are not up to the task yourself, there are plenty of affordable landscaping services in Pittsburgh that can take care of it for you!
Clean Up
A fresh power wash and a new coat of paint for your front door or shutters can make your home stand out on the block. Make sure it is well done to avoid looking like you gave it the “landlord special.”
Outdoor Lighting
Adequate outdoor lighting is a must in terms of safety - especially for families. Tasteful lighting can also improve curb appeal.
Energy Efficiency Improvements
With rising energy costs, buyers are increasingly interested in energy-efficient homes. Consider these upgrades:
Windows
Replacing old windows with energy-efficient models can reduce heating and cooling costs, making your home more attractive.
Insulation
Updating insulation and sealing in the attic and walls can significantly impact buyer comfort. Improving insulation in your home can also make a significant impact on energy efficiency.
Smart Home Technology
Integrating smart thermostats, lights, and security systems can appeal to tech-savvy buyers and add a modern touch to any home.
Adding Space: The Right Investment
If your home allows for it, adding square footage can be one of the best ways to increase value.
Finished Basements
Transforming an unfinished basement into a living area or additional bedroom can provide great ROI in Pittsburgh's housing market.
Decks and Patios
Outdoor living spaces are highly desirable. A well-built deck can expand your entertaining space and attract buyers looking for a home that supports hosting. Building an outdoor deck or patio can transform a lackluster backyard into something appealing!
Projects to Avoid
Wallpaper
Wallpaper can look dated and is considered a niche taste. It’s also a lot of work to remove. For these reasons, we recommend avoiding wallpaper and sticking to simple paint. Even peel-n-stick wallpaper that can be easily removed can leave walls damaged when detaching.
Garage Conversions
If it isn’t broken, don’t fix it! Many homebuyers are motivated by the idea of storing their car in a garage and may be discouraged if this is off the table.
Bold Colors and Styling
While it’s tempting to personalize your space, keeping your renovations neutral can help appeal to a broader range of buyers. Think about using neutral paint colors and classic design elements that allow potential buyers to envision their own style. Pick up free swatches from home improvement stores and tape them to the wall to envision the best neutral paint colors for selling your home.
Invest Wisely
Renovating your home can be rewarding - both in terms of your living experience and your return on investment! Whether you opt for a major overhaul or quick renovations for your home, focus on improvements that will resonate with buyers.. If you’re considering selling or need advice on where to start, don’t hesitate to reach out. Together, we can make your home shine and maximize its potential!